Bank Julius Baer & Co. Ltd Zurich Has $74.30 Million Position in United Parcel Service, Inc. (NYSE:UPS)

Bank Julius Baer & Co. Ltd Zurich boosted its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 6.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 555,927 shares of the transportation company’s stock after buying an additional 35,259 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich owned approximately 0.07% of United Parcel Service worth $74,303,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of UPS. Pacific Sage Partners LLC lifted its stake in shares of United Parcel Service by 4.8% during the fourth quarter. Pacific Sage Partners LLC now owns 1,677 shares of the transportation company’s stock valued at $212,000 after acquiring an additional 77 shares during the period. Banco Santander S.A. lifted its position in United Parcel Service by 0.6% during the 3rd quarter. Banco Santander S.A. now owns 12,596 shares of the transportation company’s stock valued at $1,717,000 after purchasing an additional 79 shares during the period. Quent Capital LLC lifted its position in United Parcel Service by 16.7% during the 4th quarter. Quent Capital LLC now owns 558 shares of the transportation company’s stock valued at $70,000 after purchasing an additional 80 shares during the period. Tradewinds LLC. boosted its stake in shares of United Parcel Service by 1.8% in the 3rd quarter. Tradewinds LLC. now owns 4,487 shares of the transportation company’s stock valued at $612,000 after purchasing an additional 81 shares during the last quarter. Finally, OLD Second National Bank of Aurora grew its position in shares of United Parcel Service by 1.2% during the 3rd quarter. OLD Second National Bank of Aurora now owns 7,177 shares of the transportation company’s stock worth $979,000 after buying an additional 83 shares during the period. 60.26% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have commented on UPS shares. Stifel Nicolaus dropped their target price on shares of United Parcel Service from $156.00 to $153.00 and set a “buy” rating for the company in a research report on Thursday, January 23rd. Robert W. Baird lowered United Parcel Service from an “outperform” rating to a “neutral” rating and cut their target price for the company from $160.00 to $130.00 in a research note on Friday, January 31st. StockNews.com upgraded United Parcel Service from a “hold” rating to a “buy” rating in a research report on Wednesday. Evercore ISI increased their price target on shares of United Parcel Service from $141.00 to $147.00 and gave the company an “in-line” rating in a research report on Wednesday, January 22nd. Finally, Bank of America decreased their price objective on shares of United Parcel Service from $150.00 to $133.00 and set a “buy” rating for the company in a report on Friday, January 31st. Two analysts have rated the stock with a sell rating, nine have given a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, United Parcel Service presently has an average rating of “Moderate Buy” and a consensus price target of $138.00.

United Parcel Service Trading Up 0.9 %

NYSE:UPS opened at $121.59 on Friday. The company has a market cap of $103.85 billion, a P/E ratio of 17.99, a price-to-earnings-growth ratio of 1.55 and a beta of 0.98. United Parcel Service, Inc. has a twelve month low of $109.40 and a twelve month high of $158.95. The business has a 50 day moving average price of $121.73 and a two-hundred day moving average price of $127.78. The company has a quick ratio of 1.14, a current ratio of 1.17 and a debt-to-equity ratio of 1.16.

United Parcel Service (NYSE:UPS) last announced its 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 net margin of 6.35% and a return on equity of 39.13%. During the same quarter in the previous year, the business earned $2.47 earnings per share. As a group, analysts expect that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal year.

United Parcel Service Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Tuesday, February 18th were issued a $1.64 dividend. This represents a $6.56 annualized dividend and a dividend yield of 5.40%. The ex-dividend date was Tuesday, February 18th. This is an increase from United Parcel Service’s previous quarterly dividend of $1.63. United Parcel Service’s dividend payout ratio is presently 97.04%.

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.