Natixis Advisors LLC Has $34.02 Million Position in United Parcel Service, Inc. (NYSE:UPS)

Natixis Advisors LLC grew its stake in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) by 40.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 249,530 shares of the transportation company's stock after purchasing an additional 71,996 shares during the period. Natixis Advisors LLC's holdings in United Parcel Service were worth $34,021,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of UPS. International Assets Investment Management LLC raised its position in United Parcel Service by 15,779.6% during the third quarter. International Assets Investment Management LLC now owns 14,631,461 shares of the transportation company's stock valued at $1,994,853,000 after buying an additional 14,539,321 shares during the period. Marshall Wace LLP lifted its position in shares of United Parcel Service by 284.8% in the second quarter. Marshall Wace LLP now owns 2,569,831 shares of the transportation company's stock worth $351,681,000 after purchasing an additional 1,901,914 shares in the last quarter. Van ECK Associates Corp boosted its holdings in shares of United Parcel Service by 1,061.1% during the third quarter. Van ECK Associates Corp now owns 1,772,765 shares of the transportation company's stock worth $232,959,000 after purchasing an additional 1,620,091 shares during the period. Assenagon Asset Management S.A. grew its position in United Parcel Service by 5,136.2% during the third quarter. Assenagon Asset Management S.A. now owns 1,079,964 shares of the transportation company's stock valued at $147,242,000 after purchasing an additional 1,059,339 shares in the last quarter. Finally, Interval Partners LP purchased a new position in shares of United Parcel Service during the 1st quarter valued at $90,099,000. Hedge funds and other institutional investors own 60.26% of the company's stock.

United Parcel Service Price Performance

Shares of UPS stock traded up $2.66 during trading hours on Monday, reaching $135.13. 4,021,303 shares of the company were exchanged, compared to its average volume of 4,168,812. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.14 and a quick ratio of 1.14. The company has a market cap of $115.32 billion, a price-to-earnings ratio of 20.18, a P/E/G ratio of 2.20 and a beta of 0.99. The stock's fifty day moving average is $132.50 and its two-hundred day moving average is $134.59. United Parcel Service, Inc. has a fifty-two week low of $123.12 and a fifty-two week high of $163.82.

United Parcel Service (NYSE:UPS - Get Free Report) last released its 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. The company had revenue of $22.20 billion during the quarter, compared to the consensus estimate of $22.10 billion. United Parcel Service had a return on equity of 37.38% and a net margin of 6.25%. The firm's quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.57 earnings per share. Sell-side analysts forecast that United Parcel Service, Inc. will post 7.48 earnings per share for the current fiscal year.

United Parcel Service Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 5th. Stockholders of record on Monday, November 18th will be given a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a dividend yield of 4.82%. The ex-dividend date of this dividend is Monday, November 18th. United Parcel Service's dividend payout ratio is 98.49%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Argus raised United Parcel Service from a "hold" rating to a "buy" rating in a research note on Tuesday, November 5th. Wells Fargo & Company upped their price target on United Parcel Service from $134.00 to $142.00 and gave the stock an "overweight" rating in a report on Thursday, October 10th. The Goldman Sachs Group lowered their price target on United Parcel Service from $165.00 to $162.00 and set a "buy" rating on the stock in a research note on Wednesday, October 9th. Evercore ISI raised their price objective on United Parcel Service from $138.00 to $141.00 and gave the stock an "in-line" rating in a research report on Tuesday, October 22nd. Finally, Oppenheimer boosted their price objective on United Parcel Service from $140.00 to $146.00 and gave the company an "outperform" rating in a research report on Monday, October 28th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company currently 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.