Capital Advisors Inc. OK Reduces Stake in United Parcel Service, Inc. (NYSE:UPS)

Capital Advisors Inc. OK cut its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 3.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 9,206 shares of the transportation company’s stock after selling 339 shares during the period. Capital Advisors Inc. OK’s holdings in United Parcel Service were worth $1,255,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in UPS. Norden Group LLC lifted its stake in shares of United Parcel Service by 32.2% in the 1st quarter. Norden Group LLC now owns 5,756 shares of the transportation company’s stock valued at $855,000 after purchasing an additional 1,401 shares during the period. Tokio Marine Asset Management Co. Ltd. lifted its position in United Parcel Service by 11.1% during the first quarter. Tokio Marine Asset Management Co. Ltd. now owns 16,983 shares of the transportation company’s stock valued at $2,524,000 after buying an additional 1,696 shares during the period. Fidelis Capital Partners LLC boosted its holdings in shares of United Parcel Service by 16.0% during the 1st quarter. Fidelis Capital Partners LLC now owns 2,810 shares of the transportation company’s stock valued at $418,000 after buying an additional 387 shares in the last quarter. Bryn Mawr Capital Management LLC grew its position in shares of United Parcel Service by 57.7% in the 1st quarter. Bryn Mawr Capital Management LLC now owns 9,201 shares of the transportation company’s stock worth $1,368,000 after buying an additional 3,367 shares during the period. Finally, Lincoln National Corp grew its position in shares of United Parcel Service by 12.6% in the 1st quarter. Lincoln National Corp now owns 16,823 shares of the transportation company’s stock worth $2,500,000 after buying an additional 1,887 shares during the period. Institutional investors own 60.26% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on UPS shares. Citigroup began coverage on shares of United Parcel Service in a research report on Wednesday, October 9th. They set a “buy” rating and a $162.00 price target for the company. Stifel Nicolaus lifted their target price on shares of United Parcel Service from $151.00 to $156.00 and gave the company a “buy” rating in a report on Friday, October 25th. StockNews.com upgraded United Parcel Service from a “hold” rating to a “buy” rating in a research note on Monday, October 28th. Wells Fargo & Company boosted their target price on United Parcel Service from $134.00 to $142.00 and gave the stock an “overweight” rating in a report on Thursday, October 10th. Finally, Susquehanna raised their price target on United Parcel Service from $135.00 to $140.00 and gave the company a “neutral” rating in a report on Friday, October 25th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $151.71.

United Parcel Service Stock Down 0.0 %

UPS stock opened at $134.05 on Friday. The business’s 50-day moving average is $131.51 and its two-hundred day moving average is $135.58. The company has a market cap of $114.82 billion, a price-to-earnings ratio of 20.25, a P/E/G ratio of 2.21 and a beta of 0.99. United Parcel Service, Inc. has a fifty-two week low of $123.12 and a fifty-two week high of $163.82. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.25 and a current ratio of 1.14.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings data on Thursday, October 24th. The transportation company reported $1.76 earnings per share for the quarter, topping the consensus estimate of $1.63 by $0.13. The firm had revenue of $22.20 billion for the quarter, compared to analysts’ expectations of $22.10 billion. United Parcel Service had a net margin of 6.25% and a return on equity of 37.38%. The business’s quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.57 EPS. As a group, analysts forecast that United Parcel Service, Inc. will post 7.47 earnings per share for the current year.

United Parcel Service Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 5th. Stockholders of record on Monday, August 19th were paid a $1.63 dividend. The ex-dividend date of this dividend was Monday, August 19th. This represents a $6.52 annualized dividend and a dividend yield of 4.86%. United Parcel Service’s dividend payout ratio (DPR) is 98.49%.

United Parcel Service 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 U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States.