United Parcel Service, Inc. (NYSE:UPS) Shares Sold by Level Four Advisory Services LLC

Level Four Advisory Services LLC decreased its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 17.1% during the 4th quarter, Holdings Channel.com reports. The fund owned 42,957 shares of the transportation company’s stock after selling 8,859 shares during the period. Level Four Advisory Services LLC’s holdings in United Parcel Service were worth $5,417,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of UPS. Pacific Sage Partners LLC lifted its holdings in shares of United Parcel Service by 4.8% in the 4th quarter. Pacific Sage Partners LLC now owns 1,677 shares of the transportation company’s stock worth $212,000 after purchasing an additional 77 shares during the last quarter. Quent Capital LLC increased its position in United Parcel Service by 16.7% in the fourth quarter. Quent Capital LLC now owns 558 shares of the transportation company’s stock worth $70,000 after buying an additional 80 shares during the period. Gleason Group Inc. lifted its stake in United Parcel Service by 1.3% in the fourth quarter. Gleason Group Inc. now owns 6,660 shares of the transportation company’s stock valued at $840,000 after buying an additional 84 shares during the last quarter. Dunhill Financial LLC boosted its holdings in shares of United Parcel Service by 4.9% during the third quarter. Dunhill Financial LLC now owns 1,831 shares of the transportation company’s stock valued at $250,000 after acquiring an additional 86 shares during the period. Finally, Weaver Consulting Group grew its position in shares of United Parcel Service by 3.0% during the third quarter. Weaver Consulting Group now owns 3,053 shares of the transportation company’s stock worth $416,000 after acquiring an additional 89 shares during the last quarter. Institutional investors own 60.26% of the company’s stock.

Wall Street Analysts Forecast Growth

UPS has been the topic of several recent research reports. Susquehanna cut their price objective on shares of United Parcel Service from $140.00 to $130.00 and set a “neutral” rating on the stock in a research report on Friday, January 31st. Raymond James decreased their price objective on United Parcel Service from $155.00 to $145.00 and set a “strong-buy” rating for the company in a report on Friday, January 31st. Morgan Stanley lowered their target price on United Parcel Service from $100.00 to $82.00 and set an “underweight” rating on the stock in a research report on Friday, January 31st. UBS Group decreased their price target on United Parcel Service from $170.00 to $141.00 and set a “buy” rating for the company in a research note on Friday, January 31st. Finally, Truist Financial initiated coverage on shares of United Parcel Service in a report on Thursday, March 13th. They issued a “buy” rating and a $140.00 price objective for the company. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $137.57.

United Parcel Service Trading Down 1.2 %

NYSE UPS opened at $109.66 on Friday. The firm’s 50 day moving average price is $118.52 and its two-hundred day moving average price is $126.44. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.14 and a current ratio of 1.17. United Parcel Service, Inc. has a twelve month low of $109.40 and a twelve month high of $154.29. The stock has a market cap of $93.66 billion, a price-to-earnings ratio of 16.22, a PEG ratio of 1.55 and a beta of 0.94.

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

United Parcel Service Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Tuesday, February 18th were given a $1.64 dividend. This represents a $6.56 dividend on an annualized basis and a dividend yield of 5.98%. This is a positive change from United Parcel Service’s previous quarterly dividend of $1.63. The ex-dividend date of this dividend was Tuesday, February 18th. United Parcel Service’s dividend payout ratio is 97.04%.

About United Parcel Service

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.