United Parcel Service (NYSE:UPS) Given New $115.00 Price Target at Loop Capital

United Parcel Service (NYSE:UPS) had its target price decreased by Loop Capital from $120.00 to $115.00 in a research report sent to investors on Monday,Benzinga reports. Loop Capital currently has a hold rating on the transportation company’s stock.

Several other equities research analysts also recently commented on UPS. Evercore ISI upped their price target on shares of United Parcel Service from $141.00 to $147.00 and gave the company an “in-line” rating in a research report on Wednesday, January 22nd. Susquehanna reduced their price target on shares of United Parcel Service from $140.00 to $130.00 and set a “neutral” rating for the company in a research report on Friday, January 31st. Argus upgraded shares of United Parcel Service from a “hold” rating to a “buy” rating in a research report on Tuesday, November 5th. BMO Capital Markets upgraded shares of United Parcel Service from a “market perform” rating to an “outperform” rating and reduced their price target for the company from $155.00 to $150.00 in a research report on Tuesday, December 10th. Finally, StockNews.com upgraded shares of United Parcel Service from a “hold” rating to a “buy” rating in a research report on Wednesday, November 6th. Two analysts have rated the stock with a sell rating, eight have given a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $140.73.

United Parcel Service Trading Up 0.2 %

Shares of NYSE:UPS opened at $111.95 on Monday. The stock has a market capitalization of $95.54 billion, a price-to-earnings ratio of 16.56, a PEG ratio of 1.63 and a beta of 0.98. United Parcel Service has a 1-year low of $109.40 and a 1-year high of $158.95. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.14 and a current ratio of 1.17. The company has a 50 day moving average price of $127.32 and a 200 day moving average price of $129.69.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings results on Thursday, January 30th. The transportation company reported $2.75 EPS for the quarter, beating the consensus estimate of $2.52 by $0.23. United Parcel Service had a net margin of 6.35% and a return on equity of 39.13%. During the same period in the prior year, the firm posted $2.47 earnings per share. On average, research analysts anticipate that United Parcel Service will post 8.61 EPS for the current fiscal year.

United Parcel Service Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Tuesday, February 18th will be paid a $1.64 dividend. This is a positive change from United Parcel Service’s previous quarterly dividend of $1.63. This represents a $6.56 dividend on an annualized basis and a yield of 5.86%. United Parcel Service’s dividend payout ratio (DPR) is presently 96.45%.

Insider Activity at United Parcel Service

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 7,325 shares of the firm’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $138.57, for a total value of $1,015,025.25. Following the sale, the insider now directly owns 45,098 shares in the company, valued at $6,249,229.86. This trade represents a 13.97 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.13% of the stock is currently owned by company insiders.

Institutional Trading of United Parcel Service

Several hedge funds and other institutional investors have recently bought and sold shares of UPS. IFS Advisors LLC grew its position in United Parcel Service by 232.3% in the 4th quarter. IFS Advisors LLC now owns 216 shares of the transportation company’s stock worth $27,000 after purchasing an additional 151 shares during the last quarter. True Wealth Design LLC lifted its holdings in shares of United Parcel Service by 397.7% during the 3rd quarter. True Wealth Design LLC now owns 214 shares of the transportation company’s stock worth $29,000 after acquiring an additional 171 shares during the period. PSI Advisors LLC lifted its holdings in shares of United Parcel Service by 408.2% during the 3rd quarter. PSI Advisors LLC now owns 249 shares of the transportation company’s stock worth $34,000 after acquiring an additional 200 shares during the period. Princeton Global Asset Management LLC lifted its holdings in shares of United Parcel Service by 720.0% during the 3rd quarter. Princeton Global Asset Management LLC now owns 246 shares of the transportation company’s stock worth $34,000 after acquiring an additional 216 shares during the period. Finally, Whipplewood Advisors LLC bought a new position in shares of United Parcel Service during the 4th quarter worth about $34,000. 60.26% of the stock is currently owned by institutional investors and hedge funds.

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.