Compagnie Lombard Odier SCmA Purchases 1,591 Shares of United Parcel Service, Inc. (NYSE:UPS)

Compagnie Lombard Odier SCmA lifted its position in United Parcel Service, Inc. (NYSE:UPS) by 17,677.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,600 shares of the transportation company’s stock after buying an additional 1,591 shares during the period. Compagnie Lombard Odier SCmA’s holdings in United Parcel Service were worth $202,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in UPS. International Assets Investment Management LLC increased its position in shares of United Parcel Service by 15,779.6% in the 3rd quarter. International Assets Investment Management LLC now owns 14,631,461 shares of the transportation company’s stock valued at $1,994,853,000 after buying an additional 14,539,321 shares in the last quarter. Two Sigma Advisers LP increased its position in shares of United Parcel Service by 833.4% in the 3rd quarter. Two Sigma Advisers LP now owns 2,074,100 shares of the transportation company’s stock valued at $282,783,000 after buying an additional 1,851,900 shares in the last quarter. Van ECK Associates Corp increased its position in shares of United Parcel Service by 1,061.1% in the 3rd quarter. Van ECK Associates Corp now owns 1,772,765 shares of the transportation company’s stock valued at $232,959,000 after buying an additional 1,620,091 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of United Parcel Service by 6.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 21,927,607 shares of the transportation company’s stock valued at $2,989,609,000 after buying an additional 1,320,921 shares in the last quarter. Finally, Assenagon Asset Management S.A. increased its position in shares of United Parcel Service by 5,136.2% in the 3rd quarter. Assenagon Asset Management S.A. now owns 1,079,964 shares of the transportation company’s stock valued at $147,242,000 after buying an additional 1,059,339 shares in the last quarter. Institutional investors own 60.26% of the company’s stock.

Insider Buying and Selling at United Parcel Service

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 7,325 shares of the stock in a transaction dated 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 directly 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.13% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on UPS shares. Barclays reaffirmed an “underweight” rating and issued a $120.00 target price on shares of United Parcel Service in a research note on Monday, October 21st. StockNews.com raised shares of United Parcel Service from a “hold” rating to a “buy” rating in a research note on Wednesday, November 6th. Susquehanna reduced their target price on shares of United Parcel Service from $140.00 to $130.00 and set a “neutral” rating for the company in a research note on Friday, January 31st. Loop Capital reduced their target price on shares of United Parcel Service from $120.00 to $115.00 and set a “hold” rating for the company in a research note on Monday, February 3rd. Finally, Wolfe Research raised shares of United Parcel Service from a “peer perform” rating to an “outperform” rating and set a $147.00 target price for the company in a research note on Wednesday, January 8th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $140.73.

United Parcel Service Trading Up 0.6 %

Shares of NYSE:UPS opened at $116.37 on Friday. United Parcel Service, Inc. has a 52-week low of $109.40 and a 52-week high of $158.95. The company has a market capitalization of $99.31 billion, a P/E ratio of 17.21, a price-to-earnings-growth ratio of 1.50 and a beta of 0.98. The company has a 50-day simple moving average of $124.72 and a 200 day simple moving average of $128.86. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.14 and a current ratio of 1.17.

United Parcel Service (NYSE:UPS) last released its quarterly earnings results on Thursday, January 30th. The transportation company reported $2.75 earnings per share for the quarter, beating the consensus estimate of $2.52 by $0.23. United Parcel Service had a net margin of 6.35% and a return on equity of 39.13%. During the same period in the previous year, the company posted $2.47 EPS. Sell-side analysts forecast that United Parcel Service, Inc. will post 7.99 earnings per share for the current year.

United Parcel Service Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Tuesday, February 18th will be issued a $1.64 dividend. This is a boost from United Parcel Service’s previous quarterly dividend of $1.63. This represents a $6.56 annualized dividend and a yield of 5.64%. The ex-dividend date is Tuesday, February 18th. United Parcel Service’s dividend payout ratio is currently 97.04%.

United Parcel Service 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.