United Parcel Service, Inc. (NYSE:UPS) is Capital CS Group LLC’s Largest Position

Capital CS Group LLC trimmed its position in shares of United Parcel Service, Inc. (NYSE:UPSFree Report) by 0.1% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 333,661 shares of the transportation company’s stock after selling 214 shares during the quarter. United Parcel Service makes up approximately 47.2% of Capital CS Group LLC’s investment portfolio, making the stock its largest position. Capital CS Group LLC’s holdings in United Parcel Service were worth $49,592,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Tennessee Valley Asset Management Partners purchased a new position in shares of United Parcel Service during the 4th quarter worth $26,000. Life Planning Partners Inc purchased a new position in shares of United Parcel Service during the 4th quarter worth $28,000. Northwest Financial Advisors purchased a new position in shares of United Parcel Service during the 4th quarter worth $28,000. Pineridge Advisors LLC purchased a new position in shares of United Parcel Service during the 4th quarter worth $31,000. Finally, Bourgeon Capital Management LLC purchased a new position in shares of United Parcel Service during the 4th quarter worth $31,000. 60.26% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on UPS shares. Evercore ISI reissued an “in-line” rating and set a $154.00 target price on shares of United Parcel Service in a research note on Wednesday, March 27th. Bank of America increased their target price on United Parcel Service from $157.00 to $160.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 24th. TD Cowen decreased their target price on United Parcel Service from $147.00 to $140.00 and set a “hold” rating on the stock in a research note on Thursday, March 28th. Morgan Stanley increased their target price on United Parcel Service from $95.00 to $100.00 and gave the stock an “underweight” rating in a research note on Wednesday, March 27th. Finally, Oppenheimer increased their target price on United Parcel Service from $153.00 to $157.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 24th. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, United Parcel Service presently has an average rating of “Hold” and a consensus target price of $164.95.

Check Out Our Latest Stock Report on UPS

United Parcel Service Price Performance

Shares of NYSE UPS traded down $0.27 during trading on Friday, reaching $136.60. The company had a trading volume of 9,237,861 shares, compared to its average volume of 3,347,812. United Parcel Service, Inc. has a twelve month low of $132.90 and a twelve month high of $192.98. The stock has a market capitalization of $116.87 billion, a PE ratio of 19.80, a price-to-earnings-growth ratio of 1.74 and a beta of 1.01. The stock has a 50-day moving average price of $142.34 and a two-hundred day moving average price of $149.26. The company has a current ratio of 1.10, a quick ratio of 1.04 and a debt-to-equity ratio of 1.11.

United Parcel Service (NYSE:UPSGet Free Report) last released its quarterly earnings results on Tuesday, April 23rd. The transportation company reported $1.43 earnings per share for the quarter, topping analysts’ consensus estimates of $1.33 by $0.10. United Parcel Service had a return on equity of 37.42% and a net margin of 6.60%. The company had revenue of $21.70 billion during the quarter, compared to analysts’ expectations of $21.84 billion. During the same period in the previous year, the firm posted $2.20 earnings per share. The business’s revenue for the quarter was down 5.3% compared to the same quarter last year. As a group, sell-side analysts predict that United Parcel Service, Inc. will post 8.22 earnings per share for the current year.

United Parcel Service Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 30th. Stockholders of record on Monday, May 13th were given a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a dividend yield of 4.77%. The ex-dividend date of this dividend was Friday, May 10th. United Parcel Service’s dividend payout ratio is currently 94.49%.

United Parcel Service Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for United Parcel Service (NYSE:UPS)

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