Banque Cantonale Vaudoise Has $4.93 Million Stock Position in United Parcel Service, Inc. (NYSE:UPS)

Banque Cantonale Vaudoise boosted its stake in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) by 20.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,164 shares of the transportation company's stock after purchasing an additional 6,149 shares during the quarter. Banque Cantonale Vaudoise's holdings in United Parcel Service were worth $4,931,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in UPS. Bessemer Group Inc. increased its holdings in shares of United Parcel Service by 128.8% during the first quarter. Bessemer Group Inc. now owns 36,805 shares of the transportation company's stock valued at $5,470,000 after acquiring an additional 20,717 shares in the last quarter. Lake Street Advisors Group LLC grew its position in United Parcel Service by 51.0% during the first quarter. Lake Street Advisors Group LLC now owns 5,182 shares of the transportation company's stock valued at $770,000 after buying an additional 1,751 shares during the period. Natixis purchased a new position in United Parcel Service in the first quarter valued at $121,000. Crewe Advisors LLC acquired a new position in shares of United Parcel Service in the first quarter worth about $249,000. Finally, Payden & Rygel Investment Group purchased a new stake in shares of United Parcel Service during the 1st quarter worth about $208,000. Hedge funds and other institutional investors own 60.26% of the company's stock.

United Parcel Service Stock Down 0.8 %

Shares of NYSE:UPS traded down $1.13 during midday trading on Wednesday, reaching $132.07. The company had a trading volume of 3,848,099 shares, compared to its average volume of 4,165,909. United Parcel Service, Inc. has a one year low of $123.12 and a one year high of $163.82. 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 stock has a market capitalization of $112.70 billion, a P/E ratio of 19.95, a PEG ratio of 2.20 and a beta of 0.99. The stock's fifty day moving average price is $132.77 and its 200-day moving average price is $134.40.

United Parcel Service (NYSE:UPS - Get Free Report) last issued 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 company had revenue of $22.20 billion during the quarter, compared to analyst estimates of $22.10 billion. United Parcel Service had a return on equity of 37.38% and a net margin of 6.25%. The business's revenue was up 5.4% on a year-over-year basis. During the same quarter last year, the firm earned $1.57 EPS. Equities research analysts expect that United Parcel Service, Inc. will post 7.48 earnings per share for the current fiscal year.

United Parcel Service Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Stockholders of record on Monday, November 18th will be issued 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 presently 98.49%.

Wall Street Analysts Forecast Growth

UPS has been the subject of a number of analyst reports. 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. Stifel Nicolaus increased their target price on United Parcel Service from $151.00 to $156.00 and gave the company a "buy" rating in a research report on Friday, October 25th. Argus raised shares of United Parcel Service from a "hold" rating to a "buy" rating in a research note on Tuesday, November 5th. BMO Capital Markets reduced their price objective on shares of United Parcel Service from $169.00 to $155.00 and set a "market perform" rating for the company in a research report on Wednesday, July 24th. Finally, StockNews.com upgraded shares of 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 assigned a hold rating, twelve have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $151.52.

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.