Woodstock Corp Has $5.27 Million Stock Holdings in United Parcel Service, Inc. (NYSE:UPS)

Woodstock Corp reduced its position in United Parcel Service, Inc. (NYSE:UPS) by 6.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 41,766 shares of the transportation company’s stock after selling 3,071 shares during the period. Woodstock Corp’s holdings in United Parcel Service were worth $5,267,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Cigna Investments Inc. New increased its position in United Parcel Service by 1.0% in the third quarter. Cigna Investments Inc. New now owns 7,508 shares of the transportation company’s stock worth $1,024,000 after purchasing an additional 75 shares during the period. Banco Santander S.A. boosted its stake in shares of United Parcel Service by 0.6% in the 3rd quarter. Banco Santander S.A. now owns 12,596 shares of the transportation company’s stock valued at $1,717,000 after purchasing an additional 79 shares during the last quarter. Gleason Group Inc. grew its position in shares of United Parcel Service by 1.2% during the 3rd quarter. Gleason Group Inc. now owns 6,576 shares of the transportation company’s stock worth $897,000 after buying an additional 80 shares during the period. Tradewinds LLC. raised its stake in shares of United Parcel Service by 1.8% during the third quarter. Tradewinds LLC. now owns 4,487 shares of the transportation company’s stock worth $612,000 after buying an additional 81 shares during the last quarter. Finally, OLD Second National Bank of Aurora lifted its holdings in United Parcel Service by 1.2% in the third quarter. OLD Second National Bank of Aurora now owns 7,177 shares of the transportation company’s stock valued at $979,000 after buying an additional 83 shares during the period. Institutional investors own 60.26% of the company’s stock.

United Parcel Service Price Performance

Shares of NYSE UPS opened at $129.97 on Friday. The company has a fifty day moving average price of $129.09 and a 200 day moving average price of $130.98. United Parcel Service, Inc. has a 1-year low of $121.56 and a 1-year high of $161.35. The firm has a market cap of $110.91 billion, a PE ratio of 19.63, a PEG ratio of 1.73 and a beta of 1.00. 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 posted its quarterly earnings data on Thursday, October 24th. The transportation company reported $1.76 earnings per share for the quarter, topping 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 company had revenue of $22.20 billion during the quarter, compared to analysts’ expectations of $22.10 billion. During the same period in the prior year, the firm earned $1.57 earnings per share. United Parcel Service’s revenue for the quarter was up 5.4% compared to the same quarter last year. Research analysts predict that United Parcel Service, Inc. will post 7.49 earnings per share for the current fiscal year.

United Parcel Service Announces Dividend

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

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Evercore ISI lifted their target price on shares of United Parcel Service from $138.00 to $141.00 and gave the stock an “in-line” rating in a report on Tuesday, October 22nd. Wells Fargo & Company decreased their price objective on United Parcel Service from $155.00 to $150.00 and set an “overweight” rating for the company in a research note on Tuesday, January 7th. Citigroup dropped their price objective on United Parcel Service from $163.00 to $158.00 and set a “buy” rating for the company in a report on Tuesday, November 12th. Barclays restated an “underweight” rating and set a $120.00 target price on shares of United Parcel Service in a report on Monday, October 21st. Finally, UBS Group upped their price target on United Parcel Service from $159.00 to $170.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $151.10.

Insider Transactions at United Parcel Service

In related news, insider Norman M. Brothers, Jr. sold 7,325 shares of United Parcel Service stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $138.57, for a total value of $1,015,025.25. Following the sale, the insider now owns 45,098 shares of the company’s stock, valued at approximately $6,249,229.86. The trade was a 13.97 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.13% of the stock is currently owned by insiders.

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.