Swiss National Bank Acquires 151,500 Shares of United Parcel Service, Inc. $UPS

Swiss National Bank raised its holdings in United Parcel Service, Inc. (NYSE:UPS) by 7.5% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,168,600 shares of the transportation company’s stock after purchasing an additional 151,500 shares during the quarter. Swiss National Bank’s holdings in United Parcel Service were worth $213,347,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Potomac Fund Management Inc. ADV raised its holdings in shares of United Parcel Service by 0.8% during the 4th quarter. Potomac Fund Management Inc. ADV now owns 11,324 shares of the transportation company’s stock worth $1,123,000 after buying an additional 90 shares in the last quarter. Westbourne Investments Inc. lifted its position in shares of United Parcel Service by 1.2% during the 4th quarter. Westbourne Investments Inc. now owns 7,876 shares of the transportation company’s stock worth $781,000 after buying an additional 91 shares during the last quarter. Ipsen Advisor Group LLC boosted its stake in United Parcel Service by 1.7% in the fourth quarter. Ipsen Advisor Group LLC now owns 5,670 shares of the transportation company’s stock valued at $562,000 after buying an additional 95 shares in the last quarter. Webster Bank N. A. boosted its stake in United Parcel Service by 16.7% in the fourth quarter. Webster Bank N. A. now owns 698 shares of the transportation company’s stock valued at $69,000 after buying an additional 100 shares in the last quarter. Finally, Peoples Financial Services CORP. grew its position in United Parcel Service by 2.5% in the fourth quarter. Peoples Financial Services CORP. now owns 4,030 shares of the transportation company’s stock valued at $400,000 after acquiring an additional 100 shares during the last quarter. Institutional investors and hedge funds own 60.26% of the company’s stock.

United Parcel Service Trading Up 0.0%

Shares of UPS stock opened at $117.77 on Monday. The stock has a market cap of $100.10 billion, a price-to-earnings ratio of 19.06, a PEG ratio of 1.87 and a beta of 1.05. The stock has a 50-day moving average of $106.68 and a 200-day moving average of $106.14. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 1.50. United Parcel Service, Inc. has a 1-year low of $82.00 and a 1-year high of $122.41.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings data on Tuesday, April 28th. The transportation company reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.02 by $0.05. The company had revenue of $21.20 billion during the quarter, compared to the consensus estimate of $20.99 billion. United Parcel Service had a return on equity of 35.95% and a net margin of 5.94%.The firm’s revenue was down 1.4% compared to the same quarter last year. During the same period last year, the company earned $1.49 earnings per share. On average, equities research analysts forecast that United Parcel Service, Inc. will post 7.1 earnings per share for the current year.

United Parcel Service Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, May 18th were issued a dividend of $1.64 per share. The ex-dividend date was Monday, May 18th. This represents a $6.56 annualized dividend and a yield of 5.6%. United Parcel Service’s dividend payout ratio (DPR) is presently 106.15%.

Wall Street Analyst Weigh In

Several research analysts have commented on UPS shares. Wall Street Zen raised United Parcel Service from a “hold” rating to a “buy” rating in a research note on Saturday. Susquehanna lifted their price target on shares of United Parcel Service from $116.00 to $118.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Citizens Jmp began coverage on shares of United Parcel Service in a research report on Wednesday, July 15th. They set a “market perform” rating for the company. Weiss Ratings raised shares of United Parcel Service from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, July 10th. Finally, UBS Group cut their target price on shares of United Parcel Service from $125.00 to $123.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $111.10.

United Parcel Service Company Profile

United Parcel Service (NYSE: UPS) is a global package delivery and supply chain management company that provides a broad range of transportation, logistics and e-commerce services. Its core business centers on small-package delivery and last-mile distribution for business and individual customers, supported by a network of ground transportation, air cargo operations (UPS Airlines) and sorting facilities. In addition to parcel delivery, UPS offers freight transportation, contract logistics, warehousing, customs brokerage and reverse-logistics solutions designed to support domestic and international commerce.

The company traces its roots to 1907 when it began as a small messenger service in the United States and later evolved into the United Parcel Service.