United Parcel Service, Inc. (NYSE:UPS) Shares Acquired by ARS Wealth Advisors Group LLC

ARS Wealth Advisors Group LLC increased its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 1.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 35,734 shares of the transportation company’s stock after acquiring an additional 605 shares during the period. ARS Wealth Advisors Group LLC’s holdings in United Parcel Service were worth $4,506,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of UPS. Thoroughbred Financial Services LLC grew its position in United Parcel Service by 106.1% during the second quarter. Thoroughbred Financial Services LLC now owns 4,363 shares of the transportation company’s stock worth $597,000 after buying an additional 2,246 shares during the period. Quantbot Technologies LP acquired a new stake in shares of United Parcel Service in the 2nd quarter worth approximately $2,986,000. Citizens Financial Group Inc. RI increased its stake in United Parcel Service by 6.1% in the 2nd quarter. Citizens Financial Group Inc. RI now owns 14,349 shares of the transportation company’s stock valued at $1,964,000 after purchasing an additional 823 shares in the last quarter. Excalibur Management Corp boosted its position in United Parcel Service by 5.3% during the second quarter. Excalibur Management Corp now owns 12,826 shares of the transportation company’s stock worth $1,755,000 after purchasing an additional 646 shares in the last quarter. Finally, Edgestream Partners L.P. grew its holdings in United Parcel Service by 1,134.0% in the second quarter. Edgestream Partners L.P. now owns 55,764 shares of the transportation company’s stock valued at $7,631,000 after purchasing an additional 51,245 shares during the last quarter. Hedge funds and other institutional investors own 60.26% of the company’s stock.

United Parcel Service Stock Up 0.6 %

Shares of NYSE:UPS traded up $0.81 during mid-day trading on Wednesday, hitting $126.65. 287,796 shares of the company traded hands, compared to its average volume of 4,052,844. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.14 and a current ratio of 1.14. The firm’s 50 day simple moving average is $129.22 and its 200 day simple moving average is $131.01. The firm has a market cap of $108.08 billion, a P/E ratio of 19.13, a PEG ratio of 2.11 and a beta of 1.00. United Parcel Service, Inc. has a 52-week low of $121.56 and a 52-week high of $161.35.

United Parcel Service (NYSE:UPS) last released its earnings results on Thursday, October 24th. The transportation company reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $22.20 billion during the quarter, compared to the consensus estimate of $22.10 billion. During the same period in the prior year, the firm posted $1.57 earnings per share. The firm’s revenue for the quarter was up 5.4% compared to the same quarter last year. On average, equities analysts anticipate that United Parcel Service, Inc. will post 7.48 EPS for the current year.

United Parcel Service Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Monday, November 18th were paid a $1.63 dividend. The ex-dividend date of this dividend was Monday, November 18th. This represents a $6.52 dividend on an annualized basis and a yield of 5.15%. United Parcel Service’s dividend payout ratio is currently 98.49%.

Insiders Place Their Bets

In other United Parcel Service 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 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. The trade was a 13.97 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.13% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on UPS shares. Argus raised United Parcel Service from a “hold” rating to a “buy” rating in a research note on Tuesday, November 5th. Citigroup lowered their target price on United Parcel Service from $163.00 to $158.00 and set a “buy” rating on the stock in a report on Tuesday, November 12th. StockNews.com raised United Parcel Service from a “hold” rating to a “buy” rating in a report on Wednesday, November 6th. BMO Capital Markets upgraded United Parcel Service from a “market perform” rating to an “outperform” rating and dropped their price objective for the stock from $155.00 to $150.00 in a research report on Tuesday, December 10th. Finally, Bank of America upped their target price on shares of United Parcel Service from $132.00 to $150.00 and gave the company a “neutral” rating in a report on Friday, October 25th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, United Parcel Service presently has a consensus rating of “Moderate Buy” and an average target price of $151.10.

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.