Global Trust Asset Management LLC bought a new stake in United Parcel Service, Inc. (NYSE:UPS) during the 4th quarter, Holdings Channel reports. The fund bought 1,725 shares of the transportation company’s stock, valued at approximately $206,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of UPS. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in shares of United Parcel Service during the third quarter worth about $120,000. Security National Trust Co. grew its stake in shares of United Parcel Service by 3.9% during the second quarter. Security National Trust Co. now owns 1,292 shares of the transportation company’s stock worth $143,000 after acquiring an additional 48 shares during the last quarter. Resources Investment Advisors Inc. grew its stake in shares of United Parcel Service by 51.2% during the fourth quarter. Resources Investment Advisors Inc. now owns 1,235 shares of the transportation company’s stock worth $147,000 after acquiring an additional 418 shares during the last quarter. Choate Investment Advisors purchased a new stake in shares of United Parcel Service during the second quarter worth about $203,000. Finally, First Midwest Bank Trust Division purchased a new stake in shares of United Parcel Service during the third quarter worth about $203,000. Institutional investors own 53.51% of the company’s stock.

Shares of United Parcel Service, Inc. (NYSE UPS) opened at $106.39 on Monday. The company has a current ratio of 1.22, a quick ratio of 1.06 and a debt-to-equity ratio of 19.69. United Parcel Service, Inc. has a twelve month low of $102.12 and a twelve month high of $135.53. The company has a market capitalization of $91,680.00, a PE ratio of 18.96, a P/E/G ratio of 1.59 and a beta of 0.91.

United Parcel Service (NYSE:UPS) last released its earnings results on Thursday, February 1st. The transportation company reported $1.67 EPS for the quarter, topping the Zacks’ consensus estimate of $1.66 by $0.01. United Parcel Service had a return on equity of 477.77% and a net margin of 7.45%. The firm had revenue of $18.83 billion during the quarter, compared to the consensus estimate of $18.20 billion. During the same quarter in the previous year, the company posted $1.63 earnings per share. The company’s revenue was up 11.2% compared to the same quarter last year. analysts expect that United Parcel Service, Inc. will post 7.23 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 7th. Investors of record on Tuesday, February 20th will be issued a dividend of $0.91 per share. This is an increase from United Parcel Service’s previous quarterly dividend of $0.83. The ex-dividend date of this dividend is Friday, February 16th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 3.42%. United Parcel Service’s payout ratio is 59.18%.

A number of equities research analysts have recently weighed in on the company. Credit Suisse Group restated a “hold” rating and set a $137.00 price target on shares of United Parcel Service in a research note on Wednesday, January 17th. Robert W. Baird restated a “hold” rating and set a $130.00 price target on shares of United Parcel Service in a research note on Tuesday, January 9th. Deutsche Bank restated a “buy” rating and set a $145.00 price target (up previously from $135.00) on shares of United Parcel Service in a research note on Monday, January 8th. Knight Equity restated a “buy” rating and set a $135.00 price target (down previously from $145.00) on shares of United Parcel Service in a research note on Monday, January 8th. Finally, UBS Group boosted their price target on United Parcel Service from $117.00 to $126.00 and gave the stock a “neutral” rating in a research note on Friday, October 27th. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. United Parcel Service has an average rating of “Hold” and an average price target of $126.47.

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United Parcel Service Company Profile

United Parcel Service, Inc (UPS) is a package delivery company. The Company is a provider of global supply chain management solutions. The Company operates through three segments: U.S. Domestic Package operations, International Package operations, and Supply Chain & Freight operations. As of December 31, 2016, the Company delivered packages in over 220 countries and territories.

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Institutional Ownership by Quarter for United Parcel Service (NYSE:UPS)

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