Investors purchased shares of United Parcel Service Inc. (NYSE:UPS) on weakness during trading hours 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 equities 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

Several research analysts have recently weighed in on the stock. Zacks Investment Research upgraded shares of United Parcel Service from a “hold” rating to a “buy” rating and set a $118.00 target price for the company in a research note on Tuesday, April 26th. Citigroup Inc. upped their target price on shares of United Parcel Service from $102.00 to $109.00 and gave the company a “neutral” rating in a research note on Friday, April 29th. Morgan Stanley restated a “sell” rating on shares of United Parcel Service in a research note on Saturday, April 30th. Cowen and Company upped their target price 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. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of United Parcel Service in a research note on Thursday, May 26th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $107.16.

The firm has a market cap of $95.42 billion and a P/E ratio of 19.64. The firm has a 50 day moving average price of $107.77 and a 200 day moving average price of $102.32.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings data on Friday, July 29th. The company reported $1.43 earnings per share for the quarter, meeting the consensus estimate of $1.43. The business had revenue of $14.60 billion for the quarter, compared to the consensus estimate of $14.65 billion. During the same period in the previous year, the business posted $1.35 EPS. United Parcel Service’s revenue was up 3.8% compared to the same quarter last year. Equities analysts anticipate that United Parcel Service Inc. will post $5.82 EPS for the current fiscal year.

In related news, SVP David A. Barnes sold 11,712 shares of the firm’s stock in a transaction that occurred on Wednesday, May 25th. The shares were sold at an average price of $102.47, for a total transaction of $1,200,128.64. Following the transaction, the senior vice president now owns 150,747 shares of the company’s stock, valued at $15,447,045.09. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

A number of institutional investors have modified their holdings of the stock. Montag A & Associates Inc. raised its position in shares of United Parcel Service by 6.4% in the fourth quarter. Montag A & Associates Inc. now owns 108,229 shares of the company’s stock valued at $10,415,000 after buying an additional 6,554 shares during the last quarter. Marco Investment Management LLC increased its position in shares of United Parcel Service by 2.5% in the fourth quarter. Marco Investment Management LLC now owns 138,945 shares of the company’s stock valued at $13,351,000 after buying an additional 3,350 shares during the period. Flippin Bruce & Porter Inc. increased its position in shares of United Parcel Service by 10.2% in the fourth quarter. Flippin Bruce & Porter Inc. now owns 16,675 shares of the company’s stock valued at $1,605,000 after buying an additional 1,550 shares during the period. TrimTabs Asset Management LLC increased its position in shares of United Parcel Service by 1.9% in the fourth quarter. TrimTabs Asset Management LLC now owns 22,739 shares of the company’s stock valued at $2,188,000 after buying an additional 423 shares during the period. Finally, Morningstar Investment Services LLC increased its position in shares of United Parcel Service by 4.6% in the fourth quarter. Morningstar Investment Services LLC now owns 204,240 shares of the company’s stock valued at $19,654,000 after buying an additional 8,904 shares during the period.

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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