PSI Advisors LLC Has $184,000 Stock Position in United Parcel Service, Inc. (NYSE:UPS)

PSI Advisors LLC increased its position in United Parcel Service, Inc. (NYSE:UPS) by 484.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,456 shares of the transportation company’s stock after buying an additional 1,207 shares during the period. PSI Advisors LLC’s holdings in United Parcel Service were worth $184,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in UPS. True Wealth Design LLC raised its position in shares of United Parcel Service by 397.7% during 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 period. Princeton Global Asset Management LLC raised its holdings in United Parcel Service by 720.0% during the third quarter. Princeton Global Asset Management LLC now owns 246 shares of the transportation company’s stock worth $34,000 after buying an additional 216 shares during the last quarter. FSA Wealth Management LLC bought a new position in shares of United Parcel Service in the third quarter valued at $36,000. Capital Performance Advisors LLP bought a new position in shares of United Parcel Service in the third quarter valued at $54,000. Finally, Krane Funds Advisors LLC acquired a new position in shares of United Parcel Service during the third quarter valued at about $58,000. 60.26% of the stock is owned by institutional investors.

United Parcel Service Trading Up 1.5 %

Shares of UPS opened at $125.14 on Tuesday. United Parcel Service, Inc. has a fifty-two week low of $121.56 and a fifty-two week high of $161.35. The business has a 50-day moving average of $129.38 and a 200 day moving average of $131.08. The firm has a market cap of $106.79 billion, a P/E ratio of 18.90, a price-to-earnings-growth ratio of 2.11 and a beta of 1.00. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.14 and a current ratio of 1.14.

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 the consensus estimate of $1.63 by $0.13. The company had revenue of $22.20 billion for the quarter, compared to analyst estimates of $22.10 billion. United Parcel Service had a net margin of 6.25% and a return on equity of 37.38%. The company’s quarterly revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.57 earnings per share. As a group, research analysts forecast that United Parcel Service, Inc. will post 7.48 EPS for the current year.

United Parcel Service Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, November 18th were given a dividend of $1.63 per share. The ex-dividend date of this dividend was Monday, November 18th. This represents a $6.52 annualized dividend and a dividend yield of 5.21%. United Parcel Service’s dividend payout ratio is currently 98.49%.

Insider Activity

In other news, insider Norman M. Brothers, Jr. sold 7,325 shares of the firm’s 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 transaction, the insider now directly owns 45,098 shares in the company, valued at approximately $6,249,229.86. This trade represents a 13.97 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.13% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

UPS has been the topic of several recent research reports. Stifel Nicolaus raised their price target on shares of United Parcel Service from $151.00 to $156.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Barclays reaffirmed an “underweight” rating and set a $120.00 target price on shares of United Parcel Service in a research report on Monday, October 21st. The Goldman Sachs Group lowered their price target on United Parcel Service from $165.00 to $162.00 and set a “buy” rating for the company in a research report on Wednesday, October 9th. Wells Fargo & Company cut their price objective on shares of United Parcel Service from $155.00 to $150.00 and set an “overweight” rating on the stock in a report on Tuesday, January 7th. Finally, UBS Group increased their target price 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. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $151.10.

United Parcel Service 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.