LBP AM SA decreased its stake in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) by 3.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 159,623 shares of the transportation company's stock after selling 6,309 shares during the period. LBP AM SA's holdings in United Parcel Service were worth $17,557,000 at the end of the most recent quarter.
Several other large investors also recently made changes to their positions in the stock. IMG Wealth Management Inc. acquired a new stake in United Parcel Service in the 4th quarter valued at $25,000. Generali Investments Management Co LLC bought a new position in shares of United Parcel Service in the 4th quarter valued at about $26,000. Pinney & Scofield Inc. bought a new position in shares of United Parcel Service in the 4th quarter valued at about $27,000. Fourth Dimension Wealth LLC bought a new position in shares of United Parcel Service in the 4th quarter valued at about $28,000. Finally, Runnymede Capital Advisors Inc. bought a new position in shares of United Parcel Service in the 4th quarter valued at about $30,000. Institutional investors own 60.26% of the company's stock.
United Parcel Service Stock Performance
NYSE:UPS traded down $0.04 during mid-day trading on Wednesday, reaching $102.34. The company's stock had a trading volume of 4,565,721 shares, compared to its average volume of 5,240,311. The stock has a market cap of $86.66 billion, a P/E ratio of 14.92, a PEG ratio of 1.95 and a beta of 1.21. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.24. The firm's fifty day moving average price is $99.02 and its two-hundred day moving average price is $109.43. United Parcel Service, Inc. has a 12-month low of $90.55 and a 12-month high of $148.15.
United Parcel Service (NYSE:UPS - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The transportation company reported $1.49 earnings per share for the quarter, topping the consensus estimate of $1.38 by $0.11. The business had revenue of $21.50 billion for the quarter, compared to the consensus estimate 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 quarterly revenue was down .9% on a year-over-year basis. During the same period last year, the firm earned $1.43 earnings per share. On average, equities analysts forecast 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. Stockholders of record on Monday, May 19th were given a dividend of $1.64 per share. The ex-dividend date was Monday, May 19th. This represents a $6.56 annualized dividend and a dividend yield of 6.41%. United Parcel Service's payout ratio is 95.63%.
Analyst Ratings Changes
Several analysts recently commented on UPS shares. Wolfe Research reduced their target price on shares of United Parcel Service from $133.00 to $113.00 and set an "outperform" rating for the company in a report on Wednesday, April 9th. Barclays decreased their target price on shares of 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. JPMorgan Chase & Co. decreased their target price on shares of United Parcel Service from $110.00 to $107.00 and set a "neutral" rating on the stock in a research note on Tuesday. UBS Group decreased their target price on shares of United Parcel Service from $128.00 to $124.00 and set a "buy" rating on the stock in a research note on Wednesday, July 2nd. Finally, Wall Street Zen cut shares of United Parcel Service from a "buy" rating to a "hold" rating in a research note on Wednesday, May 7th. Two research analysts have rated the stock with a sell rating, fifteen have issued a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $119.13.
Check Out Our Latest Stock Analysis on United Parcel Service
United Parcel Service Profile
(
Free Report)
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.
Recommended Stories

Before you consider United Parcel Service, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and United Parcel Service wasn't on the list.
While United Parcel Service currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.