Thompson Siegel & Walmsley LLC Sells 156 Shares of United Parcel Service, Inc. (NYSE:UPS)

Thompson Siegel & Walmsley LLC reduced its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 0.2% in the second quarter, according to its most recent filing with the SEC. The fund owned 76,461 shares of the transportation company’s stock after selling 156 shares during the quarter. Thompson Siegel & Walmsley LLC’s holdings in United Parcel Service were worth $10,464,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of UPS. Pineridge Advisors LLC bought a new position in United Parcel Service during the fourth quarter valued at $31,000. Security National Bank purchased a new stake in shares of United Parcel Service during the 4th quarter valued at about $31,000. TruNorth Capital Management LLC bought a new position in shares of United Parcel Service in the 2nd quarter valued at about $28,000. Stephens Consulting LLC increased its stake in United Parcel Service by 869.6% during the first quarter. Stephens Consulting LLC now owns 223 shares of the transportation company’s stock worth $33,000 after acquiring an additional 200 shares during the last quarter. Finally, Riverview Trust Co purchased a new stake in United Parcel Service during the second quarter valued at approximately $32,000. 60.26% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at United Parcel Service

In other news, Director William R. Johnson acquired 5,000 shares of United Parcel Service stock in a transaction that occurred on Thursday, July 25th. The stock was purchased at an average price of $128.61 per share, for a total transaction of $643,050.00. Following the purchase, the director now directly owns 5,160 shares in the company, valued at approximately $663,627.60. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.13% of the company’s stock.

United Parcel Service Trading Down 0.9 %

NYSE UPS opened at $127.24 on Monday. The company’s 50-day simple moving average is $130.88 and its two-hundred day simple moving average is $139.88. United Parcel Service, Inc. has a one year low of $123.12 and a one year high of $163.82. The company has a market capitalization of $108.99 billion, a price-to-earnings ratio of 18.44, a price-to-earnings-growth ratio of 1.89 and a beta of 0.99. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.25 and a current ratio of 1.25.

United Parcel Service (NYSE:UPS) last announced its earnings results on Tuesday, July 23rd. The transportation company reported $1.79 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.99 by ($0.20). The company had revenue of $21.82 billion for the quarter, compared to the consensus estimate of $22.17 billion. United Parcel Service had a net margin of 5.87% and a return on equity of 35.27%. The firm’s revenue was down 1.1% compared to the same quarter last year. During the same period last year, the business posted $2.54 EPS. Equities analysts forecast that United Parcel Service, Inc. will post 7.43 EPS for the current fiscal year.

United Parcel Service Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 5th. Shareholders of record on Monday, August 19th were issued a $1.63 dividend. The ex-dividend date of this dividend was Monday, August 19th. This represents a $6.52 dividend on an annualized basis and a yield of 5.12%. United Parcel Service’s dividend payout ratio is presently 94.49%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on UPS. BMO Capital Markets cut 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. Baird R W upgraded shares of United Parcel Service to a “strong-buy” rating in a research report on Wednesday, July 24th. Susquehanna lowered their target price on shares of United Parcel Service from $160.00 to $135.00 and set a “neutral” rating for the company in a report on Wednesday, July 24th. Oppenheimer dropped their price target on shares of United Parcel Service from $157.00 to $140.00 and set an “outperform” rating for the company in a research note on Wednesday, July 24th. Finally, Stephens reduced their price objective on shares of United Parcel Service from $168.00 to $140.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 24th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $149.68.

United Parcel Service Company Profile

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.