Blueprint Investment Partners LLC Buys New Position in United Parcel Service, Inc. (NYSE:UPS)

Blueprint Investment Partners LLC bought a new stake in shares of United Parcel Service, Inc. (NYSE:UPS) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,183 shares of the transportation company’s stock, valued at approximately $275,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. IMG Wealth Management Inc. acquired a new position in United Parcel Service during the 4th quarter worth approximately $25,000. Generali Investments Management Co LLC acquired a new position in United Parcel Service during the 4th quarter worth approximately $26,000. True Wealth Design LLC raised its stake in United Parcel Service by 397.7% during the 3rd quarter. True Wealth Design LLC now owns 214 shares of the transportation company’s stock worth $29,000 after buying an additional 171 shares during the period. IFS Advisors LLC raised its stake in United Parcel Service by 232.3% during the 4th quarter. IFS Advisors LLC now owns 216 shares of the transportation company’s stock worth $27,000 after buying an additional 151 shares during the period. Finally, Runnymede Capital Advisors Inc. purchased a new stake in shares of United Parcel Service in the fourth quarter worth approximately $30,000. Institutional investors own 60.26% of the company’s stock.

United Parcel Service Trading Down 1.5 %

Shares of UPS stock opened at $115.25 on Monday. 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 52-week low of $109.40 and a 52-week high of $157.99. The company has a market capitalization of $98.44 billion, a PE ratio of 17.05, a price-to-earnings-growth ratio of 1.55 and a beta of 0.94. The business’s fifty day moving average is $120.13 and its 200 day moving average is $127.00.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings data 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 return on equity of 39.13% and a net margin of 6.35%. During the same period in the prior year, the firm earned $2.47 EPS. On average, equities research analysts anticipate that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal year.

United Parcel Service Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Tuesday, February 18th were given a dividend of $1.64 per share. This is an increase from United Parcel Service’s previous quarterly dividend of $1.63. The ex-dividend date was Tuesday, February 18th. This represents a $6.56 dividend on an annualized basis and a yield of 5.69%. United Parcel Service’s dividend payout ratio (DPR) is presently 97.04%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on UPS shares. StockNews.com raised United Parcel Service from a “hold” rating to a “buy” rating in a research note on Wednesday, March 5th. Bank of America lowered their price objective on United Parcel Service from $150.00 to $133.00 and set a “buy” rating for the company in a research note on Friday, January 31st. Truist Financial started coverage on United Parcel Service in a research note on Thursday, March 13th. They issued a “buy” rating and a $140.00 price objective for the company. Wolfe Research raised United Parcel Service from a “peer perform” rating to an “outperform” rating and set a $147.00 price target for the company in a research report on Wednesday, January 8th. Finally, Susquehanna decreased their price target on United Parcel Service from $140.00 to $130.00 and set a “neutral” rating for the company in a research report on Friday, January 31st. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $138.09.

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.