Bauman Advisory Group LLC Makes New Investment in United Parcel Service, Inc. $UPS

Bauman Advisory Group LLC acquired a new stake in United Parcel Service, Inc. (NYSE:UPS) in the 4th quarter, Holdings Channel.com reports. The fund acquired 10,200 shares of the transportation company’s stock, valued at approximately $1,012,000. United Parcel Service makes up 0.8% of Bauman Advisory Group LLC’s portfolio, making the stock its 25th biggest position.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in UPS. University of Texas Texas AM Investment Management Co. acquired a new stake in shares of United Parcel Service in the fourth quarter valued at about $25,000. IFC & Insurance Marketing Inc. acquired a new stake in United Parcel Service during the 4th quarter worth about $25,000. Coston McIsaac & Partners boosted its position in shares of United Parcel Service by 77.8% during the 4th quarter. Coston McIsaac & Partners now owns 272 shares of the transportation company’s stock valued at $27,000 after purchasing an additional 119 shares in the last quarter. Torren Management LLC acquired a new position in United Parcel Service in the fourth quarter valued at approximately $29,000. Finally, Kemnay Advisory Services Inc. acquired a new position in shares of United Parcel Service during the 4th quarter valued at $29,000. 60.26% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

United Parcel Service Trading Up 0.2%

Shares of UPS stock opened at $105.29 on Friday. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.21 and a current ratio of 1.21. United Parcel Service, Inc. has a 52-week low of $82.00 and a 52-week high of $122.41. The company has a market capitalization of $89.50 billion, a PE ratio of 17.04, a price-to-earnings-growth ratio of 1.67 and a beta of 1.05. The business’s fifty day moving average is $104.00 and its 200 day moving average is $104.47.

United Parcel Service (NYSE:UPS) last announced its earnings results on Tuesday, April 28th. The transportation company reported $1.07 earnings per share for the quarter, topping analysts’ consensus estimates of $1.02 by $0.05. The business 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 company’s quarterly revenue was down 1.4% compared to the same quarter last year. During the same period in the prior year, the company earned $1.49 EPS. On average, equities research analysts anticipate that United Parcel Service, Inc. will post 7.1 EPS for the current fiscal year.

United Parcel Service Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, May 18th were given a dividend of $1.64 per share. The ex-dividend date was Monday, May 18th. This represents a $6.56 annualized dividend and a dividend yield of 6.2%. United Parcel Service’s dividend payout ratio (DPR) is 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.