Signaturefd LLC Sells 202 Shares of United Parcel Service, Inc. (NYSE:UPS)

Signaturefd LLC lowered its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 0.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 43,744 shares of the transportation company’s stock after selling 202 shares during the period. Signaturefd LLC’s holdings in United Parcel Service were worth $5,516,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. IMG Wealth Management Inc. acquired a new position in shares of United Parcel Service in the fourth quarter valued at approximately $25,000. True Wealth Design LLC grew its holdings in United Parcel Service by 397.7% during the 3rd quarter. True Wealth Design LLC now owns 214 shares of the transportation company’s stock worth $29,000 after acquiring an additional 171 shares during the last quarter. IFS Advisors LLC increased its position in United Parcel Service by 232.3% in the 4th quarter. IFS Advisors LLC now owns 216 shares of the transportation company’s stock valued at $27,000 after acquiring an additional 151 shares during the period. FSA Wealth Management LLC bought a new position in shares of United Parcel Service during the third quarter valued at $36,000. Finally, Whipplewood Advisors LLC bought a new stake in shares of United Parcel Service in the fourth quarter worth $34,000. Institutional investors and hedge funds own 60.26% of the company’s stock.

United Parcel Service Price Performance

UPS opened at $116.90 on Monday. The company has a current ratio of 1.17, a quick ratio of 1.14 and a debt-to-equity ratio of 1.16. The stock has a market capitalization of $99.85 billion, a P/E ratio of 17.29, a PEG ratio of 1.55 and a beta of 0.94. The stock has a 50-day moving average price of $120.91 and a 200-day moving average price of $127.38. United Parcel Service, Inc. has a 12-month low of $109.40 and a 12-month high of $158.95.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings results on Thursday, January 30th. The transportation company reported $2.75 EPS for the quarter, topping the consensus estimate of $2.52 by $0.23. United Parcel Service had a net margin of 6.35% and a return on equity of 39.13%. During the same quarter in the prior year, the firm earned $2.47 EPS. Equities analysts predict that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.

United Parcel Service Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Tuesday, February 18th were given a $1.64 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $6.56 annualized dividend and a yield of 5.61%. This is an increase from United Parcel Service’s previous quarterly dividend of $1.63. United Parcel Service’s payout ratio is presently 97.04%.

Analysts Set New Price Targets

Several brokerages have commented on UPS. Morgan Stanley cut their target price on United Parcel Service from $100.00 to $82.00 and set an “underweight” rating on the stock in a report on Friday, January 31st. Evercore ISI lifted their price objective on United Parcel Service from $141.00 to $147.00 and gave the stock an “in-line” rating in a research note on Wednesday, January 22nd. Raymond James decreased their target price on shares of United Parcel Service from $155.00 to $145.00 and set a “strong-buy” rating for the company in a research report on Friday, January 31st. Truist Financial began coverage on shares of United Parcel Service in a research report on Thursday. They issued a “buy” rating and a $140.00 price target on the stock. Finally, The Goldman Sachs Group lowered their target price on shares of United Parcel Service from $166.00 to $147.00 and set a “buy” rating for the company in a research note on Friday, January 31st. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, United Parcel Service has an average rating of “Moderate Buy” and an average target price of $138.09.

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.