StrategIQ Financial Group LLC has increased its holdings in United Parcel Service, Inc. (UPS:NYE) by 22.3% in the fourth quarter, according to the latest Form 13F filing with the Securities and Exchange Commission. The company’s stake now stands at 77,009 shares, making up about 1.6% of StrategIQ Financial Group LLC’s holdings and the UPS stock is now the firm’s 14th largest holding. The stake is worth $13,387,000 at the end of the most recent quarter.
Several other large investors have also recently increased or decreased their stakes in UPS. Additionally, insiders have sold a total of 54,341 shares of company stock valued at $9,848,061 over the last 90 days.
United Parcel Service’s stock currently trades at $183.49 with a market cap of $157.57 billion, a price-to-earnings ratio of 13.90, a PEG ratio of 2.24, and a beta of 1.08. The company has a fifty-two-week low of $154.87 and a fifty-two-week high of $223.97.
UPS Stock Forecast:
Based on the UPS stock forecasts from 32 analysts, the average analyst target price for United Parcel Service Inc is USD 196.44 over the next 12 months. United Parcel Service Inc’s average analyst rating is Strong Buy.
Stock Target Advisor’s own stock analysis of United Parcel Service Inc is Bullish, which is based on 10 positive signals and 4 negative signals. At the last closing, UPS stock price was USD 183.49. United Parcel Service Inc’s stock price has changed by +0.69% over the past week, +0.15% over the past month, and -16.51% over the last year.
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 company also provides international air and ocean freight forwarding, post-sales, and mail and consulting services. In addition, it offers truckload brokerage services; supply chain solutions to the healthcare and life sciences industries; financial and information services; and fulfillment and transportation management services. United Parcel Service, Inc. was founded in 1907 and is headquartered in Atlanta, Georgia.
