Ausdal Financial Partners Inc. Has $353,000 Stock Position in United Parcel Service, Inc. (NYSE:UPS)

Ausdal Financial Partners Inc. trimmed its position in United Parcel Service, Inc. (NYSE:UPS) by 3.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,580 shares of the transportation company’s stock after selling 90 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in United Parcel Service were worth $353,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in UPS. TruNorth Capital Management LLC bought a new position in United Parcel Service during the second quarter worth about $28,000. Security National Bank bought a new position in United Parcel Service during the fourth quarter worth about $31,000. Pineridge Advisors LLC bought a new position in United Parcel Service during the fourth quarter worth about $31,000. Riverview Trust Co bought a new position in United Parcel Service during the second quarter worth about $32,000. Finally, Centerpoint Advisors LLC boosted its holdings in United Parcel Service by 291.7% during the second quarter. Centerpoint Advisors LLC now owns 235 shares of the transportation company’s stock worth $32,000 after buying an additional 175 shares during the last quarter. Institutional investors own 60.26% of the company’s stock.

United Parcel Service Trading Up 1.1 %

NYSE UPS opened at $128.88 on Tuesday. The stock has a market capitalization of $110.40 billion, a price-to-earnings ratio of 18.68, a PEG ratio of 1.88 and a beta of 0.99. The stock’s 50 day moving average price is $131.45 and its two-hundred day moving average price is $140.43. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.25 and a current ratio of 1.25. United Parcel Service, Inc. has a 52 week low of $123.12 and a 52 week high of $163.82.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings results on Tuesday, July 23rd. The transportation company reported $1.79 earnings per share for the quarter, missing the consensus estimate of $1.99 by ($0.20). The company had revenue of $21.82 billion for the quarter, compared to analyst estimates of $22.17 billion. United Parcel Service had a return on equity of 35.27% and a net margin of 5.87%. The firm’s revenue for the quarter was down 1.1% compared to the same quarter last year. During the same period last year, the firm earned $2.54 EPS. As a group, analysts anticipate that United Parcel Service, Inc. will post 7.43 earnings per share for the current fiscal year.

United Parcel Service Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 5th. Shareholders of record on Monday, August 19th were given a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a dividend yield of 5.06%. The ex-dividend date of this dividend was Monday, August 19th. United Parcel Service’s dividend payout ratio (DPR) is 94.49%.

Wall Street Analysts Forecast Growth

UPS has been the topic of a number of recent analyst reports. Stephens reduced their target price on United Parcel Service from $168.00 to $140.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 24th. Baird R W upgraded United Parcel Service to a “strong-buy” rating in a report on Wednesday, July 24th. Wells Fargo & Company cut their price objective on United Parcel Service from $156.00 to $134.00 and set an “overweight” rating on the stock in a report on Wednesday, July 24th. Barclays cut their price objective on United Parcel Service from $145.00 to $120.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 24th. Finally, UBS Group cut their price objective on United Parcel Service from $175.00 to $159.00 and set a “buy” rating on the stock in a report on Wednesday, July 24th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $151.20.

Insiders Place Their Bets

In related news, Director William R. Johnson purchased 5,000 shares of the stock in a transaction on Thursday, July 25th. The shares were purchased at an average price of $128.61 per share, with a total value of $643,050.00. Following the transaction, the director now directly owns 5,160 shares of the company’s stock, valued at $663,627.60. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 0.13% of the company’s stock.

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.