Traders bought shares of United Parcel Service Inc. (NYSE:UPS) on weakness during trading on Friday. $127.61 million flowed into the stock on the tick-up and $69.77 million flowed out of the stock on the tick-down, for a money net flow of $57.84 million into the stock. Of all companies tracked, United Parcel Service had the 14th highest net in-flow for the day. United Parcel Service traded down ($0.63) for the day and closed at $108.10

UPS has been the subject of several recent research reports. Zacks Investment Research upgraded United Parcel Service from a “hold” rating to a “buy” rating and set a $117.00 price target for the company in a research report on Wednesday, June 29th. Citigroup Inc. reaffirmed a “hold” rating on shares of United Parcel Service in a research note on Thursday, June 30th. Cowen and Company lifted their price target on shares of United Parcel Service from $102.00 to $110.00 and gave the company a “market perform” rating in a research note on Friday, April 29th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of United Parcel Service in a research note on Thursday, May 26th. Finally, Oppenheimer Holdings Inc. reaffirmed an “outperform” rating and set a $112.00 price target (up previously from $109.00) on shares of United Parcel Service in a research note on Monday, May 2nd. Two research analysts have rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the company’s stock. United Parcel Service presently has a consensus rating of “Hold” and a consensus target price of $107.16.

The stock’s 50-day moving average price is $107.77 and its 200-day moving average price is $102.32. The firm has a market capitalization of $95.42 billion and a P/E ratio of 19.64.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings data on Friday, July 29th. The company reported $1.43 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $1.43. The firm earned $14.60 billion during the quarter, compared to analyst estimates of $14.65 billion. United Parcel Service’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.35 earnings per share. 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 firm’s stock in a transaction on Wednesday, May 25th. The shares were sold at an average price of $102.47, for a total value of $1,200,128.64. Following the sale, the senior vice president now directly owns 150,747 shares in the company, valued at approximately $15,447,045.09. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Other large investors have recently made changes to their positions in the company. 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 worth $1,003,000 after buying an additional 4,263 shares during 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 worth $1,040,000 after buying an additional 119 shares during 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 worth $1,198,000 after buying an additional 3,020 shares during 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 worth $1,212,000 after buying an additional 1,553 shares during the last quarter. Finally, Hamilton Point Investment Advisors LLC raised its stake in shares of United Parcel Service by 10.8% in the fourth quarter. Hamilton Point Investment Advisors LLC now owns 14,811 shares of the company’s stock worth $1,425,000 after buying an additional 1,441 shares during 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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