Sanibel Captiva Trust Company Inc. Increases Holdings in United Parcel Service, Inc. (NYSE:UPS)

Sanibel Captiva Trust Company Inc. boosted its position in United Parcel Service, Inc. (NYSE:UPS) by 16.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 95,512 shares of the transportation company’s stock after buying an additional 13,669 shares during the quarter. Sanibel Captiva Trust Company Inc.’s holdings in United Parcel Service were worth $12,044,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of UPS. International Assets Investment Management LLC grew its holdings in shares of United Parcel Service by 15,779.6% during 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 purchasing an additional 14,539,321 shares during the last quarter. Marshall Wace LLP boosted its position in United Parcel Service by 284.8% during the second quarter. Marshall Wace LLP now owns 2,569,831 shares of the transportation company’s stock valued at $351,681,000 after buying an additional 1,901,914 shares during the period. Two Sigma Advisers LP grew its stake in shares of United Parcel Service by 833.4% during the third 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 during the last quarter. Van ECK Associates Corp grew its stake in shares of United Parcel Service by 1,061.1% during the third 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 during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of United Parcel Service by 6.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 21,927,607 shares of the transportation company’s stock worth $2,989,609,000 after buying an additional 1,320,921 shares during the period. 60.26% of the stock is currently owned by institutional investors.

United Parcel Service Price Performance

Shares of NYSE UPS opened at $129.77 on Friday. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.14 and a current ratio of 1.14. The company has a 50 day simple moving average of $129.01 and a two-hundred day simple moving average of $130.97. United Parcel Service, Inc. has a fifty-two week low of $121.56 and a fifty-two week high of $161.35. The company has a market capitalization of $110.74 billion, a price-to-earnings ratio of 19.60, a P/E/G ratio of 1.73 and a beta of 1.00.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings data on Thursday, October 24th. The transportation company reported $1.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.63 by $0.13. United Parcel Service had a return on equity of 37.38% and a net margin of 6.25%. The business had revenue of $22.20 billion during the quarter, compared to analysts’ expectations of $22.10 billion. During the same quarter in the previous year, the business earned $1.57 earnings per share. The firm’s quarterly revenue was up 5.4% compared to the same quarter last year. Analysts expect that United Parcel Service, Inc. will post 7.49 EPS for the current fiscal year.

United Parcel Service Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, November 18th were issued a $1.63 dividend. The ex-dividend date of this dividend was Monday, November 18th. This represents a $6.52 annualized dividend and a yield of 5.02%. United Parcel Service’s dividend payout ratio (DPR) is presently 98.49%.

Insider Transactions at United Parcel Service

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 7,325 shares of the business’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $138.57, for a total value of $1,015,025.25. Following the completion of the transaction, the insider now owns 45,098 shares of the company’s stock, valued at approximately $6,249,229.86. The trade was a 13.97 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.13% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. UBS Group raised 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. Argus raised shares of United Parcel Service from a “hold” rating to a “buy” rating in a research note on Tuesday, November 5th. BMO Capital Markets raised shares of United Parcel Service from a “market perform” rating to an “outperform” rating and dropped their price target for the company from $155.00 to $150.00 in a research report on Tuesday, December 10th. The Goldman Sachs Group cut their price target on shares of United Parcel Service from $165.00 to $162.00 and set a “buy” rating on the stock in a report on Wednesday, October 9th. Finally, Barclays reaffirmed an “underweight” rating and set a $120.00 price objective on shares of United Parcel Service in a research note on Monday, October 21st. Two analysts have rated the stock with a sell rating, five have given a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, United Parcel Service has a consensus rating of “Moderate Buy” and an average price target of $151.10.

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.