Cantor Fitzgerald Investment Advisors L.P. Has $18.36 Million Holdings in United Parcel Service, Inc. (NYSE:UPS)

Cantor Fitzgerald Investment Advisors L.P. grew its holdings in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 38.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 166,933 shares of the transportation company's stock after purchasing an additional 46,758 shares during the period. United Parcel Service comprises 1.3% of Cantor Fitzgerald Investment Advisors L.P.'s portfolio, making the stock its 18th largest holding. Cantor Fitzgerald Investment Advisors L.P.'s holdings in United Parcel Service were worth $18,361,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. LaFleur & Godfrey LLC boosted its holdings in United Parcel Service by 62.8% during the fourth quarter. LaFleur & Godfrey LLC now owns 6,225 shares of the transportation company's stock worth $785,000 after buying an additional 2,401 shares during the last quarter. Brighton Jones LLC boosted its holdings in shares of United Parcel Service by 63.8% during the 4th quarter. Brighton Jones LLC now owns 12,126 shares of the transportation company's stock worth $1,529,000 after buying an additional 4,723 shares during the period. New York State Common Retirement Fund boosted its stake in United Parcel Service by 0.3% in the 4th quarter. New York State Common Retirement Fund now owns 867,132 shares of the transportation company's stock valued at $109,345,000 after purchasing an additional 3,000 shares during the period. Atlas Legacy Advisors LLC bought a new stake in United Parcel Service during the fourth quarter worth about $264,000. Finally, Global Retirement Partners LLC lifted its position in shares of United Parcel Service by 4.6% during the 4th quarter. Global Retirement Partners LLC now owns 13,170 shares of the transportation company's stock worth $1,661,000 after buying an additional 584 shares during the last quarter. Institutional investors own 60.26% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on UPS shares. Wells Fargo & Company restated an "equal weight" rating and issued a $98.00 price objective (down from $120.00) on shares of United Parcel Service in a report on Tuesday, April 22nd. Bank of America boosted their price target on shares of United Parcel Service from $111.00 to $115.00 and gave the stock a "buy" rating in a report on Friday, May 16th. JPMorgan Chase & Co. dropped their price target on United Parcel Service from $120.00 to $115.00 and set a "neutral" rating on the stock in a report on Monday, April 7th. Hsbc Global Res lowered United Parcel Service from a "strong-buy" rating to a "hold" rating in a report on Thursday, May 1st. Finally, Citigroup lowered their target price on shares of United Parcel Service from $149.00 to $123.00 and set a "buy" rating on the stock in a research note on Tuesday, April 8th. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $120.26.

United Parcel Service Price Performance

NYSE UPS traded up $0.15 on Friday, reaching $99.36. 11,093,220 shares of the stock traded hands, compared to its average volume of 5,205,518. United Parcel Service, Inc. has a 12 month low of $90.55 and a 12 month high of $148.15. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.24. The firm's fifty day simple moving average is $97.77 and its 200 day simple moving average is $111.65. The company has a market cap of $84.14 billion, a price-to-earnings ratio of 14.48, a P/E/G ratio of 1.74 and a beta of 1.22.

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

United Parcel Service Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, May 19th were issued a dividend of $1.64 per share. The ex-dividend date was Monday, May 19th. This represents a $6.56 annualized dividend and a yield of 6.60%. United Parcel Service's dividend payout ratio is currently 95.63%.

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.