United Parcel Service, Inc. (NYSE:UPS) Position Increased by Slow Capital Inc.

Slow Capital Inc. raised its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 1.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,357 shares of the transportation company’s stock after buying an additional 134 shares during the period. Slow Capital Inc.’s holdings in United Parcel Service were worth $1,943,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in UPS. Charles Schwab Investment Management Inc. raised its holdings in shares of United Parcel Service by 4.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 15,889,570 shares of the transportation company’s stock valued at $2,456,055,000 after purchasing an additional 628,944 shares in the last quarter. International Assets Investment Management LLC grew its stake in United Parcel Service by 15,631.2% in the 4th quarter. International Assets Investment Management LLC now owns 14,502,261 shares of the transportation company’s stock valued at $2,280,190,000 after buying an additional 14,410,073 shares during the last quarter. Wellington Management Group LLP grew its stake in United Parcel Service by 31.7% in the 3rd quarter. Wellington Management Group LLP now owns 9,677,202 shares of the transportation company’s stock valued at $1,508,385,000 after buying an additional 2,331,875 shares during the last quarter. Northern Trust Corp grew its stake in United Parcel Service by 0.6% in the 1st quarter. Northern Trust Corp now owns 9,273,417 shares of the transportation company’s stock valued at $1,988,777,000 after buying an additional 54,401 shares during the last quarter. Finally, Morgan Stanley grew its stake in United Parcel Service by 33.7% in the 4th quarter. Morgan Stanley now owns 7,730,090 shares of the transportation company’s stock valued at $1,343,799,000 after buying an additional 1,949,775 shares during the last quarter. 60.26% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently issued reports on UPS. BMO Capital Markets raised their target price on shares of United Parcel Service from $160.00 to $165.00 and gave the company a “market perform” rating in a research note on Wednesday, March 27th. Redburn Atlantic upgraded shares of United Parcel Service from a “neutral” rating to a “buy” rating and set a $180.00 price target on the stock in a research report on Wednesday, April 3rd. Oppenheimer restated an “outperform” rating and issued a $153.00 price target on shares of United Parcel Service in a research report on Wednesday, March 27th. TD Cowen decreased their price target on shares of United Parcel Service from $147.00 to $140.00 and set a “hold” rating on the stock in a research report on Thursday, March 28th. Finally, Susquehanna restated a “neutral” rating and issued a $150.00 price target on shares of United Parcel Service in a research report on Wednesday, March 27th. One investment analyst has rated the stock with a sell rating, sixteen have given a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, United Parcel Service currently has a consensus rating of “Hold” and a consensus price target of $165.61.

Insider Transactions at United Parcel Service

In other news, Director Eva C. Boratto bought 1,400 shares of the company’s stock in a transaction dated Friday, February 2nd. The shares were bought at an average cost of $142.30 per share, with a total value of $199,220.00. Following the acquisition, the director now owns 1,400 shares in the company, valued at $199,220. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.13% of the company’s stock.

United Parcel Service Stock Down 1.4 %

Shares of United Parcel Service stock traded down $1.96 during trading hours on Wednesday, reaching $142.89. 4,197,107 shares of the company’s stock were exchanged, compared to its average volume of 4,529,379. The company has a 50 day moving average of $149.75 and a two-hundred day moving average of $151.40. United Parcel Service, Inc. has a fifty-two week low of $133.68 and a fifty-two week high of $197.80. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.09. The stock has a market cap of $121.84 billion, a P/E ratio of 18.34, a P/E/G ratio of 1.68 and a beta of 1.05.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Tuesday, January 30th. The transportation company reported $2.47 EPS for the quarter, topping analysts’ consensus estimates of $2.46 by $0.01. United Parcel Service had a net margin of 7.37% and a return on equity of 39.46%. The company had revenue of $24.92 billion during the quarter, compared to the consensus estimate of $25.40 billion. During the same period in the prior year, the business posted $3.62 EPS. The company’s quarterly revenue was down 7.8% on a year-over-year basis. On average, sell-side analysts forecast that United Parcel Service, Inc. will post 8.2 EPS for the current fiscal year.

United Parcel Service Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 8th. Stockholders of record on Tuesday, February 20th were paid a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a dividend yield of 4.56%. This is an increase from United Parcel Service’s previous quarterly dividend of $1.62. The ex-dividend date of this dividend was Friday, February 16th. United Parcel Service’s dividend payout ratio is currently 83.70%.

United Parcel Service 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.