Caerus Investment Advisors LLC Invests $767,000 in United Parcel Service, Inc. $UPS

Caerus Investment Advisors LLC bought a new position in United Parcel Service, Inc. (NYSE:UPS) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 7,733 shares of the transportation company’s stock, valued at approximately $767,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Coston McIsaac & Partners raised its holdings in shares of United Parcel Service by 77.8% during the fourth quarter. Coston McIsaac & Partners now owns 272 shares of the transportation company’s stock valued at $27,000 after purchasing an additional 119 shares during the last quarter. Torren Management LLC purchased a new position in shares of United Parcel Service during the fourth quarter valued at approximately $29,000. Winch Advisory Services LLC raised its holdings in shares of 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 purchasing an additional 124 shares during the last quarter. Activest Wealth Management raised its holdings in shares of United Parcel Service by 144.3% during the fourth quarter. Activest Wealth Management now owns 408 shares of the transportation company’s stock valued at $40,000 after purchasing an additional 241 shares during the last quarter. Finally, Elyxium Wealth LLC purchased a new position in shares of United Parcel Service during the fourth quarter valued at approximately $40,000. Institutional investors own 60.26% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on UPS shares. Susquehanna boosted their price objective 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. Weiss Ratings cut shares of United Parcel Service from a “hold (c)” rating to a “sell (d+)” rating in a report on Friday, May 8th. Evercore reduced their target price on shares of United Parcel Service from $115.00 to $113.00 and set an “in-line” rating for the company in a report on Wednesday, April 22nd. UBS Group reduced their target price on shares of United Parcel Service from $125.00 to $123.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. Finally, Citigroup upped their target price 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 research 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 assigned a Sell rating to the stock. Based on data from MarketBeat.com, United Parcel Service presently has an average rating of “Hold” and a consensus price target of $111.50.

United Parcel Service Stock Performance

Shares of NYSE UPS opened at $108.65 on Friday. The firm has a fifty day moving average price of $103.03 and a 200-day moving average price of $104.03. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.21 and a quick ratio of 1.21. The stock has a market cap of $92.35 billion, a PE ratio of 17.58, a price-to-earnings-growth ratio of 1.64 and a beta of 1.05. United Parcel Service, Inc. has a 1 year low of $82.00 and a 1 year high of $122.41.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings data on Tuesday, April 28th. The transportation company reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.02 by $0.05. The firm had revenue of $21.20 billion during the quarter, compared to analysts’ expectations of $20.99 billion. United Parcel Service had a net margin of 5.94% and a return on equity of 35.95%. The company’s revenue for the quarter was down 1.4% compared to the same quarter last year. During the same period in the prior year, the company posted $1.49 earnings per share. Equities analysts anticipate that United Parcel Service, Inc. will post 7.1 earnings per share for the current fiscal year.

United Parcel Service Announces Dividend

The company 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. This represents a $6.56 annualized dividend and a dividend yield of 6.0%. The ex-dividend date was Monday, May 18th. United Parcel Service’s dividend payout ratio (DPR) is 106.15%.

About United Parcel Service

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.