United Parcel Service, Inc. (NYSE:UPS) Stock Position Decreased by Voisard Asset Management Group Inc.

Voisard Asset Management Group Inc. decreased its position in United Parcel Service, Inc. (NYSE:UPS) by 18.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 462 shares of the transportation company’s stock after selling 104 shares during the period. Voisard Asset Management Group Inc.’s holdings in United Parcel Service were worth $63,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of UPS. TruNorth Capital Management LLC bought a new position in United Parcel Service in the 2nd quarter worth about $28,000. Riverview Trust Co bought a new position in United Parcel Service in the 2nd quarter worth about $32,000. Centerpoint Advisors LLC boosted its holdings in shares of United Parcel Service by 291.7% in the second quarter. Centerpoint Advisors LLC now owns 235 shares of the transportation company’s stock valued at $32,000 after acquiring an additional 175 shares in the last quarter. Tortoise Investment Management LLC boosted its holdings in shares of United Parcel Service by 168.5% in the second quarter. Tortoise Investment Management LLC now owns 247 shares of the transportation company’s stock valued at $34,000 after acquiring an additional 155 shares in the last quarter. Finally, PSI Advisors LLC boosted its holdings in shares of United Parcel Service by 408.2% in the third quarter. PSI Advisors LLC now owns 249 shares of the transportation company’s stock valued at $34,000 after acquiring an additional 200 shares in the last quarter. Institutional investors own 60.26% of the company’s stock.

United Parcel Service Stock Performance

NYSE:UPS opened at $133.79 on Thursday. United Parcel Service, Inc. has a 1 year low of $123.12 and a 1 year high of $163.82. The firm’s fifty day simple moving average is $131.24 and its 200 day simple moving average is $135.72. The company has a current ratio of 1.14, a quick ratio of 1.25 and a debt-to-equity ratio of 1.20. The firm has a market capitalization of $114.60 billion, a PE ratio of 20.21, a PEG ratio of 2.03 and a beta of 0.99.

United Parcel Service (NYSE:UPS) last posted its earnings results on Thursday, October 24th. The transportation company reported $1.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.63 by $0.13. United Parcel Service had a net margin of 6.25% and a return on equity of 37.38%. The business had revenue of $22.20 billion for the quarter, compared to analyst estimates of $22.10 billion. During the same period last year, the business posted $1.57 EPS. United Parcel Service’s revenue was up 5.4% compared to the same quarter last year. On average, sell-side analysts anticipate that United Parcel Service, Inc. will post 7.41 EPS for the current year.

United Parcel Service Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 5th. Shareholders of record on Monday, August 19th were issued a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a yield of 4.87%. The ex-dividend date was Monday, August 19th. United Parcel Service’s dividend payout ratio (DPR) is presently 98.49%.

Analyst Upgrades and Downgrades

UPS has been the subject of several recent analyst reports. JPMorgan Chase & Co. decreased their price objective on shares of United Parcel Service from $140.00 to $139.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Stephens cut their target price on shares of United Parcel Service from $168.00 to $140.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 24th. Susquehanna increased their target price on shares of United Parcel Service from $135.00 to $140.00 and gave the company a “neutral” rating in a research note on Friday, October 25th. StockNews.com raised shares of United Parcel Service from a “hold” rating to a “buy” rating in a research note on Monday. Finally, Robert W. Baird cut their target price on shares of United Parcel Service from $170.00 to $160.00 and set an “outperform” rating for the company in a research note on Wednesday, July 24th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating, eleven 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 a consensus rating of “Moderate Buy” and a consensus price target of $151.71.

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.