Capital One Financial Corp Has $322,000 Holdings in United Parcel Service, Inc. (NYSE:UPS)

Capital One Financial Corp trimmed its stake in United Parcel Service, Inc. (NYSE:UPSGet Rating) by 46.8% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,501 shares of the transportation company’s stock after selling 1,321 shares during the period. Capital One Financial Corp’s holdings in United Parcel Service were worth $322,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Tranquility Partners LLC bought a new position in shares of United Parcel Service during the 4th quarter worth about $207,000. Zenyatta Capital Management LP purchased a new position in United Parcel Service in the 4th quarter valued at approximately $17,147,000. Osher Van de Voorde Investment Management grew its stake in United Parcel Service by 3.9% in the 4th quarter. Osher Van de Voorde Investment Management now owns 95,280 shares of the transportation company’s stock valued at $20,422,000 after buying an additional 3,580 shares in the last quarter. Brookstone Capital Management grew its stake in United Parcel Service by 3.3% in the 4th quarter. Brookstone Capital Management now owns 22,277 shares of the transportation company’s stock valued at $4,860,000 after buying an additional 713 shares in the last quarter. Finally, Aviva PLC raised its stake in shares of United Parcel Service by 0.5% during the fourth quarter. Aviva PLC now owns 222,556 shares of the transportation company’s stock valued at $47,703,000 after acquiring an additional 1,065 shares during the last quarter. Institutional investors and hedge funds own 57.85% of the company’s stock.

NYSE:UPS opened at $176.15 on Thursday. United Parcel Service, Inc. has a 52 week low of $165.34 and a 52 week high of $233.72. The firm has a 50 day moving average of $180.16 and a 200 day moving average of $199.62. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 1.28. The stock has a market capitalization of $153.91 billion, a price-to-earnings ratio of 14.38, a PEG ratio of 1.52 and a beta of 1.16.

United Parcel Service (NYSE:UPSGet Rating) last issued its quarterly earnings results on Tuesday, April 26th. The transportation company reported $3.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.87 by $0.18. United Parcel Service had a net margin of 10.90% and a return on equity of 82.94%. The business had revenue of $24.40 billion for the quarter, compared to analyst estimates of $23.80 billion. During the same quarter in the prior year, the business posted $2.77 EPS. United Parcel Service’s revenue for the quarter was up 6.5% compared to the same quarter last year. As a group, analysts expect that United Parcel Service, Inc. will post 12.83 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, June 2nd. Shareholders of record on Monday, May 16th were paid a dividend of $1.52 per share. The ex-dividend date was Friday, May 13th. This represents a $6.08 dividend on an annualized basis and a yield of 3.45%. United Parcel Service’s payout ratio is 49.63%.

UPS has been the topic of several research analyst reports. Susquehanna reduced their price target on shares of United Parcel Service from $218.00 to $195.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 27th. Stephens cut their price objective on shares of United Parcel Service from $240.00 to $220.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 27th. StockNews.com started coverage on shares of United Parcel Service in a report on Thursday, March 31st. They set a “buy” rating on the stock. Bank of America lowered their price objective on shares of United Parcel Service from $204.00 to $199.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 27th. Finally, Sanford C. Bernstein set a $272.00 price objective on shares of United Parcel Service in a research report on Friday, March 11th. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $223.69.

About United Parcel Service (Get Rating)

United Parcel Service, Inc provides letter and package delivery, transportation, logistics, and related services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of letters, documents, small packages, and palletized freight through air and ground services in the United States.

Further Reading

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

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