O Shaughnessy Asset Management LLC Buys 102,345 Shares of United Parcel Service, Inc. $UPS

O Shaughnessy Asset Management LLC lifted its stake in United Parcel Service, Inc. (NYSE:UPS) by 192.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 155,593 shares of the transportation company’s stock after acquiring an additional 102,345 shares during the period. O Shaughnessy Asset Management LLC’s holdings in United Parcel Service were worth $15,433,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Coston McIsaac & Partners raised its position in shares of United Parcel Service by 77.8% in the 4th quarter. Coston McIsaac & Partners now owns 272 shares of the transportation company’s stock worth $27,000 after acquiring an additional 119 shares in the last quarter. Torren Management LLC bought a new position in shares of United Parcel Service in the 4th quarter worth $29,000. Elyxium Wealth LLC bought a new position in shares of United Parcel Service in the 4th quarter worth $40,000. Activest Wealth Management raised its position in shares of United Parcel Service by 144.3% in the 4th quarter. Activest Wealth Management now owns 408 shares of the transportation company’s stock worth $40,000 after acquiring an additional 241 shares in the last quarter. Finally, Optima Capital LLC acquired a new position in United Parcel Service during the 4th quarter valued at about $44,000. 60.26% of the stock is owned by institutional investors.

United Parcel Service Stock Up 0.1%

United Parcel Service stock opened at $107.85 on Wednesday. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.21 and a current ratio of 1.21. The business’s 50-day simple moving average is $102.65 and its two-hundred day simple moving average is $103.84. The company has a market cap of $91.68 billion, a PE ratio of 17.45, a PEG ratio of 1.71 and a beta of 1.05. United Parcel Service, Inc. has a fifty-two week low of $82.00 and a fifty-two week high of $122.41.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings results on Tuesday, April 28th. The transportation company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.05. The business had revenue of $21.20 billion for the quarter, compared to the consensus estimate of $20.99 billion. United Parcel Service had a return on equity of 35.95% and a net margin of 5.94%.The company’s quarterly revenue was down 1.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.49 EPS. Equities analysts anticipate that United Parcel Service, Inc. will post 7.1 EPS for the current year.

United Parcel Service Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, May 18th were paid a dividend of $1.64 per share. This represents a $6.56 annualized dividend and a yield of 6.1%. The ex-dividend date was Monday, May 18th. United Parcel Service’s payout ratio is presently 106.15%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on UPS. UBS Group reduced their target price on United Parcel Service from $125.00 to $123.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. Susquehanna upped their target price on United Parcel Service from $116.00 to $118.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Evercore reduced their target price on United Parcel Service from $115.00 to $113.00 and set an “in-line” rating on the stock in a research report on Wednesday, April 22nd. Weiss Ratings lowered United Parcel Service from a “hold (c)” rating to a “sell (d+)” rating in a research report on Friday, May 8th. Finally, Citigroup upped their target price on United Parcel Service from $118.00 to $127.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eleven have given a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $111.50.

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.