United Parcel Service, Inc. (NYSE:UPS) Holdings Lifted by Voya Financial Advisors Inc.

Voya Financial Advisors Inc. increased its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 0.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,763 shares of the transportation company’s stock after buying an additional 347 shares during the quarter. Voya Financial Advisors Inc.’s holdings in United Parcel Service were worth $4,968,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Bernardo Wealth Planning LLC lifted its position in shares of United Parcel Service by 0.6% in the second quarter. Bernardo Wealth Planning LLC now owns 15,340 shares of the transportation company’s stock worth $1,584,000 after buying an additional 88 shares during the last quarter. LS Investment Advisors LLC lifted its position in shares of United Parcel Service by 0.6% during the 2nd quarter. LS Investment Advisors LLC now owns 16,429 shares of the transportation company’s stock worth $1,697,000 after purchasing an additional 92 shares during the last quarter. Glassman Wealth Services lifted its position in shares of United Parcel Service by 22.5% during the 3rd quarter. Glassman Wealth Services now owns 501 shares of the transportation company’s stock worth $60,000 after purchasing an additional 92 shares during the last quarter. Parkside Financial Bank & Trust lifted its position in shares of United Parcel Service by 12.7% during the 3rd quarter. Parkside Financial Bank & Trust now owns 834 shares of the transportation company’s stock worth $100,000 after purchasing an additional 94 shares during the last quarter. Finally, Meridian Financial Partners LLC lifted its position in shares of United Parcel Service by 1.6% during the 3rd quarter. Meridian Financial Partners LLC now owns 5,948 shares of the transportation company’s stock worth $685,000 after purchasing an additional 95 shares during the last quarter. Institutional investors and hedge funds own 55.57% of the company’s stock.

Several equities analysts recently weighed in on UPS shares. JPMorgan Chase & Co. set a $135.00 price objective on United Parcel Service and gave the stock a “neutral” rating in a research report on Friday, October 4th. Wells Fargo & Co started coverage on United Parcel Service in a research report on Monday, October 28th. They set an “outperform” rating and a $138.00 price objective for the company. Daiwa Capital Markets raised United Parcel Service from a “neutral” rating to an “outperform” rating and set a $130.00 price objective for the company in a research report on Monday, August 26th. UBS Group set a $136.00 price objective on United Parcel Service and gave the stock a “buy” rating in a research report on Friday, November 1st. Finally, Loop Capital set a $140.00 price objective on United Parcel Service and gave the stock a “buy” rating in a research report on Monday, September 23rd. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $121.99.

In other news, COO James J. Barber sold 1,500 shares of the company’s stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $116.43, for a total value of $174,645.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 0.17% of the company’s stock.

UPS traded down $1.33 on Wednesday, hitting $119.87. 1,862,665 shares of the stock traded hands, compared to its average volume of 3,168,686. United Parcel Service, Inc. has a 52 week low of $89.89 and a 52 week high of $125.31. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 4.27. The firm has a market capitalization of $102.36 billion, a PE ratio of 16.56, a P/E/G ratio of 1.81 and a beta of 1.22. The business has a fifty day moving average price of $118.91 and a two-hundred day moving average price of $111.51.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings results on Tuesday, October 22nd. The transportation company reported $2.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.06 by $0.01. United Parcel Service had a return on equity of 154.80% and a net margin of 6.81%. The firm had revenue of $18.32 billion for the quarter, compared to analyst estimates of $18.35 billion. During the same period in the previous year, the company posted $1.82 earnings per share. The company’s quarterly revenue was up 5.0% compared to the same quarter last year. On average, equities research analysts forecast that United Parcel Service, Inc. will post 7.51 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 4th. Stockholders of record on Monday, November 18th will be paid a $0.96 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $3.84 annualized dividend and a dividend yield of 3.20%. United Parcel Service’s dividend payout ratio is currently 53.04%.

United Parcel Service Company Profile

United Parcel Service, Inc provides letter and package delivery, specialized transportation, logistics, and financial services. It operates through three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. The U.S. Domestic Package segment offers time-definite delivery of letters, documents, small packages, and palletized freight through air and ground services in the United States.

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Institutional Ownership by Quarter for United Parcel Service (NYSE:UPS)

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