Convergence Monetary LLC lessened its holdings in shares of United Parcel Service, Inc. (NYSE:UPS – Free Report) by 41.1% within the third quarter, in accordance with its most up-to-date submitting with the SEC. The agency owned 1,640 shares of the transportation firm’s inventory after promoting 1,145 shares throughout the quarter. Convergence Monetary LLC’s holdings in United Parcel Service had been price $224,000 as of its most up-to-date SEC submitting.
Numerous different institutional traders additionally not too long ago added to or diminished their stakes within the enterprise. 180 Wealth Advisors LLC raised its stake in shares of United Parcel Service by 8.3% within the 1st quarter. 180 Wealth Advisors LLC now owns 1,657 shares of the transportation firm’s inventory price $246,000 after shopping for a further 127 shares within the final quarter. Vicus Capital purchased a brand new stake in shares of United Parcel Service within the 1st quarter price $461,000. Founders Monetary Securities LLC raised its stake in shares of United Parcel Service by 3.9% within the 1st quarter. Founders Monetary Securities LLC now owns 7,297 shares of the transportation firm’s inventory price $1,085,000 after shopping for a further 271 shares within the final quarter. Cornerstone Wealth Group LLC raised its stake in shares of United Parcel Service by 25.5% within the 1st quarter. Cornerstone Wealth Group LLC now owns 3,122 shares of the transportation firm’s inventory price $464,000 after shopping for a further 635 shares within the final quarter. Lastly, Trilogy Capital Inc. raised its stake in shares of United Parcel Service by 9.3% within the 1st quarter. Trilogy Capital Inc. now owns 18,170 shares of the transportation firm’s inventory price $2,701,000 after shopping for a further 1,551 shares within the final quarter. Institutional traders and hedge funds personal 60.26% of the corporate’s inventory.
United Parcel Service Worth Efficiency
Shares of NYSE:UPS opened at $137.43 on Friday. 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 1 12 months low of $123.12 and a 1 12 months excessive of $163.82. The enterprise has a fifty day easy transferring common of $130.89 and a 200 day easy transferring common of $135.98. The agency has a market cap of $117.72 billion, a price-to-earnings ratio of twenty-two.42, a P/E/G ratio of 1.93 and a beta of 0.99.
United Parcel Service (NYSE:UPS – Get Free Report) final introduced its quarterly earnings knowledge on Thursday, October twenty fourth. The transportation firm reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.65 by $0.11. United Parcel Service had a return on fairness of 35.27% and a web margin of 5.87%. The enterprise had income of $22.20 billion throughout the quarter, in comparison with analyst estimates of $22.10 billion. Throughout the identical interval final 12 months, the corporate earned $1.57 earnings per share. United Parcel Service’s quarterly income was up 5.4% in comparison with the identical quarter final 12 months. As a bunch, sell-side analysts predict that United Parcel Service, Inc. will put up 7.44 earnings per share for the present fiscal 12 months.
United Parcel Service Declares Dividend
The enterprise additionally not too long ago introduced a quarterly dividend, which was paid on Thursday, September fifth. Shareholders of document on Monday, August nineteenth had 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 annualized dividend and a yield of 4.74%. United Parcel Service’s dividend payout ratio (DPR) is presently 106.36%.
Wall Avenue Analysts Forecast Progress
UPS has been the subject of quite a few analysis experiences. Financial institution of America boosted their value goal on United Parcel Service from $132.00 to $150.00 and gave the inventory a “impartial” score in a analysis observe on Friday. The Goldman Sachs Group minimize their goal value on United Parcel Service from $165.00 to $162.00 and set a “purchase” score on the inventory in a analysis report on Wednesday, October ninth. Susquehanna elevated their value goal on United Parcel Service from $135.00 to $140.00 and gave the corporate a “impartial” score in a analysis report on Friday. Evercore ISI boosted their value goal on United Parcel Service from $138.00 to $141.00 and gave the inventory an “in-line” score in a report on Tuesday, October twenty second. Lastly, TD Cowen started protection on shares of United Parcel Service in a report on Thursday, August twenty second. They issued a “maintain” score and a $144.00 goal value for the corporate. Two analysis analysts have rated the inventory with a promote score, 9 have assigned a maintain score, ten have given a purchase score and two have assigned a powerful purchase score to the corporate. Based on knowledge from MarketBeat, United Parcel Service presently has a mean score of “Average Purchase” and a consensus value goal of $151.43.
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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 Package deal and Worldwide Package deal. The U.S. Home Package deal phase presents time-definite supply of specific letters, paperwork, small packages, and palletized freight by way of air and floor companies in the USA.
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