United Parcel Service, Inc. (NYSE:UPS) Shares Acquired by Bryn Mawr Capital Management LLC

Bryn Mawr Capital Management LLC increased its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 2,235.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 157,890 shares of the transportation company’s stock after acquiring an additional 151,130 shares during the quarter. Bryn Mawr Capital Management LLC’s holdings in United Parcel Service were worth $19,910,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of UPS. IFS Advisors LLC increased its position in shares of United Parcel Service by 232.3% during the fourth quarter. IFS Advisors LLC now owns 216 shares of the transportation company’s stock worth $27,000 after purchasing an additional 151 shares in the last quarter. True Wealth Design LLC grew its stake in United Parcel Service by 397.7% during the 3rd quarter. True Wealth Design LLC now owns 214 shares of the transportation company’s stock worth $29,000 after buying an additional 171 shares during the last quarter. PSI Advisors LLC increased its position in United Parcel Service by 408.2% during the third quarter. PSI Advisors LLC now owns 249 shares of the transportation company’s stock worth $34,000 after buying an additional 200 shares during the period. Princeton Global Asset Management LLC lifted its stake in United Parcel Service by 720.0% in the third quarter. Princeton Global Asset Management LLC now owns 246 shares of the transportation company’s stock valued at $34,000 after buying an additional 216 shares during the last quarter. Finally, FSA Wealth Management LLC acquired a new stake in shares of United Parcel Service in the third quarter valued at approximately $36,000. 60.26% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at United Parcel Service

In related news, insider Norman M. Brothers, Jr. sold 7,325 shares of United Parcel Service stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $138.57, for a total transaction of $1,015,025.25. Following the completion of the sale, the insider now owns 45,098 shares in the company, valued at approximately $6,249,229.86. This trade represents a 13.97 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.13% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of brokerages recently weighed in on UPS. JPMorgan Chase & Co. decreased their price target on shares of United Parcel Service from $135.00 to $120.00 and set a “neutral” rating for the company in a research note on Friday, January 31st. Argus upgraded shares of United Parcel Service from a “hold” rating to a “buy” rating in a research note on Tuesday, November 5th. BMO Capital Markets upgraded United Parcel Service from a “market perform” rating to an “outperform” rating and dropped their price target for the company from $155.00 to $150.00 in a research report on Tuesday, December 10th. Raymond James decreased their price objective on United Parcel Service from $155.00 to $145.00 and set a “strong-buy” rating for the company in a research report on Friday, January 31st. Finally, Wolfe Research raised United Parcel Service from a “peer perform” rating to an “outperform” rating and set a $147.00 target price on the stock in a report on Wednesday, January 8th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $140.73.

United Parcel Service Trading Down 0.4 %

Shares of UPS opened at $114.96 on Thursday. United Parcel Service, Inc. has a twelve month low of $109.40 and a twelve month high of $158.95. The company has a current ratio of 1.17, a quick ratio of 1.14 and a debt-to-equity ratio of 1.16. The firm has a market capitalization of $98.11 billion, a P/E ratio of 17.01, a PEG ratio of 1.54 and a beta of 0.98. The firm’s 50-day moving average is $123.71 and its two-hundred day moving average is $128.48.

United Parcel Service (NYSE:UPS) last released its quarterly earnings results on Thursday, January 30th. The transportation company reported $2.75 earnings per share for the quarter, topping analysts’ consensus estimates 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 in the previous year, the company posted $2.47 EPS. On average, research analysts predict 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 disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Tuesday, February 18th will be paid a $1.64 dividend. This represents a $6.56 dividend on an annualized basis and a yield of 5.71%. This is a boost from United Parcel Service’s previous quarterly dividend of $1.63. The ex-dividend date is Tuesday, February 18th. United Parcel Service’s dividend payout ratio is presently 97.04%.

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.