Mount Yale Investment Advisors LLC Has $533,000 Stake in United Parcel Service, Inc. (NYSE:UPS)

Mount Yale Investment Advisors LLC decreased its position in United Parcel Service, Inc. (NYSE:UPS) by 41.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,584 shares of the transportation company’s stock after selling 2,540 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in United Parcel Service were worth $533,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of UPS. Quent Capital LLC raised its stake in shares of United Parcel Service by 54.3% in the 4th quarter. Quent Capital LLC now owns 1,267 shares of the transportation company’s stock valued at $199,000 after purchasing an additional 446 shares during the period. BLB&B Advisors LLC increased its position in shares of United Parcel Service by 11.1% in the fourth quarter. BLB&B Advisors LLC now owns 2,657 shares of the transportation company’s stock valued at $418,000 after acquiring an additional 265 shares during the last quarter. Miracle Mile Advisors LLC acquired a new stake in shares of United Parcel Service in the fourth quarter valued at about $6,120,000. Spirit of America Management Corp NY increased its position in shares of United Parcel Service by 4.1% in the fourth quarter. Spirit of America Management Corp NY now owns 2,550 shares of the transportation company’s stock valued at $401,000 after acquiring an additional 100 shares during the last quarter. Finally, JLB & Associates Inc. increased its position in shares of United Parcel Service by 8.0% in the fourth quarter. JLB & Associates Inc. now owns 17,978 shares of the transportation company’s stock valued at $2,827,000 after acquiring an additional 1,324 shares during the last quarter. Institutional investors and hedge funds own 60.26% of the company’s stock.

Insiders Place Their Bets

In other United Parcel Service news, Director William R. Johnson bought 5,000 shares of the business’s stock in a transaction on Thursday, July 25th. The stock was purchased at an average cost of $128.61 per share, for a total transaction of $643,050.00. Following the completion of the purchase, the director now directly owns 5,160 shares of the company’s stock, valued at $663,627.60. The acquisition was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 0.13% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Evercore ISI lowered their target price on United Parcel Service from $157.00 to $145.00 and set an “in-line” rating on the stock in a research report on Monday, June 24th. HSBC raised United Parcel Service from a “hold” rating to a “buy” rating and lifted their target price for the company from $150.00 to $170.00 in a research report on Thursday, April 25th. Susquehanna lowered their target price on United Parcel Service from $160.00 to $135.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 24th. Redburn Atlantic upgraded United Parcel Service from a “neutral” rating to a “buy” rating and set a $180.00 price target for the company in a report on Wednesday, April 3rd. Finally, Barclays reduced their price target on United Parcel Service from $145.00 to $120.00 and set an “equal weight” rating for the company in a report on Wednesday, July 24th. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, United Parcel Service has a consensus rating of “Hold” and a consensus price target of $154.95.

United Parcel Service Price Performance

Shares of UPS stock traded down $0.22 during trading on Monday, hitting $128.61. The company had a trading volume of 5,350,156 shares, compared to its average volume of 4,240,208. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.04 and a current ratio of 1.25. The firm has a market capitalization of $110.03 billion, a P/E ratio of 18.62, a price-to-earnings-growth ratio of 1.78 and a beta of 0.98. The stock’s 50-day moving average price is $137.64 and its 200 day moving average price is $145.48. United Parcel Service, Inc. has a one year low of $124.80 and a one year high of $188.32.

United Parcel Service (NYSE:UPS) last released its earnings results on Tuesday, July 23rd. The transportation company reported $1.79 earnings per share for the quarter, missing the consensus estimate of $1.99 by ($0.20). United Parcel Service had a return on equity of 35.27% and a net margin of 5.87%. The business had revenue of $21.82 billion for the quarter, compared to the consensus estimate of $22.17 billion. During the same quarter in the previous year, the company earned $2.54 earnings per share. The firm’s revenue for the quarter was down 1.1% on a year-over-year basis. Equities analysts expect that United Parcel Service, Inc. will post 7.64 EPS for the current fiscal year.

United Parcel Service Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 30th. Shareholders of record on Monday, May 13th were paid a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a yield of 5.07%. The ex-dividend date of this dividend was Friday, May 10th. United Parcel Service’s payout ratio is presently 94.49%.

About United Parcel Service

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.