Traders purchased shares of United Parcel Service Inc. (NYSE:UPS) on weakness during trading hours on Wednesday. $35.76 million flowed into the stock on the tick-up and $23.46 million flowed out of the stock on the tick-down, for a money net flow of $12.30 million into the stock. Of all companies tracked, United Parcel Service had the 19th highest net in-flow for the day. United Parcel Service traded down ($0.05) for the day and closed at $110.59

A number of analysts have commented on UPS shares. Zacks Investment Research raised United Parcel Service from a “hold” rating to a “buy” rating and set a $117.00 target price for the company in a report on Wednesday, June 29th. Citigroup Inc. reissued a “hold” rating on shares of United Parcel Service in a report on Thursday, June 30th. Cowen and Company lifted their target price on United Parcel Service from $102.00 to $110.00 and gave the stock a “market perform” rating in a report on Friday, April 29th. Sanford C. Bernstein reissued an “outperform” rating on shares of United Parcel Service in a report on Thursday, May 26th. Finally, Oppenheimer Holdings Inc. reissued an “outperform” rating and issued a $112.00 target price (up previously from $109.00) on shares of United Parcel Service in a report on Monday, May 2nd. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $108.23.

The company has a market cap of $97.61 billion and a P/E ratio of 20.10. The firm’s 50-day moving average is $106.61 and its 200-day moving average is $101.58.

United Parcel Service (NYSE:UPS) last posted its earnings results on Thursday, April 28th. The company reported $1.27 earnings per share for the quarter, topping analysts’ consensus estimates of $1.22 by $0.05. The company had revenue of $14.40 billion for the quarter, compared to analysts’ expectations of $14.57 billion. During the same quarter in the prior year, the company earned $1.12 EPS. The firm’s quarterly revenue was up 3.2% on a year-over-year basis. Analysts anticipate that United Parcel Service Inc. will post $5.81 EPS for the current fiscal year.

In other news, SVP David A. Barnes sold 11,712 shares of the stock in a transaction on Wednesday, May 25th. The stock was sold at an average price of $102.47, for a total transaction of $1,200,128.64. Following the completion of the sale, the senior vice president now owns 150,747 shares in the company, valued at approximately $15,447,045.09. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Several hedge funds have modified their holdings of the stock. Alerus Investment Advisors Corp raised its stake in shares of United Parcel Service by 69.2% in the fourth quarter. Alerus Investment Advisors Corp now owns 10,423 shares of the company’s stock valued at $1,003,000 after buying an additional 4,263 shares in the last quarter. Wetherby Asset Management Inc. raised its stake in shares of United Parcel Service by 1.1% in the fourth quarter. Wetherby Asset Management Inc. now owns 10,801 shares of the company’s stock valued at $1,040,000 after buying an additional 119 shares in the last quarter. Wills Financial Group Inc. raised its stake in shares of United Parcel Service by 32.0% in the fourth quarter. Wills Financial Group Inc. now owns 12,453 shares of the company’s stock valued at $1,198,000 after buying an additional 3,020 shares in the last quarter. ARGI Investment Services LLC raised its stake in shares of United Parcel Service by 14.1% in the fourth quarter. ARGI Investment Services LLC now owns 12,598 shares of the company’s stock valued at $1,212,000 after buying an additional 1,553 shares in the last quarter. Finally, Stellar Capital Management LLC raised its stake in shares of United Parcel Service by 2.6% in the fourth quarter. Stellar Capital Management LLC now owns 13,855 shares of the company’s stock valued at $1,333,000 after buying an additional 350 shares in the last quarter.

United Parcel Service, Inc (UPS) is a package delivery company. The Company is a provider of global supply chain management solutions. It delivers packages each business day in over 220 countries and territories. The Company operates in three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight.

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