United Parcel Service, Inc. (NYSE:UPS) Shares Acquired by Teamwork Financial Advisors LLC

Teamwork Financial Advisors LLC lifted its stake in United Parcel Service, Inc. (NYSE:UPS) by 56.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 9,790 shares of the transportation company’s stock after purchasing an additional 3,520 shares during the quarter. Teamwork Financial Advisors LLC’s holdings in United Parcel Service were worth $1,235,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of UPS. IFS Advisors LLC raised its stake in United Parcel Service by 232.3% in the 4th quarter. IFS Advisors LLC now owns 216 shares of the transportation company’s stock worth $27,000 after acquiring an additional 151 shares during the last quarter. True Wealth Design LLC raised its stake in shares of United Parcel Service by 397.7% in the third quarter. True Wealth Design LLC now owns 214 shares of the transportation company’s stock worth $29,000 after purchasing an additional 171 shares during the last quarter. PSI Advisors LLC lifted its holdings in shares of United Parcel Service by 408.2% during the third quarter. PSI Advisors LLC now owns 249 shares of the transportation company’s stock worth $34,000 after purchasing an additional 200 shares during the period. Princeton Global Asset Management LLC boosted its position in United Parcel Service by 720.0% in the third quarter. Princeton Global Asset Management LLC now owns 246 shares of the transportation company’s stock valued at $34,000 after buying an additional 216 shares during the last quarter. Finally, FSA Wealth Management LLC acquired a new position in United Parcel Service in the 3rd quarter worth approximately $36,000. 60.26% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Norman M. Brothers, Jr. sold 7,325 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $138.57, for a total value of $1,015,025.25. Following the completion of the sale, the insider now owns 45,098 shares of the company’s stock, valued at $6,249,229.86. This represents a 13.97 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.13% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. UBS Group upped their price objective on shares of United Parcel Service from $159.00 to $170.00 and gave the company a “buy” rating in a report on Friday, October 25th. Wolfe Research raised United Parcel Service from a “peer perform” rating to an “outperform” rating and set a $147.00 price target on the stock in a research report on Wednesday, January 8th. Citigroup decreased their price objective on United Parcel Service from $163.00 to $158.00 and set a “buy” rating for the company in a report on Tuesday, November 12th. Stifel Nicolaus raised their target price on United Parcel Service from $151.00 to $156.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Finally, Wells Fargo & Company decreased their price target on United Parcel Service from $155.00 to $150.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $151.38.

United Parcel Service Stock Down 0.2 %

Shares of NYSE UPS opened at $132.59 on Thursday. The stock has a market cap of $113.15 billion, a PE ratio of 20.03, a P/E/G ratio of 1.87 and a beta of 1.00. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.20. United Parcel Service, Inc. has a 12-month low of $121.56 and a 12-month high of $161.35. The company has a 50-day moving average of $128.95 and a 200 day moving average of $130.82.

United Parcel Service (NYSE:UPS) last posted its quarterly 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 return on equity of 37.38% and a net margin of 6.25%. The business had revenue of $22.20 billion during the quarter, compared to analyst estimates of $22.10 billion. During the same period in the prior year, the business earned $1.57 earnings per share. The business’s revenue was up 5.4% compared to the same quarter last year. As a group, sell-side analysts predict that United Parcel Service, Inc. will post 7.49 EPS for the current fiscal year.

United Parcel Service Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, November 18th were issued a $1.63 dividend. This represents a $6.52 annualized dividend and a yield of 4.92%. The ex-dividend date was Monday, November 18th. United Parcel Service’s payout ratio is currently 98.49%.

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.