Montag A & Associates Inc. raised its stake in shares of United Parcel Service, Inc. (NYSE:UPS – Free Report) by 0.9% in the course of the second quarter, in keeping with its most up-to-date 13F submitting with the Securities and Alternate Fee. The institutional investor owned 11,727 shares of the transportation firm’s inventory after buying an extra 99 shares in the course of the quarter. Montag A & Associates Inc.’s holdings in United Parcel Service had been value $1,605,000 on the finish of the latest reporting interval.
Various different hedge funds and different institutional traders have additionally made modifications to their positions in UPS. Northwest Monetary Advisors bought a brand new stake in shares of United Parcel Service within the 4th quarter valued at $28,000. Pineridge Advisors LLC acquired a brand new stake in United Parcel Service in the course of the 4th quarter value about $31,000. Safety Nationwide Financial institution bought a brand new place in shares of United Parcel Service in the course of the 4th quarter valued at about $31,000. TruNorth Capital Administration LLC acquired a brand new place in shares of United Parcel Service within the 2nd quarter valued at about $28,000. Lastly, Stephens Consulting LLC boosted its stake in shares of United Parcel Service by 869.6% within the first quarter. Stephens Consulting LLC now owns 223 shares of the transportation firm’s inventory value $33,000 after shopping for an extra 200 shares over the last quarter. Hedge funds and different institutional traders personal 60.26% of the corporate’s inventory.
Insiders Place Their Bets
In different information, Director William R. Johnson bought 5,000 shares of the corporate’s inventory in a transaction dated Thursday, July twenty fifth. The inventory was acquired at a mean value of $128.61 per share, with a complete worth of $643,050.00. Following the acquisition, the director now straight owns 5,160 shares within the firm, valued at roughly $663,627.60. The acquisition was disclosed in a doc filed with the SEC, which is offered at this hyperlink. Company insiders personal 0.13% of the corporate’s inventory.
Analyst Rankings Modifications
A number of equities analysis analysts have commented on UPS shares. Barclays lowered their value goal on United Parcel Service from $145.00 to $120.00 and set an “equal weight” score on the inventory in a analysis report on Wednesday, July twenty fourth. Oppenheimer lowered their value goal on shares of United Parcel Service from $157.00 to $140.00 and set an “outperform” score on the inventory in a report on Wednesday, July twenty fourth. Financial institution of America lower their value goal on shares of United Parcel Service from $160.00 to $158.00 and set a “impartial” score for the corporate in a report on Monday, July twenty second. TD Cowen initiated protection on shares of United Parcel Service in a analysis be aware on Thursday, August twenty second. They set a “maintain” score and a $144.00 goal value on the inventory. Lastly, Susquehanna lower their value goal on United Parcel Service from $160.00 to $135.00 and set a “impartial” score for the corporate in a analysis be aware on Wednesday, July twenty fourth. One funding analyst has rated the inventory with a promote score, eleven have given a maintain score, 9 have issued a purchase score and two have issued a powerful purchase score to the inventory. Based mostly on knowledge from MarketBeat, the corporate presently has a mean score of “Average Purchase” and a consensus value goal of $151.20.
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United Parcel Service Inventory Efficiency
UPS opened at $128.55 on Monday. United Parcel Service, Inc. has a twelve month low of $123.12 and a twelve month excessive of $172.75. The agency has a market capitalization of $110.11 billion, a PE ratio of 18.63, a PEG ratio of 1.89 and a beta of 0.98. The corporate has a present ratio of 1.25, a fast ratio of 1.25 and a debt-to-equity ratio of 1.18. The agency’s 50-day transferring common value is $132.47 and its 200 day transferring common value is $141.28.
United Parcel Service (NYSE:UPS – Get Free Report) final issued its earnings outcomes on Tuesday, July twenty third. The transportation firm reported $1.79 earnings per share for the quarter, lacking the consensus estimate of $1.99 by ($0.20). The corporate had income of $21.82 billion for the quarter, in comparison with analyst estimates of $22.17 billion. United Parcel Service had a return on fairness of 35.27% and a internet margin of 5.87%. The corporate’s income for the quarter was down 1.1% on a year-over-year foundation. Throughout the identical quarter within the prior yr, the agency earned $2.54 earnings per share. As a bunch, sell-side analysts count on that United Parcel Service, Inc. will publish 7.43 EPS for the present fiscal yr.
United Parcel Service Broadcasts Dividend
The enterprise additionally not too long ago introduced a quarterly dividend, which will probably be paid on Thursday, September fifth. Shareholders of document on Monday, August nineteenth will probably be issued a $1.63 dividend. This represents a $6.52 annualized dividend and a yield of 5.07%. The ex-dividend date is Monday, August nineteenth. United Parcel Service’s payout ratio is at present 94.49%.
About United Parcel Service
United Parcel Service, Inc, a bundle supply firm, supplies transportation and supply, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance coverage providers. It operates by way of two segments, U.S. Home Bundle and Worldwide Bundle. The U.S. Home Bundle phase affords time-definite supply of specific letters, paperwork, small packages, and palletized freight by way of air and floor providers in america.
Additional Studying
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