Intrua Financial LLC Sells 1,076 Shares of United Parcel Service, Inc. $UPS

Intrua Financial LLC decreased its holdings in United Parcel Service, Inc. (NYSE:UPS) by 9.3% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 10,446 shares of the transportation company’s stock after selling 1,076 shares during the quarter. Intrua Financial LLC’s holdings in United Parcel Service were worth $1,149,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Juncture Wealth Strategies LLC raised its stake in United Parcel Service by 2.5% in the first quarter. Juncture Wealth Strategies LLC now owns 4,124 shares of the transportation company’s stock worth $454,000 after buying an additional 101 shares in the last quarter. First Dallas Securities Inc. increased its position in shares of United Parcel Service by 0.9% during the first quarter. First Dallas Securities Inc. now owns 11,421 shares of the transportation company’s stock worth $1,256,000 after purchasing an additional 102 shares in the last quarter. TCV Trust & Wealth Management Inc. increased its position in shares of United Parcel Service by 1.4% during the first quarter. TCV Trust & Wealth Management Inc. now owns 7,544 shares of the transportation company’s stock worth $830,000 after purchasing an additional 103 shares in the last quarter. Fortis Capital Advisors LLC increased its position in shares of United Parcel Service by 3.4% during the first quarter. Fortis Capital Advisors LLC now owns 3,185 shares of the transportation company’s stock worth $350,000 after purchasing an additional 104 shares in the last quarter. Finally, Lodestone Wealth Management LLC increased its position in shares of United Parcel Service by 6.2% during the first quarter. Lodestone Wealth Management LLC now owns 1,895 shares of the transportation company’s stock worth $208,000 after purchasing an additional 111 shares in the last quarter. Institutional investors own 60.26% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on UPS shares. Barclays reduced their price target on United Parcel Service from $90.00 to $80.00 and set an “underweight” rating on the stock in a research report on Thursday, July 31st. Oppenheimer reduced their price target on United Parcel Service from $114.00 to $100.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 30th. Evercore ISI reduced their price target on United Parcel Service from $103.00 to $97.00 and set an “in-line” rating on the stock in a research report on Wednesday, July 30th. Wells Fargo & Company reduced their price target on United Parcel Service from $98.00 to $91.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 30th. Finally, Stifel Nicolaus reduced their price target on United Parcel Service from $124.00 to $120.00 and set a “buy” rating on the stock in a research report on Wednesday, July 30th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, fourteen have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $112.59.

United Parcel Service Price Performance

NYSE UPS opened at $83.91 on Thursday. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.32 and a quick ratio of 1.32. The stock’s fifty day moving average price is $92.01 and its 200 day moving average price is $99.41. United Parcel Service, Inc. has a 1 year low of $83.05 and a 1 year high of $145.01. The company has a market cap of $71.12 billion, a price-to-earnings ratio of 12.49, a PEG ratio of 1.55 and a beta of 1.08.

United Parcel Service (NYSE:UPS) last released its earnings results on Tuesday, July 29th. The transportation company reported $1.55 earnings per share (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 firm had revenue of $21.20 billion during the quarter, compared to analyst estimates of $20.90 billion. During the same period in the previous year, the company earned $1.79 earnings per share. United Parcel Service’s revenue was down 2.7% on a year-over-year basis. As a group, equities research analysts forecast that United Parcel Service, Inc. will post 7.95 earnings per share for the current year.

United Parcel Service Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Shareholders of record on Monday, August 18th were issued a $1.64 dividend. This represents a $6.56 annualized dividend and a yield of 7.8%. The ex-dividend date of this dividend was Monday, August 18th. United Parcel Service’s dividend payout ratio is presently 97.62%.

Insider Buying and Selling at United Parcel Service

In related news, Director Christiana Smith Shi acquired 500 shares of the firm’s stock in a transaction dated Friday, August 22nd. The stock was acquired at an average price of $88.17 per share, with a total value of $44,085.00. Following the acquisition, the director directly owned 500 shares in the company, valued at $44,085. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Carol B. Tome acquired 11,682 shares of the firm’s stock in a transaction dated Friday, August 1st. The stock was bought at an average cost of $85.67 per share, with a total value of $1,000,796.94. Following the acquisition, the chief executive officer owned 24,718 shares in the company, valued at approximately $2,117,591.06. This trade represents a 89.61% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders purchased 17,182 shares of company stock worth $1,477,382. Insiders own 0.13% of the company’s stock.

United Parcel Service Company Profile

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.