Coppell Advisory Solutions LLC Cuts Holdings in United Parcel Service, Inc. (NYSE:UPS)

Coppell Advisory Solutions LLC lessened its stake in United Parcel Service, Inc. (NYSE:UPS) by 19.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 16,266 shares of the transportation company’s stock after selling 3,892 shares during the quarter. Coppell Advisory Solutions LLC’s holdings in United Parcel Service were worth $2,038,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. IMG Wealth Management Inc. purchased a new position in United Parcel Service in the fourth quarter valued at $25,000. Generali Investments Management Co LLC purchased a new stake in United Parcel Service during the fourth quarter worth approximately $26,000. IFS Advisors LLC boosted its holdings in United Parcel Service by 232.3% in the fourth quarter. IFS Advisors LLC now owns 216 shares of the transportation company’s stock valued at $27,000 after purchasing an additional 151 shares in the last quarter. Runnymede Capital Advisors Inc. acquired a new stake in United Parcel Service during the fourth quarter worth approximately $30,000. Finally, Transce3nd LLC purchased a new stake in shares of United Parcel Service during the 4th quarter worth approximately $33,000. 60.26% of the stock is owned by institutional investors and hedge funds.

United Parcel Service Price Performance

Shares of NYSE:UPS opened at $96.84 on Wednesday. United Parcel Service, Inc. has a 12 month low of $90.55 and a 12 month high of $153.42. The firm has a market capitalization of $82.72 billion, a price-to-earnings ratio of 14.33, a price-to-earnings-growth ratio of 1.55 and a beta of 1.10. The business’s 50 day simple moving average is $109.66 and its 200-day simple moving average is $122.19. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.17 and a quick ratio of 1.14.

United Parcel Service (NYSE:UPS) last posted its earnings results on Thursday, January 30th. The transportation company reported $2.75 earnings per share for the quarter, beating the consensus estimate of $2.52 by $0.23. United Parcel Service had a return on equity of 39.13% and a net margin of 6.35%. During the same period last year, the business earned $2.47 EPS. As a group, equities analysts forecast that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.

United Parcel Service Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Tuesday, February 18th were issued a $1.64 dividend. This represents a $6.56 annualized dividend and a dividend yield of 6.77%. The ex-dividend date was Tuesday, February 18th. This is an increase from United Parcel Service’s previous quarterly dividend of $1.63. United Parcel Service’s dividend payout ratio is 97.04%.

Analyst Ratings Changes

UPS has been the topic of several research analyst reports. Loop Capital cut their price target on shares of United Parcel Service from $120.00 to $115.00 and set a “hold” rating on the stock in a research note on Monday, February 3rd. Wolfe Research cut their target price on United Parcel Service from $133.00 to $113.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 9th. Barclays dropped their price target on United Parcel Service from $100.00 to $90.00 and set an “underweight” rating on the stock in a research note on Monday, March 31st. Raymond James reduced their price objective on United Parcel Service from $145.00 to $130.00 and set a “strong-buy” rating for the company in a research note on Wednesday, April 9th. Finally, Morgan Stanley lowered their price objective on shares of United Parcel Service from $100.00 to $82.00 and set an “underweight” rating on the stock in a research report on Friday, January 31st. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $128.74.

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.