Capital Investment Advisors LLC Sells 10,483 Shares of United Parcel Service, Inc. $UPS

Capital Investment Advisors LLC decreased its position in shares of United Parcel Service, Inc. (NYSE:UPSFree Report) by 7.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 129,922 shares of the transportation company’s stock after selling 10,483 shares during the period. Capital Investment Advisors LLC’s holdings in United Parcel Service were worth $12,887,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Twin Peaks Wealth Advisors LLC bought a new stake in shares of United Parcel Service during the second quarter valued at approximately $34,000. Salzhauer Michael bought a new position in shares of United Parcel Service during the third quarter worth $31,000. Physician Wealth Advisors Inc. boosted its position in shares of United Parcel Service by 76.5% during the third quarter. Physician Wealth Advisors Inc. now owns 376 shares of the transportation company’s stock worth $31,000 after acquiring an additional 163 shares during the last quarter. Avion Wealth grew its stake in United Parcel Service by 284.1% during the third quarter. Avion Wealth now owns 434 shares of the transportation company’s stock valued at $36,000 after acquiring an additional 321 shares in the last quarter. Finally, Winch Advisory Services LLC grew its stake in United Parcel Service by 37.3% during the third quarter. Winch Advisory Services LLC now owns 456 shares of the transportation company’s stock valued at $38,000 after acquiring an additional 124 shares in the last quarter. Hedge funds and other institutional investors own 60.26% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on UPS shares. Citigroup reduced their price target on shares of United Parcel Service from $126.00 to $120.00 and set a “buy” rating on the stock in a report on Wednesday, January 28th. Jefferies Financial Group increased their price objective on shares of United Parcel Service from $115.00 to $130.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. BNP Paribas Exane lowered United Parcel Service from a “neutral” rating to an “underperform” rating and set a $85.00 price objective for the company. in a research report on Tuesday, January 13th. Oppenheimer boosted their target price on United Parcel Service from $107.00 to $115.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 28th. Finally, Wells Fargo & Company increased their price target on United Parcel Service from $96.00 to $110.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 28th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, fourteen have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $113.67.

Get Our Latest Analysis on UPS

United Parcel Service Stock Down 2.8%

Shares of NYSE:UPS opened at $94.78 on Friday. The firm has a market capitalization of $80.47 billion, a PE ratio of 14.45, a price-to-earnings-growth ratio of 1.53 and a beta of 1.08. The business has a 50 day simple moving average of $108.17 and a two-hundred day simple moving average of $98.64. United Parcel Service, Inc. has a 1 year low of $82.00 and a 1 year high of $122.41. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.22 and a quick ratio of 1.22.

United Parcel Service (NYSE:UPSGet Free Report) last issued its quarterly earnings results on Tuesday, January 27th. The transportation company reported $2.38 earnings per share for the quarter, topping the consensus estimate of $2.20 by $0.18. United Parcel Service had a return on equity of 38.30% and a net margin of 6.28%.The firm had revenue of $24.48 billion for the quarter, compared to the consensus estimate of $23.91 billion. During the same period in the prior year, the business posted $2.75 earnings per share. The company’s revenue for the quarter was down 3.2% on a year-over-year basis. On average, equities analysts predict that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 5th. Shareholders of record on Tuesday, February 17th were paid a $1.64 dividend. The ex-dividend date was Tuesday, February 17th. This represents a $6.56 dividend on an annualized basis and a yield of 6.9%. United Parcel Service’s dividend payout ratio (DPR) is presently 100.00%.

Insider Buying and Selling at United Parcel Service

In other news, insider Norman M. Brothers, Jr. sold 25,014 shares of the business’s stock in a transaction on Wednesday, January 28th. The shares were sold at an average price of $106.15, for a total transaction of $2,655,236.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.13% of the company’s stock.

Key United Parcel Service News

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About United Parcel Service

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for United Parcel Service (NYSE:UPS)

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