United Parcel Service (NYSE:UPS) Price Target Cut to $195.00 by Analysts at Susquehanna Bancshares

United Parcel Service (NYSE:UPS – Get Rating) had its target price dropped by investment analysts at Susquehanna Bancshares from $218.00 to $195.00 in a note issued to investors on Wednesday, Stock Target Advisor reports. Susquehanna Bancshares’ target price points to a potential upside of 6.53% from the company’s current price.

Several other analysts have also weighed in on UPS. Citigroup lifted their price objective on United Parcel Service from $250.00 to $275.00 and gave the stock a “buy” rating in a report on Wednesday, February 2nd. Bank of America decreased their price target on United Parcel Service from $204.00 to $199.00 and set a “neutral” rating on the stock in a research note on Wednesday. Deutsche Bank Aktiengesellschaft decreased their price target on United Parcel Service from $221.00 to $216.00 and set a “hold” rating on the stock in a research note on Wednesday, February 2nd. Berenberg Bank set a $200.00 price target on United Parcel Service in a research note on Tuesday. Finally, Sanford C. Bernstein set a $272.00 price target on United Parcel Service in a research note on Friday, March 11th. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $226.40.

Shares of NYSE:UPS opened at $183.05 on Wednesday. United Parcel Service has a 1-year low of $177.13 and a 1-year high of $233.72. The firm has a market capitalization of $159.33 billion, a PE ratio of 12.46, a PEG ratio of 1.64 and a beta of 1.11. The business’s 50 day moving average is $204.67 and its 200-day moving average is $207.06. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 1.39.

United Parcel Service (NYSE:UPS – Get Rating) last announced its quarterly earnings data on Tuesday, April 26th. The transportation company reported $3.05 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.88 by $0.17. United Parcel Service had a return on equity of 96.17% and a net margin of 13.25%. The company had revenue of $24.40 billion for the quarter, compared to analyst estimates of $23.80 billion. During the same quarter last year, the firm earned $2.77 EPS. United Parcel Service’s revenue for the quarter was up 6.5% compared to the same quarter last year. On average, sell-side analysts predict that United Parcel Service will post 12.79 EPS for the current year.

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 5,677 shares of the business’s stock in a transaction dated Wednesday, February 2nd. The stock was sold at an average price of $227.52, for a total value of $1,291,631.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Juan R. Perez sold 12,996 shares of the business’s stock in a transaction dated Monday, February 7th. The shares were sold at an average price of $223.54, for a total value of $2,905,125.84. The disclosure for this sale can be found here. Insiders sold 29,558 shares of company stock valued at $6,491,514 in the last quarter. 0.12% of the stock is currently owned by corporate insiders.

Large investors have recently bought and sold shares of the business. State Street Corp boosted its position in shares of United Parcel Service by 1.4% during the fourth quarter. State Street Corp now owns 29,613,438 shares of the transportation company’s stock worth $6,347,344,000 after buying an additional 403,504 shares during the period. Geode Capital Management LLC boosted its position in shares of United Parcel Service by 2.3% during the fourth quarter. Geode Capital Management LLC now owns 11,435,714 shares of the transportation company’s stock worth $2,443,951,000 after buying an additional 260,465 shares during the period. Northern Trust Corp boosted its position in shares of United Parcel Service by 0.5% during the fourth quarter. Northern Trust Corp now owns 9,219,016 shares of the transportation company’s stock worth $1,976,004,000 after buying an additional 46,899 shares during the period. Invesco Ltd. boosted its position in shares of United Parcel Service by 4.4% during the fourth quarter. Invesco Ltd. now owns 8,735,713 shares of the transportation company’s stock worth $1,872,413,000 after buying an additional 370,258 shares during the period. Finally, Janus Henderson Group PLC boosted its position in shares of United Parcel Service by 2.7% during the third quarter. Janus Henderson Group PLC now owns 8,459,757 shares of the transportation company’s stock worth $1,540,515,000 after buying an additional 219,836 shares during the period. 56.81% of the stock is owned by hedge funds and other institutional investors.

United Parcel Service Company Profile (Get Rating)

United Parcel Service, Inc provides letter and package delivery, transportation, logistics, and related services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of letters, documents, small packages, and palletized freight through air and ground services in the United States.

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