Generali Investments CEE investicni spolecnost a.s. Buys 16,687 Shares of United Parcel Service, Inc. $UPS

Generali Investments CEE investicni spolecnost a.s. raised its stake in United Parcel Service, Inc. (NYSE:UPSFree Report) by 104.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,687 shares of the transportation company’s stock after acquiring an additional 16,687 shares during the period. Generali Investments CEE investicni spolecnost a.s.’s holdings in United Parcel Service were worth $3,242,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. BLVD Private Wealth LLC bought a new stake in United Parcel Service during the second quarter worth $1,479,000. Strategic Planning Inc. bought a new position in shares of United Parcel Service in the 3rd quarter valued at $3,885,000. Victory Capital Management Inc. raised its holdings in shares of United Parcel Service by 10.5% during the 3rd quarter. Victory Capital Management Inc. now owns 7,991,490 shares of the transportation company’s stock worth $667,109,000 after buying an additional 761,217 shares in the last quarter. World Investment Advisors raised its holdings in shares of United Parcel Service by 260.4% during the 3rd quarter. World Investment Advisors now owns 78,577 shares of the transportation company’s stock worth $6,564,000 after buying an additional 56,772 shares in the last quarter. Finally, Addenda Capital Inc. lifted its position in shares of United Parcel Service by 28.0% during the 3rd quarter. Addenda Capital Inc. now owns 88,067 shares of the transportation company’s stock worth $7,356,000 after buying an additional 19,289 shares during the last quarter. 60.26% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on UPS shares. Deutsche Bank Aktiengesellschaft raised their price objective on United Parcel Service from $88.00 to $106.00 and gave the company a “hold” rating in a research note on Wednesday, January 28th. Susquehanna increased their target price on shares of United Parcel Service from $105.00 to $115.00 and gave the stock a “neutral” rating in a report on Tuesday, January 20th. Wolfe Research restated a “peer perform” rating on shares of United Parcel Service in a research note on Thursday, January 8th. HSBC raised shares of United Parcel Service from a “hold” rating to a “buy” rating in a report on Wednesday, January 28th. Finally, Weiss Ratings raised shares of United Parcel Service from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, February 6th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, fourteen have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $113.67.

Check Out Our Latest Analysis on United Parcel Service

United Parcel Service Stock Performance

Shares of UPS stock opened at $94.78 on Friday. The business’s 50-day moving average price is $108.17 and its 200-day moving average price is $98.64. United Parcel Service, Inc. has a 12 month low of $82.00 and a 12 month high of $122.41. The firm has a market capitalization of $80.47 billion, a price-to-earnings ratio of 14.45, a PEG ratio of 1.53 and a beta of 1.08. 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:UPSGet Free Report) last released its quarterly earnings data on Tuesday, January 27th. The transportation company reported $2.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.20 by $0.18. The company had revenue of $24.48 billion during the quarter, compared to the consensus estimate of $23.91 billion. United Parcel Service had a return on equity of 38.30% and a net margin of 6.28%.The firm’s revenue was down 3.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.75 earnings per share. Equities research analysts forecast that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 5th. Shareholders of record on Tuesday, February 17th were issued a dividend of $1.64 per share. This represents a $6.56 dividend on an annualized basis and a yield of 6.9%. The ex-dividend date of this dividend was Tuesday, February 17th. United Parcel Service’s payout ratio is presently 100.00%.

Insider Transactions at United Parcel Service

In other news, insider Norman M. Brothers, Jr. sold 25,014 shares of the firm’s stock in a transaction on 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 accessible through this hyperlink. Company insiders own 0.13% of the company’s stock.

More United Parcel Service News

Here are the key news stories impacting United Parcel Service this week:

United Parcel Service Company Profile

(Free Report)

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.

Read More

Institutional Ownership by Quarter for United Parcel Service (NYSE:UPS)

Receive News & Ratings for United Parcel Service Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Parcel Service and related companies with MarketBeat.com's FREE daily email newsletter.