United Parcel Service, Inc. (NYSE:UPS) Shares Sold by Alliance Wealth Advisors LLC UT

Alliance Wealth Advisors LLC UT lowered its stake in United Parcel Service, Inc. (NYSE:UPS) by 3.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,994 shares of the transportation company’s stock after selling 116 shares during the period. Alliance Wealth Advisors LLC UT’s holdings in United Parcel Service were worth $378,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of UPS. Optas LLC increased its stake in United Parcel Service by 26.2% in the 4th quarter. Optas LLC now owns 2,198 shares of the transportation company’s stock valued at $277,000 after buying an additional 456 shares during the period. Rice Partnership LLC increased its stake in shares of United Parcel Service by 652.0% during the fourth quarter. Rice Partnership LLC now owns 15,039 shares of the transportation company’s stock worth $1,896,000 after acquiring an additional 13,039 shares during the period. Resonant Capital Advisors LLC increased its stake in shares of United Parcel Service by 1.5% during the fourth quarter. Resonant Capital Advisors LLC now owns 11,054 shares of the transportation company’s stock worth $1,394,000 after acquiring an additional 159 shares during the period. HHM Wealth Advisors LLC raised its holdings in United Parcel Service by 87.1% during the fourth quarter. HHM Wealth Advisors LLC now owns 2,574 shares of the transportation company’s stock worth $325,000 after purchasing an additional 1,198 shares in the last quarter. Finally, Willis Investment Counsel lifted its position in United Parcel Service by 1.0% in the fourth quarter. Willis Investment Counsel now owns 171,522 shares of the transportation company’s stock valued at $21,629,000 after purchasing an additional 1,721 shares during the period. Hedge funds and other institutional investors own 60.26% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Robert W. Baird downgraded United Parcel Service from an “outperform” rating to a “neutral” rating and cut their target price for the stock from $160.00 to $130.00 in a research note on Friday, January 31st. StockNews.com raised United Parcel Service from a “hold” rating to a “buy” rating in a report on Wednesday, November 6th. Argus raised shares of United Parcel Service from a “hold” rating to a “buy” rating in a research note on Tuesday, November 5th. JPMorgan Chase & Co. cut their price target on shares of United Parcel Service from $135.00 to $120.00 and set a “neutral” rating for the company in a report on Friday, January 31st. Finally, Baird R W downgraded shares of United Parcel Service from a “strong-buy” rating to a “hold” rating in a report on Friday, January 31st. Two analysts have rated the stock with a sell rating, eight have issued a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $140.73.

United Parcel Service Price Performance

United Parcel Service stock opened at $111.75 on Wednesday. The stock has a market capitalization of $95.37 billion, a P/E ratio of 16.53, a P/E/G ratio of 1.63 and a beta of 0.98. United Parcel Service, Inc. has a 12-month low of $109.40 and a 12-month high of $158.95. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.17 and a quick ratio of 1.14. The firm’s 50-day moving average is $127.78 and its two-hundred day moving average is $129.93.

United Parcel Service (NYSE:UPS) last announced its earnings results on Thursday, January 30th. The transportation company reported $2.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 last year, the company earned $2.47 EPS. Equities analysts predict that United Parcel Service, Inc. will post 8.61 earnings per share for the current year.

Insider Activity at United Parcel Service

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 7,325 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $138.57, for a total transaction of $1,015,025.25. Following the transaction, the insider now owns 45,098 shares of the company’s stock, valued at $6,249,229.86. This trade represents a 13.97 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.13% of the company’s stock.

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.