United Parcel Service, Inc. (NYSE:UPS) Shares Acquired by Ceera Investments LLC

Ceera Investments LLC lifted its stake in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) by 28.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,523 shares of the transportation company's stock after purchasing an additional 3,225 shares during the period. Ceera Investments LLC's holdings in United Parcel Service were worth $1,597,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Capital Investment Advisory Services LLC increased its stake in shares of United Parcel Service by 68.4% during the first quarter. Capital Investment Advisory Services LLC now owns 33,696 shares of the transportation company's stock worth $3,706,000 after purchasing an additional 13,691 shares in the last quarter. Argyle Capital Management LLC increased its stake in shares of United Parcel Service by 3.7% during the first quarter. Argyle Capital Management LLC now owns 27,405 shares of the transportation company's stock worth $3,014,000 after purchasing an additional 977 shares in the last quarter. Investors Asset Management of Georgia Inc. GA ADV increased its stake in shares of United Parcel Service by 9.3% during the first quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 8,072 shares of the transportation company's stock worth $888,000 after purchasing an additional 685 shares in the last quarter. Strategic Blueprint LLC grew its stake in United Parcel Service by 30.4% during the 1st quarter. Strategic Blueprint LLC now owns 10,045 shares of the transportation company's stock valued at $1,105,000 after acquiring an additional 2,341 shares in the last quarter. Finally, Brookstone Capital Management grew its stake in United Parcel Service by 9.8% during the 1st quarter. Brookstone Capital Management now owns 119,468 shares of the transportation company's stock valued at $13,140,000 after acquiring an additional 10,631 shares in the last quarter. Hedge funds and other institutional investors own 60.26% of the company's stock.

Analyst Ratings Changes

A number of analysts have commented on UPS shares. JPMorgan Chase & Co. cut their price objective on shares of United Parcel Service from $120.00 to $115.00 and set a "neutral" rating for the company in a report on Monday, April 7th. BNP Paribas Exane raised United Parcel Service from an "underperform" rating to a "neutral" rating and set a $100.00 price target for the company in a report on Thursday. Bank of America increased their price target on United Parcel Service from $111.00 to $115.00 and gave the company a "buy" rating in a report on Friday, May 16th. Barclays cut their price target on United Parcel Service from $100.00 to $90.00 and set an "underweight" rating for the company in a report on Monday, March 31st. Finally, Deutsche Bank Aktiengesellschaft began coverage on United Parcel Service in a report on Friday, March 7th. They issued a "hold" rating and a $119.00 price target for the company. Two investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $119.29.

United Parcel Service Trading Down 1.2%

Shares of NYSE:UPS traded down $1.30 during mid-day trading on Friday, reaching $104.24. 2,961,254 shares of the company were exchanged, compared to its average volume of 5,227,763. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.09 and a quick ratio of 1.09. The firm has a market cap of $88.27 billion, a price-to-earnings ratio of 15.20, a P/E/G ratio of 2.01 and a beta of 1.21. The firm's 50-day simple moving average is $98.83 and its 200 day simple moving average is $109.84. United Parcel Service, Inc. has a 1 year low of $90.55 and a 1 year high of $148.15.

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

United Parcel Service Announces Dividend

The firm also recently announced 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 of this dividend was Monday, May 19th. This represents a $6.56 dividend on an annualized basis and a yield of 6.29%. United Parcel Service's dividend payout ratio (DPR) is presently 95.63%.

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.