4,225 Shares in United Parcel Service, Inc. (NYSE:UPS) Acquired by Flossbach Von Storch SE

Flossbach Von Storch SE acquired a new position in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 4,225 shares of the transportation company's stock, valued at approximately $465,000.

A number of other hedge funds have also modified their holdings of the company. DekaBank Deutsche Girozentrale raised its position in United Parcel Service by 9.6% during the first quarter. DekaBank Deutsche Girozentrale now owns 301,321 shares of the transportation company's stock worth $32,909,000 after acquiring an additional 26,283 shares during the period. Personal CFO Solutions LLC lifted its holdings in United Parcel Service by 14.6% in the first quarter. Personal CFO Solutions LLC now owns 3,379 shares of the transportation company's stock valued at $372,000 after acquiring an additional 431 shares during the last quarter. CapWealth Advisors LLC raised its stake in shares of United Parcel Service by 14.0% in the 1st quarter. CapWealth Advisors LLC now owns 95,591 shares of the transportation company's stock valued at $10,514,000 after acquiring an additional 11,717 shares during the period. Stratos Wealth Partners LTD. boosted its holdings in United Parcel Service by 10.8% during the 1st quarter. Stratos Wealth Partners LTD. now owns 73,617 shares of the transportation company's stock valued at $8,097,000 after acquiring an additional 7,172 shares during the period. Finally, Stratos Investment Management LLC grew its stake in shares of United Parcel Service by 21.9% in the first quarter. Stratos Investment Management LLC now owns 7,789 shares of the transportation company's stock worth $857,000 after acquiring an additional 1,399 shares in the last quarter. 60.26% of the stock is owned by institutional investors and hedge funds.

United Parcel Service Trading Up 1.5%

UPS stock opened at $102.38 on Wednesday. The business has a 50 day simple moving average of $99.02 and a two-hundred day simple moving average of $109.43. United Parcel Service, Inc. has a 1-year low of $90.55 and a 1-year high of $148.15. The company has a market capitalization of $86.70 billion, a price-to-earnings ratio of 14.92, a PEG ratio of 1.95 and a beta of 1.21. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.09 and a quick ratio of 1.09.

United Parcel Service (NYSE:UPS - Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The transportation company reported $1.49 EPS for the quarter, beating the consensus estimate of $1.38 by $0.11. United Parcel Service had a return on equity of 40.15% and a net margin of 6.44%. The firm had revenue of $21.50 billion for the quarter, compared to analyst estimates of $21.25 billion. During the same quarter last year, the firm posted $1.43 earnings per share. The business's revenue for the quarter was down .9% on a year-over-year basis. Research analysts anticipate that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal year.

United Parcel Service Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Investors of record on Monday, May 19th were paid a $1.64 dividend. The ex-dividend date of this dividend was Monday, May 19th. This represents a $6.56 dividend on an annualized basis and a yield of 6.41%. United Parcel Service's dividend payout ratio is currently 95.63%.

Analysts Set New Price Targets

A number of analysts have issued reports on UPS shares. Citigroup decreased their price target on United Parcel Service from $149.00 to $123.00 and set a "buy" rating for the company in a report on Tuesday, April 8th. Barclays lowered their target price on United Parcel Service from $100.00 to $90.00 and set an "underweight" rating on the stock in a research note on Monday, March 31st. BNP Paribas Exane upgraded shares of United Parcel Service from an "underperform" rating to a "neutral" rating and set a $100.00 price objective for the company in a research report on Thursday, July 3rd. Wall Street Zen downgraded shares of United Parcel Service from a "buy" rating to a "hold" rating in a report on Wednesday, May 7th. Finally, Stifel Nicolaus reduced their price target on shares of United Parcel Service from $145.00 to $124.00 and set a "buy" rating on the stock in a report on Wednesday, April 30th. Two investment analysts have rated the stock with a sell rating, fifteen have given a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, United Parcel Service has an average rating of "Hold" and a consensus target price of $118.96.

About United Parcel Service

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.

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