B. Metzler seel. Sohn & Co. Holding AG Takes Position in United Parcel Service, Inc. (NYSE:UPS)

B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in United Parcel Service, Inc. (NYSE:UPS - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 64,041 shares of the transportation company's stock, valued at approximately $8,731,000.

Several other institutional investors also recently bought and sold shares of the business. TruNorth Capital Management LLC purchased a new position in shares of United Parcel Service in the second quarter valued at approximately $28,000. Riverview Trust Co purchased a new position in United Parcel Service during the second quarter worth approximately $32,000. Centerpoint Advisors LLC lifted its position in United Parcel Service by 291.7% during the second quarter. Centerpoint Advisors LLC now owns 235 shares of the transportation company's stock worth $32,000 after buying an additional 175 shares in the last quarter. Princeton Global Asset Management LLC lifted its position in United Parcel Service by 720.0% during the third quarter. Princeton Global Asset Management LLC now owns 246 shares of the transportation company's stock worth $34,000 after buying an additional 216 shares in the last quarter. Finally, Tortoise Investment Management LLC lifted its position in United Parcel Service by 168.5% during the second quarter. Tortoise Investment Management LLC now owns 247 shares of the transportation company's stock worth $34,000 after buying an additional 155 shares in the last quarter. 60.26% of the stock is owned by institutional investors and hedge funds.

United Parcel Service Price Performance

NYSE:UPS traded down $1.13 during trading hours on Wednesday, reaching $132.07. 3,848,099 shares of the company traded hands, compared to its average volume of 4,165,909. The firm's 50-day moving average is $132.77 and its 200-day moving average is $134.40. The stock has a market cap of $112.70 billion, a P/E ratio of 19.95, a P/E/G ratio of 2.20 and a beta of 0.99. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.14 and a quick ratio of 1.14. United Parcel Service, Inc. has a 1-year low of $123.12 and a 1-year high of $163.82.

United Parcel Service (NYSE:UPS - Get Free Report) last issued its quarterly earnings results on Thursday, October 24th. The transportation company reported $1.76 earnings per share for the quarter, topping analysts' consensus estimates of $1.63 by $0.13. United Parcel Service had a return on equity of 37.38% and a net margin of 6.25%. The company had revenue of $22.20 billion for the quarter, compared to analyst estimates of $22.10 billion. During the same quarter in the prior year, the company posted $1.57 EPS. The business's revenue for the quarter was up 5.4% compared to the same quarter last year. Equities research analysts expect that United Parcel Service, Inc. will post 7.48 earnings per share for the current fiscal year.

United Parcel Service Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 5th. Investors of record on Monday, November 18th will be given a $1.63 dividend. This represents a $6.52 annualized dividend and a dividend yield of 4.94%. The ex-dividend date is Monday, November 18th. United Parcel Service's dividend payout ratio (DPR) is currently 98.49%.

Analyst Upgrades and Downgrades

UPS has been the topic of a number of analyst reports. Stifel Nicolaus lifted their price objective on United Parcel Service from $151.00 to $156.00 and gave the stock a "buy" rating in a research report on Friday, October 25th. Argus upgraded United Parcel Service from a "hold" rating to a "buy" rating in a research report on Tuesday, November 5th. JPMorgan Chase & Co. reduced their target price on United Parcel Service from $140.00 to $139.00 and set a "neutral" rating on the stock in a research report on Friday, October 25th. BMO Capital Markets reduced their target price on United Parcel Service from $169.00 to $155.00 and set a "market perform" rating on the stock in a research report on Wednesday, July 24th. Finally, StockNews.com upgraded United Parcel Service from a "hold" rating to a "buy" rating in a research report on Wednesday, November 6th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $151.52.

United Parcel Service Company Profile

United Parcel Service, Inc, a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States.