Prosperity Consulting Group LLC lowered its place in United Parcel Service, Inc. (NYSE:UPS – Free Report) by 30.8% within the 2nd quarter, in line with its most up-to-date 13F submitting with the SEC. The agency owned 2,060 shares of the transportation firm’s inventory after promoting 917 shares throughout the interval. Prosperity Consulting Group LLC’s holdings in United Parcel Service had been value $282,000 on the finish of the newest quarter.
A variety of different institutional traders have additionally purchased and offered shares of the enterprise. Cullen Funding Group LTD. grew its holdings in United Parcel Service by 0.7% within the first quarter. Cullen Funding Group LTD. now owns 9,921 shares of the transportation firm’s inventory valued at $1,480,000 after buying an extra 68 shares throughout the interval. Blackston Monetary Advisory Group LLC raised its place in United Parcel Service by 1.4% throughout the second quarter. Blackston Monetary Advisory Group LLC now owns 5,068 shares of the transportation firm’s inventory value $694,000 after buying an extra 69 shares throughout the interval. Versant Capital Administration Inc grew its place in shares of United Parcel Service by 2.2% within the first quarter. Versant Capital Administration Inc now owns 3,212 shares of the transportation firm’s inventory valued at $477,000 after buying an extra 70 shares throughout the interval. Moody Nationwide Financial institution Belief Division elevated its place in shares of United Parcel Service by 0.8% throughout the first quarter. Moody Nationwide Financial institution Belief Division now owns 9,113 shares of the transportation firm’s inventory value $1,354,000 after buying an extra 71 shares within the final quarter. Lastly, Cornerstone Wealth Administration LLC grew its holdings in shares of United Parcel Service by 0.9% throughout the first quarter. Cornerstone Wealth Administration LLC now owns 8,538 shares of the transportation firm’s inventory value $1,269,000 after shopping for an extra 73 shares within the final quarter. Hedge funds and different institutional traders personal 60.26% of the corporate’s inventory.
United Parcel Service Worth Efficiency
UPS inventory opened at $127.24 on Monday. The enterprise’s 50-day shifting common is $130.88 and its two-hundred day shifting common is $139.88. The corporate has a debt-to-equity ratio of 1.18, a present ratio of 1.25 and a fast ratio of 1.25. The agency has a market capitalization of $108.99 billion, a P/E ratio of 18.44, a P/E/G ratio of 1.89 and a beta of 0.99. United Parcel Service, Inc. has a 1 yr low of $123.12 and a 1 yr excessive of $163.82.
United Parcel Service (NYSE:UPS – Get Free Report) final launched its earnings outcomes on Tuesday, July twenty third. The transportation firm reported $1.79 earnings per share for the quarter, lacking analysts’ consensus estimates of $1.99 by ($0.20). United Parcel Service had a return on fairness of 35.27% and a web margin of 5.87%. The agency had income of $21.82 billion for the quarter, in comparison with analysts’ expectations of $22.17 billion. Throughout the identical quarter within the earlier yr, the corporate posted $2.54 earnings per share. The agency’s quarterly income was down 1.1% on a year-over-year foundation. Analysts anticipate that United Parcel Service, Inc. will publish 7.43 earnings per share for the present fiscal yr.
United Parcel Service Dividend Announcement
The corporate additionally lately introduced a quarterly dividend, which was paid on Thursday, September fifth. Traders of file on Monday, August nineteenth had been paid a dividend of $1.63 per share. The ex-dividend date of this dividend was Monday, August nineteenth. This represents a $6.52 dividend on an annualized foundation and a dividend yield of 5.12%. United Parcel Service’s payout ratio is presently 94.49%.
Insider Exercise at United Parcel Service
In different United Parcel Service information, Director William R. Johnson bought 5,000 shares of the agency’s inventory in a transaction on Thursday, July twenty fifth. The inventory was purchased at a mean value of $128.61 per share, with a complete worth of $643,050.00. Following the acquisition, the director now instantly owns 5,160 shares of the corporate’s inventory, valued at $663,627.60. The transaction was disclosed in a doc filed with the Securities & Alternate Fee, which is accessible via this hyperlink. 0.13% of the inventory is presently owned by company insiders.
Analyst Rankings Modifications
UPS has been the topic of quite a lot of latest analysis reviews. Susquehanna reduce their value goal on shares of United Parcel Service from $160.00 to $135.00 and set a “impartial” ranking for the corporate in a report on Wednesday, July twenty fourth. JPMorgan Chase & Co. reduce their value goal on shares of United Parcel Service from $150.00 to $144.00 and set a “impartial” ranking for the corporate in a report on Wednesday, July twenty fourth. Stifel Nicolaus decreased their value goal on United Parcel Service from $170.00 to $151.00 and set a “purchase” ranking on the inventory in a report on Wednesday, July twenty fourth. Oppenheimer reduce their goal value on United Parcel Service from $157.00 to $140.00 and set an “outperform” ranking for the corporate in a analysis word on Wednesday, July twenty fourth. Lastly, Barclays decreased their value goal on United Parcel Service from $145.00 to $120.00 and set an “equal weight” ranking on the inventory in a analysis word on Wednesday, July twenty fourth. One funding analyst has rated the inventory with a promote ranking, eleven have assigned a maintain ranking, eight have assigned a purchase ranking and two have assigned a robust purchase ranking to the inventory. Primarily based on knowledge from MarketBeat, the inventory presently has a mean ranking of “Reasonable Purchase” and a mean value goal of $149.68.
View Our Newest Inventory Evaluation on United Parcel Service
About United Parcel Service
United Parcel Service, Inc, a package deal supply firm, offers transportation and supply, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance coverage providers. It operates via two segments, U.S. Home Package deal and Worldwide Package deal. The U.S. Home Package deal section presents time-definite supply of categorical letters, paperwork, small packages, and palletized freight via air and floor providers in the US.
See Additionally
Obtain Information & Rankings for United Parcel Service Every day – Enter your e-mail handle beneath to obtain a concise day by day abstract of the newest information and analysts’ rankings for United Parcel Service and associated corporations with MarketBeat.com’s FREE day by day e-mail e-newsletter.
