United Parcel Service, Inc. (NYSE:UPS) Shares Acquired by MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH

MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH increased its holdings in United Parcel Service, Inc. (NYSE:UPS) by 28,327.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 186,198 shares of the transportation company’s stock after acquiring an additional 185,543 shares during the quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH’s holdings in United Parcel Service were worth $29,276,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the business. State Street Corp increased its holdings in shares of United Parcel Service by 1.3% in the 2nd quarter. State Street Corp now owns 28,354,781 shares of the transportation company’s stock valued at $5,082,594,000 after acquiring an additional 357,974 shares during the period. Charles Schwab Investment Management Inc. increased its stake in United Parcel Service by 4.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 15,889,570 shares of the transportation company’s stock valued at $2,456,055,000 after buying an additional 628,944 shares during the period. Wellington Management Group LLP increased its stake in United Parcel Service by 31.7% in the 3rd quarter. Wellington Management Group LLP now owns 9,677,202 shares of the transportation company’s stock valued at $1,508,385,000 after buying an additional 2,331,875 shares during the period. Northern Trust Corp increased its stake in United Parcel Service by 0.6% in the 1st quarter. Northern Trust Corp now owns 9,273,417 shares of the transportation company’s stock valued at $1,988,777,000 after buying an additional 54,401 shares during the period. Finally, Morgan Stanley increased its stake in United Parcel Service by 33.7% in the 4th quarter. Morgan Stanley now owns 7,730,090 shares of the transportation company’s stock valued at $1,343,799,000 after buying an additional 1,949,775 shares during the period. 60.26% of the stock is owned by institutional investors and hedge funds.

United Parcel Service Trading Up 0.9 %

UPS traded up $1.30 on Friday, reaching $148.63. 5,197,043 shares of the company’s stock were exchanged, compared to its average volume of 4,926,311. The company’s 50 day moving average is $150.49 and its 200-day moving average is $152.22. The company has a market cap of $126.73 billion, a price-to-earnings ratio of 19.08, a PEG ratio of 1.79 and a beta of 1.05. United Parcel Service, Inc. has a twelve month low of $133.68 and a twelve month high of $197.80. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.10 and a current ratio of 1.10.

United Parcel Service (NYSE:UPS) last posted its earnings results on Tuesday, January 30th. The transportation company reported $2.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.46 by $0.01. The firm had revenue of $24.92 billion during the quarter, compared to the consensus estimate of $25.40 billion. United Parcel Service had a net margin of 7.37% and a return on equity of 39.46%. The company’s revenue was down 7.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.62 EPS. Equities analysts predict that United Parcel Service, Inc. will post 8.28 earnings per share for the current year.

United Parcel Service Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 8th. Shareholders of record on Tuesday, February 20th were given a $1.63 dividend. This is an increase from United Parcel Service’s previous quarterly dividend of $1.62. The ex-dividend date was Friday, February 16th. This represents a $6.52 annualized dividend and a yield of 4.39%. United Parcel Service’s dividend payout ratio (DPR) is 83.70%.

Insider Buying and Selling at United Parcel Service

In other news, Director Eva C. Boratto acquired 1,400 shares of the stock in a transaction on Friday, February 2nd. The stock was bought at an average price of $142.30 per share, with a total value of $199,220.00. Following the completion of the transaction, the director now directly owns 1,400 shares of the company’s stock, valued at $199,220. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.13% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several brokerages have issued reports on UPS. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of United Parcel Service from $183.00 to $179.00 and set a “buy” rating on the stock in a research note on Thursday. Stifel Nicolaus dropped their price objective on shares of United Parcel Service from $178.00 to $170.00 and set a “buy” rating on the stock in a research note on Thursday. TheStreet upgraded shares of United Parcel Service from a “c” rating to a “b-” rating in a research report on Tuesday, January 30th. JPMorgan Chase & Co. reduced their target price on shares of United Parcel Service from $165.00 to $156.00 and set a “neutral” rating on the stock in a report on Thursday, December 21st. Finally, Susquehanna restated a “neutral” rating and issued a $150.00 target price on shares of United Parcel Service in a report on Wednesday. One analyst has rated the stock with a sell rating, sixteen have assigned a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $165.23.

United Parcel Service 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.