Deutsche Bank AG Has $310.80 Million Stake in United Parcel Service, Inc. (NYSE:UPS)

Deutsche Bank AG raised its position in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 21.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,464,742 shares of the transportation company's stock after acquiring an additional 434,510 shares during the period. Deutsche Bank AG owned about 0.29% of United Parcel Service worth $310,804,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. Diligent Investors LLC boosted its holdings in United Parcel Service by 1.7% during the fourth quarter. Diligent Investors LLC now owns 6,722 shares of the transportation company's stock valued at $848,000 after purchasing an additional 111 shares in the last quarter. Colonial Trust Co SC lifted its holdings in shares of United Parcel Service by 1.4% during the fourth quarter. Colonial Trust Co SC now owns 7,227 shares of the transportation company's stock valued at $911,000 after acquiring an additional 98 shares during the period. CoreCap Advisors LLC grew its holdings in shares of United Parcel Service by 107.7% in the 4th quarter. CoreCap Advisors LLC now owns 9,986 shares of the transportation company's stock worth $1,259,000 after purchasing an additional 5,179 shares during the last quarter. Crestline Management LP boosted its position in United Parcel Service by 390.7% in the fourth quarter. Crestline Management LP now owns 72,981 shares of the transportation company's stock valued at $9,203,000 after buying an additional 58,107 shares in the last quarter. Finally, Capital Advantage Inc. acquired a new stake in United Parcel Service during the 4th quarter valued at $313,000. Institutional investors own 60.26% of the company's stock.

United Parcel Service Stock Performance

NYSE UPS traded down $1.03 during trading on Friday, reaching $95.92. 5,616,665 shares of the company's stock were exchanged, compared to its average volume of 5,022,491. United Parcel Service, Inc. has a fifty-two week low of $90.55 and a fifty-two week high of $153.42. The stock has a market capitalization of $81.93 billion, a P/E ratio of 14.19, a PEG ratio of 1.55 and a beta of 1.23. The business has a 50 day moving average price of $104.28 and a 200-day moving average price of $118.93. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.17 and a quick ratio of 1.14.

United Parcel Service (NYSE:UPS - Get Free Report) last posted its quarterly earnings results on Tuesday, April 29th. The transportation company reported $1.49 earnings per share for the quarter, beating analysts' consensus estimates of $1.38 by $0.11. United Parcel Service had a return on equity of 39.13% and a net margin of 6.35%. The business had revenue of $21.50 billion for the quarter, compared to analysts' expectations of $21.25 billion. During the same quarter in the prior year, the business earned $1.43 EPS. The firm's revenue for the quarter was down .9% on a year-over-year basis. Sell-side analysts forecast that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.

United Parcel Service Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Monday, May 19th will be paid a $1.64 dividend. The ex-dividend date is Monday, May 19th. This represents a $6.56 dividend on an annualized basis and a yield of 6.84%. United Parcel Service's dividend payout ratio (DPR) is currently 95.63%.

Wall Street Analyst Weigh In

UPS has been the topic of several research reports. Raymond James reduced their price target on shares of United Parcel Service from $145.00 to $130.00 and set a "strong-buy" rating on the stock in a research report on Wednesday, April 9th. The Goldman Sachs Group reduced their price objective on United Parcel Service from $166.00 to $147.00 and set a "buy" rating on the stock in a report on Friday, January 31st. HSBC downgraded United Parcel Service from a "buy" rating to a "hold" rating and set a $105.00 target price for the company. in a research report on Thursday, May 1st. Evercore ISI raised their price objective on shares of United Parcel Service from $141.00 to $147.00 and gave the company an "in-line" rating in a research note on Wednesday, January 22nd. Finally, Galvan Research dropped their target price on shares of United Parcel Service from $147.00 to $133.00 and set a "buy" rating for the company in a research report on Wednesday, April 9th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $120.87.

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.