United Parcel Service, Inc. (NYSE:UPS) Stock Holdings Boosted by Swiss National Bank

Swiss National Bank grew its position in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 0.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,165,000 shares of the transportation company's stock after purchasing an additional 10,000 shares during the period. Swiss National Bank owned approximately 0.25% of United Parcel Service worth $295,176,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of UPS. TIAA Trust National Association lifted its stake in shares of United Parcel Service by 2.1% during the first quarter. TIAA Trust National Association now owns 16,278 shares of the transportation company's stock worth $2,419,000 after purchasing an additional 339 shares in the last quarter. Ontario Teachers Pension Plan Board grew its position in United Parcel Service by 50.3% in the first quarter. Ontario Teachers Pension Plan Board now owns 5,853 shares of the transportation company's stock valued at $870,000 after acquiring an additional 1,958 shares in the last quarter. Patten & Patten Inc. TN raised its stake in shares of United Parcel Service by 9.6% during the first quarter. Patten & Patten Inc. TN now owns 3,232 shares of the transportation company's stock valued at $480,000 after purchasing an additional 283 shares during the period. Beaumont Financial Advisors LLC acquired a new position in shares of United Parcel Service during the first quarter worth $215,000. Finally, Covestor Ltd boosted its stake in shares of United Parcel Service by 14.0% in the first quarter. Covestor Ltd now owns 1,119 shares of the transportation company's stock valued at $166,000 after purchasing an additional 137 shares during the period. Hedge funds and other institutional investors own 60.26% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have commented on UPS shares. Wells Fargo & Company boosted their price objective on shares of United Parcel Service from $134.00 to $142.00 and gave the stock an "overweight" rating in a report on Thursday, October 10th. Bank of America increased their price target on United Parcel Service from $132.00 to $150.00 and gave the company a "neutral" rating in a report on Friday, October 25th. Baird R W upgraded United Parcel Service to a "strong-buy" rating in a report on Wednesday, July 24th. Evercore ISI increased their target price on United Parcel Service from $138.00 to $141.00 and gave the company an "in-line" rating in a research note on Tuesday, October 22nd. Finally, Susquehanna lifted their price target on shares of United Parcel Service from $135.00 to $140.00 and gave the stock a "neutral" rating in a research note on Friday, October 25th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $151.52.

United Parcel Service Stock Performance

UPS stock traded up $1.43 during mid-day trading on Friday, reaching $134.07. The company had a trading volume of 3,337,614 shares, compared to its average volume of 3,986,738. The stock's 50-day simple moving average is $132.50 and its two-hundred day simple moving average is $134.59. The stock has a market capitalization of $114.84 billion, a P/E ratio of 20.25, a P/E/G ratio of 2.20 and a beta of 0.99. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.20. United Parcel Service, Inc. has a one year low of $123.12 and a one year high of $163.82.

United Parcel Service (NYSE:UPS - Get Free Report) last posted its earnings results on Thursday, October 24th. The transportation company reported $1.76 EPS for the quarter, topping the consensus estimate of $1.63 by $0.13. The firm had revenue of $22.20 billion during the quarter, compared to analysts' expectations of $22.10 billion. United Parcel Service had a net margin of 6.25% and a return on equity of 37.38%. United Parcel Service's quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.57 EPS. Research analysts anticipate that United Parcel Service, Inc. will post 7.48 EPS for the current year.

United Parcel Service Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Monday, November 18th will be given a dividend of $1.63 per share. The ex-dividend date is Monday, November 18th. This represents a $6.52 dividend on an annualized basis and a yield of 4.86%. United Parcel Service's dividend payout ratio (DPR) is presently 98.49%.

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.