U.S. Capital Wealth Advisors LLC Purchases 19,317 Shares of United Parcel Service, Inc. (NYSE:UPS)

U.S. Capital Wealth Advisors LLC boosted its position in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) by 31.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 80,372 shares of the transportation company's stock after acquiring an additional 19,317 shares during the period. U.S. Capital Wealth Advisors LLC's holdings in United Parcel Service were worth $8,840,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in UPS. Norges Bank bought a new stake in shares of United Parcel Service during the fourth quarter valued at approximately $1,075,393,000. Franklin Resources Inc. raised its position in shares of United Parcel Service by 15.6% during the fourth quarter. Franklin Resources Inc. now owns 10,979,909 shares of the transportation company's stock valued at $1,384,567,000 after buying an additional 1,484,452 shares during the last quarter. Castlekeep Investment Advisors LLC bought a new stake in shares of United Parcel Service during the fourth quarter valued at approximately $145,846,000. Price T Rowe Associates Inc. MD raised its position in shares of United Parcel Service by 19.7% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 6,463,930 shares of the transportation company's stock valued at $815,102,000 after buying an additional 1,064,293 shares during the last quarter. Finally, Janus Henderson Group PLC raised its position in shares of United Parcel Service by 316.7% during the fourth quarter. Janus Henderson Group PLC now owns 1,122,886 shares of the transportation company's stock valued at $141,581,000 after buying an additional 853,388 shares during the last quarter. Institutional investors own 60.26% of the company's stock.

United Parcel Service Trading Up 1.5%

UPS traded up $1.53 on Tuesday, reaching $102.38. 6,510,769 shares of the company traded hands, compared to its average volume of 5,243,001. 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 company has a market cap of $86.70 billion, a P/E ratio of 14.92, a price-to-earnings-growth ratio of 1.95 and a beta of 1.21. The firm has a fifty day simple moving average of $98.91 and a two-hundred day simple moving average of $109.48. United Parcel Service, Inc. has a one year low of $90.55 and a one year high of $148.15.

United Parcel Service (NYSE:UPS - Get Free Report) last issued its earnings results on Tuesday, April 29th. The transportation company reported $1.49 EPS for the quarter, topping analysts' consensus estimates 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 revenue for the quarter was down .9% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.43 EPS. As a group, equities research analysts expect that United Parcel Service, Inc. will post 7.95 earnings per share for the current year.

United Parcel Service Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 5th. Investors of record on Monday, May 19th were issued a $1.64 dividend. The ex-dividend date of this dividend 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 currently 95.63%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on UPS. Galvan Research reduced their price objective on shares of United Parcel Service from $147.00 to $133.00 and set a "buy" rating on the stock in a research report on Wednesday, April 9th. Wolfe Research reduced their price objective on shares of United Parcel Service from $133.00 to $113.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 9th. Barclays reduced their price target on shares of United Parcel Service from $100.00 to $90.00 and set an "underweight" rating on the stock in a research report on Monday, March 31st. Raymond James Financial reduced their price target on shares of United Parcel Service from $145.00 to $130.00 and set a "strong-buy" rating on the stock in a research report on Wednesday, April 9th. Finally, BNP Paribas Exane upgraded shares of 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. Two investment analysts have rated the stock with a sell rating, fifteen have given a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $118.96.

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.