Compass Wealth Management LLC Purchases New Stake in United Parcel Service, Inc. $UPS

Compass Wealth Management LLC acquired a new position in shares of United Parcel Service, Inc. (NYSE:UPS) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 35,876 shares of the transportation company’s stock, valued at approximately $2,997,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in UPS. Evelyn Partners Investment Management Europe Ltd boosted its position in shares of United Parcel Service by 110.1% during the 2nd quarter. Evelyn Partners Investment Management Europe Ltd now owns 250 shares of the transportation company’s stock valued at $25,000 after acquiring an additional 131 shares during the last quarter. Salzhauer Michael purchased a new position in United Parcel Service during the third quarter worth about $31,000. Physician Wealth Advisors Inc. boosted its holdings in United Parcel Service by 76.5% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 376 shares of the transportation company’s stock valued at $31,000 after purchasing an additional 163 shares during the last quarter. FNY Investment Advisers LLC acquired a new position in United Parcel Service in the 2nd quarter valued at about $34,000. Finally, Twin Peaks Wealth Advisors LLC purchased a new stake in shares of United Parcel Service in the 2nd quarter valued at approximately $34,000. Institutional investors and hedge funds own 60.26% of the company’s stock.

Insider Transactions at United Parcel Service

In other news, insider Norman M. Brothers, Jr. sold 25,014 shares of the business’s stock in a transaction dated Wednesday, January 28th. The stock was sold at an average price of $106.15, for a total transaction of $2,655,236.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.13% of the stock is owned by corporate insiders.

United Parcel Service Price Performance

Shares of UPS opened at $115.58 on Friday. The company has a market cap of $98.06 billion, a P/E ratio of 17.62, a PEG ratio of 1.84 and a beta of 1.11. United Parcel Service, Inc. has a fifty-two week low of $82.00 and a fifty-two week high of $123.70. The company has a quick ratio of 1.30, a current ratio of 1.22 and a debt-to-equity ratio of 1.45. The firm’s 50 day moving average price is $107.50 and its 200 day moving average price is $95.51.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings results on Tuesday, January 27th. The transportation company reported $2.38 EPS for the quarter, topping the consensus estimate of $2.20 by $0.18. United Parcel Service had a net margin of 6.28% and a return on equity of 38.30%. The business had revenue of $24.48 billion during the quarter, compared to the consensus estimate of $23.91 billion. During the same quarter in the previous year, the firm posted $2.75 earnings per share. The company’s quarterly revenue was down 3.2% compared to the same quarter last year. On average, research analysts forecast that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.

United Parcel Service Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 5th. Investors of record on Tuesday, February 17th will be paid a dividend of $1.64 per share. This represents a $6.56 annualized dividend and a yield of 5.7%. The ex-dividend date of this dividend is Tuesday, February 17th. United Parcel Service’s payout ratio is presently 100.00%.

Analysts Set New Price Targets

Several analysts have recently commented on UPS shares. Jefferies Financial Group lifted their price target on shares of United Parcel Service from $115.00 to $130.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. JPMorgan Chase & Co. lifted their target price on United Parcel Service from $99.00 to $107.00 and gave the company a “neutral” rating in a research report on Wednesday, January 28th. Truist Financial increased their price target on United Parcel Service from $120.00 to $130.00 and gave the stock a “buy” rating in a report on Wednesday, January 28th. Evercore raised their price objective on United Parcel Service from $94.00 to $113.00 and gave the stock an “in-line” rating in a research report on Wednesday, January 21st. Finally, Wolfe Research reaffirmed a “peer perform” rating on shares of United Parcel Service in a research report on Thursday, January 8th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, fourteen have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $113.67.

United Parcel Service Company 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.