United Parcel Service (NYSE:UPS) Trading Down 0.1% – Time to Sell?

United Parcel Service, Inc. (NYSE:UPS)’s stock price was down 0.1% on Tuesday . The stock traded as low as $132.07 and last traded at $132.82. Approximately 363,821 shares were traded during mid-day trading, a decline of 91% from the average daily volume of 4,168,217 shares. The stock had previously closed at $133.00.

Analysts Set New Price Targets

A number of brokerages recently issued reports on UPS. UBS Group upped their price objective on shares of United Parcel Service from $159.00 to $170.00 and gave the company a “buy” rating in a report on Friday, October 25th. Oppenheimer raised their price target on shares of United Parcel Service from $140.00 to $146.00 and gave the stock an “outperform” rating in a report on Monday, October 28th. Citigroup began coverage on United Parcel Service in a report on Wednesday, October 9th. They issued a “buy” rating and a $162.00 price objective on the stock. StockNews.com upgraded United Parcel Service from a “hold” rating to a “buy” rating in a research report on Wednesday. Finally, BMO Capital Markets decreased their price target on United Parcel Service from $169.00 to $155.00 and set a “market perform” rating on the stock in a research note on Wednesday, July 24th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $151.71.

United Parcel Service Stock Up 0.2 %

The business’s 50 day moving average is $131.83 and its 200-day moving average is $135.39. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.14 and a quick ratio of 1.25. The company has a market cap of $114.93 billion, a PE ratio of 20.34, a P/E/G ratio of 2.19 and a beta of 0.99.

United Parcel Service (NYSE:UPS) last posted its earnings results on Thursday, October 24th. The transportation company reported $1.76 EPS for the quarter, beating the consensus estimate of $1.63 by $0.13. The firm had revenue of $22.20 billion for the quarter, compared to analyst estimates of $22.10 billion. United Parcel Service had a return on equity of 37.38% and a net margin of 6.25%. United Parcel Service’s revenue for the quarter was up 5.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.57 earnings per share. As a group, analysts predict that United Parcel Service, Inc. will post 7.47 EPS for the current year.

United Parcel Service Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Monday, November 18th will be paid a $1.63 dividend. This represents a $6.52 annualized dividend and a yield of 4.86%. United Parcel Service’s dividend payout ratio is currently 98.49%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of UPS. TruNorth Capital Management LLC acquired a new stake in shares of United Parcel Service during the second quarter worth about $28,000. Riverview Trust Co acquired a new stake in shares of United Parcel Service in the second quarter valued at approximately $32,000. Centerpoint Advisors LLC grew its position in shares of United Parcel Service by 291.7% during the second quarter. Centerpoint Advisors LLC now owns 235 shares of the transportation company’s stock worth $32,000 after acquiring an additional 175 shares during the last quarter. Princeton Global Asset Management LLC raised its position in United Parcel Service by 720.0% in the 3rd quarter. Princeton Global Asset Management LLC now owns 246 shares of the transportation company’s stock valued at $34,000 after purchasing an additional 216 shares during the last quarter. Finally, Tortoise Investment Management LLC boosted its stake in United Parcel Service by 168.5% during the 2nd quarter. Tortoise Investment Management LLC now owns 247 shares of the transportation company’s stock worth $34,000 after purchasing an additional 155 shares during the period. Institutional investors and hedge funds own 60.26% of the company’s stock.

United Parcel Service Company Profile

United Parcel Service, Inc, a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States.