Clifford Capital Partners LLC Has $14.69 Million Stock Holdings in United Parcel Service, Inc. $UPS

Clifford Capital Partners LLC grew its position in United Parcel Service, Inc. (NYSE:UPS) by 30.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 175,860 shares of the transportation company’s stock after purchasing an additional 41,468 shares during the quarter. United Parcel Service makes up approximately 2.5% of Clifford Capital Partners LLC’s portfolio, making the stock its 25th largest holding. Clifford Capital Partners LLC’s holdings in United Parcel Service were worth $14,690,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of UPS. Brighton Jones LLC grew its stake in United Parcel Service by 63.8% in the 4th 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 acquired a new position in United Parcel Service during the 2nd quarter worth $277,000. SVB Wealth LLC acquired a new position in United Parcel Service during the 2nd quarter worth $848,000. SBI Securities Co. Ltd. lifted its position in United Parcel Service by 15.3% during the 2nd quarter. SBI Securities Co. Ltd. now owns 2,514 shares of the transportation company’s stock worth $254,000 after acquiring an additional 333 shares during the last quarter. Finally, Candriam S.C.A. boosted its holdings in United Parcel Service by 2.2% during the second quarter. Candriam S.C.A. now owns 62,251 shares of the transportation company’s stock valued at $6,284,000 after acquiring an additional 1,317 shares during the period. 60.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Norman M. Brothers, Jr. sold 25,014 shares of the firm’s stock in a transaction dated Wednesday, January 28th. The shares were sold at an average price of $106.15, for a total transaction of $2,655,236.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.13% of the company’s stock.

United Parcel Service Price Performance

Shares of UPS stock opened at $97.27 on Friday. United Parcel Service, Inc. has a 12 month low of $82.00 and a 12 month high of $122.41. The company has a market capitalization of $82.59 billion, a P/E ratio of 14.83, a P/E/G ratio of 1.53 and a beta of 1.08. The stock has a 50 day moving average of $110.04 and a two-hundred day moving average of $97.95. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.45.

United Parcel Service (NYSE:UPS) last released its quarterly earnings data on Tuesday, January 27th. The transportation company reported $2.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.20 by $0.18. The business had revenue of $24.48 billion for the quarter, compared to analysts’ expectations 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 quarterly revenue was down 3.2% on a year-over-year basis. During the same period in the previous year, the business posted $2.75 earnings per share. As a group, equities analysts expect that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 5th. Shareholders of record on Tuesday, February 17th were issued a $1.64 dividend. This represents a $6.56 annualized dividend and a yield of 6.7%. The ex-dividend date of this dividend was Tuesday, February 17th. United Parcel Service’s payout ratio is 100.00%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on UPS shares. TD Cowen raised their price target on United Parcel Service from $101.00 to $115.00 and gave the company a “hold” rating in a research report on Wednesday, January 28th. Bank of America raised United Parcel Service from an “underperform” rating to a “neutral” rating and set a $114.00 price objective for the company in a research report on Friday, January 9th. Evercore raised their target price 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. Stifel Nicolaus lifted their price target on United Parcel Service from $112.00 to $116.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. Finally, Citigroup cut their price target on United Parcel Service from $126.00 to $120.00 and set a “buy” rating for the company in a report on Wednesday, January 28th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, fourteen have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, United Parcel Service presently has an average rating of “Hold” and an average target price of $113.67.

United Parcel Service Company 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.