DHJJ Financial Advisors Ltd. Sells 122 Shares of United Parcel Service, Inc. $UPS

DHJJ Financial Advisors Ltd. decreased its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 0.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,783 shares of the transportation company’s stock after selling 122 shares during the period. United Parcel Service comprises approximately 0.6% of DHJJ Financial Advisors Ltd.’s holdings, making the stock its 29th largest position. DHJJ Financial Advisors Ltd.’s holdings in United Parcel Service were worth $1,694,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of UPS. Goldman Sachs Group Inc. grew its position in shares of United Parcel Service by 124.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 9,011,107 shares of the transportation company’s stock valued at $991,132,000 after acquiring an additional 4,988,044 shares during the period. Pacer Advisors Inc. grew its position in shares of United Parcel Service by 1,056.6% during the 1st quarter. Pacer Advisors Inc. now owns 4,336,175 shares of the transportation company’s stock valued at $476,936,000 after acquiring an additional 3,961,255 shares during the period. Nuveen LLC bought a new stake in shares of United Parcel Service during the 1st quarter valued at $201,358,000. Charles Schwab Investment Management Inc. grew its position in shares of United Parcel Service by 7.7% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 25,045,472 shares of the transportation company’s stock valued at $2,754,751,000 after acquiring an additional 1,780,807 shares during the period. Finally, Assenagon Asset Management S.A. boosted its holdings in United Parcel Service by 443.6% in the 2nd quarter. Assenagon Asset Management S.A. now owns 1,549,962 shares of the transportation company’s stock worth $156,453,000 after buying an additional 1,264,842 shares during the period. Institutional investors own 60.26% of the company’s stock.

United Parcel Service Stock Up 1.5%

UPS opened at $85.65 on Friday. The firm has a 50-day simple moving average of $86.54 and a two-hundred day simple moving average of $95.70. United Parcel Service, Inc. has a 52 week low of $82.00 and a 52 week high of $145.01. The company has a market capitalization of $72.60 billion, a PE ratio of 12.75, a price-to-earnings-growth ratio of 1.55 and a beta of 1.10. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 1.51.

United Parcel Service (NYSE:UPS) last released its quarterly earnings data on Tuesday, July 29th. The transportation company reported $1.55 EPS for the quarter, missing the consensus estimate of $1.56 by ($0.01). United Parcel Service had a net margin of 6.34% and a return on equity of 39.61%. The company had revenue of $21.20 billion for the quarter, compared to the consensus estimate of $20.90 billion. During the same period last year, the company earned $1.79 EPS. The firm’s revenue for the quarter was down 2.7% on a year-over-year basis. Analysts forecast that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.

United Parcel Service Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Monday, August 18th were given a $1.64 dividend. This represents a $6.56 dividend on an annualized basis and a yield of 7.7%. The ex-dividend date of this dividend was Monday, August 18th. United Parcel Service’s dividend payout ratio is 97.62%.

Insider Buying and Selling

In other news, Director Christiana Smith Shi acquired 500 shares of United Parcel Service stock in a transaction that occurred on Friday, August 22nd. The shares were bought at an average cost of $88.17 per share, with a total value of $44,085.00. Following the transaction, the director directly owned 500 shares of the company’s stock, valued at $44,085. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, CEO Carol B. Tome bought 11,682 shares of the company’s stock in a transaction on Friday, August 1st. The stock was bought at an average price of $85.67 per share, for a total transaction of $1,000,796.94. Following the completion of the purchase, the chief executive officer directly owned 24,718 shares in the company, valued at approximately $2,117,591.06. This represents a 89.61% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought 17,182 shares of company stock valued at $1,477,382 in the last ninety days. 0.13% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on UPS. Vertical Research reaffirmed a “hold” rating and issued a $103.00 target price on shares of United Parcel Service in a report on Wednesday, July 30th. Morgan Stanley dropped their target price on shares of United Parcel Service from $80.00 to $75.00 and set an “underweight” rating for the company in a report on Wednesday, July 30th. Susquehanna dropped their target price on shares of United Parcel Service from $110.00 to $100.00 and set a “neutral” rating for the company in a report on Wednesday, July 30th. BNP Paribas Exane raised shares of United Parcel Service from an “underperform” rating to a “neutral” rating and set a $100.00 target price for the company in a report on Thursday, July 3rd. Finally, Wolfe Research dropped their target price on shares of United Parcel Service from $113.00 to $112.00 and set an “outperform” rating for the company in a report on Tuesday, July 1st. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, fifteen have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $110.41.

About United Parcel Service

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.