Asset Dedication LLC raised its holdings in shares of United Parcel Service, Inc. (NYSE:UPS – Free Report) by 16.1% within the second quarter, in keeping with the corporate in its most up-to-date submitting with the Securities & Change Fee. The institutional investor owned 1,141 shares of the transportation firm’s inventory after buying an extra 158 shares throughout the quarter. Asset Dedication LLC’s holdings in United Parcel Service have been price $156,000 on the finish of the newest quarter.
Different hedge funds and different institutional buyers additionally not too long ago purchased and bought shares of the corporate. Chris Bulman Inc purchased a brand new stake in shares of United Parcel Service within the 2nd quarter price about $142,000. Strategic Monetary Ideas LLC acquired a brand new place in United Parcel Service within the second quarter price about $6,531,000. Stonebrook Personal Inc. elevated its holdings in United Parcel Service by 25.8% within the second quarter. Stonebrook Personal Inc. now owns 3,609 shares of the transportation firm’s inventory valued at $494,000 after shopping for an extra 741 shares over the past quarter. Letko Brosseau & Associates Inc. raised its stake in United Parcel Service by 0.6% throughout the second quarter. Letko Brosseau & Associates Inc. now owns 213,777 shares of the transportation firm’s inventory valued at $29,255,000 after shopping for an extra 1,222 shares within the final quarter. Lastly, Loudon Funding Administration LLC lifted its holdings in United Parcel Service by 15.2% throughout the 2nd quarter. Loudon Funding Administration LLC now owns 12,905 shares of the transportation firm’s inventory price $1,766,000 after shopping for an extra 1,700 shares over the past quarter. 60.26% of the inventory is at the moment owned by hedge funds and different institutional buyers.
Analyst Rankings Modifications
A lot of equities analysis analysts have not too long ago weighed in on UPS shares. Susquehanna lowered their worth goal on United Parcel Service from $160.00 to $135.00 and set a “impartial” score for the corporate in a report on Wednesday, July twenty fourth. Financial institution of America lowered their goal worth on shares of United Parcel Service from $160.00 to $158.00 and set a “impartial” score for the corporate in a analysis be aware on Monday, July twenty second. Barclays diminished their worth goal on shares of 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. TD Cowen started protection on shares of United Parcel Service in a analysis report on Thursday, August twenty second. They set a “maintain” score and a $144.00 worth goal for the corporate. Lastly, Evercore ISI reduce their goal worth on shares of United Parcel Service from $157.00 to $145.00 and set an “in-line” score on the inventory in a report on Monday, June twenty fourth. One analysis analyst has rated the inventory with a promote score, eleven have issued a maintain score, 9 have given a purchase score and two have given a powerful purchase score to the corporate’s inventory. Primarily based on information from MarketBeat.com, the corporate has a consensus score of “Reasonable Purchase” and a median goal worth of $151.20.
View Our Newest Evaluation on UPS
Insider Exercise at United Parcel Service
In different information, Director William R. Johnson acquired 5,000 shares of the agency’s inventory in a transaction that occurred on Thursday, July twenty fifth. The inventory was bought at a median worth of $128.61 per share, with a complete worth of $643,050.00. Following the acquisition, the director now owns 5,160 shares of the corporate’s inventory, valued at roughly $663,627.60. The acquisition was disclosed in a authorized submitting with the SEC, which is accessible by way of this hyperlink. 0.13% of the inventory is owned by insiders.
United Parcel Service Inventory Efficiency
UPS opened at $128.88 on Tuesday. The corporate has a fast ratio of 1.25, a present ratio of 1.25 and a debt-to-equity ratio of 1.18. The agency has a market cap of $110.40 billion, a PE ratio of 18.68, a P/E/G ratio of 1.88 and a beta of 0.99. The enterprise has a fifty day easy shifting common of $131.45 and a 200-day easy shifting common of $140.43. United Parcel Service, Inc. has a fifty-two week low of $123.12 and a fifty-two week excessive of $163.82.
United Parcel Service (NYSE:UPS – Get Free Report) final launched its quarterly 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). The corporate had income of $21.82 billion throughout the quarter, in comparison with analyst estimates of $22.17 billion. United Parcel Service had a internet margin of 5.87% and a return on fairness of 35.27%. The corporate’s income for the quarter was down 1.1% in comparison with the identical quarter final yr. Throughout the identical quarter final yr, the enterprise earned $2.54 EPS. As a bunch, equities analysts predict that United Parcel Service, Inc. will publish 7.43 EPS for the present fiscal yr.
United Parcel Service Dividend Announcement
The corporate additionally not too long ago 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. 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 5.06%. United Parcel Service’s dividend payout ratio is at the moment 94.49%.
United Parcel Service Profile
United Parcel Service, Inc, a package deal supply firm, supplies transportation and supply, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance coverage companies. It operates by way of two segments, U.S. Home Bundle and Worldwide Bundle. The U.S. Home Bundle section provides time-definite supply of specific letters, paperwork, small packages, and palletized freight by way of air and floor companies in the US.
Featured Tales
Obtain Information & Rankings for United Parcel Service Every day – Enter your e-mail tackle beneath to obtain a concise each day abstract of the most recent information and analysts’ scores for United Parcel Service and associated corporations with MarketBeat.com’s FREE each day e-mail e-newsletter.