RDA Financial Network Acquires 290 Shares of United Parcel Service, Inc. (NYSE:UPS)

RDA Financial Network lifted its stake in United Parcel Service, Inc. (NYSE:UPS) by 7.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,097 shares of the transportation company’s stock after purchasing an additional 290 shares during the period. RDA Financial Network’s holdings in United Parcel Service were worth $517,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of UPS. Blair William & Co. IL grew its stake in shares of United Parcel Service by 38.0% during the 2nd quarter. Blair William & Co. IL now owns 245,087 shares of the transportation company’s stock valued at $33,540,000 after acquiring an additional 67,476 shares during the period. Paces Ferry Wealth Advisors LLC boosted its position in shares of United Parcel Service by 15.0% in the second quarter. Paces Ferry Wealth Advisors LLC now owns 4,314 shares of the transportation company’s stock worth $590,000 after purchasing an additional 563 shares during the period. Miramar Capital LLC increased its stake in shares of United Parcel Service by 8.6% in the second quarter. Miramar Capital LLC now owns 94,176 shares of the transportation company’s stock worth $12,888,000 after purchasing an additional 7,449 shares in the last quarter. Garner Asset Management Corp raised its position in shares of United Parcel Service by 28.1% during the 2nd quarter. Garner Asset Management Corp now owns 12,452 shares of the transportation company’s stock valued at $1,704,000 after purchasing an additional 2,734 shares during the period. Finally, Palouse Capital Management Inc. lifted its stake in shares of United Parcel Service by 37.1% during the 2nd quarter. Palouse Capital Management Inc. now owns 18,319 shares of the transportation company’s stock valued at $2,507,000 after buying an additional 4,955 shares in the last quarter. 60.26% of the stock is owned by institutional investors.

Insider Transactions at United Parcel Service

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 7,325 shares of the company’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $138.57, for a total value of $1,015,025.25. Following the transaction, the insider now directly owns 45,098 shares in the company, valued at $6,249,229.86. This represents a 13.97 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.13% of the company’s stock.

Wall Street Analysts Forecast Growth

UPS has been the topic of a number of recent analyst reports. The Goldman Sachs Group decreased their price target on United Parcel Service from $165.00 to $162.00 and set a “buy” rating on the stock in a report on Wednesday, October 9th. Evercore ISI lifted their target price on United Parcel Service from $138.00 to $141.00 and gave the company an “in-line” rating in a research note on Tuesday, October 22nd. Argus upgraded United Parcel Service from a “hold” rating to a “buy” rating in a research note on Tuesday, November 5th. Stifel Nicolaus lifted their price objective on shares of United Parcel Service from $151.00 to $156.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Finally, Bank of America raised shares of United Parcel Service from a “neutral” rating to a “buy” rating and set a $150.00 target price on the stock in a report on Thursday. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $151.10.

United Parcel Service Price Performance

UPS stock opened at $129.97 on Friday. The stock has a market cap of $110.91 billion, a PE ratio of 19.63, a P/E/G ratio of 1.73 and a beta of 1.00. United Parcel Service, Inc. has a 12 month low of $121.56 and a 12 month high of $161.35. The company has a 50-day moving average price of $129.09 and a 200 day moving average price of $130.98. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.20.

United Parcel Service (NYSE:UPS) last announced its earnings results on Thursday, October 24th. The transportation company reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $0.13. United Parcel Service had a return on equity of 37.38% and a net margin of 6.25%. The business had revenue of $22.20 billion during the quarter, compared to analyst estimates of $22.10 billion. During the same quarter in the previous year, the business earned $1.57 earnings per share. The company’s revenue for the quarter was up 5.4% compared to the same quarter last year. Equities research analysts anticipate that United Parcel Service, Inc. will post 7.49 earnings per share for the current year.

United Parcel Service Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, November 18th were paid a $1.63 dividend. The ex-dividend date was Monday, November 18th. This represents a $6.52 dividend on an annualized basis and a yield of 5.02%. United Parcel Service’s payout ratio is 98.49%.

United Parcel Service 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.