Twin Capital Management Inc. Purchases Shares of 11,212 United Parcel Service, Inc. $UPS

Twin Capital Management Inc. acquired a new stake in shares of United Parcel Service, Inc. (NYSE:UPS) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 11,212 shares of the transportation company’s stock, valued at approximately $1,112,000.

Other institutional investors have also bought and sold shares of the company. Coston McIsaac & Partners grew its position in United Parcel Service by 77.8% in the fourth quarter. Coston McIsaac & Partners now owns 272 shares of the transportation company’s stock worth $27,000 after acquiring an additional 119 shares in the last quarter. Torren Management LLC purchased a new position in United Parcel Service in the fourth quarter worth about $29,000. Physician Wealth Advisors Inc. grew its position in United Parcel Service by 76.5% in the third quarter. Physician Wealth Advisors Inc. now owns 376 shares of the transportation company’s stock worth $31,000 after acquiring an additional 163 shares in the last quarter. Elyxium Wealth LLC purchased a new position in United Parcel Service in the fourth quarter worth about $40,000. Finally, Activest Wealth Management grew its position in United Parcel Service by 144.3% in the fourth quarter. Activest Wealth Management now owns 408 shares of the transportation company’s stock worth $40,000 after acquiring an additional 241 shares in the last quarter. Institutional investors own 60.26% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on UPS. Oppenheimer raised their price objective on shares of United Parcel Service from $107.00 to $115.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 28th. HSBC raised shares of United Parcel Service from a “hold” rating to a “buy” rating in a research note on Wednesday, January 28th. Wells Fargo & Company raised their price objective on shares of United Parcel Service from $96.00 to $110.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 28th. JPMorgan Chase & Co. raised their price objective on shares of United Parcel Service from $99.00 to $107.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 28th. Finally, BMO Capital Markets raised their price objective on shares of United Parcel Service from $105.00 to $110.00 and gave the stock a “market perform” rating in a research note on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eleven have given a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, United Parcel Service has a consensus rating of “Hold” and an average price target of $111.87.

United Parcel Service Stock Performance

United Parcel Service stock opened at $98.27 on Friday. The company has a 50 day moving average price of $100.33 and a 200-day moving average price of $102.73. 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 fifty-two week low of $82.00 and a fifty-two week high of $122.41. The company has a market capitalization of $83.53 billion, a PE ratio of 15.90, a P/E/G ratio of 1.57 and a beta of 1.06.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings results on Tuesday, April 28th. The transportation company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.05. United Parcel Service had a net margin of 5.94% and a return on equity of 35.95%. The firm had revenue of $21.20 billion during the quarter, compared to the consensus estimate of $20.99 billion. During the same quarter in the previous year, the firm posted $1.49 earnings per share. The company’s revenue was down 1.4% on a year-over-year basis. As a group, equities analysts forecast that United Parcel Service, Inc. will post 7.1 earnings per share for the current year.

United Parcel Service Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Monday, May 18th will be paid a dividend of $1.64 per share. This represents a $6.56 annualized dividend and a dividend yield of 6.7%. The ex-dividend date of this dividend is Monday, May 18th. United Parcel Service’s payout ratio is currently 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.