8,546 Shares in United Parcel Service, Inc. $UPS Acquired by Tweedy Browne Co LLC

Tweedy Browne Co LLC bought a new stake in United Parcel Service, Inc. (NYSE:UPS) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 8,546 shares of the transportation company’s stock, valued at approximately $714,000.

Other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its holdings in 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 buying an additional 4,723 shares during the last quarter. Sivia Capital Partners LLC purchased a new position in shares of United Parcel Service in the 2nd quarter valued at about $277,000. SVB Wealth LLC acquired a new stake in shares of United Parcel Service during the 2nd quarter worth about $848,000. Avantax Advisory Services Inc. raised its position in shares of United Parcel Service by 14.6% during the 2nd quarter. Avantax Advisory Services Inc. now owns 94,361 shares of the transportation company’s stock worth $9,525,000 after acquiring an additional 12,035 shares in the last quarter. Finally, Kingsview Wealth Management LLC lifted its stake in United Parcel Service by 20.1% during the second quarter. Kingsview Wealth Management LLC now owns 38,685 shares of the transportation company’s stock worth $3,905,000 after purchasing an additional 6,480 shares during the last quarter. Hedge funds and other institutional investors own 60.26% of the company’s stock.

Insider Buying and Selling at United Parcel Service

In other 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 transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.13% of the company’s stock.

United Parcel Service Trading Up 0.4%

UPS opened at $97.79 on Wednesday. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.45. United Parcel Service, Inc. has a 52 week low of $82.00 and a 52 week high of $122.41. The business’s 50 day moving average is $109.81 and its two-hundred day moving average is $98.17. The firm has a market cap of $83.03 billion, a price-to-earnings ratio of 14.91, a price-to-earnings-growth ratio of 1.53 and a beta of 1.08.

United Parcel Service (NYSE:UPS) last posted 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. The business had revenue of $24.48 billion during the quarter, compared to the consensus estimate of $23.91 billion. United Parcel Service had a return on equity of 38.30% and a net margin of 6.28%.The company’s revenue was down 3.2% compared to the same quarter last year. During the same period in the prior year, the company earned $2.75 earnings per share. On average, research analysts predict that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 5th. Investors of record on Tuesday, February 17th were issued a dividend of $1.64 per share. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.7%. United Parcel Service’s dividend payout ratio (DPR) is currently 100.00%.

Analyst Ratings Changes

A number of brokerages recently issued reports on UPS. HSBC raised United Parcel Service from a “hold” rating to a “buy” rating in a report on Wednesday, January 28th. Oppenheimer boosted their price objective on shares of United Parcel Service from $107.00 to $115.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 28th. Wells Fargo & Company upped their target price on shares of United Parcel Service from $96.00 to $110.00 and gave the company an “equal weight” rating in a report on Wednesday, January 28th. Stifel Nicolaus increased their target price on shares of United Parcel Service from $112.00 to $116.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Finally, Wolfe Research reiterated a “peer perform” rating on shares of United Parcel Service in a research note on Thursday, January 8th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, fourteen have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $113.67.

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.