Stephens Inc. AR grew its stake in United Parcel Service, Inc. (NYSE:UPS) by 35.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 111,529 shares of the transportation company’s stock after acquiring an additional 29,037 shares during the quarter. Stephens Inc. AR’s holdings in United Parcel Service were worth $13,289,000 at the end of the most recent quarter.
Several other large investors also recently modified their holdings of UPS. Brookstone Capital Management lifted its position in United Parcel Service by 9.0% during the second quarter. Brookstone Capital Management now owns 55,120 shares of the transportation company’s stock worth $6,096,000 after buying an additional 4,541 shares during the period. Wesbanco Bank Inc. lifted its position in United Parcel Service by 9.4% during the second quarter. Wesbanco Bank Inc. now owns 61,892 shares of the transportation company’s stock worth $6,845,000 after buying an additional 5,325 shares during the period. Sawyer & Company Inc purchased a new position in United Parcel Service during the fourth quarter worth about $2,779,000. Crossmark Global Holdings Inc. purchased a new position in United Parcel Service during the third quarter worth about $8,978,000. Finally, BP PLC lifted its position in United Parcel Service by 47.3% during the third quarter. BP PLC now owns 81,000 shares of the transportation company’s stock worth $9,726,000 after buying an additional 26,000 shares during the period. Institutional investors and hedge funds own 53.55% of the company’s stock.
Shares of United Parcel Service, Inc. (UPS) opened at $106.60 on Thursday. The company has a market capitalization of $91,860.00, a PE ratio of 19.00, a price-to-earnings-growth ratio of 1.59 and a beta of 0.91. The company has a debt-to-equity ratio of 19.69, a quick ratio of 1.06 and a current ratio of 1.22. United Parcel Service, Inc. has a 12 month low of $102.12 and a 12 month high of $135.53.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 7th. Stockholders of record on Tuesday, February 20th will be paid a $0.91 dividend. The ex-dividend date is Friday, February 16th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 3.41%. This is a positive change from United Parcel Service’s previous quarterly dividend of $0.83. United Parcel Service’s dividend payout ratio (DPR) is 59.18%.
UPS has been the topic of several recent analyst reports. Deutsche Bank upgraded United Parcel Service from a “hold” rating to a “buy” rating and increased their target price for the stock from $125.00 to $135.00 in a research report on Monday, December 4th. Goldman Sachs Group initiated coverage on United Parcel Service in a research report on Monday, November 13th. They set a “buy” rating and a $148.00 target price on the stock. Oppenheimer reiterated a “buy” rating and set a $123.00 target price on shares of United Parcel Service in a research report on Monday, November 6th. Knight Equity reiterated a “buy” rating and set a $135.00 target price (down from $145.00) on shares of United Parcel Service in a research report on Monday, January 8th. Finally, Vetr upgraded United Parcel Service from a “sell” rating to a “hold” rating and set a $116.85 target price on the stock in a research report on Tuesday, December 26th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price 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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