Caerus Investment Advisors LLC Invests $767,000 in United Parcel Service, Inc. $UPS

Caerus Investment Advisors LLC bought a new position in United Parcel Service, Inc. (NYSE:UPS) in the 4th quarter, Holdings Channel reports. The firm bought 7,733 shares of the transportation company’s stock, valued at approximately $767,000.

Several other institutional investors have also recently made changes to their positions in UPS. Brighton Jones LLC lifted its holdings in shares of United Parcel Service by 63.8% in the 4th quarter. Brighton Jones LLC now owns 12,126 shares of the transportation company’s stock worth $1,529,000 after acquiring an additional 4,723 shares during the last quarter. Sivia Capital Partners LLC purchased a new position in United Parcel Service in the 2nd quarter worth about $277,000. SVB Wealth LLC purchased a new position in United Parcel Service in the 2nd quarter worth about $848,000. Treasurer of the State of North Carolina increased its stake in United Parcel Service by 2.7% in the 2nd quarter. Treasurer of the State of North Carolina now owns 342,866 shares of the transportation company’s stock worth $34,609,000 after buying an additional 9,124 shares during the period. Finally, Ieq Capital LLC increased its stake in United Parcel Service by 154.5% in the 2nd quarter. Ieq Capital LLC now owns 104,819 shares of the transportation company’s stock worth $10,580,000 after buying an additional 63,629 shares during the period. Institutional investors own 60.26% of the company’s stock.

United Parcel Service Trading Up 5.2%

NYSE UPS opened at $108.65 on Friday. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.21 and a current ratio of 1.21. The company has a market capitalization of $92.35 billion, a price-to-earnings ratio of 17.58, a price-to-earnings-growth ratio of 1.64 and a beta of 1.05. The company’s 50-day simple moving average is $103.03 and its two-hundred day simple moving average is $104.03. United Parcel Service, Inc. has a one year low of $82.00 and a one year high of $122.41.

United Parcel Service (NYSE:UPS) last posted its earnings results on Tuesday, April 28th. The transportation company reported $1.07 EPS for the quarter, beating analysts’ consensus estimates of $1.02 by $0.05. The business had revenue of $21.20 billion for the quarter, compared to the consensus estimate of $20.99 billion. United Parcel Service had a net margin of 5.94% and a return on equity of 35.95%. The company’s revenue for the quarter was down 1.4% on a year-over-year basis. During the same quarter last year, the firm posted $1.49 EPS. Equities analysts forecast that United Parcel Service, Inc. will post 7.1 EPS for the current fiscal year.

United Parcel Service Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, May 18th were given a dividend of $1.64 per share. The ex-dividend date of this dividend was Monday, May 18th. This represents a $6.56 dividend on an annualized basis and a yield of 6.0%. United Parcel Service’s dividend payout ratio (DPR) is 106.15%.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Evercore reduced their price target on shares of United Parcel Service from $115.00 to $113.00 and set an “in-line” rating on the stock in a research note on Wednesday, April 22nd. Weiss Ratings downgraded shares of United Parcel Service from a “hold (c)” rating to a “sell (d+)” rating in a research note on Friday, May 8th. Citigroup raised their price target on shares of United Parcel Service from $118.00 to $127.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. UBS Group reduced their price target on shares of United Parcel Service from $125.00 to $123.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Finally, Susquehanna raised their price target on shares of United Parcel Service from $116.00 to $118.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eleven have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $111.50.

United Parcel Service Company Profile

United Parcel Service (NYSE: UPS) is a global package delivery and supply chain management company that provides a broad range of transportation, logistics and e-commerce services. Its core business centers on small-package delivery and last-mile distribution for business and individual customers, supported by a network of ground transportation, air cargo operations (UPS Airlines) and sorting facilities. In addition to parcel delivery, UPS offers freight transportation, contract logistics, warehousing, customs brokerage and reverse-logistics solutions designed to support domestic and international commerce.

The company traces its roots to 1907 when it began as a small messenger service in the United States and later evolved into the United Parcel Service.