Intech Investment Management LLC lessened its holdings in shares of United Parcel Service, Inc. (NYSE:UPS – Free Report) by 8.4% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 36,643 shares of the transportation company’s stock after selling 3,375 shares during the quarter. Intech Investment Management LLC’s holdings in United Parcel Service were worth $5,015,000 as of its most recent filing with the SEC.
Other hedge funds have also recently bought and sold shares of the company. United Services Automobile Association raised its stake in shares of United Parcel Service by 235.3% in the 4th quarter. United Services Automobile Association now owns 237,333 shares of the transportation company’s stock valued at $37,316,000 after acquiring an additional 166,557 shares during the period. Natixis acquired a new position in shares of United Parcel Service during the first quarter worth about $121,000. Financial Partners Group LLC lifted its stake in shares of United Parcel Service by 23.9% during the second quarter. Financial Partners Group LLC now owns 26,319 shares of the transportation company’s stock worth $3,602,000 after purchasing an additional 5,069 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in shares of United Parcel Service by 12.3% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 59,567 shares of the transportation company’s stock valued at $8,853,000 after buying an additional 6,502 shares in the last quarter. Finally, Nvwm LLC raised its holdings in shares of United Parcel Service by 3.7% during the 1st quarter. Nvwm LLC now owns 2,685 shares of the transportation company’s stock valued at $399,000 after buying an additional 96 shares during the period. Hedge funds and other institutional investors own 60.26% of the company’s stock.
Insider Activity at United Parcel Service
In other news, Director William R. Johnson bought 5,000 shares of the firm’s stock in a transaction on Thursday, July 25th. The stock was purchased at an average price of $128.61 per share, for a total transaction of $643,050.00. Following the transaction, the director now owns 5,160 shares in the company, valued at $663,627.60. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.13% of the stock is currently owned by insiders.
Analyst Upgrades and Downgrades
View Our Latest Report on United Parcel Service
United Parcel Service Price Performance
UPS opened at $128.60 on Friday. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 1.18. The company’s 50-day moving average price is $130.18 and its 200 day moving average price is $139.28. United Parcel Service, Inc. has a fifty-two week low of $123.12 and a fifty-two week high of $163.82. The firm has a market cap of $110.02 billion, a price-to-earnings ratio of 18.64, a price-to-earnings-growth ratio of 1.90 and a beta of 0.99.
United Parcel Service (NYSE:UPS – Get Free Report) last announced its quarterly earnings results on Tuesday, July 23rd. The transportation company reported $1.79 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.99 by ($0.20). United Parcel Service had a return on equity of 35.27% and a net margin of 5.87%. The company had revenue of $21.82 billion during the quarter, compared to the consensus estimate of $22.17 billion. During the same period last year, the business posted $2.54 EPS. The company’s revenue for the quarter was down 1.1% on a year-over-year basis. As a group, sell-side analysts expect that United Parcel Service, Inc. will post 7.43 earnings per share for the current year.
United Parcel Service Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 5th. Investors of record on Monday, August 19th were issued a $1.63 dividend. The ex-dividend date of this dividend was Monday, August 19th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 5.07%. United Parcel Service’s dividend payout ratio (DPR) is presently 94.49%.
United Parcel Service Company Profile
United Parcel Service, Inc, a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States.
Featured Articles
- Five stocks we like better than United Parcel Service
- Stock Market Sectors: What Are They and How Many Are There?
- Take Advantage of Village Farms Stock as Cannabis Market Evolves
- Top Stocks Investing in 5G Technology
- MarketBeat Week in Review – 9/16 – 9/20
- Using the MarketBeat Dividend Yield Calculator
- Don’t Miss These 3 Retail Stocks for Fall Gains
Want to see what other hedge funds are holding UPS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United Parcel Service, Inc. (NYSE:UPS – Free Report).
Receive News & Ratings for United Parcel Service Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Parcel Service and related companies with MarketBeat.com's FREE daily email newsletter.