Yousif Capital Management LLC Sells 5,737 Shares of United Parcel Service, Inc. $UPS

Yousif Capital Management LLC lessened its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 5.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 94,689 shares of the transportation company’s stock after selling 5,737 shares during the quarter. Yousif Capital Management LLC’s holdings in United Parcel Service were worth $10,088,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of UPS. Brighton Jones LLC boosted its position in shares of United Parcel Service by 63.8% during the 4th quarter. Brighton Jones LLC now owns 12,126 shares of the transportation company’s stock valued at $1,529,000 after acquiring an additional 4,723 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in shares of United Parcel Service during the 2nd quarter valued at about $277,000. SVB Wealth LLC bought a new stake in shares of United Parcel Service during the 2nd quarter valued at about $848,000. WINTON GROUP Ltd purchased a new stake in United Parcel Service during the second quarter valued at about $820,000. Finally, L2 Asset Management LLC raised its position in United Parcel Service by 5.4% during the second quarter. L2 Asset Management LLC now owns 3,336 shares of the transportation company’s stock valued at $337,000 after purchasing an additional 172 shares in the last quarter. Institutional investors own 60.26% of the company’s stock.

United Parcel Service Trading Up 2.9%

Shares of UPS opened at $100.43 on Thursday. The firm has a market cap of $85.27 billion, a price-to-earnings ratio of 15.31, a PEG ratio of 1.54 and a beta of 1.12. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.22 and a current ratio of 1.22. United Parcel Service, Inc. has a fifty-two week low of $82.00 and a fifty-two week high of $122.41. The firm has a 50 day moving average price of $106.68 and a 200-day moving average price of $99.49.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings data on Tuesday, January 27th. The transportation company reported $2.38 earnings per share for the quarter, beating the consensus estimate of $2.20 by $0.18. United Parcel Service had a return on equity of 38.30% and a net margin of 6.28%.The firm had revenue of $24.48 billion during the quarter, compared to the consensus estimate of $23.91 billion. During the same quarter in the previous year, the company posted $2.75 earnings per share. The business’s revenue was down 3.2% on a year-over-year basis. As a group, equities research analysts forecast that United Parcel Service, Inc. will post 7.95 earnings per share for the current year.

United Parcel Service Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 5th. Shareholders of record on Tuesday, February 17th were given a $1.64 dividend. The ex-dividend date was Tuesday, February 17th. This represents a $6.56 annualized dividend and a yield of 6.5%. United Parcel Service’s payout ratio is presently 100.00%.

Wall Street Analysts Forecast Growth

UPS has been the topic of a number of research reports. Weiss Ratings upgraded United Parcel Service from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, February 6th. UBS Group raised their price target on United Parcel Service from $116.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Stephens upped their target price on United Parcel Service from $113.00 to $115.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 28th. BNP Paribas Exane lowered United Parcel Service from a “neutral” rating to an “underperform” rating and set a $85.00 target price for the company. in a research note on Tuesday, January 13th. Finally, HSBC upgraded shares of United Parcel Service from a “hold” rating to a “buy” rating in a report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, fourteen have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $113.03.

Insiders Place Their Bets

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 25,014 shares of the business’s stock in a transaction that occurred on Wednesday, January 28th. The stock was sold at an average price of $106.15, for a total value of $2,655,236.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.13% of the company’s stock.

United Parcel Service Company Profile

United Parcel Service (NYSE: UPS) is a global package delivery and supply chain management company that provides a broad range of transportation, logistics and e-commerce services. Its core business centers on small-package delivery and last-mile distribution for business and individual customers, supported by a network of ground transportation, air cargo operations (UPS Airlines) and sorting facilities. In addition to parcel delivery, UPS offers freight transportation, contract logistics, warehousing, customs brokerage and reverse-logistics solutions designed to support domestic and international commerce.

The company traces its roots to 1907 when it began as a small messenger service in the United States and later evolved into the United Parcel Service.