Captrust Financial Advisors acquired a new position in United Parcel Service, Inc. (NYSE:UPS) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,246 shares of the transportation company’s stock, valued at approximately $387,000.
Other institutional investors have also added to or reduced their stakes in the company. Woodmont Investment Counsel LLC grew its holdings in United Parcel Service by 34.2% during the 2nd quarter. Woodmont Investment Counsel LLC now owns 14,408 shares of the transportation company’s stock valued at $1,593,000 after purchasing an additional 3,675 shares in the last quarter. Segment Wealth Management LLC grew its holdings in United Parcel Service by 7.3% during the 2nd quarter. Segment Wealth Management LLC now owns 25,620 shares of the transportation company’s stock valued at $2,833,000 after purchasing an additional 1,744 shares in the last quarter. Vanguard Group Inc. grew its holdings in United Parcel Service by 2.7% during the 2nd quarter. Vanguard Group Inc. now owns 48,402,968 shares of the transportation company’s stock valued at $5,352,884,000 after purchasing an additional 1,262,293 shares in the last quarter. FMR LLC grew its holdings in United Parcel Service by 0.5% during the 2nd quarter. FMR LLC now owns 14,357,475 shares of the transportation company’s stock valued at $1,587,793,000 after purchasing an additional 71,666 shares in the last quarter. Finally, TIAA FSB acquired a new stake in United Parcel Service during the 2nd quarter valued at $1,567,000. 54.10% of the stock is owned by institutional investors.
United Parcel Service, Inc. (NYSE:UPS) opened at $109.72 on Friday. The firm has a market cap of $94,540.00, a price-to-earnings ratio of 20.66, a price-to-earnings-growth ratio of 1.63 and a beta of 1.06. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 19.69. United Parcel Service, Inc. has a fifty-two week low of $102.12 and a fifty-two week high of $135.53.
United Parcel Service (NYSE:UPS) last announced its quarterly earnings data on Thursday, February 1st. The transportation company reported $1.67 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.66 by $0.01. The company had revenue of $18.83 billion during the quarter, compared to analyst estimates of $18.20 billion. United Parcel Service had a net margin of 7.45% and a return on equity of 477.77%. The firm’s revenue for the quarter was up 11.2% compared to the same quarter last year. During the same period last year, the business earned $1.63 EPS. sell-side analysts predict that United Parcel Service, Inc. will post 7.23 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 7th. Stockholders of record on Tuesday, February 20th were given a $0.91 dividend. This is an increase from United Parcel Service’s previous quarterly dividend of $0.83. This represents a $3.64 dividend on an annualized basis and a dividend yield of 3.32%. The ex-dividend date was Friday, February 16th. United Parcel Service’s dividend payout ratio (DPR) is presently 68.55%.
In other news, SVP Teri P. Mcclure sold 4,500 shares of the firm’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $106.80, for a total value of $480,600.00. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 0.59% of the company’s stock.
A number of equities research analysts recently weighed in on UPS shares. Deutsche Bank raised shares of United Parcel Service from a “hold” rating to a “buy” rating and raised their price target for the company from $125.00 to $135.00 in a report on Monday, December 4th. Vetr raised shares of United Parcel Service from a “sell” rating to a “hold” rating and set a $116.85 price target for the company in a report on Tuesday, December 26th. Knight Equity reaffirmed a “buy” rating and set a $135.00 price target (down from $145.00) on shares of United Parcel Service in a report on Monday, January 8th. Robert W. Baird reaffirmed a “hold” rating and set a $130.00 price target on shares of United Parcel Service in a report on Tuesday, January 9th. Finally, Credit Suisse Group reaffirmed a “hold” rating and set a $137.00 price target on shares of United Parcel Service in a report on Wednesday, January 17th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and seven have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $125.21.
About United Parcel Service
United Parcel Service, Inc (UPS) is a package delivery company. The Company is a provider of global supply chain management solutions. The Company operates through three segments: U.S. Domestic Package operations, International Package operations, and Supply Chain & Freight operations. As of December 31, 2016, the Company delivered packages in over 220 countries and territories.
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