Capital World Investors Grows Stock Holdings in United Parcel Service, Inc. $UPS

Capital World Investors raised its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 0.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,943,264 shares of the transportation company’s stock after buying an additional 6,925 shares during the quarter. Capital World Investors owned about 0.23% of United Parcel Service worth $192,752,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in UPS. Coston McIsaac & Partners grew its holdings in United Parcel Service by 77.8% during the 4th quarter. Coston McIsaac & Partners now owns 272 shares of the transportation company’s stock valued at $27,000 after buying an additional 119 shares in the last quarter. Torren Management LLC bought a new stake in United Parcel Service in the 4th quarter valued at $29,000. Winch Advisory Services LLC increased its holdings in United Parcel Service by 37.3% in the 3rd 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 during the last quarter. Activest Wealth Management increased its holdings in United Parcel Service by 144.3% in the 4th quarter. Activest Wealth Management now owns 408 shares of the transportation company’s stock valued at $40,000 after acquiring an additional 241 shares during the last quarter. Finally, Elyxium Wealth LLC bought a new stake in United Parcel Service in the 4th quarter valued at $40,000. 60.26% of the stock is owned by hedge funds and other institutional investors.

United Parcel Service Stock Performance

United Parcel Service stock opened at $107.75 on Tuesday. The company’s 50-day moving average price is $102.39 and its 200-day moving average price is $103.73. United Parcel Service, Inc. has a twelve month low of $82.00 and a twelve month high of $122.41. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 1.50. The company has a market cap of $91.59 billion, a PE ratio of 17.44, a price-to-earnings-growth ratio of 1.73 and a beta of 1.05.

United Parcel Service (NYSE:UPS) last posted its earnings results on Tuesday, April 28th. The transportation company reported $1.07 earnings per share for the quarter, topping analysts’ consensus estimates of $1.02 by $0.05. United Parcel Service had a net margin of 5.94% and a return on equity of 35.95%. The firm had revenue of $21.20 billion for the quarter, compared to the consensus estimate of $20.99 billion. During the same period in the previous year, the firm posted $1.49 EPS. The business’s quarterly revenue was down 1.4% on a year-over-year basis. On average, equities research analysts forecast that United Parcel Service, Inc. will post 7.1 EPS for the current fiscal year.

United Parcel Service Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, May 18th were issued a $1.64 dividend. The ex-dividend date was Monday, May 18th. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.1%. United Parcel Service’s payout ratio is 106.15%.

Wall Street Analysts Forecast Growth

UPS has been the topic of a number of research reports. Weiss Ratings downgraded shares of United Parcel Service from a “hold (c)” rating to a “sell (d+)” rating in a report on Friday, May 8th. Susquehanna lifted their price target on shares of United Parcel Service from $116.00 to $118.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. UBS Group reduced their price target on shares of United Parcel Service from $125.00 to $123.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Evercore reduced their price target on shares of United Parcel Service from $115.00 to $113.00 and set an “in-line” rating on the stock in a report on Wednesday, April 22nd. Finally, Citigroup lifted their price target on shares of United Parcel Service from $118.00 to $127.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eleven have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $111.50.

United Parcel Service 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.