Aull & Monroe Investment Management Corp boosted its stake in United Parcel Service Inc. (NYSE:UPS) by 0.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,431 shares of the company’s stock after buying an additional 50 shares during the period. United Parcel Service makes up approximately 1.3% of Aull & Monroe Investment Management Corp’s portfolio, making the stock its 24th largest position. Aull & Monroe Investment Management Corp’s holdings in United Parcel Service were worth $2,309,000 as of its most recent filing with the SEC.
A number of other large investors have also recently made changes to their positions in the company. Americafirst Capital Management LLC bought a new stake in United Parcel Service during the second quarter worth about $102,000. Security National Trust Co. raised its stake in United Parcel Service by 35.1% in the second quarter. Security National Trust Co. now owns 1,059 shares of the company’s stock worth $115,000 after buying an additional 275 shares during the period. Advisory Services Network LLC raised its stake in United Parcel Service by 17.4% in the second quarter. Advisory Services Network LLC now owns 1,206 shares of the company’s stock worth $130,000 after buying an additional 179 shares during the period. Kanaly Trust Co raised its stake in United Parcel Service by 1.3% in the second quarter. Kanaly Trust Co now owns 1,359 shares of the company’s stock worth $146,000 after buying an additional 17 shares during the period. Finally, Genovese Burford & Brothers Wealth & Retirement Plan Management LLC raised its stake in United Parcel Service by 0.3% in the second quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 1,465 shares of the company’s stock worth $157,000 after buying an additional 5 shares during the period. Institutional investors own 53.28% of the company’s stock.
Shares of United Parcel Service Inc. (NYSE:UPS) opened at 109.21 on Friday. United Parcel Service Inc. has a 52-week low of $87.30 and a 52-week high of $111.83. The firm has a market capitalization of $95.89 billion, a PE ratio of 19.63 and a beta of 0.91. The company has a 50-day moving average price of $109.11 and a 200 day moving average price of $106.16.
United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Friday, July 29th. The company reported $1.43 EPS for the quarter, hitting analysts’ consensus estimates of $1.43. The business had revenue of $14.60 billion for the quarter, compared to analyst estimates of $14.65 billion. United Parcel Service had a return on equity of 211.88% and a net margin of 8.41%. The firm’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same period in the previous year, the company posted $1.35 earnings per share. Analysts expect that United Parcel Service Inc. will post $5.81 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 31st. Stockholders of record on Tuesday, August 16th were paid a $0.78 dividend. The ex-dividend date of this dividend was Friday, August 12th. This represents a $3.12 dividend on an annualized basis and a dividend yield of 2.86%. United Parcel Service’s payout ratio is presently 56.01%.
A number of brokerages recently commented on UPS. Citigroup Inc. reissued a “hold” rating on shares of United Parcel Service in a report on Thursday, June 30th. Barclays PLC increased their price target on United Parcel Service from $110.00 to $115.00 and gave the company an “equal weight” rating in a report on Monday, September 12th. Morgan Stanley set a $91.00 price target on United Parcel Service and gave the company a “sell” rating in a report on Monday, August 1st. Zacks Investment Research raised United Parcel Service from a “hold” rating to a “buy” rating and set a $117.00 price target for the company in a report on Wednesday, June 29th. Finally, Argus increased their price target on United Parcel Service from $115.00 to $125.00 and gave the company a “buy” rating in a report on Tuesday, August 2nd. Two research analysts have rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $109.23.
In other news, insider James J. Barber sold 2,268 shares of United Parcel Service stock in a transaction dated Friday, August 12th. The stock was sold at an average price of $109.79, for a total value of $249,003.72. Following the transaction, the insider now directly owns 31,418 shares in the company, valued at $3,449,382.22. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.72% of the stock is owned by insiders.
United Parcel Service Company Profile
United Parcel Service, Inc (UPS) is a package delivery company. The Company is a provider of global supply chain management solutions. It delivers packages each business day in over 220 countries and territories. The Company operates in three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight.
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