Banque Cantonale Vaudoise Has $3.32 Million Stake in United Parcel Service, Inc. $UPS

Banque Cantonale Vaudoise boosted its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 74.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 33,468 shares of the transportation company’s stock after buying an additional 14,286 shares during the period. Banque Cantonale Vaudoise’s holdings in United Parcel Service were worth $3,320,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of UPS. Pacer Advisors Inc. grew its stake in United Parcel Service by 507.8% during the fourth quarter. Pacer Advisors Inc. now owns 3,244,234 shares of the transportation company’s stock worth $321,796,000 after buying an additional 2,710,470 shares in the last quarter. Manning & Napier Advisors LLC acquired a new stake in United Parcel Service during the fourth quarter worth about $181,951,000. Vanguard Group Inc. grew its stake in United Parcel Service by 1.8% during the fourth quarter. Vanguard Group Inc. now owns 68,496,420 shares of the transportation company’s stock worth $6,794,160,000 after buying an additional 1,218,432 shares in the last quarter. AQR Capital Management LLC grew its stake in United Parcel Service by 94.8% during the second quarter. AQR Capital Management LLC now owns 2,300,081 shares of the transportation company’s stock worth $231,388,000 after buying an additional 1,119,372 shares in the last quarter. Finally, Invesco Ltd. grew its stake in United Parcel Service by 17.3% during the third quarter. Invesco Ltd. now owns 6,724,265 shares of the transportation company’s stock worth $561,678,000 after buying an additional 993,461 shares in the last quarter. 60.26% of the stock is currently owned by institutional investors and hedge funds.

United Parcel Service Stock Up 2.1%

NYSE:UPS opened at $98.84 on Thursday. The firm’s 50 day simple moving average is $100.39 and its 200 day simple moving average is $102.72. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.21 and a quick ratio of 1.21. United Parcel Service, Inc. has a one year low of $82.00 and a one year high of $122.41. The company has a market cap of $84.02 billion, a PE ratio of 15.99, a P/E/G ratio of 1.54 and a beta of 1.06.

United Parcel Service (NYSE:UPS) last posted its earnings results on Tuesday, April 28th. The transportation company reported $1.07 EPS for the quarter, topping the consensus estimate 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 business had revenue of $21.20 billion for the quarter, compared to the consensus estimate of $20.99 billion. During the same period last year, the company earned $1.49 EPS. The firm’s revenue was down 1.4% compared to the same quarter last year. On average, research analysts anticipate that United Parcel Service, Inc. will post 7.1 earnings per share for the current year.

United Parcel Service Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Monday, May 18th will be given a dividend of $1.64 per share. The ex-dividend date is Monday, May 18th. This represents a $6.56 annualized dividend and a yield of 6.6%. United Parcel Service’s dividend payout ratio (DPR) is currently 106.15%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on UPS shares. Susquehanna increased their price objective on shares of United Parcel Service from $116.00 to $118.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 29th. Stifel Nicolaus raised their price target on shares of United Parcel Service from $112.00 to $116.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Truist Financial raised their price target on shares of United Parcel Service from $120.00 to $130.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. 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 research note on Wednesday, April 29th. Finally, Oppenheimer raised their price target on shares of United Parcel Service from $107.00 to $115.00 and gave the company an “outperform” rating in a research note on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eleven have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $111.87.

United Parcel Service Company 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.