HBW Advisory Services LLC Has $232,000 Stock Position in United Parcel Service, Inc. (NYSE:UPS)

HBW Advisory Services LLC reduced its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 10.9% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,696 shares of the transportation company’s stock after selling 207 shares during the quarter. HBW Advisory Services LLC’s holdings in United Parcel Service were worth $232,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. SteelPeak Wealth LLC increased its holdings in shares of United Parcel Service by 20.6% during the 4th quarter. SteelPeak Wealth LLC now owns 2,581 shares of the transportation company’s stock worth $406,000 after acquiring an additional 440 shares during the last quarter. Prime Capital Investment Advisors LLC increased its holdings in shares of United Parcel Service by 3.2% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 20,389 shares of the transportation company’s stock valued at $3,206,000 after purchasing an additional 629 shares during the last quarter. Stratos Wealth Partners LTD. raised its position in shares of United Parcel Service by 2.4% in the fourth quarter. Stratos Wealth Partners LTD. now owns 45,016 shares of the transportation company’s stock valued at $7,078,000 after purchasing an additional 1,065 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its position in shares of United Parcel Service by 6.2% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 242,808 shares of the transportation company’s stock valued at $38,177,000 after purchasing an additional 14,084 shares during the period. Finally, Pavion Blue Capital LLC lifted its stake in shares of United Parcel Service by 2.4% during the 4th quarter. Pavion Blue Capital LLC now owns 22,459 shares of the transportation company’s stock worth $3,531,000 after buying an additional 531 shares during the last quarter. 60.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director William R. Johnson purchased 5,000 shares of the business’s stock in a transaction on Thursday, July 25th. The shares were acquired at an average price of $128.61 per share, for a total transaction of $643,050.00. Following the completion of the acquisition, the director now owns 5,160 shares in the company, valued at $663,627.60. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.13% of the stock is currently owned by insiders.

United Parcel Service Trading Down 1.2 %

Shares of NYSE UPS traded down $1.52 during trading on Tuesday, reaching $124.50. The company had a trading volume of 5,549,945 shares, compared to its average volume of 4,287,482. The stock has a market cap of $106.52 billion, a P/E ratio of 18.27, a PEG ratio of 1.77 and a beta of 0.98. The company’s fifty day moving average price is $136.03 and its 200-day moving average price is $144.29. The company has a quick ratio of 1.04, a current ratio of 1.25 and a debt-to-equity ratio of 1.18. United Parcel Service, Inc. has a 12 month low of $124.42 and a 12 month high of $184.33.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings results on Tuesday, July 23rd. The transportation company reported $1.79 earnings per share for the quarter, missing analysts’ consensus estimates 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 analyst estimates of $22.17 billion. During the same quarter in the previous year, the business posted $2.54 earnings per share. The business’s revenue was down 1.1% on a year-over-year basis. As a group, research analysts expect that United Parcel Service, Inc. will post 7.64 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on UPS. BMO Capital Markets decreased their target price on United Parcel Service from $169.00 to $155.00 and set a “market perform” rating on the stock in a research report on Wednesday, July 24th. Bank of America reduced their price objective on shares of United Parcel Service from $160.00 to $158.00 and set a “neutral” rating on the stock in a research note on Monday, July 22nd. Baird R W upgraded shares of United Parcel Service to a “strong-buy” rating in a research report on Wednesday, July 24th. Oppenheimer reduced their price target on shares of United Parcel Service from $157.00 to $140.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 24th. Finally, Robert W. Baird lowered their price objective on shares of United Parcel Service from $170.00 to $160.00 and set an “outperform” rating for the company in a research report on Wednesday, July 24th. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, United Parcel Service presently has a consensus rating of “Hold” and a consensus target price of $154.95.

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.