10,200 Shares in United Parcel Service, Inc. $UPS Acquired by Bauman Advisory Group LLC

Bauman Advisory Group LLC bought a new position in shares of United Parcel Service, Inc. (NYSE:UPS) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 10,200 shares of the transportation company’s stock, valued at approximately $1,012,000. United Parcel Service accounts for approximately 0.8% of Bauman Advisory Group LLC’s holdings, making the stock its 25th largest position.

A number of other institutional investors have also recently bought and sold shares of the stock. University of Texas Texas AM Investment Management Co. bought a new position in shares of United Parcel Service during the fourth quarter worth about $25,000. IFC & Insurance Marketing Inc. acquired a new stake in United Parcel Service in the 4th quarter valued at approximately $25,000. Coston McIsaac & Partners lifted its stake in United Parcel Service by 77.8% in the 4th quarter. Coston McIsaac & Partners now owns 272 shares of the transportation company’s stock valued at $27,000 after acquiring an additional 119 shares in the last quarter. Torren Management LLC bought a new stake in United Parcel Service in the 4th quarter valued at approximately $29,000. Finally, Kemnay Advisory Services Inc. acquired a new position in United Parcel Service during the 4th quarter worth approximately $29,000. Institutional investors own 60.26% of the company’s stock.

Analyst Ratings Changes

UPS has been the subject of several research reports. Weiss Ratings cut shares of United Parcel Service from a “hold (c)” rating to a “sell (d+)” rating in a research note on Friday, May 8th. UBS Group decreased their target price on shares of United Parcel Service from $125.00 to $123.00 and set a “buy” rating for the company in a research report on Wednesday, April 29th. Evercore cut their price target on shares of 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. Susquehanna raised their price objective on United Parcel Service from $116.00 to $118.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Finally, Citigroup upped their target price on United Parcel Service from $118.00 to $127.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eleven have issued a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $111.50.

United Parcel Service Stock Up 0.2%

Shares of NYSE UPS opened at $105.29 on Friday. The stock has a market capitalization of $89.50 billion, a P/E ratio of 17.04, a PEG ratio of 1.67 and a beta of 1.05. The stock’s fifty day moving average is $104.00 and its 200 day moving average is $104.47. United Parcel Service, Inc. has a 52 week low of $82.00 and a 52 week high of $122.41. 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 (NYSE:UPS) last announced its quarterly earnings data on Tuesday, April 28th. The transportation company reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $20.99 billion. During the same period in the prior year, the company posted $1.49 earnings per share. The business’s revenue for the quarter was down 1.4% on a year-over-year basis. Sell-side analysts forecast that United Parcel Service, Inc. will post 7.1 earnings per share for the current fiscal year.

United Parcel Service Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, May 18th were issued a dividend of $1.64 per share. The ex-dividend date of this dividend was Monday, May 18th. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.2%. United Parcel Service’s payout ratio is 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.