Brokerages Set United Parcel Service, Inc. (NYSE:UPS) PT at $113.67

United Parcel Service, Inc. (NYSE:UPSGet Free Report) has been given an average rating of “Hold” by the twenty-eight ratings firms that are currently covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, fourteen have given a hold recommendation, nine have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $113.6667.

Several brokerages have recently issued reports on UPS. HSBC raised United Parcel Service from a “hold” rating to a “buy” rating in a report on Wednesday, January 28th. Stephens lifted their price target on United Parcel Service from $113.00 to $115.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 28th. Jefferies Financial Group boosted their price target on United Parcel Service from $115.00 to $130.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. UBS Group boosted their price target on United Parcel Service from $116.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. Finally, Susquehanna upped their price objective on United Parcel Service from $105.00 to $115.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 20th.

Check Out Our Latest Stock Report on UPS

United Parcel Service Trading Down 0.0%

Shares of United Parcel Service stock opened at $94.78 on Friday. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.22 and a quick ratio of 1.22. The firm has a fifty day moving average price of $108.17 and a 200 day moving average price of $98.84. United Parcel Service has a 1 year low of $82.00 and a 1 year high of $122.41. The stock has a market cap of $80.47 billion, a PE ratio of 14.45, a price-to-earnings-growth ratio of 1.49 and a beta of 1.08.

United Parcel Service (NYSE:UPSGet Free Report) last posted its earnings results on Tuesday, January 27th. The transportation company reported $2.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.20 by $0.18. The company had revenue of $24.48 billion during the quarter, compared to the consensus estimate of $23.91 billion. United Parcel Service had a net margin of 6.28% and a return on equity of 38.30%. The firm’s quarterly revenue was down 3.2% on a year-over-year basis. During the same period in the previous year, the firm posted $2.75 earnings per share. Equities research analysts predict that United Parcel Service will post 7.95 earnings per share for the current year.

United Parcel Service Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 5th. Investors of record on Tuesday, February 17th were paid a $1.64 dividend. This represents a $6.56 annualized dividend and a dividend yield of 6.9%. The ex-dividend date was Tuesday, February 17th. United Parcel Service’s payout ratio is currently 100.00%.

Insider Transactions at United Parcel Service

In related news, insider Norman M. Brothers, Jr. sold 25,014 shares of the firm’s stock in a transaction on Wednesday, January 28th. The shares were sold at an average price of $106.15, for a total transaction of $2,655,236.10. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 0.19% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Vanguard Group Inc. grew its position in shares of United Parcel Service by 1.8% during the 4th quarter. Vanguard Group Inc. now owns 68,496,420 shares of the transportation company’s stock valued at $6,794,160,000 after acquiring an additional 1,218,432 shares during the period. State Street Corp raised its holdings in United Parcel Service by 3.3% in the 4th quarter. State Street Corp now owns 32,092,627 shares of the transportation company’s stock worth $3,183,268,000 after purchasing an additional 1,029,377 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in United Parcel Service by 3.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 27,142,759 shares of the transportation company’s stock worth $2,692,290,000 after purchasing an additional 856,125 shares during the period. Geode Capital Management LLC boosted its position in United Parcel Service by 1.4% during the fourth quarter. Geode Capital Management LLC now owns 17,154,091 shares of the transportation company’s stock worth $1,703,291,000 after purchasing an additional 240,253 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its position in United Parcel Service by 72.9% during the fourth quarter. Victory Capital Management Inc. now owns 13,818,314 shares of the transportation company’s stock worth $1,370,639,000 after purchasing an additional 5,826,824 shares in the last quarter. Institutional investors and hedge funds own 60.26% of the company’s stock.

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United Parcel Service Company Profile

(Get Free Report)

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.

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