U.S. Capital Wealth Advisors LLC Acquires 29,822 Shares of United Parcel Service, Inc. (NYSE:UPS)

U.S. Capital Wealth Advisors LLC boosted its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 48.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 90,770 shares of the transportation company’s stock after purchasing an additional 29,822 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in United Parcel Service were worth $14,272,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in UPS. OFI Invest Asset Management bought a new stake in United Parcel Service during the 3rd quarter worth about $25,000. Tennessee Valley Asset Management Partners bought a new stake in United Parcel Service during the 4th quarter worth about $26,000. Life Planning Partners Inc bought a new stake in United Parcel Service during the 4th quarter worth about $28,000. Bourgeon Capital Management LLC bought a new position in shares of United Parcel Service in the 4th quarter worth $31,000. Finally, VisionPoint Advisory Group LLC grew its stake in shares of United Parcel Service by 69.5% during the third quarter. VisionPoint Advisory Group LLC now owns 239 shares of the transportation company’s stock worth $37,000 after purchasing an additional 98 shares during the period. 60.26% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have weighed in on UPS shares. Deutsche Bank Aktiengesellschaft cut their target price on United Parcel Service from $183.00 to $179.00 and set a “buy” rating on the stock in a research note on Thursday, March 28th. Raymond James reduced their price objective on shares of United Parcel Service from $185.00 to $175.00 and set a “strong-buy” rating on the stock in a research note on Wednesday, January 31st. UBS Group raised shares of United Parcel Service from a “neutral” rating to a “buy” rating and upped their target price for the company from $160.00 to $175.00 in a research note on Tuesday, February 6th. Robert W. Baird raised shares of United Parcel Service from a “neutral” rating to an “outperform” rating and lifted their price target for the stock from $165.00 to $170.00 in a research report on Friday, February 16th. Finally, Bank of America upped their price objective on shares of United Parcel Service from $157.00 to $160.00 and gave the company a “neutral” rating in a research report on Wednesday, April 24th. One research analyst has rated the stock with a sell rating, fourteen have given a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, United Parcel Service has a consensus rating of “Hold” and a consensus price target of $165.23.

United Parcel Service Stock Down 0.5 %

United Parcel Service stock traded down $0.79 during mid-day trading on Friday, reaching $146.43. The company’s stock had a trading volume of 2,039,256 shares, compared to its average volume of 3,606,672. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.04 and a current ratio of 1.10. United Parcel Service, Inc. has a 12 month low of $133.68 and a 12 month high of $192.98. The business’s 50 day simple moving average is $149.39 and its 200 day simple moving average is $150.67. The company has a market capitalization of $124.85 billion, a price-to-earnings ratio of 21.22, a price-to-earnings-growth ratio of 1.68 and a beta of 1.05.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings data on Tuesday, April 23rd. The transportation company reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.33 by $0.10. The company had revenue of $21.70 billion during the quarter, compared to analysts’ expectations of $21.84 billion. United Parcel Service had a return on equity of 37.42% and a net margin of 6.60%. United Parcel Service’s revenue for the quarter was down 5.3% compared to the same quarter last year. During the same quarter last year, the company earned $2.20 EPS. As a group, research analysts anticipate that United Parcel Service, Inc. will post 8.23 earnings per share for the current year.

United Parcel Service Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 30th. Shareholders of record on Monday, May 13th will be given a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a dividend yield of 4.45%. The ex-dividend date of this dividend is Friday, May 10th. United Parcel Service’s dividend payout ratio (DPR) is 94.49%.

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.