Boston Trust Walden Corp Decreases Stake in United Parcel Service, Inc. $UPS

Boston Trust Walden Corp trimmed its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 21.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 396,947 shares of the transportation company’s stock after selling 107,469 shares during the period. Boston Trust Walden Corp’s holdings in United Parcel Service were worth $33,157,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in UPS. Brighton Jones LLC grew its stake in shares of United Parcel Service by 63.8% during the fourth quarter. Brighton Jones LLC now owns 12,126 shares of the transportation company’s stock worth $1,529,000 after purchasing an additional 4,723 shares in the last quarter. State of Wyoming lifted its holdings in United Parcel Service by 4,192.3% during the 1st quarter. State of Wyoming now owns 558 shares of the transportation company’s stock worth $61,000 after buying an additional 545 shares during the last quarter. WPG Advisers LLC acquired a new position in shares of United Parcel Service during the 1st quarter worth about $38,000. Canada Pension Plan Investment Board increased its holdings in shares of United Parcel Service by 81.3% in the 1st quarter. Canada Pension Plan Investment Board now owns 331,835 shares of the transportation company’s stock valued at $36,499,000 after acquiring an additional 148,839 shares during the last quarter. Finally, Vident Advisory LLC increased its holdings in shares of United Parcel Service by 31.7% in the 1st quarter. Vident Advisory LLC now owns 26,142 shares of the transportation company’s stock valued at $2,875,000 after acquiring an additional 6,296 shares during the last quarter. Hedge funds and other institutional investors own 60.26% of the company’s stock.

United Parcel Service Trading Down 0.9%

NYSE UPS opened at $99.61 on Tuesday. The firm’s fifty day moving average is $95.80 and its two-hundred day moving average is $92.78. United Parcel Service, Inc. has a one year low of $82.00 and a one year high of $136.99. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.30 and a current ratio of 1.30. The firm has a market cap of $84.50 billion, a PE ratio of 15.39, a P/E/G ratio of 2.39 and a beta of 1.11.

United Parcel Service (NYSE:UPS) last released its quarterly earnings results on Tuesday, October 28th. The transportation company reported $1.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.31 by $0.43. The firm had revenue of $21.42 billion for the quarter, compared to analyst estimates of $20.94 billion. United Parcel Service had a return on equity of 40.07% and a net margin of 6.15%.The business’s revenue was down 3.7% on a year-over-year basis. During the same quarter last year, the company posted $1.76 earnings per share. Analysts expect that United Parcel Service, Inc. will post 7.95 earnings per share for the current year.

United Parcel Service Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, December 4th. Stockholders of record on Monday, November 17th were issued a $1.64 dividend. The ex-dividend date of this dividend was Monday, November 17th. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.6%. United Parcel Service’s payout ratio is presently 101.39%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Wall Street Zen raised United Parcel Service from a “sell” rating to a “hold” rating in a report on Saturday, November 1st. UBS Group upped their target price on shares of United Parcel Service from $110.00 to $113.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Wells Fargo & Company increased their target price on shares of United Parcel Service from $91.00 to $96.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 29th. Stifel Nicolaus boosted their price target on shares of United Parcel Service from $110.00 to $112.00 and gave the company a “buy” rating in a research report on Tuesday, December 16th. Finally, BMO Capital Markets restated a “market perform” rating and issued a $96.00 price objective (down previously from $125.00) on shares of United Parcel Service in a research note on Friday, September 19th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, sixteen have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $110.09.

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.