Capital Investment Advisors LLC Lowers Position in United Parcel Service, Inc. $UPS

Capital Investment Advisors LLC decreased its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 10.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 140,405 shares of the transportation company’s stock after selling 15,762 shares during the period. Capital Investment Advisors LLC’s holdings in United Parcel Service were worth $11,728,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in UPS. Vanguard Group Inc. grew its holdings in shares of United Parcel Service by 1.2% during the second quarter. Vanguard Group Inc. now owns 66,905,138 shares of the transportation company’s stock worth $6,753,405,000 after purchasing an additional 768,912 shares in the last quarter. State Street Corp lifted its position in United Parcel Service by 1.5% during the second quarter. State Street Corp now owns 30,774,530 shares of the transportation company’s stock valued at $3,106,381,000 after purchasing an additional 444,384 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in United Parcel Service by 3.0% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 25,792,139 shares of the transportation company’s stock worth $2,603,459,000 after buying an additional 746,667 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of United Parcel Service by 4.8% in the 2nd quarter. Geode Capital Management LLC now owns 16,623,834 shares of the transportation company’s stock worth $1,675,733,000 after buying an additional 762,407 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of United Parcel Service during the 2nd quarter valued at $851,842,000. 60.26% of the stock is currently owned by institutional investors.

United Parcel Service Price Performance

Shares of United Parcel Service stock opened at $107.01 on Friday. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.30 and a quick ratio of 1.30. United Parcel Service, Inc. has a one year low of $82.00 and a one year high of $136.99. The business’s 50 day simple moving average is $97.63 and its two-hundred day simple moving average is $93.02. The stock has a market capitalization of $90.78 billion, a P/E ratio of 16.54, a price-to-earnings-growth ratio of 2.38 and a beta of 1.11.

United Parcel Service (NYSE:UPS) last issued its earnings results on Tuesday, October 28th. The transportation company reported $1.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.43. United Parcel Service had a net margin of 6.15% and a return on equity of 40.07%. The firm had revenue of $21.42 billion for the quarter, compared to analysts’ expectations of $20.94 billion. During the same quarter last year, the business earned $1.76 earnings per share. The business’s revenue was down 3.7% on a year-over-year basis. Analysts forecast that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, December 4th. Shareholders of record on Monday, November 17th were issued a $1.64 dividend. This represents a $6.56 dividend on an annualized basis and a yield of 6.1%. The ex-dividend date of this dividend was Monday, November 17th. United Parcel Service’s dividend payout ratio (DPR) is 101.39%.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. JPMorgan Chase & Co. upped their target price on shares of United Parcel Service from $85.00 to $97.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 29th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of United Parcel Service in a research note on Wednesday, October 8th. Susquehanna increased their price objective on United Parcel Service from $100.00 to $105.00 and gave the company a “neutral” rating in a research report on Wednesday, October 29th. Wolfe Research restated a “peer perform” rating on shares of United Parcel Service in a research report on Thursday. Finally, UBS Group upped their target price on United Parcel Service from $113.00 to $116.00 and gave the stock a “buy” rating in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, seventeen have assigned a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $110.38.

United Parcel Service News Roundup

Here are the key news stories impacting United Parcel Service this week:

• Positive Sentiment: Margin-focused earnings beat highlighted by management’s “Efficiency Reimagined” actions — markets cheered improved margins and execution that drove the post-release rally. United Parcel Service (UPS) Is Up 6.3% After Margin-Focused Earnings Beat From Efficiency Reimagined
• Positive Sentiment: Citigroup raised its price target to $126 with a “buy” rating, implying roughly mid-teens upside versus current levels — a catalyst for further buying interest from institutional investors. Analyst Ratings (BayStreet.CA)
• Positive Sentiment: UBS also bumped its target to $116 and maintained a “buy” stance, reinforcing the analyst upgrade momentum supporting the stock. UBS price target raise (Benzinga)
• Positive Sentiment: Recent coverage notes UPS has outperformed the broader market recently, supporting the narrative that the company is stabilizing after prior volume and margin pressure. United Parcel Service (UPS) Surpasses Market Returns: Some Facts Worth Knowing
• Neutral Sentiment: Wolfe Research reiterated a “peer perform” rating — a neutral stance that may limit upside from that broker but doesn’t counter the recent buy-side upgrades. Wolfe Research peer perform reaffirmation
• Neutral Sentiment: Macro commentary: a Fed governor urged sizable rate cuts this year, which could be supportive for equities broadly (including cyclical logistics names) but timing/scale remain uncertain. Fed Governor Wants Huge Rate Cuts This Year
• Negative Sentiment: Comparisons to peers: analysis shows Wabtec (WAB) outpacing UPS on dividend profile and growth, a reminder investors may rotate to peers perceived as stronger yield/growth combos. UPS vs. WAB: Which Dividend-Paying Transportation Stock Has an Edge?

United Parcel Service Company Profile

United Parcel Service (NYSE: UPS) is a global package delivery and supply chain management company that provides a broad range of transportation, logistics and e-commerce services. Its core business centers on small-package delivery and last-mile distribution for business and individual customers, supported by a network of ground transportation, air cargo operations (UPS Airlines) and sorting facilities. In addition to parcel delivery, UPS offers freight transportation, contract logistics, warehousing, customs brokerage and reverse-logistics solutions designed to support domestic and international commerce.

The company traces its roots to 1907 when it began as a small messenger service in the United States and later evolved into the United Parcel Service.