Robeco Institutional Asset Management B.V. Increases Stock Holdings in United Parcel Service, Inc. (NYSE:UPS)

Robeco Institutional Asset Management B.V. raised its holdings in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 62.6% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 105,599 shares of the transportation company's stock after purchasing an additional 40,649 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in United Parcel Service were worth $11,615,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Sequoia Financial Advisors LLC raised its position in shares of United Parcel Service by 136.1% during the 1st quarter. Sequoia Financial Advisors LLC now owns 98,522 shares of the transportation company's stock valued at $10,836,000 after acquiring an additional 56,800 shares in the last quarter. Value Partners Investments Inc. boosted its stake in United Parcel Service by 1,114.3% during the first quarter. Value Partners Investments Inc. now owns 575,334 shares of the transportation company's stock valued at $63,351,000 after buying an additional 527,956 shares in the last quarter. Pure Financial Advisors LLC boosted its stake in United Parcel Service by 12.8% during the first quarter. Pure Financial Advisors LLC now owns 20,800 shares of the transportation company's stock valued at $2,288,000 after buying an additional 2,358 shares in the last quarter. Phillips Wealth Planners LLC purchased a new stake in shares of United Parcel Service during the first quarter valued at $307,000. Finally, Perigon Wealth Management LLC lifted its holdings in shares of United Parcel Service by 0.9% during the first quarter. Perigon Wealth Management LLC now owns 28,195 shares of the transportation company's stock valued at $3,101,000 after purchasing an additional 251 shares during the last quarter. 60.26% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on UPS shares. Citigroup cut their price target on United Parcel Service from $149.00 to $123.00 and set a "buy" rating for the company in a research note on Tuesday, April 8th. Wells Fargo & Company reiterated an "equal weight" rating and issued a $98.00 price objective (down previously from $120.00) on shares of United Parcel Service in a research report on Tuesday, April 22nd. Hsbc Global Res cut United Parcel Service from a "strong-buy" rating to a "hold" rating in a research note on Thursday, May 1st. Raymond James Financial reduced their target price on United Parcel Service from $145.00 to $130.00 and set a "strong-buy" rating on the stock in a report on Wednesday, April 9th. Finally, BMO Capital Markets cut their price target on United Parcel Service from $130.00 to $125.00 and set an "outperform" rating on the stock in a report on Wednesday, April 30th. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, United Parcel Service has a consensus rating of "Hold" and an average target price of $120.26.

United Parcel Service Stock Up 0.6%

NYSE UPS opened at $101.22 on Monday. The business has a fifty day moving average price of $98.18 and a two-hundred day moving average price of $110.44. 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, Inc. has a fifty-two week low of $90.55 and a fifty-two week high of $148.15. The stock has a market capitalization of $85.71 billion, a PE ratio of 14.76, a PEG ratio of 1.78 and a beta of 1.22.

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 analysts' consensus estimates 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 company had revenue of $21.50 billion during the quarter, compared to analysts' expectations of $21.25 billion. During the same period in the prior year, the company earned $1.43 EPS. United Parcel Service's revenue was down .9% compared to the same quarter last year. Equities analysts expect that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.

United Parcel Service Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, May 19th were paid a $1.64 dividend. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.48%. The ex-dividend date of this dividend was Monday, May 19th. United Parcel Service's payout ratio is 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.

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