Parkside Monetary Financial institution & Belief lessened its holdings in United Parcel Service, Inc. (NYSE:UPS – Free Report) by 18.3% throughout the second quarter, in line with the corporate in its most up-to-date 13F submitting with the Securities & Trade Fee. The agency owned 3,080 shares of the transportation firm’s inventory after promoting 688 shares throughout the quarter. Parkside Monetary Financial institution & Belief’s holdings in United Parcel Service have been value $422,000 as of its most up-to-date submitting with the Securities & Trade Fee.
A number of different hedge funds have additionally added to or decreased their stakes in UPS. Arizona State Retirement System lifted its stake in shares of United Parcel Service by 1.7% within the 2nd quarter. Arizona State Retirement System now owns 211,005 shares of the transportation firm’s inventory valued at $28,876,000 after buying an extra 3,454 shares over the last quarter. Victory Capital Administration Inc. lifted its place in United Parcel Service by 1.3% within the second quarter. Victory Capital Administration Inc. now owns 704,133 shares of the transportation firm’s inventory valued at $96,361,000 after buying an extra 9,379 shares over the last quarter. Columbia Asset Administration lifted its place in United Parcel Service by 29.2% within the second quarter. Columbia Asset Administration now owns 39,655 shares of the transportation firm’s inventory valued at $5,427,000 after buying an extra 8,960 shares over the last quarter. CapWealth Advisors LLC boosted its stake in shares of United Parcel Service by 0.8% throughout the second quarter. CapWealth Advisors LLC now owns 73,231 shares of the transportation firm’s inventory valued at $10,022,000 after buying an extra 570 shares throughout the interval. Lastly, Hamel Associates Inc. grew its holdings in shares of United Parcel Service by 1.4% within the second quarter. Hamel Associates Inc. now owns 57,740 shares of the transportation firm’s inventory value $7,902,000 after buying an extra 776 shares over the last quarter. 60.26% of the inventory is owned by institutional traders.
United Parcel Service Inventory Efficiency
UPS inventory opened at $127.56 on Friday. The inventory’s 50 day easy transferring common is $131.59 and its 200 day easy transferring common is $140.68. The corporate has a present ratio of 1.25, a fast ratio of 1.25 and a debt-to-equity ratio of 1.18. United Parcel Service, Inc. has a 12-month low of $123.12 and a 12-month excessive of $163.82. The inventory has a market capitalization of $109.27 billion, a PE ratio of 18.49, a price-to-earnings-growth ratio of 1.90 and a beta of 0.99.
United Parcel Service (NYSE:UPS – Get Free Report) final introduced its quarterly earnings outcomes on Tuesday, July twenty third. The transportation firm reported $1.79 earnings per share (EPS) for the quarter, lacking analysts’ consensus estimates of $1.99 by ($0.20). United Parcel Service had a web margin of 5.87% and a return on fairness of 35.27%. The enterprise had income of $21.82 billion for the quarter, in comparison with the consensus estimate of $22.17 billion. Throughout the identical interval within the earlier 12 months, the corporate earned $2.54 earnings per share. The corporate’s income for the quarter was down 1.1% in comparison with the identical quarter final 12 months. As a bunch, analysis analysts forecast that United Parcel Service, Inc. will publish 7.43 earnings per share for the present fiscal 12 months.
United Parcel Service Dividend Announcement
The enterprise additionally lately declared a quarterly dividend, which was paid on Thursday, September fifth. Stockholders of document on Monday, August nineteenth have been issued a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized foundation and a dividend yield of 5.11%. The ex-dividend date was Monday, August nineteenth. United Parcel Service’s payout ratio is presently 94.49%.
Insider Exercise
In associated information, Director William R. Johnson acquired 5,000 shares of the agency’s inventory in a transaction dated Thursday, July twenty fifth. The inventory was bought at a median value of $128.61 per share, with a complete worth of $643,050.00. Following the completion of the acquisition, the director now instantly owns 5,160 shares of the corporate’s inventory, valued at $663,627.60. The acquisition was disclosed in a submitting with the Securities & Trade Fee, which is accessible by means of the SEC web site. Insiders personal 0.13% of the corporate’s inventory.
Wall Avenue Analyst Weigh In
Quite a few analysis companies lately commented on UPS. JPMorgan Chase & Co. lowered their value goal on shares of United Parcel Service from $150.00 to $144.00 and set a “impartial” score for the corporate in a report on Wednesday, July twenty fourth. Baird R W upgraded shares of United Parcel Service to a “strong-buy” score in a report on Wednesday, July twenty fourth. Stephens reduce their goal value on United Parcel Service from $168.00 to $140.00 and set an “equal weight” score on the inventory in a analysis observe on Wednesday, July twenty fourth. Robert W. Baird lowered their value goal on United Parcel Service from $170.00 to $160.00 and set an “outperform” score for the corporate in a analysis report on Wednesday, July twenty fourth. Lastly, BMO Capital Markets reduce their value goal on United Parcel Service from $169.00 to $155.00 and set a “market carry out” score on the inventory in a analysis report on Wednesday, July twenty fourth. One equities analysis analyst has rated the inventory with a promote score, eleven have assigned a maintain score, 9 have assigned a purchase score and two have assigned a robust purchase score to the corporate. In line with MarketBeat, the corporate presently has a consensus score of “Reasonable Purchase” and a median goal value of $151.20.
Examine Out Our Newest Analysis Report on United Parcel Service
United Parcel Service Firm Profile
United Parcel Service, Inc, a package deal supply firm, gives transportation and supply, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance coverage companies. It operates by means of two segments, U.S. Home Bundle and Worldwide Bundle. The U.S. Home Bundle section affords time-definite supply of categorical letters, paperwork, small packages, and palletized freight by means of air and floor companies in the USA.
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