Capital Investment Advisors LLC Has $24.05 Million Stake in United Parcel Service, Inc. (NYSE:UPS)

Capital Investment Advisors LLC decreased its position in United Parcel Service, Inc. (NYSE:UPS) by 6.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 190,695 shares of the transportation company’s stock after selling 12,926 shares during the quarter. Capital Investment Advisors LLC’s holdings in United Parcel Service were worth $24,049,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Cigna Investments Inc. New increased its position in United Parcel Service by 1.0% in the third quarter. Cigna Investments Inc. New now owns 7,508 shares of the transportation company’s stock worth $1,024,000 after purchasing an additional 75 shares during the period. Banco Santander S.A. grew its position in shares of United Parcel Service by 0.6% during the 3rd quarter. Banco Santander S.A. now owns 12,596 shares of the transportation company’s stock worth $1,717,000 after buying an additional 79 shares during the period. Gleason Group Inc. increased its stake in shares of United Parcel Service by 1.2% in the 3rd quarter. Gleason Group Inc. now owns 6,576 shares of the transportation company’s stock valued at $897,000 after acquiring an additional 80 shares during the last quarter. Tradewinds LLC. boosted its stake in United Parcel Service by 1.8% during the 3rd quarter. Tradewinds LLC. now owns 4,487 shares of the transportation company’s stock worth $612,000 after acquiring an additional 81 shares during the last quarter. Finally, OLD Second National Bank of Aurora increased its stake in United Parcel Service by 1.2% in the third quarter. OLD Second National Bank of Aurora now owns 7,177 shares of the transportation company’s stock valued at $979,000 after purchasing an additional 83 shares in the last quarter. 60.26% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, insider Norman M. Brothers, Jr. sold 7,325 shares of the stock in a transaction on Monday, November 25th. The shares were sold at an average price of $138.57, for a total value of $1,015,025.25. Following the transaction, the insider now owns 45,098 shares of the company’s stock, valued at $6,249,229.86. This represents a 13.97 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.13% of the company’s stock.

United Parcel Service Stock Down 0.0 %

UPS stock traded down $0.03 during trading on Monday, reaching $123.25. The stock had a trading volume of 2,644,719 shares, compared to its average volume of 3,907,288. The company’s 50 day moving average is $129.54 and its two-hundred day moving average is $131.16. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.20. United Parcel Service, Inc. has a one year low of $121.56 and a one year high of $161.35. The company has a market capitalization of $105.18 billion, a price-to-earnings ratio of 18.62, a P/E/G ratio of 2.11 and a beta of 1.00.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings results on Thursday, October 24th. The transportation company reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.63 by $0.13. The company had revenue of $22.20 billion for the quarter, compared to analysts’ expectations of $22.10 billion. United Parcel Service had a net margin of 6.25% and a return on equity of 37.38%. United Parcel Service’s revenue was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.57 EPS. Equities research analysts forecast that United Parcel Service, Inc. will post 7.48 EPS for the current year.

United Parcel Service Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Monday, November 18th were paid a $1.63 dividend. The ex-dividend date was Monday, November 18th. This represents a $6.52 dividend on an annualized basis and a yield of 5.29%. United Parcel Service’s dividend payout ratio is 98.49%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on UPS. JPMorgan Chase & Co. raised their price objective on United Parcel Service from $134.00 to $135.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 7th. Evercore ISI increased their price objective on shares of United Parcel Service from $138.00 to $141.00 and gave the stock an “in-line” rating in a research note on Tuesday, October 22nd. Barclays reissued an “underweight” rating and issued a $120.00 price objective on shares of United Parcel Service in a report on Monday, October 21st. Oppenheimer boosted their price objective on shares of United Parcel Service from $140.00 to $146.00 and gave the stock an “outperform” rating in a research note on Monday, October 28th. Finally, UBS Group boosted their price target on United Parcel Service from $159.00 to $170.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Two analysts have rated the stock with a sell rating, six have issued a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, United Parcel Service currently has an average rating of “Moderate Buy” and an average price target of $151.10.

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.