GoalVest Advisory LLC Acquires Shares of 9,332 United Parcel Service, Inc. $UPS

GoalVest Advisory LLC bought a new position in United Parcel Service, Inc. (NYSE:UPS) during the 4th quarter, HoldingsChannel reports. The fund bought 9,332 shares of the transportation company’s stock, valued at approximately $926,000.

Other institutional investors have also recently made changes to their positions in the company. Evelyn Partners Investment Management Europe Ltd raised its holdings in United Parcel Service by 110.1% in the 2nd quarter. Evelyn Partners Investment Management Europe Ltd now owns 250 shares of the transportation company’s stock worth $25,000 after acquiring an additional 131 shares during the last quarter. Salzhauer Michael bought a new position in United Parcel Service in the 3rd quarter valued at approximately $31,000. Physician Wealth Advisors Inc. boosted its stake in United Parcel Service by 76.5% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 376 shares of the transportation company’s stock valued at $31,000 after purchasing an additional 163 shares during the last quarter. Twin Peaks Wealth Advisors LLC bought a new stake in shares of United Parcel Service in the 2nd quarter worth $34,000. Finally, Avion Wealth increased its holdings in shares of United Parcel Service by 284.1% in the 3rd quarter. Avion Wealth now owns 434 shares of the transportation company’s stock worth $36,000 after purchasing an additional 321 shares in the last quarter. Hedge funds and other institutional investors own 60.26% of the company’s stock.

United Parcel Service Stock Performance

Shares of UPS opened at $96.56 on Friday. The firm has a market capitalization of $81.99 billion, a P/E ratio of 14.72, a PEG ratio of 1.52 and a beta of 1.08. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.22 and a quick ratio of 1.22. United Parcel Service, Inc. has a one year low of $82.00 and a one year high of $122.41. The business has a fifty day moving average of $109.43 and a 200 day moving average of $98.15.

United Parcel Service (NYSE:UPS) last posted its earnings results on Tuesday, January 27th. The transportation company reported $2.38 earnings per share for the quarter, beating analysts’ consensus estimates of $2.20 by $0.18. The company had revenue of $24.48 billion for 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%.United Parcel Service’s revenue was down 3.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.75 earnings per share. As a group, sell-side analysts anticipate that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 5th. Stockholders of record on Tuesday, February 17th were paid a $1.64 dividend. This represents a $6.56 annualized dividend and a dividend yield of 6.8%. The ex-dividend date was Tuesday, February 17th. United Parcel Service’s dividend payout ratio is 100.00%.

Insider Activity

In related news, insider Norman M. Brothers, Jr. sold 25,014 shares of the firm’s stock in a transaction that occurred on Wednesday, January 28th. The shares were sold at an average price of $106.15, for a total value of $2,655,236.10. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 0.13% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on UPS shares. Evercore upped their price target on United Parcel Service from $94.00 to $113.00 and gave the company an “in-line” rating in a report on Wednesday, January 21st. Weiss Ratings upgraded United Parcel Service from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, February 6th. Sanford C. Bernstein boosted their target price on United Parcel Service from $122.00 to $125.00 and gave the stock an “outperform” rating in a research report on Friday, January 9th. HSBC upgraded shares of United Parcel Service from a “hold” rating to a “buy” rating in a research note on Wednesday, January 28th. Finally, UBS Group lifted their price target on shares of United Parcel Service from $116.00 to $125.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, fourteen have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price 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.