United Parcel Service, Inc. (NYSE:UPS) Shares Sold by Regal Investment Advisors LLC

Regal Investment Advisors LLC reduced its stake in shares of United Parcel Service, Inc. (NYSE:UPS – Get Rating) by 11.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 4,913 shares of the transportation company’s stock after selling 659 shares during the quarter. Regal Investment Advisors LLC’s holdings in United Parcel Service were worth $1,053,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently made changes to their positions in UPS. DB Fitzpatrick & Co Inc acquired a new stake in United Parcel Service during the 4th quarter worth about $28,000. Curi Wealth Management LLC acquired a new stake in United Parcel Service during the 4th quarter worth about $28,000. Steward Financial Group LLC acquired a new stake in United Parcel Service during the 4th quarter worth about $32,000. PSI Advisors LLC acquired a new stake in United Parcel Service during the 3rd quarter worth about $34,000. Finally, Bell Investment Advisors Inc acquired a new stake in United Parcel Service during the 3rd quarter worth about $34,000. 57.85% of the stock is currently owned by institutional investors.

Several research firms have recently issued reports on UPS. Vertical Research increased their target price on shares of United Parcel Service from $195.00 to $265.00 and gave the stock a “buy” rating in a research note on Wednesday, February 2nd. Barclays lowered their target price on shares of United Parcel Service from $245.00 to $220.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 27th. Raymond James lowered their target price on shares of United Parcel Service from $275.00 to $250.00 and set a “strong-buy” rating on the stock in a research note on Wednesday, April 27th. BMO Capital Markets lowered their target price on shares of United Parcel Service from $225.00 to $200.00 and set a “market perform” rating on the stock in a research note on Wednesday, April 27th. Finally, Cowen increased their target price on shares of United Parcel Service from $203.00 to $232.00 and gave the stock a “market perform” rating in a research note on Wednesday, February 2nd. One research analyst has rated the stock with a sell rating, fifteen have given a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $225.04.

Shares of NYSE UPS traded up $0.90 during midday trading on Friday, reaching $178.04. 3,598,100 shares of the stock were exchanged, compared to its average volume of 3,628,483. The company has a 50 day simple moving average of $197.52 and a 200 day simple moving average of $205.72. The stock has a market capitalization of $154.96 billion, a P/E ratio of 14.53, a PEG ratio of 1.55 and a beta of 1.16. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.52 and a current ratio of 1.52. United Parcel Service, Inc. has a twelve month low of $173.19 and a twelve month high of $233.72.

United Parcel Service (NYSE:UPS – Get Rating) last announced its quarterly earnings results on Tuesday, April 26th. The transportation company reported $3.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.88 by $0.17. The business had revenue of $24.40 billion during the quarter, compared to the consensus estimate of $23.80 billion. United Parcel Service had a net margin of 10.90% and a return on equity of 82.94%. The business’s revenue was up 6.5% compared to the same quarter last year. During the same quarter last year, the firm earned $2.77 EPS. On average, research analysts expect that United Parcel Service, Inc. will post 12.83 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 2nd. Investors of record on Monday, May 16th will be issued a $1.52 dividend. The ex-dividend date of this dividend is Friday, May 13th. This represents a $6.08 annualized dividend and a yield of 3.41%. United Parcel Service’s dividend payout ratio (DPR) is presently 49.63%.

In related news, insider Laura J. Lane sold 6,988 shares of United Parcel Service stock in a transaction that occurred on Friday, February 18th. The shares were sold at an average price of $208.28, for a total value of $1,455,460.64. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Philippe R. Gilbert sold 3,897 shares of United Parcel Service stock in a transaction that occurred on Thursday, March 3rd. The shares were sold at an average price of $215.37, for a total transaction of $839,296.89. The disclosure for this sale can be found here. 0.12% of the stock is currently owned by company insiders.

About United Parcel Service (Get Rating)

United Parcel Service, Inc provides letter and package delivery, transportation, logistics, and related services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of letters, documents, small packages, and palletized freight through air and ground services in the United States.

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