Traders Sell Shares of United Parcel Service (UPS) on Strength (UPS)

Investors sold shares of United Parcel Service, Inc. (NYSE:UPS) on strength during trading on Tuesday. $165.15 million flowed into the stock on the tick-up and $214.86 million flowed out of the stock on the tick-down, for a money net flow of $49.71 million out of the stock. Of all stocks tracked, United Parcel Service had the 0th highest net out-flow for the day. United Parcel Service traded up $1.25 for the day and closed at $107.56

A number of analysts have commented on the stock. Credit Suisse Group reaffirmed a “hold” rating and set a $137.00 price target on shares of United Parcel Service in a research report on Wednesday, January 17th. BMO Capital Markets upped their price target on shares of United Parcel Service from $115.00 to $128.00 and gave the company a “market perform” rating in a research report on Friday, October 27th. Goldman Sachs Group assumed coverage on shares of United Parcel Service in a research report on Monday, November 13th. They set a “buy” rating and a $148.00 price target on the stock. Vetr raised shares of United Parcel Service from a “sell” rating to a “hold” rating and set a $116.85 price target on the stock in a research report on Tuesday, December 26th. Finally, Stifel Nicolaus upped their price target on shares of United Parcel Service from $103.00 to $112.00 and gave the company a “hold” rating in a research report on Friday, October 27th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $126.47.

The firm has a market capitalization of $92,394.04, a PE ratio of 18.97, a PEG ratio of 1.61 and a beta of 0.91. The company has a quick ratio of 1.06, a current ratio of 1.22 and a debt-to-equity ratio of 19.69.

United Parcel Service (NYSE:UPS) last released its quarterly earnings data on Thursday, February 1st. The transportation company reported $1.67 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.66 by $0.01. The company had revenue of $18.83 billion for the quarter, compared to analysts’ expectations of $18.20 billion. United Parcel Service had a net margin of 7.45% and a return on equity of 477.77%. The business’s revenue was up 11.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.63 EPS. research analysts expect that United Parcel Service, Inc. will post 7.23 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 7th. Stockholders of record on Tuesday, February 20th will be given a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a dividend yield of 3.41%. The ex-dividend date is Friday, February 16th. This is a boost from United Parcel Service’s previous quarterly dividend of $0.83. United Parcel Service’s dividend payout ratio is 59.07%.

Several hedge funds have recently added to or reduced their stakes in UPS. Focused Wealth Management Inc acquired a new stake in shares of United Parcel Service in the 4th quarter worth about $106,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of United Parcel Service in the 3rd quarter worth about $120,000. Resources Investment Advisors Inc. raised its holdings in shares of United Parcel Service by 51.2% in the 4th quarter. Resources Investment Advisors Inc. now owns 1,235 shares of the transportation company’s stock worth $147,000 after acquiring an additional 418 shares during the last quarter. Icon Wealth Partners LLC acquired a new stake in shares of United Parcel Service in the 4th quarter worth about $195,000. Finally, Choate Investment Advisors acquired a new stake in shares of United Parcel Service in the 2nd quarter worth about $203,000. 53.55% of the stock is currently owned by institutional investors.

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About United Parcel Service

United Parcel Service, Inc (UPS) is a package delivery company. The Company is a provider of global supply chain management solutions. The Company operates through three segments: U.S. Domestic Package operations, International Package operations, and Supply Chain & Freight operations. As of December 31, 2016, the Company delivered packages in over 220 countries and territories.

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