United Parcel Service, Inc. $UPS Position Cut by Nordwand Advisors LLC

Nordwand Advisors LLC reduced its holdings in United Parcel Service, Inc. (NYSE:UPS) by 69.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,645 shares of the transportation company’s stock after selling 8,450 shares during the quarter. Nordwand Advisors LLC’s holdings in United Parcel Service were worth $304,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in UPS. Brighton Jones LLC boosted its holdings in shares of United Parcel Service by 63.8% in the fourth 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 in the last quarter. Sivia Capital Partners LLC bought a new position in United Parcel Service during the 2nd quarter valued at $277,000. Silver Oak Securities Incorporated boosted its stake in United Parcel Service by 23.1% during the second quarter. Silver Oak Securities Incorporated now owns 6,277 shares of the transportation company’s stock valued at $634,000 after buying an additional 1,179 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in United Parcel Service by 14.5% during the second quarter. Farther Finance Advisors LLC now owns 14,338 shares of the transportation company’s stock worth $1,447,000 after acquiring an additional 1,811 shares during the period. Finally, Orrstown Financial Services Inc. bought a new stake in United Parcel Service in the second quarter worth about $212,000. Institutional investors and hedge funds own 60.26% of the company’s stock.

Wall Street Analyst Weigh In

UPS has been the subject of a number of research reports. BNP Paribas Exane cut shares of United Parcel Service from a “neutral” rating to an “underperform” rating and set a $85.00 target price for the company. in a report on Tuesday, January 13th. Susquehanna increased their target price on United Parcel Service from $100.00 to $105.00 and gave the company a “neutral” rating in a report on Wednesday, October 29th. Wall Street Zen upgraded United Parcel Service from a “sell” rating to a “hold” rating in a report on Saturday, November 1st. Wells Fargo & Company upped their price target on United Parcel Service from $91.00 to $96.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 29th. Finally, Wolfe Research restated a “peer perform” rating on shares of United Parcel Service in a research report on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, sixteen have issued a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $111.42.

United Parcel Service Price Performance

UPS opened at $106.89 on Tuesday. The stock has a fifty day moving average price of $99.48 and a 200 day moving average price of $93.17. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 1.50. United Parcel Service, Inc. has a 1 year low of $82.00 and a 1 year high of $136.99. The stock has a market cap of $90.68 billion, a price-to-earnings ratio of 16.52, a PEG ratio of 2.33 and a beta of 1.11.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings results on Tuesday, October 28th. The transportation company reported $1.74 earnings per share for the quarter, topping analysts’ consensus estimates of $1.31 by $0.43. The company had revenue of $21.42 billion during the quarter, compared to the consensus estimate of $20.94 billion. United Parcel Service had a return on equity of 40.07% and a net margin of 6.15%.The business’s quarterly revenue was down 3.7% on a year-over-year basis. During the same period last year, the business earned $1.76 EPS. Analysts forecast that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal year.

United Parcel Service Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 4th. Shareholders of record on Monday, November 17th were paid a $1.64 dividend. The ex-dividend date was Monday, November 17th. This represents a $6.56 dividend on an annualized basis and a yield of 6.1%. United Parcel Service’s payout ratio is 101.39%.

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.