Capital Advisors Inc. OK Has $834,000 Holdings in United Parcel Service, Inc. (NYSE:UPS)

Capital Advisors Inc. OK lowered its position in United Parcel Service, Inc. (NYSE:UPS) by 28.2% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 6,614 shares of the transportation company’s stock after selling 2,592 shares during the period. Capital Advisors Inc. OK’s holdings in United Parcel Service were worth $834,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. AMF Tjanstepension AB lifted its stake in United Parcel Service by 39.7% in the third quarter. AMF Tjanstepension AB now owns 108,360 shares of the transportation company’s stock valued at $14,793,000 after buying an additional 30,815 shares during the period. Exchange Traded Concepts LLC increased its stake in shares of United Parcel Service by 2,441.5% in the 3rd quarter. Exchange Traded Concepts LLC now owns 8,641 shares of the transportation company’s stock valued at $1,178,000 after acquiring an additional 8,301 shares in the last quarter. Creative Planning lifted its position in shares of United Parcel Service by 3.5% during the 3rd quarter. Creative Planning now owns 245,539 shares of the transportation company’s stock valued at $33,412,000 after acquiring an additional 8,320 shares during the period. NBC Securities Inc. boosted its stake in United Parcel Service by 1.9% during the third quarter. NBC Securities Inc. now owns 9,850 shares of the transportation company’s stock worth $1,342,000 after acquiring an additional 179 shares in the last quarter. Finally, Swedbank AB grew its holdings in United Parcel Service by 2.8% in the third quarter. Swedbank AB now owns 280,509 shares of the transportation company’s stock worth $38,245,000 after purchasing an additional 7,675 shares during the period. Institutional investors and hedge funds own 60.26% of the company’s stock.

Wall Street Analysts Forecast Growth

UPS has been the topic of a number of research analyst reports. The Goldman Sachs Group cut their price objective on shares of United Parcel Service from $166.00 to $147.00 and set a “buy” rating on the stock in a research report on Friday, January 31st. Wells Fargo & Company cut their price target on United Parcel Service from $150.00 to $128.00 and set an “overweight” rating on the stock in a report on Friday, January 31st. BMO Capital Markets upgraded United Parcel Service from a “market perform” rating to an “outperform” rating and decreased their price objective for the company from $155.00 to $150.00 in a report on Tuesday, December 10th. Stifel Nicolaus lowered their target price on United Parcel Service from $156.00 to $153.00 and set a “buy” rating on the stock in a research report on Thursday, January 23rd. Finally, Raymond James reduced their price target on shares of United Parcel Service from $155.00 to $145.00 and set a “strong-buy” rating for the company in a research report on Friday, January 31st. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, United Parcel Service currently has a consensus rating of “Moderate Buy” and an average target price of $140.73.

United Parcel Service Stock Performance

Shares of United Parcel Service stock opened at $114.25 on Thursday. The business’s fifty day simple moving average is $125.25 and its 200 day simple moving average is $129.06. The company has a current ratio of 1.17, a quick ratio of 1.14 and a debt-to-equity ratio of 1.16. United Parcel Service, Inc. has a 12 month low of $109.40 and a 12 month high of $158.95. The firm has a market capitalization of $97.50 billion, a P/E ratio of 16.90, a price-to-earnings-growth ratio of 1.50 and a beta of 0.98.

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

United Parcel Service Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Tuesday, February 18th will be paid a $1.64 dividend. This represents a $6.56 dividend on an annualized basis and a yield of 5.74%. This is a boost from United Parcel Service’s previous quarterly dividend of $1.63. The ex-dividend date of this dividend is Tuesday, February 18th. United Parcel Service’s payout ratio is presently 96.45%.

Insider Activity

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 transaction of $1,015,025.25. Following the completion of the transaction, the insider now owns 45,098 shares in the company, valued at $6,249,229.86. This trade represents a 13.97 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.13% of the company’s stock.

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.