Lombard Odier Asset Management Switzerland SA Has $2.49 Million Holdings in United Parcel Service, Inc. $UPS

Lombard Odier Asset Management Switzerland SA lifted its position in United Parcel Service, Inc. (NYSE:UPS) by 42.2% in the first quarter, Holdings Channel.com reports. The institutional investor owned 25,269 shares of the transportation company’s stock after purchasing an additional 7,500 shares during the period. Lombard Odier Asset Management Switzerland SA’s holdings in United Parcel Service were worth $2,486,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of UPS. University of Texas Texas AM Investment Management Co. acquired a new stake in United Parcel Service in the 4th quarter worth $25,000. IFC & Insurance Marketing Inc. bought a new stake in shares of United Parcel Service in the fourth quarter valued at about $25,000. Coston McIsaac & Partners lifted its stake in shares of United Parcel Service by 77.8% in the fourth quarter. Coston McIsaac & Partners now owns 272 shares of the transportation company’s stock valued at $27,000 after buying an additional 119 shares during the period. Torren Management LLC acquired a new stake in United Parcel Service during the fourth quarter worth about $29,000. Finally, Kemnay Advisory Services Inc. acquired a new stake in United Parcel Service during the fourth quarter worth about $29,000. 60.26% of the stock is currently owned by institutional investors and hedge funds.

United Parcel Service Stock Down 0.2%

Shares of NYSE:UPS opened at $114.60 on Monday. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.21 and a quick ratio of 1.21. The stock has a market cap of $97.41 billion, a price-to-earnings ratio of 18.54, a P/E/G ratio of 1.83 and a beta of 1.05. The company has a 50 day moving average of $108.28 and a 200-day moving average of $106.66. 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 announced its quarterly earnings results on Tuesday, April 28th. The transportation company reported $1.07 earnings per share for the quarter, topping analysts’ consensus estimates of $1.02 by $0.05. United Parcel Service had a net margin of 5.94% and a return on equity of 35.95%. The company had revenue of $21.20 billion for the quarter, compared to analysts’ expectations of $20.99 billion. During the same period last year, the firm posted $1.49 earnings per share. The business’s quarterly revenue was down 1.4% compared to the same quarter last year. On average, sell-side analysts forecast that United Parcel Service, Inc. will post 7.1 earnings per share for the current year.

United Parcel Service Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, May 18th were issued a dividend of $1.64 per share. The ex-dividend date was Monday, May 18th. This represents a $6.56 dividend on an annualized basis and a yield of 5.7%. United Parcel Service’s dividend payout ratio (DPR) is presently 106.15%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on UPS shares. UBS Group lowered 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 report on Wednesday, April 29th. Stephens upgraded shares of United Parcel Service to a “strong-buy” rating in a research report on Wednesday, July 8th. Susquehanna lifted their target price on shares of United Parcel Service from $116.00 to $118.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Citizens Jmp began coverage on shares of United Parcel Service in a research note on Wednesday, July 15th. They issued a “market perform” rating on the stock. Finally, Weiss Ratings raised shares of United Parcel Service from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, July 10th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus 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.