United Parcel Service, Inc. (NYSE:UPS) Shares Sold by CHICAGO TRUST Co NA

CHICAGO TRUST Co NA trimmed its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 25.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,411 shares of the transportation company’s stock after selling 1,873 shares during the period. CHICAGO TRUST Co NA’s holdings in United Parcel Service were worth $804,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of UPS. Harbor Capital Advisors Inc. increased its position in United Parcel Service by 0.4% in the fourth quarter. Harbor Capital Advisors Inc. now owns 17,530 shares of the transportation company’s stock worth $2,756,000 after buying an additional 64 shares during the period. First Financial Corp IN lifted its position in United Parcel Service by 24.2% in the 4th quarter. First Financial Corp IN now owns 334 shares of the transportation company’s stock valued at $53,000 after purchasing an additional 65 shares during the last quarter. Gleason Group Inc. boosted its stake in United Parcel Service by 1.1% during the 4th quarter. Gleason Group Inc. now owns 6,351 shares of the transportation company’s stock valued at $999,000 after purchasing an additional 66 shares during the period. Cullen Investment Group LTD. increased its stake in shares of United Parcel Service by 0.7% in the first quarter. Cullen Investment Group LTD. now owns 9,921 shares of the transportation company’s stock valued at $1,480,000 after purchasing an additional 68 shares during the period. Finally, Advisors Capital Management LLC raised its holdings in shares of United Parcel Service by 0.5% during the third quarter. Advisors Capital Management LLC now owns 15,085 shares of the transportation company’s stock valued at $2,351,000 after buying an additional 69 shares during the last quarter. 60.26% of the stock is currently owned by institutional investors.

United Parcel Service Trading Up 1.5 %

NYSE UPS opened at $138.61 on Tuesday. The company has a current ratio of 1.10, a quick ratio of 1.04 and a debt-to-equity ratio of 1.11. United Parcel Service, Inc. has a 1-year low of $132.90 and a 1-year high of $192.98. The firm’s fifty day simple moving average is $142.22 and its 200-day simple moving average is $149.06. The company has a market capitalization of $118.59 billion, a PE ratio of 20.09, a price-to-earnings-growth ratio of 1.73 and a beta of 1.01.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings results on Tuesday, April 23rd. The transportation company reported $1.43 earnings per share (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 analyst estimates of $21.84 billion. United Parcel Service had a return on equity of 37.42% and a net margin of 6.60%. The firm’s revenue was down 5.3% on a year-over-year basis. During the same period in the previous year, the company earned $2.20 EPS. As a group, sell-side analysts anticipate that United Parcel Service, Inc. will post 8.22 earnings per share for the current fiscal year.

United Parcel Service Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 30th. Investors of record on Monday, May 13th were paid a $1.63 dividend. This represents a $6.52 annualized dividend and a dividend yield of 4.70%. The ex-dividend date was Friday, May 10th. United Parcel Service’s payout ratio is presently 94.49%.

Wall Street Analyst Weigh In

Several analysts have weighed in on UPS shares. Stifel Nicolaus cut their target price on United Parcel Service from $178.00 to $170.00 and set a “buy” rating on the stock in a research note on Thursday, March 28th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of United Parcel Service from $183.00 to $179.00 and set a “buy” rating for the company in a report on Thursday, March 28th. Bank of America raised their target price on shares of United Parcel Service from $157.00 to $160.00 and gave the company a “neutral” rating in a research note on Wednesday, April 24th. BMO Capital Markets upped their price target on shares of United Parcel Service from $165.00 to $169.00 and gave the stock a “market perform” rating in a research note on Wednesday, April 24th. Finally, TD Cowen lowered their price objective on shares of United Parcel Service from $147.00 to $140.00 and set a “hold” rating on the stock in a research note on Thursday, March 28th. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, United Parcel Service presently has an average rating of “Hold” and an average price target of $164.55.

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.