Key Financial Inc Sells 334 Shares of United Parcel Service, Inc. (NYSE:UPS)

Key Financial Inc lessened its holdings in United Parcel Service, Inc. (NYSE:UPS) by 25.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 977 shares of the transportation company’s stock after selling 334 shares during the quarter. Key Financial Inc’s holdings in United Parcel Service were worth $154,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Charles Schwab Investment Management Inc. lifted its stake in shares of United Parcel Service by 4.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 15,889,570 shares of the transportation company’s stock worth $2,456,055,000 after buying an additional 628,944 shares during the last quarter. International Assets Investment Management LLC lifted its stake in shares of United Parcel Service by 15,631.2% during the 4th quarter. International Assets Investment Management LLC now owns 14,502,261 shares of the transportation company’s stock worth $2,280,190,000 after buying an additional 14,410,073 shares during the last quarter. Wellington Management Group LLP lifted its stake in shares of United Parcel Service by 31.7% during the 3rd quarter. Wellington Management Group LLP now owns 9,677,202 shares of the transportation company’s stock worth $1,508,385,000 after buying an additional 2,331,875 shares during the last quarter. Northern Trust Corp lifted its stake in shares of United Parcel Service by 0.6% during the 1st quarter. Northern Trust Corp now owns 9,273,417 shares of the transportation company’s stock worth $1,988,777,000 after buying an additional 54,401 shares during the last quarter. Finally, Morgan Stanley lifted its stake in shares of United Parcel Service by 33.7% during the 4th quarter. Morgan Stanley now owns 7,730,090 shares of the transportation company’s stock worth $1,343,799,000 after buying an additional 1,949,775 shares during the last quarter. Institutional investors own 60.26% of the company’s stock.

Insider Buying and Selling at United Parcel Service

In other United Parcel Service news, Director Eva C. Boratto purchased 1,400 shares of the firm’s stock in a transaction on Friday, February 2nd. The stock was acquired at an average price of $142.30 per share, for a total transaction of $199,220.00. Following the purchase, the director now owns 1,400 shares of the company’s stock, valued at approximately $199,220. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.13% of the stock is currently owned by company insiders.

United Parcel Service Trading Down 0.4 %

Shares of NYSE:UPS traded down $0.64 during mid-day trading on Wednesday, hitting $142.25. The company had a trading volume of 4,120,924 shares, compared to its average volume of 4,320,864. The company has a market capitalization of $121.29 billion, a PE ratio of 18.34, a price-to-earnings-growth ratio of 1.68 and a beta of 1.05. The firm has a fifty day moving average price of $149.75 and a 200 day moving average price of $151.40. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.10 and a quick ratio of 1.10. United Parcel Service, Inc. has a one year low of $133.68 and a one year high of $197.80.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings results on Tuesday, January 30th. The transportation company reported $2.47 EPS for the quarter, beating analysts’ consensus estimates of $2.46 by $0.01. The business had revenue of $24.92 billion during the quarter, compared to analyst estimates of $25.40 billion. United Parcel Service had a net margin of 7.37% and a return on equity of 39.46%. United Parcel Service’s quarterly revenue was down 7.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.62 EPS. As a group, research analysts forecast that United Parcel Service, Inc. will post 8.2 EPS for the current year.

United Parcel Service Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 8th. Shareholders of record on Tuesday, February 20th were paid a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a yield of 4.58%. The ex-dividend date was Friday, February 16th. This is a positive change from United Parcel Service’s previous quarterly dividend of $1.62. United Parcel Service’s payout ratio is 83.70%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on UPS shares. Daiwa Capital Markets lowered shares of United Parcel Service from an “outperform” rating to a “neutral” rating and set a $155.00 price target on the stock. in a research report on Tuesday, December 26th. Redburn Atlantic raised shares of United Parcel Service from a “neutral” rating to a “buy” rating and set a $180.00 price target on the stock in a research report on Wednesday, April 3rd. JPMorgan Chase & Co. lowered their price target on shares of United Parcel Service from $154.00 to $150.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 9th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of United Parcel Service from $183.00 to $179.00 and set a “buy” rating on the stock in a report on Thursday, March 28th. Finally, TheStreet raised shares of United Parcel Service from a “c” rating to a “b-” rating in a report on Tuesday, January 30th. One investment analyst has rated the stock with a sell rating, sixteen have assigned a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $165.61.

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.