Winning Points Advisors LLC Acquires Shares of 13,593 United Parcel Service, Inc. $UPS

Winning Points Advisors LLC purchased a new position in shares of United Parcel Service, Inc. (NYSE:UPS) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 13,593 shares of the transportation company’s stock, valued at approximately $1,297,000. United Parcel Service makes up about 1.2% of Winning Points Advisors LLC’s holdings, making the stock its 15th largest position.

A number of other institutional investors also recently modified their holdings of the business. Mattson Financial Services LLC acquired a new position in shares of United Parcel Service during the 4th quarter worth $1,037,000. ARK Investment Management LLC raised its holdings in shares of United Parcel Service by 15.2% during the 4th quarter. ARK Investment Management LLC now owns 13,383 shares of the transportation company’s stock worth $1,327,000 after buying an additional 1,770 shares in the last quarter. Gateway Wealth Partners LLC raised its holdings in shares of United Parcel Service by 20.0% during the 4th quarter. Gateway Wealth Partners LLC now owns 9,200 shares of the transportation company’s stock worth $913,000 after buying an additional 1,532 shares in the last quarter. Hoxton Planning & Management LLC raised its holdings in shares of United Parcel Service by 20.3% during the 4th quarter. Hoxton Planning & Management LLC now owns 4,581 shares of the transportation company’s stock worth $454,000 after buying an additional 774 shares in the last quarter. Finally, Meeder Asset Management Inc. raised its holdings in shares of United Parcel Service by 12,272.3% during the 4th quarter. Meeder Asset Management Inc. now owns 11,630 shares of the transportation company’s stock worth $1,154,000 after buying an additional 11,536 shares in the last quarter. Institutional investors and hedge funds own 60.26% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Weiss Ratings cut United Parcel Service from a “hold (c)” rating to a “sell (d+)” rating in a report on Friday, May 8th. UBS Group reduced their price objective 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. Citigroup boosted their price objective on United Parcel Service from $118.00 to $127.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Evercore reduced their price objective 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. Finally, Susquehanna boosted their price objective on United Parcel Service from $116.00 to $118.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. One research 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 stock. According to MarketBeat, United Parcel Service currently has a consensus rating of “Hold” and an average price target of $111.50.

United Parcel Service Trading Up 5.2%

Shares of UPS stock opened at $108.65 on Friday. The firm has a market capitalization of $92.35 billion, a P/E ratio of 17.58, a P/E/G ratio of 1.64 and a beta of 1.05. United Parcel Service, Inc. has a twelve month low of $82.00 and a twelve month high of $122.41. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 1.50. The stock’s fifty day simple moving average is $103.03 and its 200 day simple moving average is $104.03.

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

United Parcel Service Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, May 18th were given a dividend of $1.64 per share. The ex-dividend date was Monday, May 18th. This represents a $6.56 dividend on an annualized basis and a yield of 6.0%. United Parcel Service’s payout ratio is currently 106.15%.

United Parcel Service 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.