Whittier Trust Co. of Nevada Inc. Cuts Holdings in United Parcel Service, Inc. (UPS)
Whittier Trust Co. of Nevada Inc. trimmed its position in United Parcel Service, Inc. (NYSE:UPS) by 8.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,278 shares of the transportation company’s stock after selling 1,534 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in United Parcel Service were worth $2,059,000 at the end of the most recent quarter.
Other large investors have also recently made changes to their positions in the company. Harel Insurance Investments & Financial Services Ltd. bought a new stake in United Parcel Service during the 3rd quarter worth approximately $120,000. Resources Investment Advisors Inc. increased its stake in United Parcel Service by 51.2% during the 4th quarter. Resources Investment Advisors Inc. now owns 1,235 shares of the transportation company’s stock worth $147,000 after purchasing an additional 418 shares in the last quarter. Choate Investment Advisors bought a new stake in United Parcel Service during the 2nd quarter worth approximately $203,000. First Midwest Bank Trust Division bought a new stake in United Parcel Service during the 3rd quarter worth approximately $203,000. Finally, Brightworth bought a new stake in United Parcel Service during the 3rd quarter worth approximately $203,000. Institutional investors and hedge funds own 54.10% of the company’s stock.
In related news, SVP Teri P. Mcclure sold 4,500 shares of the firm’s stock in a transaction on Monday, February 26th. The shares were sold at an average price of $106.80, for a total value of $480,600.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.59% of the stock is currently owned by company insiders.
United Parcel Service, Inc. (NYSE:UPS) opened at $109.72 on Friday. United Parcel Service, Inc. has a 52 week low of $102.12 and a 52 week high of $135.53. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 19.69. The firm has a market cap of $94,540.00, a price-to-earnings ratio of 20.66, a P/E/G ratio of 1.63 and a beta of 1.06.
United Parcel Service (NYSE:UPS) last released its earnings results on Thursday, February 1st. The transportation company reported $1.67 earnings per share for the quarter, beating the consensus estimate of $1.66 by $0.01. United Parcel Service had a net margin of 7.45% and a return on equity of 477.77%. The business had revenue of $18.83 billion during the quarter, compared to analysts’ expectations of $18.20 billion. During the same period last year, the business earned $1.63 earnings per share. The firm’s revenue was up 11.2% on a year-over-year basis. research analysts anticipate that United Parcel Service, Inc. will post 7.23 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Wednesday, March 7th. Investors of record on Tuesday, February 20th were paid a $0.91 dividend. The ex-dividend date was Friday, February 16th. This is a boost from United Parcel Service’s previous quarterly dividend of $0.83. This represents a $3.64 annualized dividend and a dividend yield of 3.32%. United Parcel Service’s dividend payout ratio (DPR) is currently 68.55%.
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About United Parcel Service
United Parcel Service, Inc (UPS) is a package delivery company. The Company is a provider of global supply chain management solutions. The Company operates through three segments: U.S. Domestic Package operations, International Package operations, and Supply Chain & Freight operations. As of December 31, 2016, the Company delivered packages in over 220 countries and territories.
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