Commerzbank Aktiengesellschaft FI Decreases Stock Position in United Parcel Service, Inc. (NYSE:UPS)

Commerzbank Aktiengesellschaft FI reduced its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 12.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 51,265 shares of the transportation company’s stock after selling 7,463 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in United Parcel Service were worth $6,425,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Charles Schwab Investment Management Inc. increased its stake in shares of United Parcel Service by 6.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 23,264,665 shares of the transportation company’s stock worth $2,933,674,000 after purchasing an additional 1,337,058 shares in the last quarter. Steward Partners Investment Advisory LLC grew its holdings in United Parcel Service by 3.4% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 70,388 shares of the transportation company’s stock valued at $8,876,000 after buying an additional 2,315 shares during the last quarter. Woodley Farra Manion Portfolio Management Inc. increased its position in United Parcel Service by 4.5% during the fourth quarter. Woodley Farra Manion Portfolio Management Inc. now owns 21,868 shares of the transportation company’s stock worth $2,758,000 after buying an additional 950 shares in the last quarter. Fidelis Capital Partners LLC raised its holdings in shares of United Parcel Service by 22.9% in the fourth quarter. Fidelis Capital Partners LLC now owns 3,528 shares of the transportation company’s stock worth $445,000 after acquiring an additional 657 shares during the last quarter. Finally, Plato Investment Management Ltd lifted its position in shares of United Parcel Service by 13.6% in the fourth quarter. Plato Investment Management Ltd now owns 2,768 shares of the transportation company’s stock valued at $350,000 after acquiring an additional 331 shares in the last quarter. Institutional investors and hedge funds own 60.26% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. StockNews.com downgraded shares of United Parcel Service from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th. Baird R W lowered shares of United Parcel Service from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 31st. UBS Group decreased their target price on shares of United Parcel Service from $170.00 to $141.00 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 for the company in a report on Friday, January 31st. Finally, Robert W. Baird cut United Parcel Service from an “outperform” rating to a “neutral” rating and decreased their price objective for the stock from $160.00 to $130.00 in a report on Friday, January 31st. Two research analysts have rated the stock with a sell rating, nine have given a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $140.73.

United Parcel Service Price Performance

United Parcel Service stock opened at $119.27 on Tuesday. The company has a quick ratio of 1.14, a current ratio of 1.17 and a debt-to-equity ratio of 1.16. The firm has a market capitalization of $101.88 billion, a P/E ratio of 17.64, a PEG ratio of 1.55 and a beta of 0.98. The firm has a fifty day moving average of $122.28 and a 200-day moving average of $128.03. United Parcel Service, Inc. has a 52-week low of $109.40 and a 52-week high of $158.95.

United Parcel Service (NYSE:UPS) last released its quarterly earnings results on Thursday, January 30th. The transportation company reported $2.75 EPS for the quarter, topping 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 EPS. As a group, analysts predict that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Tuesday, February 18th will be paid a dividend of $1.64 per share. This represents a $6.56 dividend on an annualized basis and a yield of 5.50%. The ex-dividend date of this dividend is Tuesday, February 18th. This is a positive change from United Parcel Service’s previous quarterly dividend of $1.63. United Parcel Service’s dividend payout ratio (DPR) is 97.04%.

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.