Aptus Capital Advisors LLC Has $1.38 Million Stake in United Parcel Service, Inc. (NYSE:UPS)

Aptus Capital Advisors LLC boosted its position in United Parcel Service, Inc. (NYSE:UPS) by 6.5% in the third quarter, Holdings Channel.com reports. The firm owned 10,129 shares of the transportation company’s stock after purchasing an additional 620 shares during the quarter. Aptus Capital Advisors LLC’s holdings in United Parcel Service were worth $1,381,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Van ECK Associates Corp raised its holdings in 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 during the last quarter. Natixis bought a new position in shares of United Parcel Service during the first quarter valued at $121,000. Cohen Investment Advisors LLC lifted its holdings in shares of United Parcel Service by 26.4% during the third quarter. Cohen Investment Advisors LLC now owns 18,357 shares of the transportation company’s stock worth $2,503,000 after purchasing an additional 3,835 shares during the period. Financial Partners Group LLC grew its stake in shares of United Parcel Service by 23.9% in the second quarter. Financial Partners Group LLC now owns 26,319 shares of the transportation company’s stock worth $3,602,000 after purchasing an additional 5,069 shares during the last quarter. Finally, Weaver C. Barksdale & Associates Inc. increased its holdings in United Parcel Service by 71.8% in the second quarter. Weaver C. Barksdale & Associates Inc. now owns 14,530 shares of the transportation company’s stock valued at $1,988,000 after purchasing an additional 6,073 shares during the period. 60.26% of the stock is currently owned by institutional investors.

United Parcel Service Price Performance

UPS stock opened at $132.64 on Friday. The company has a market capitalization of $113.62 billion, a P/E ratio of 20.04, a price-to-earnings-growth ratio of 2.14 and a beta of 0.99. United Parcel Service, Inc. has a 52-week low of $123.12 and a 52-week high of $163.82. The business has a 50-day simple moving average of $132.27 and a two-hundred day simple moving average of $134.88. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.14 and a current ratio of 1.14.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings data on Thursday, October 24th. The transportation company reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.63 by $0.13. The business had revenue of $22.20 billion for the quarter, compared to analysts’ expectations of $22.10 billion. United Parcel Service had a return on equity of 37.38% and a net margin of 6.25%. The business’s revenue was up 5.4% on a year-over-year basis. During the same period last year, the business earned $1.57 EPS. Research analysts expect that United Parcel Service, Inc. will post 7.48 EPS for the current fiscal year.

United Parcel Service Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Monday, November 18th will be given a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a yield of 4.92%. The ex-dividend date is Monday, November 18th. United Parcel Service’s payout ratio is 98.49%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Baird R W upgraded United Parcel Service to a “strong-buy” rating in a research report on Wednesday, July 24th. Barclays restated an “underweight” rating and issued a $120.00 price target on shares of United Parcel Service in a research report on Monday, October 21st. Bank of America increased their price objective on shares of United Parcel Service from $132.00 to $150.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. Argus upgraded shares of United Parcel Service from a “hold” rating to a “buy” rating in a report on Tuesday, November 5th. Finally, JPMorgan Chase & Co. decreased their price target on United Parcel Service from $140.00 to $139.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, United Parcel Service presently has a consensus rating of “Moderate Buy” and a consensus target price of $151.52.

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.