Capital International Inc. CA Raises Stock Position in United Parcel Service, Inc. (NYSE:UPS)

Capital International Inc. CA grew its stake in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 28.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,033 shares of the transportation company's stock after purchasing an additional 3,355 shares during the period. Capital International Inc. CA's holdings in United Parcel Service were worth $1,896,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in UPS. Pacific Sage Partners LLC increased its stake in shares of United Parcel Service by 4.8% in the 4th quarter. Pacific Sage Partners LLC now owns 1,677 shares of the transportation company's stock worth $212,000 after acquiring an additional 77 shares during the last quarter. Quent Capital LLC increased its position in United Parcel Service by 16.7% during the fourth quarter. Quent Capital LLC now owns 558 shares of the transportation company's stock worth $70,000 after purchasing an additional 80 shares during the last quarter. Gleason Group Inc. raised its stake in United Parcel Service by 1.3% during the fourth quarter. Gleason Group Inc. now owns 6,660 shares of the transportation company's stock worth $840,000 after purchasing an additional 84 shares during the period. Versant Capital Management Inc boosted its holdings in United Parcel Service by 2.5% in the 4th quarter. Versant Capital Management Inc now owns 3,583 shares of the transportation company's stock valued at $452,000 after purchasing an additional 89 shares during the last quarter. Finally, Altus Wealth Group LLC grew its stake in shares of United Parcel Service by 4.6% in the 4th quarter. Altus Wealth Group LLC now owns 2,022 shares of the transportation company's stock valued at $255,000 after buying an additional 89 shares during the period. Institutional investors and hedge funds own 60.26% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on UPS shares. Raymond James reduced their price target on shares of United Parcel Service from $145.00 to $130.00 and set a "strong-buy" rating on the stock in a research report on Wednesday, April 9th. Wells Fargo & Company reduced their target price on United Parcel Service from $128.00 to $120.00 and set an "overweight" rating on the stock in a research report on Thursday, March 27th. Stifel Nicolaus decreased their price target on United Parcel Service from $156.00 to $153.00 and set a "buy" rating on the stock in a research note on Thursday, January 23rd. Susquehanna cut their price objective on United Parcel Service from $130.00 to $120.00 and set a "neutral" rating for the company in a research report on Tuesday, April 1st. Finally, Citigroup decreased their target price on shares of United Parcel Service from $149.00 to $123.00 and set a "buy" rating on the stock in a research report on Tuesday, April 8th. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, United Parcel Service currently has a consensus rating of "Moderate Buy" and an average price target of $129.70.

United Parcel Service Stock Down 0.2 %

Shares of UPS stock traded down $0.16 during trading hours on Monday, reaching $96.27. 3,928,807 shares of the stock were exchanged, compared to its average volume of 4,826,903. United Parcel Service, Inc. has a 12-month low of $90.55 and a 12-month high of $153.42. The business's fifty day moving average is $110.04 and its two-hundred day moving average is $122.36. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.17 and a quick ratio of 1.14. The firm has a market capitalization of $82.23 billion, a P/E ratio of 14.24, a P/E/G ratio of 1.55 and a beta of 1.10.

United Parcel Service (NYSE:UPS - Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The transportation company reported $2.75 EPS for the quarter, beating analysts' consensus estimates of $2.52 by $0.23. United Parcel Service had a net margin of 6.35% and a return on equity of 39.13%. During the same period in the prior year, the firm posted $2.47 EPS. As a group, research analysts expect that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal year.

United Parcel Service Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Tuesday, February 18th were issued a dividend of $1.64 per share. This represents a $6.56 dividend on an annualized basis and a yield of 6.81%. This is an increase from United Parcel Service's previous quarterly dividend of $1.63. The ex-dividend date of this dividend was Tuesday, February 18th. United Parcel Service's payout ratio is 97.04%.

United Parcel Service 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.