Robeco Institutional Asset Management B.V. Has $15.33 Million Stock Holdings in United Parcel Service, Inc. $UPS

Key Points

• Robeco Institutional Asset Management B.V. increased its holdings in United Parcel Service (UPS) by 43.8% during the second quarter, acquiring an additional 46,252 shares for a total worth of approximately $15.33 million.
• Wall Street analysts have varied opinions on UPS, with ratings ranging from Strong Buy to Sell, and a consensus target price of $110.16.
• UPS declared a quarterly dividend of $1.64, with a yield of 7.6%, and the CEO made a significant stock purchase, acquiring 11,682 shares at an average price of $85.67.

Robeco Institutional Asset Management B.V. increased its holdings in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) by 43.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 151,851 shares of the transportation company's stock after acquiring an additional 46,252 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in United Parcel Service were worth $15,328,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in UPS. Founders Capital Management LLC grew its position in United Parcel Service by 8.3% in the second quarter. Founders Capital Management LLC now owns 111,405 shares of the transportation company's stock valued at $11,245,000 after acquiring an additional 8,579 shares during the period. Gallacher Capital Management LLC bought a new stake in shares of United Parcel Service in the 1st quarter worth about $620,000. Garde Capital Inc. acquired a new stake in shares of United Parcel Service during the 1st quarter worth about $37,000. Capital CS Group LLC increased its position in shares of United Parcel Service by 3.6% during the 2nd quarter. Capital CS Group LLC now owns 235,090 shares of the transportation company's stock worth $23,730,000 after purchasing an additional 8,070 shares in the last quarter. Finally, CX Institutional lifted its holdings in United Parcel Service by 39.9% during the 2nd quarter. CX Institutional now owns 60,165 shares of the transportation company's stock valued at $6,073,000 after purchasing an additional 17,152 shares during the last quarter. Institutional investors and hedge funds own 60.26% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have weighed in on UPS. BMO Capital Markets reaffirmed a "market perform" rating and set a $96.00 price objective (down from $125.00) on shares of United Parcel Service in a research note on Friday, September 19th. BNP Paribas Exane upgraded United Parcel Service from an "underperform" rating to a "neutral" rating and set a $100.00 price target on the stock in a research report on Thursday, July 3rd. Evercore ISI cut their price objective on United Parcel Service from $103.00 to $97.00 and set an "in-line" rating for the company in a research report on Wednesday, July 30th. Vertical Research restated a "hold" rating and set a $103.00 target price on shares of United Parcel Service in a report on Wednesday, July 30th. Finally, Truist Financial lowered their target price on United Parcel Service from $130.00 to $120.00 and set a "buy" rating for the company in a research note on Wednesday, July 30th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, fifteen have given a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $110.16.

United Parcel Service Stock Performance

United Parcel Service stock opened at $86.79 on Friday. The company has a market cap of $73.56 billion, a PE ratio of 12.92, a PEG ratio of 1.60 and a beta of 1.10. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 1.51. United Parcel Service, Inc. has a 1 year low of $82.00 and a 1 year high of $145.01. The company's 50-day moving average is $86.20 and its two-hundred day moving average is $95.32.

United Parcel Service (NYSE:UPS - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The transportation company reported $1.55 earnings per share for the quarter, missing analysts' consensus estimates of $1.56 by ($0.01). United Parcel Service had a return on equity of 39.61% and a net margin of 6.34%.The business had revenue of $21.20 billion for the quarter, compared to the consensus estimate of $20.90 billion. During the same period last year, the firm earned $1.79 earnings per share. The company's quarterly revenue was down 2.7% on a year-over-year basis. Equities analysts anticipate that United Parcel Service, Inc. will post 7.95 earnings per share for the current year.

United Parcel Service Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Monday, August 18th were given a $1.64 dividend. This represents a $6.56 annualized dividend and a dividend yield of 7.6%. The ex-dividend date was Monday, August 18th. United Parcel Service's dividend payout ratio (DPR) is currently 97.62%.

Insider Buying and Selling

In related news, CEO Carol B. Tome acquired 11,682 shares of the company's stock in a transaction that occurred on Friday, August 1st. The stock was acquired at an average price of $85.67 per share, for a total transaction of $1,000,796.94. Following the completion of the acquisition, the chief executive officer owned 24,718 shares of the company's stock, valued at $2,117,591.06. This trade represents a 89.61% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Christiana Smith Shi bought 500 shares of the business's stock in a transaction on Friday, August 22nd. The stock was bought at an average cost of $88.17 per share, for a total transaction of $44,085.00. Following the purchase, the director directly owned 500 shares of the company's stock, valued at approximately $44,085. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders purchased a total of 17,182 shares of company stock valued at $1,477,382 over the last three months. Company insiders own 0.13% of the company's stock.

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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