United Parcel Service, Inc. (NYSE:UPS) Holdings Boosted by Vision Capital Management Inc.

Vision Capital Management Inc. boosted its stake in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 13.6% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 26,782 shares of the transportation company's stock after acquiring an additional 3,213 shares during the period. Vision Capital Management Inc.'s holdings in United Parcel Service were worth $2,946,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in UPS. Brighton Jones LLC increased its position in United Parcel Service by 63.8% in the 4th quarter. Brighton Jones LLC now owns 12,126 shares of the transportation company's stock valued at $1,529,000 after acquiring an additional 4,723 shares during the period. Proficio Capital Partners LLC acquired a new position in United Parcel Service during the 4th quarter worth approximately $219,000. Independent Advisor Alliance boosted its stake in shares of United Parcel Service by 20.3% during the 4th quarter. Independent Advisor Alliance now owns 46,258 shares of the transportation company's stock worth $5,833,000 after acquiring an additional 7,821 shares in the last quarter. Citizens Financial Group Inc. RI boosted its stake in shares of United Parcel Service by 7.5% during the 4th quarter. Citizens Financial Group Inc. RI now owns 15,719 shares of the transportation company's stock worth $1,982,000 after acquiring an additional 1,095 shares in the last quarter. Finally, AGF Management Ltd. boosted its stake in shares of United Parcel Service by 354.6% during the 4th quarter. AGF Management Ltd. now owns 23,965 shares of the transportation company's stock worth $3,022,000 after acquiring an additional 18,693 shares in the last quarter. Institutional investors and hedge funds own 60.26% of the company's stock.

United Parcel Service Stock Performance

Shares of NYSE:UPS traded down $1.63 during trading hours on Friday, hitting $101.29. The stock had a trading volume of 4,337,400 shares, compared to its average volume of 5,257,434. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.09 and a current ratio of 1.09. The firm has a market capitalization of $85.77 billion, a price-to-earnings ratio of 14.77, a PEG ratio of 1.98 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 stock's fifty day simple moving average is $99.42 and its 200 day simple moving average is $109.05.

United Parcel Service (NYSE:UPS - Get Free Report) last posted its quarterly earnings results on Tuesday, April 29th. The transportation company reported $1.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.38 by $0.11. The firm had revenue of $21.50 billion for the quarter, compared to analyst estimates of $21.25 billion. United Parcel Service had a net margin of 6.44% and a return on equity of 40.15%. The firm's quarterly revenue was down .9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.43 earnings per share. Sell-side analysts anticipate that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.

United Parcel Service Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, May 19th were given a $1.64 dividend. The ex-dividend date was Monday, May 19th. This represents a $6.56 annualized dividend and a yield of 6.48%. United Parcel Service's dividend payout ratio (DPR) is 95.63%.

Analyst Ratings Changes

Several brokerages have recently commented on UPS. UBS Group decreased their price target on 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. BNP Paribas upgraded United Parcel Service to a "hold" rating in a report on Thursday, July 3rd. BMO Capital Markets cut their price target on United Parcel Service from $130.00 to $125.00 and set an "outperform" rating for the company in a report on Wednesday, April 30th. Hsbc Global Res downgraded United Parcel Service from a "strong-buy" rating to a "hold" rating in a report on Thursday, May 1st. Finally, Wolfe Research cut their price target on United Parcel Service from $133.00 to $113.00 and set an "outperform" rating for the company in a report on Wednesday, April 9th. Two research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $119.13.

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.