Capital Advisors Inc. OK Takes Position in United Parcel Service, Inc. (NYSE:UPS)

Capital Advisors Inc. OK acquired a new stake in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 37,725 shares of the transportation company's stock, valued at approximately $5,932,000.

A number of other institutional investors have also recently made changes to their positions in UPS. RB Capital Management LLC grew its position in shares of United Parcel Service by 3.1% during the first quarter. RB Capital Management LLC now owns 2,689 shares of the transportation company's stock valued at $577,000 after purchasing an additional 81 shares in the last quarter. Ergoteles LLC purchased a new position in United Parcel Service in the first quarter worth about $1,162,000. Halbert Hargrove Global Advisors LLC grew its position in United Parcel Service by 10.0% in the first quarter. Halbert Hargrove Global Advisors LLC now owns 1,233 shares of the transportation company's stock worth $264,000 after acquiring an additional 112 shares in the last quarter. First Western Trust Bank purchased a new position in United Parcel Service in the first quarter worth about $515,000. Finally, Stevens Capital Management LP purchased a new position in United Parcel Service in the first quarter worth about $701,000. Hedge funds and other institutional investors own 60.26% of the company's stock.

United Parcel Service Trading Down 2.8 %

Shares of United Parcel Service stock traded down $4.10 on Friday, hitting $144.91. 4,123,853 shares of the company traded hands, compared to its average volume of 4,859,801. The stock's 50 day moving average price is $149.70 and its 200-day moving average price is $151.57. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.09. United Parcel Service, Inc. has a 52 week low of $133.68 and a 52 week high of $197.80. The company has a market cap of $123.56 billion, a PE ratio of 18.60, a PEG ratio of 1.68 and a beta of 1.05.

United Parcel Service (NYSE:UPS - Get Free Report) last issued its quarterly earnings data on Tuesday, January 30th. The transportation company reported $2.47 EPS for the quarter, topping analysts' consensus estimates of $2.46 by $0.01. The company had revenue of $24.92 billion during the quarter, compared to the consensus estimate of $25.40 billion. United Parcel Service had a net margin of 7.37% and a return on equity of 39.46%. United Parcel Service's revenue for the quarter was down 7.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.62 earnings per share. Equities research analysts predict that United Parcel Service, Inc. will post 8.21 EPS for the current year.

United Parcel Service Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 8th. Investors of record on Tuesday, February 20th were paid a $1.63 dividend. This is an increase from United Parcel Service's previous quarterly dividend of $1.62. The ex-dividend date was Friday, February 16th. This represents a $6.52 dividend on an annualized basis and a yield of 4.50%. United Parcel Service's payout ratio is 83.70%.

Insider Buying and Selling

In other United Parcel Service news, Director Eva C. Boratto acquired 1,400 shares of United Parcel Service stock in a transaction that occurred on Friday, February 2nd. The stock was bought at an average price of $142.30 per share, with a total value of $199,220.00. Following the completion of the purchase, the director now directly owns 1,400 shares of the company's stock, valued at approximately $199,220. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.13% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research analysts recently commented on UPS shares. Barclays dropped their price target on United Parcel Service from $150.00 to $145.00 and set an "equal weight" rating for the company in a research report on Wednesday, January 31st. Daiwa Capital Markets lowered United Parcel Service from an "outperform" rating to a "neutral" rating and set a $155.00 price target for the company. in a research report on Tuesday, December 26th. Susquehanna reiterated a "neutral" rating and issued a $150.00 price target on shares of United Parcel Service in a research report on Wednesday, March 27th. Morgan Stanley raised their price objective on shares of United Parcel Service from $95.00 to $100.00 and gave the stock an "underweight" rating in a research note on Wednesday, March 27th. Finally, HSBC decreased their price objective on shares of United Parcel Service from $155.00 to $150.00 and set a "hold" rating for the company in a research note on Thursday, March 28th. One research analyst has rated the stock with a sell rating, sixteen have given a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, United Parcel Service has a consensus rating of "Hold" and an average price target of $165.61.

United Parcel Service Company Profile

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.