Integrated Advisors Network LLC Sells 8,184 Shares of United Parcel Service, Inc. $UPS

Integrated Advisors Network LLC cut its position in United Parcel Service, Inc. (NYSE:UPS) by 56.0% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,434 shares of the transportation company’s stock after selling 8,184 shares during the quarter. Integrated Advisors Network LLC’s holdings in United Parcel Service were worth $633,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC lifted its stake in United Parcel Service by 63.8% during the fourth quarter. Brighton Jones LLC now owns 12,126 shares of the transportation company’s stock worth $1,529,000 after purchasing an additional 4,723 shares during the last quarter. Sivia Capital Partners LLC bought a new position in shares of United Parcel Service in the 2nd quarter valued at $277,000. SVB Wealth LLC bought a new position in shares of United Parcel Service in the 2nd quarter valued at $848,000. Treasurer of the State of North Carolina lifted its position in shares of United Parcel Service by 2.7% during the 2nd quarter. Treasurer of the State of North Carolina now owns 342,866 shares of the transportation company’s stock worth $34,609,000 after buying an additional 9,124 shares during the last quarter. Finally, Ieq Capital LLC lifted its position in shares of United Parcel Service by 154.5% during the 2nd quarter. Ieq Capital LLC now owns 104,819 shares of the transportation company’s stock worth $10,580,000 after buying an additional 63,629 shares during the last quarter. Institutional investors own 60.26% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on UPS shares. Evercore decreased their target price on United Parcel Service from $115.00 to $113.00 and set an “in-line” rating on the stock in a research report on Wednesday, April 22nd. Citigroup increased their target price on shares of United Parcel Service from $127.00 to $132.00 and gave the stock a “buy” rating in a report on Thursday. UBS Group reduced their price target on shares of United Parcel Service from $125.00 to $123.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Weiss Ratings lowered shares of United Parcel Service from a “hold (c)” rating to a “sell (d+)” rating in a report on Friday, May 8th. Finally, Stephens upgraded shares of United Parcel Service to a “strong-buy” rating in a research report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, ten have given a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $111.10.

United Parcel Service News Summary

Here are the key news stories impacting United Parcel Service this week:

• Positive Sentiment: Citigroup raised its price target on UPS to $132 from $127 and kept a buy rating, implying meaningful upside from current levels. The bullish call supports sentiment around the stock. Benzinga report on Citigroup price-target increase
• Positive Sentiment: Stephens upgraded UPS to strong-buy, adding to the recent wave of favorable analyst commentary. Zacks report on Stephens upgrade
• Positive Sentiment: UPS drew unusual options activity, with traders buying 34,148 call options, about 33% above normal volume. Heavy call buying can signal bullish speculation.
• Positive Sentiment: UPS’s addition to key Russell defensive indexes could increase demand from index-linked funds and reinforce the stock’s defensive appeal. Yahoo Finance article on Russell defensive index addition
• Neutral Sentiment: Several articles highlighted that UPS remains heavily watched ahead of earnings, with some commentary arguing the company has a decent chance to beat estimates again based on its recent surprise history. Zacks earnings preview
• Negative Sentiment: Bearish commentary warned that UPS may face muted revenue growth, margin pressure, and possible dividend risk if free cash flow remains weak, which could cap further upside. Seeking Alpha bearish analysis
• Negative Sentiment: Another analysis said recent progress could be short-lived and pointed to intensified competition from Amazon’s logistics expansion as a threat to UPS’s growth and margins. Seeking Alpha consolidation analysis

United Parcel Service Stock Performance

NYSE UPS opened at $110.62 on Friday. United Parcel Service, Inc. has a twelve month low of $82.00 and a twelve month high of $122.41. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 1.50. The company has a market capitalization of $94.03 billion, a price-to-earnings ratio of 17.90, a PEG ratio of 1.75 and a beta of 1.05. The stock has a fifty day simple moving average of $105.23 and a 200 day simple moving average of $105.54.

United Parcel Service (NYSE:UPS) last released its earnings results on Tuesday, April 28th. The transportation company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.05. The business had revenue of $21.20 billion for the quarter, compared to analyst estimates of $20.99 billion. United Parcel Service had a net margin of 5.94% and a return on equity of 35.95%. United Parcel Service’s revenue for the quarter was down 1.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.49 earnings per share. Sell-side analysts expect that United Parcel Service, Inc. will post 7.11 EPS for the current year.

United Parcel Service Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, May 18th were issued a dividend of $1.64 per share. The ex-dividend date was Monday, May 18th. This represents a $6.56 annualized dividend and a yield of 5.9%. United Parcel Service’s dividend payout ratio is presently 106.15%.

United Parcel Service 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.