United Parcel Service, Inc. (NYSE:UPS) Stock Holdings Increased by Banque Cantonale Vaudoise

Banque Cantonale Vaudoise grew its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 20.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 36,164 shares of the transportation company’s stock after buying an additional 6,149 shares during the period. Banque Cantonale Vaudoise’s holdings in United Parcel Service were worth $4,931,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Van ECK Associates Corp boosted its holdings in United Parcel Service by 1,061.1% in the third quarter. Van ECK Associates Corp now owns 1,772,765 shares of the transportation company’s stock worth $232,959,000 after purchasing an additional 1,620,091 shares during the period. Natixis acquired a new position in shares of United Parcel Service in the 1st quarter valued at about $121,000. Cohen Investment Advisors LLC grew its position in shares of United Parcel Service by 26.4% during the 3rd quarter. Cohen Investment Advisors LLC now owns 18,357 shares of the transportation company’s stock valued at $2,503,000 after buying an additional 3,835 shares during the last quarter. Financial Partners Group LLC lifted its holdings in 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 acquiring an additional 5,069 shares during the last quarter. Finally, Weaver C. Barksdale & Associates Inc. boosted its stake 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 acquiring an additional 6,073 shares during the period. Institutional investors and hedge funds own 60.26% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. Wells Fargo & Company increased their price target on United Parcel Service from $134.00 to $142.00 and gave the stock an “overweight” rating in a research report on Thursday, October 10th. The Goldman Sachs Group cut their target price on United Parcel Service from $165.00 to $162.00 and set a “buy” rating on the stock in a research note on Wednesday, October 9th. Baird R W upgraded shares of United Parcel Service to a “strong-buy” rating in a research report on Wednesday, July 24th. StockNews.com upgraded shares of United Parcel Service from a “hold” rating to a “buy” rating in a research report on Wednesday, November 6th. Finally, Oppenheimer upped their target price on shares of United Parcel Service from $140.00 to $146.00 and gave the stock an “outperform” rating in a research report on Monday, October 28th. Two analysts have rated the stock with a sell rating, eight have given a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $151.52.

United Parcel Service Trading Down 1.4 %

Shares of United Parcel Service stock opened at $133.20 on Wednesday. The business has a fifty day simple moving average of $132.70 and a 200-day simple moving average of $134.41. United Parcel Service, Inc. has a fifty-two week low of $123.12 and a fifty-two week high of $163.82. The firm has a market cap of $113.67 billion, a price-to-earnings ratio of 20.12, a price-to-earnings-growth ratio of 2.20 and a beta of 0.99. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.20.

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

United Parcel Service Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Monday, November 18th will be issued a $1.63 dividend. The ex-dividend date is Monday, November 18th. This represents a $6.52 annualized dividend and a dividend yield of 4.89%. United Parcel Service’s dividend payout ratio is currently 98.49%.

United Parcel Service Company 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.