Hillman Capital Management Inc. Decreases Position in United Parcel Service, Inc. $UPS

Hillman Capital Management Inc. cut its stake in United Parcel Service, Inc. (NYSE:UPS) by 22.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 24,616 shares of the transportation company’s stock after selling 7,268 shares during the quarter. Hillman Capital Management Inc.’s holdings in United Parcel Service were worth $2,442,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of UPS. Parvin Asset Management LLC lifted its stake in United Parcel Service by 41.3% in the 4th quarter. Parvin Asset Management LLC now owns 11,245 shares of the transportation company’s stock worth $1,115,000 after purchasing an additional 3,285 shares in the last quarter. Van Den Berg Management I Inc. lifted its stake in United Parcel Service by 6.2% in the 4th quarter. Van Den Berg Management I Inc. now owns 25,205 shares of the transportation company’s stock worth $2,500,000 after purchasing an additional 1,465 shares in the last quarter. Crawford Investment Counsel Inc. lifted its stake in United Parcel Service by 2.3% in the 4th quarter. Crawford Investment Counsel Inc. now owns 1,008,714 shares of the transportation company’s stock worth $100,054,000 after purchasing an additional 22,476 shares in the last quarter. Harvest Investment Advisors LLC purchased a new position in United Parcel Service in the 4th quarter worth approximately $1,327,000. Finally, Kemnay Advisory Services Inc. purchased a new position in United Parcel Service in the 4th quarter worth approximately $29,000. Hedge funds and other institutional investors own 60.26% of the company’s stock.

Wall Street Analyst Weigh In

UPS has been the topic of a number of research reports. UBS Group decreased their target price on shares of United Parcel Service from $125.00 to $123.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. 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. Citigroup raised 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. Susquehanna raised their target price 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. Finally, Evercore decreased their target price on shares of United Parcel Service from $115.00 to $113.00 and set an “in-line” rating on the stock in a research note on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eleven have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $111.50.

United Parcel Service Stock Up 1.2%

UPS stock opened at $110.15 on Wednesday. The firm has a market cap of $93.63 billion, a PE ratio of 17.82, a PEG ratio of 1.73 and a beta of 1.05. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.21 and a current ratio of 1.21. The firm’s 50 day moving average price is $103.68 and its 200-day moving average price is $104.33. United Parcel Service, Inc. has a one year low of $82.00 and a one year high of $122.41.

United Parcel Service (NYSE:UPS) last announced its earnings results on Tuesday, April 28th. The transportation company reported $1.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.02 by $0.05. The company had revenue of $21.20 billion for the quarter, compared to analyst estimates of $20.99 billion. United Parcel Service had a return on equity of 35.95% and a net margin of 5.94%.The firm’s quarterly revenue was down 1.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.49 earnings per share. On average, equities research analysts anticipate that United Parcel Service, Inc. will post 7.1 EPS for the current year.

United Parcel Service Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, May 18th were given a $1.64 dividend. The ex-dividend date of this dividend was Monday, May 18th. This represents a $6.56 dividend on an annualized basis and a yield of 6.0%. United Parcel Service’s payout ratio is presently 106.15%.

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.