Koss Olinger Consulting LLC Sells 9,577 Shares of United Parcel Service, Inc. $UPS

Koss Olinger Consulting LLC lowered its position in United Parcel Service, Inc. (NYSE:UPS) by 56.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,252 shares of the transportation company’s stock after selling 9,577 shares during the period. Koss Olinger Consulting LLC’s holdings in United Parcel Service were worth $719,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Shrier Wealth Management LLC acquired a new position in United Parcel Service in the 4th quarter worth $1,099,000. Victory Capital Management Inc. boosted its stake in United Parcel Service by 10.5% in the 3rd quarter. Victory Capital Management Inc. now owns 7,991,490 shares of the transportation company’s stock worth $667,109,000 after purchasing an additional 761,217 shares during the period. Jaffetilchin Investment Partners LLC boosted its stake in United Parcel Service by 192.7% in the 4th quarter. Jaffetilchin Investment Partners LLC now owns 19,734 shares of the transportation company’s stock worth $1,957,000 after purchasing an additional 12,993 shares during the period. Integrity Advisory Solutions LLC acquired a new position in United Parcel Service in the 3rd quarter worth $6,868,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in United Parcel Service by 5.1% in the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,470,790 shares of the transportation company’s stock worth $122,855,000 after purchasing an additional 71,764 shares during the period. Institutional investors own 60.26% of the company’s stock.

Wall Street Analyst Weigh In

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

United Parcel Service Trading Up 0.2%

United Parcel Service stock opened at $106.85 on Friday. The firm has a 50-day moving average of $101.02 and a 200-day moving average of $103.08. United Parcel Service, Inc. has a one year low of $82.00 and a one year high of $122.41. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.21 and a quick ratio of 1.21. The company has a market cap of $90.82 billion, a price-to-earnings ratio of 17.29, a P/E/G ratio of 1.70 and a beta of 1.06.

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

United Parcel Service Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Monday, May 18th will be paid a $1.64 dividend. This represents a $6.56 annualized dividend and a yield of 6.1%. The ex-dividend date is Monday, May 18th. United Parcel Service’s dividend payout ratio (DPR) is 106.15%.

About United Parcel Service

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.