ORG Partners LLC Sells 2,246 Shares of United Parcel Service, Inc. (NYSE:UPS)

ORG Partners LLC decreased its position in United Parcel Service, Inc. (NYSE:UPS) by 87.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 331 shares of the transportation company’s stock after selling 2,246 shares during the quarter. ORG Partners LLC’s holdings in United Parcel Service were worth $49,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Cerity Partners LLC grew its stake in shares of United Parcel Service by 13.1% in the 4th quarter. Cerity Partners LLC now owns 387,381 shares of the transportation company’s stock worth $60,908,000 after acquiring an additional 44,721 shares in the last quarter. CapWealth Advisors LLC boosted its holdings in shares of United Parcel Service by 1.2% in the 4th quarter. CapWealth Advisors LLC now owns 58,184 shares of the transportation company’s stock worth $9,148,000 after buying an additional 686 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of United Parcel Service by 5.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,676,441 shares of the transportation company’s stock worth $578,053,000 after buying an additional 200,297 shares during the last quarter. KLCM Advisors Inc. purchased a new position in shares of United Parcel Service in the 4th quarter worth about $2,410,000. Finally, United Services Automobile Association boosted its holdings in shares of United Parcel Service by 235.3% in the 4th quarter. United Services Automobile Association now owns 237,333 shares of the transportation company’s stock worth $37,316,000 after buying an additional 166,557 shares during the last quarter. Institutional investors own 60.26% of the company’s stock.

United Parcel Service Stock Up 3.0 %

UPS stock opened at $142.41 on Friday. The company has a current ratio of 1.10, a quick ratio of 1.04 and a debt-to-equity ratio of 1.11. The company’s 50 day moving average is $139.56 and its 200 day moving average is $147.03. The stock has a market cap of $121.84 billion, a price-to-earnings ratio of 20.64, a price-to-earnings-growth ratio of 1.75 and a beta of 0.98. United Parcel Service, Inc. has a 1-year low of $132.90 and a 1-year high of $192.98.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Tuesday, April 23rd. The transportation company reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.33 by $0.10. The company had revenue of $21.70 billion for the quarter, compared to analysts’ expectations of $21.84 billion. United Parcel Service had a net margin of 6.60% and a return on equity of 37.42%. United Parcel Service’s revenue for the quarter was down 5.3% compared to the same quarter last year. During the same period in the prior year, the business earned $2.20 earnings per share. Sell-side analysts predict that United Parcel Service, Inc. will post 8.24 EPS for the current fiscal year.

United Parcel Service Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 30th. Shareholders of record on Monday, May 13th were given a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a yield of 4.58%. The ex-dividend date was Friday, May 10th. United Parcel Service’s payout ratio is currently 94.49%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Evercore ISI cut their price target on shares of United Parcel Service from $157.00 to $145.00 and set an “in-line” rating on the stock in a report on Monday, June 24th. Stifel Nicolaus cut their price target on shares of United Parcel Service from $178.00 to $170.00 and set a “buy” rating on the stock in a report on Thursday, March 28th. Susquehanna upped their price objective on shares of United Parcel Service from $150.00 to $160.00 and gave the company a “neutral” rating in a report on Wednesday, April 24th. Wells Fargo & Company initiated coverage on shares of United Parcel Service in a report on Friday, June 7th. They set an “overweight” rating and a $156.00 price objective on the stock. Finally, Bank of America upped their price objective on shares of United Parcel Service from $157.00 to $160.00 and gave the company a “neutral” rating in a report on Wednesday, April 24th. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, United Parcel Service presently has an average rating of “Hold” and an average target price of $164.55.

United Parcel Service Company Profile

United Parcel Service, Inc, a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States.