Fiducient Advisors LLC Acquires Shares of 1,805 United Parcel Service, Inc. (NYSE:UPS)

Fiducient Advisors LLC acquired a new stake in United Parcel Service, Inc. (NYSE:UPS) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,805 shares of the transportation company’s stock, valued at approximately $284,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Tennessee Valley Asset Management Partners acquired a new stake in shares of United Parcel Service in the 4th quarter worth $26,000. OFI Invest Asset Management purchased a new stake in shares of United Parcel Service during the 3rd quarter valued at approximately $25,000. Life Planning Partners Inc acquired a new stake in United Parcel Service during the fourth quarter worth $28,000. Bourgeon Capital Management LLC acquired a new stake in shares of United Parcel Service during the 4th quarter worth about $31,000. Finally, VisionPoint Advisory Group LLC boosted its stake in United Parcel Service by 69.5% during the third quarter. VisionPoint Advisory Group LLC now owns 239 shares of the transportation company’s stock worth $37,000 after buying an additional 98 shares during the period. 60.26% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on UPS shares. JPMorgan Chase & Co. lowered their price objective on shares of United Parcel Service from $154.00 to $150.00 and set a “neutral” rating for the company in a research report on Tuesday, April 9th. Susquehanna lifted their target price on United Parcel Service from $150.00 to $160.00 and gave the company a “neutral” rating in a research report on Wednesday, April 24th. Raymond James lowered their price objective on shares of United Parcel Service from $185.00 to $175.00 and set a “strong-buy” rating for the company in a research note on Wednesday, January 31st. Argus cut United Parcel Service from a “buy” rating to a “hold” rating in a research note on Wednesday, January 31st. Finally, TheStreet upgraded shares of United Parcel Service from a “c” rating to a “b-” rating in a report on Tuesday, January 30th. One research analyst has rated the stock with a sell rating, fourteen have issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $165.23.

United Parcel Service Stock Performance

NYSE UPS traded down $1.08 during trading hours on Tuesday, hitting $147.47. 2,402,026 shares of the stock were exchanged, compared to its average volume of 4,286,620. United Parcel Service, Inc. has a 12-month low of $133.68 and a 12-month high of $192.98. The stock has a 50-day moving average of $149.54 and a 200 day moving average of $150.80. The company has a market cap of $125.74 billion, a price-to-earnings ratio of 21.37, a price-to-earnings-growth ratio of 1.69 and a beta of 1.05. The company has a quick ratio of 1.04, a current ratio of 1.10 and a debt-to-equity ratio of 1.11.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings results on Tuesday, April 23rd. The transportation company reported $1.43 EPS for the quarter, beating the consensus estimate of $1.33 by $0.10. The business had revenue of $21.70 billion during the quarter, compared to analysts’ expectations of $21.84 billion. United Parcel Service had a return on equity of 37.42% and a net margin of 6.60%. The company’s quarterly revenue was down 5.3% compared to the same quarter last year. During the same period last year, the firm earned $2.20 EPS. As a group, equities research analysts forecast that United Parcel Service, Inc. will post 8.23 earnings per share for the current year.

Insider Transactions at United Parcel Service

In related news, Director Eva C. Boratto bought 1,400 shares of the company’s stock in a transaction on Friday, February 2nd. The stock was bought at an average cost of $142.30 per share, with a total value of $199,220.00. Following the completion of the acquisition, the director now owns 1,400 shares in the company, valued at approximately $199,220. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.13% of the company’s stock.

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.