U.S. Capital Wealth Advisors LLC Increases Stock Position in United Parcel Service, Inc. (NYSE:UPS)

U.S. Capital Wealth Advisors LLC lifted its stake in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 31.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 80,372 shares of the transportation company's stock after acquiring an additional 19,317 shares during the quarter. U.S. Capital Wealth Advisors LLC's holdings in United Parcel Service were worth $8,840,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the stock. IMG Wealth Management Inc. acquired a new stake in United Parcel Service during the 4th quarter worth approximately $25,000. Generali Investments Management Co LLC acquired a new stake in United Parcel Service during the 4th quarter worth approximately $26,000. Pinney & Scofield Inc. acquired a new stake in United Parcel Service during the 4th quarter worth approximately $27,000. Citizens National Bank Trust Department lifted its holdings in United Parcel Service by 525.0% during the 1st quarter. Citizens National Bank Trust Department now owns 250 shares of the transportation company's stock worth $27,000 after buying an additional 210 shares in the last quarter. Finally, Fourth Dimension Wealth LLC acquired a new stake in United Parcel Service during the 4th quarter worth approximately $28,000. 60.26% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have issued reports on UPS shares. Citigroup increased their target price on shares of United Parcel Service from $122.00 to $127.00 and gave the stock a "buy" rating in a report on Wednesday. Raymond James Financial reduced their price objective on shares of 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. Wells Fargo & Company restated an "equal weight" rating and issued a $98.00 price objective (down from $120.00) on shares of United Parcel Service in a report on Tuesday, April 22nd. Oppenheimer reduced their price objective on shares of United Parcel Service from $126.00 to $114.00 and set an "outperform" rating on the stock in a report on Wednesday, April 30th. Finally, Hsbc Global Res lowered shares of United Parcel Service from a "strong-buy" rating to a "hold" rating in a report on Thursday, May 1st. Two equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $119.13.

United Parcel Service Stock Performance

UPS stock traded up $0.72 during trading on Thursday, hitting $102.87. The company had a trading volume of 3,645,299 shares, compared to its average volume of 5,242,406. The firm has a market cap of $87.11 billion, a PE ratio of 15.00, a price-to-earnings-growth ratio of 1.96 and a beta of 1.21. United Parcel Service, Inc. has a 1-year low of $90.55 and a 1-year high of $148.15. The firm has a 50-day moving average price of $99.16 and a 200-day moving average price of $109.38. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.24.

United Parcel Service (NYSE:UPS - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The transportation company reported $1.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.11. The firm had revenue of $21.50 billion for the quarter, compared to analysts' expectations of $21.25 billion. United Parcel Service had a return on equity of 40.15% and a net margin of 6.44%. The firm's revenue for the quarter was down .9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.43 EPS. On average, analysts expect 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, June 5th. Investors of record on Monday, May 19th were given a $1.64 dividend. This represents a $6.56 annualized dividend and a yield of 6.38%. The ex-dividend date was Monday, May 19th. 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.