10,000 Shares in United Parcel Service, Inc. $UPS Acquired by Quinn Opportunity Partners LLC

Quinn Opportunity Partners LLC purchased a new stake in United Parcel Service, Inc. (NYSE:UPSFree Report) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 10,000 shares of the transportation company’s stock, valued at approximately $1,009,000.

Other institutional investors have also added to or reduced their stakes in the company. Andra AP fonden increased its stake in shares of United Parcel Service by 95.9% during the 2nd quarter. Andra AP fonden now owns 332,983 shares of the transportation company’s stock worth $33,611,000 after purchasing an additional 163,000 shares during the last quarter. Equity Investment Corp grew its holdings in United Parcel Service by 16.8% during the second quarter. Equity Investment Corp now owns 1,130,550 shares of the transportation company’s stock worth $114,118,000 after purchasing an additional 162,364 shares during the period. Founders Capital Management LLC grew its holdings in United Parcel Service by 8.3% during the second quarter. Founders Capital Management LLC now owns 111,405 shares of the transportation company’s stock worth $11,245,000 after purchasing an additional 8,579 shares during the period. AE Wealth Management LLC increased its position in United Parcel Service by 10.9% during the second quarter. AE Wealth Management LLC now owns 49,712 shares of the transportation company’s stock worth $5,018,000 after buying an additional 4,885 shares during the last quarter. Finally, Gallacher Capital Management LLC bought a new position in shares of United Parcel Service during the 1st quarter worth approximately $620,000. 60.26% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, Director Christiana Smith Shi acquired 500 shares of United Parcel Service stock in a transaction dated Friday, August 22nd. The stock was bought at an average price of $88.17 per share, with a total value of $44,085.00. Following the transaction, the director directly owned 500 shares in the company, valued at $44,085. This represents a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.13% of the company’s stock.

United Parcel Service Stock Up 1.2%

Shares of NYSE UPS opened at $96.12 on Thursday. The company has a market cap of $81.47 billion, a price-to-earnings ratio of 14.86, a PEG ratio of 2.29 and a beta of 1.11. The company has a current ratio of 1.30, a quick ratio of 1.32 and a debt-to-equity ratio of 1.50. United Parcel Service, Inc. has a 12 month low of $82.00 and a 12 month high of $138.67. The stock has a 50-day moving average price of $87.46 and a two-hundred day moving average price of $92.90.

United Parcel Service (NYSE:UPSGet Free Report) last announced its quarterly earnings results on Tuesday, October 28th. The transportation company reported $1.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.43. United Parcel Service had a net margin of 6.15% and a return on equity of 40.07%. The company had revenue of $21.42 billion during the quarter, compared to the consensus estimate of $20.94 billion. During the same period in the prior year, the business earned $1.76 earnings per share. The company’s revenue for the quarter was down 3.7% compared to the same quarter last year. United Parcel Service has set its Q4 2025 guidance at EPS. As a group, analysts forecast that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.

United Parcel Service Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Monday, November 17th will be issued a dividend of $1.64 per share. This represents a $6.56 dividend on an annualized basis and a yield of 6.8%. The ex-dividend date is Monday, November 17th. United Parcel Service’s dividend payout ratio (DPR) is presently 101.39%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on UPS shares. Vertical Research reaffirmed a “hold” rating and set a $103.00 price objective on shares of United Parcel Service in a research report on Wednesday, July 30th. Weiss Ratings restated a “sell (d+)” rating on shares of United Parcel Service in a report on Wednesday, October 8th. Stifel Nicolaus decreased their target price on United Parcel Service from $120.00 to $109.00 and set a “buy” rating on the stock in a research report on Tuesday, October 28th. BMO Capital Markets reissued a “market perform” rating and set a $96.00 price target (down from $125.00) on shares of United Parcel Service in a report on Friday, September 19th. Finally, Stephens raised United Parcel Service to a “hold” rating in a report on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, sixteen have issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $110.00.

Get Our Latest Stock Report on United Parcel Service

About United Parcel Service

(Free Report)

United Parcel Service, Inc, a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States.

See Also

Institutional Ownership by Quarter for United Parcel Service (NYSE:UPS)

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