Capital CS Group LLC Decreases Holdings in United Parcel Service, Inc. $UPS

Capital CS Group LLC reduced its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 22.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 219,231 shares of the transportation company’s stock after selling 64,065 shares during the period. United Parcel Service makes up approximately 33.5% of Capital CS Group LLC’s investment portfolio, making the stock its biggest position. Capital CS Group LLC’s holdings in United Parcel Service were worth $21,745,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in UPS. Brighton Jones LLC grew its position in United Parcel Service by 63.8% in the fourth quarter. Brighton Jones LLC now owns 12,126 shares of the transportation company’s stock valued at $1,529,000 after acquiring an additional 4,723 shares during the last quarter. Sivia Capital Partners LLC bought a new position in shares of United Parcel Service in the second quarter worth about $277,000. SVB Wealth LLC acquired a new stake in shares of United Parcel Service in the 2nd quarter valued at approximately $848,000. Prudential PLC grew its holdings in shares of United Parcel Service by 32.5% during the 2nd quarter. Prudential PLC now owns 13,928 shares of the transportation company’s stock valued at $1,406,000 after purchasing an additional 3,414 shares during the last quarter. Finally, Mediolanum International Funds Ltd grew its holdings in shares of United Parcel Service by 13.5% during the 2nd quarter. Mediolanum International Funds Ltd now owns 30,836 shares of the transportation company’s stock valued at $3,120,000 after purchasing an additional 3,679 shares during the last quarter. 60.26% of the stock is currently owned by institutional investors.

United Parcel Service Price Performance

UPS stock opened at $95.94 on Monday. The company has a fifty day moving average price of $109.19 and a 200-day moving average price of $98.39. The company has a market capitalization of $81.46 billion, a P/E ratio of 14.63, a PEG ratio of 1.51 and a beta of 1.08. United Parcel Service, Inc. has a 52-week low of $82.00 and a 52-week high of $122.41. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.22 and a current ratio of 1.22.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings results on Tuesday, January 27th. The transportation company reported $2.38 EPS for the quarter, topping analysts’ consensus estimates of $2.20 by $0.18. United Parcel Service had a net margin of 6.28% and a return on equity of 38.30%. The company had revenue of $24.48 billion for the quarter, compared to analyst estimates of $23.91 billion. During the same quarter in the previous year, the business earned $2.75 earnings per share. United Parcel Service’s revenue was down 3.2% compared to the same quarter last year. As a group, equities analysts expect that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 5th. Stockholders of record on Tuesday, February 17th were paid a $1.64 dividend. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $6.56 annualized dividend and a dividend yield of 6.8%. United Parcel Service’s dividend payout ratio is presently 100.00%.

Insider Activity

In other news, insider Norman M. Brothers, Jr. sold 25,014 shares of the firm’s stock in a transaction dated Wednesday, January 28th. The stock was sold at an average price of $106.15, for a total transaction of $2,655,236.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.13% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on UPS. UBS Group increased their price objective on shares of United Parcel Service from $116.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Wells Fargo & Company upped their price target on shares of United Parcel Service from $96.00 to $110.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 28th. BNP Paribas Exane cut United Parcel Service from a “neutral” rating to an “underperform” rating and set a $85.00 price target for the company. in a research note on Tuesday, January 13th. Susquehanna raised their price objective on United Parcel Service from $105.00 to $115.00 and gave the company a “neutral” rating in a report on Tuesday, January 20th. Finally, HSBC upgraded United Parcel Service from a “hold” rating to a “buy” rating in a research report on Wednesday, January 28th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, fourteen have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $113.67.

United Parcel Service Profile

United Parcel Service (NYSE: UPS) is a global package delivery and supply chain management company that provides a broad range of transportation, logistics and e-commerce services. Its core business centers on small-package delivery and last-mile distribution for business and individual customers, supported by a network of ground transportation, air cargo operations (UPS Airlines) and sorting facilities. In addition to parcel delivery, UPS offers freight transportation, contract logistics, warehousing, customs brokerage and reverse-logistics solutions designed to support domestic and international commerce.

The company traces its roots to 1907 when it began as a small messenger service in the United States and later evolved into the United Parcel Service.