State Street Boosts UPS Stake as Revenue Rises 7.6% and Dividend Yield Hits 6.4%
State Street Corp increased its UPS holding to 32,092,627 shares after buying 1,029,377 shares in the last quarter. UPS reported quarterly revenue up 7.6% year over year, with an annualized dividend of $6.56 and a 6.4% yield. Multiple firms raised price targets or upgraded ratings, while other large investors also adjusted their stakes.