Traders purchased shares of United Parcel Service Inc. (NYSE:UPS) on weakness during trading hours on Wednesday. $94.53 million flowed into the stock on the tick-up and $31.65 million flowed out of the stock on the tick-down, for a money net flow of $62.88 million into the stock. Of all stocks tracked, United Parcel Service had the 17th highest net in-flow for the day. United Parcel Service traded down ($0.16) for the day and closed at $109.22

UPS has been the subject of a number of analyst reports. Argus increased their price target on shares of United Parcel Service from $115.00 to $125.00 and gave the company a “buy” rating in a report on Tuesday, August 2nd. Zacks Investment Research raised shares of United Parcel Service from a “hold” rating to a “buy” rating and set a $117.00 price target for the company in a report on Wednesday, June 29th. Citigroup Inc. reaffirmed a “hold” rating on shares of United Parcel Service in a report on Thursday, June 30th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of United Parcel Service in a report on Thursday, May 26th. Finally, Oppenheimer Holdings Inc. reaffirmed an “outperform” rating and issued a $116.00 price target (up previously from $112.00) on shares of United Parcel Service in a report on Tuesday, August 2nd. Two research analysts have rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $108.70.

The company has a market capitalization of $95.90 billion and a PE ratio of 19.63. The firm’s 50 day moving average is $109.65 and its 200-day moving average is $105.05.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings data on Friday, July 29th. The company reported $1.43 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.43. The business had revenue of $14.60 billion for the quarter, compared to analysts’ expectations of $14.65 billion. During the same period in the prior year, the company posted $1.35 EPS. The firm’s revenue was up 3.8% on a year-over-year basis. On average, analysts expect that United Parcel Service Inc. will post $5.81 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 31st. Investors of record on Tuesday, August 16th were paid a dividend of $0.78 per share. The ex-dividend date was Friday, August 12th. This represents a $3.12 annualized dividend and a yield of 2.86%.

In related news, insider James J. Barber sold 2,268 shares of the company’s stock in a transaction dated Friday, August 12th. The shares were sold at an average price of $109.79, for a total transaction of $249,003.72. Following the completion of the sale, the insider now owns 31,418 shares of the company’s stock, valued at approximately $3,449,382.22. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Several hedge funds have recently bought and sold shares of UPS. BNP Paribas Arbitrage SA boosted its stake in United Parcel Service by 41.5% in the fourth quarter. BNP Paribas Arbitrage SA now owns 330,040 shares of the company’s stock valued at $31,760,000 after buying an additional 96,790 shares during the period. Stephens Inc. AR boosted its stake in United Parcel Service by 11.5% in the fourth quarter. Stephens Inc. AR now owns 16,583 shares of the company’s stock valued at $1,596,000 after buying an additional 1,708 shares during the period. Birch Hill Investment Advisors LLC boosted its stake in United Parcel Service by 0.3% in the fourth quarter. Birch Hill Investment Advisors LLC now owns 223,321 shares of the company’s stock valued at $21,490,000 after buying an additional 625 shares during the period. Dorsey & Whitney Trust CO LLC boosted its stake in United Parcel Service by 2.6% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 61,823 shares of the company’s stock valued at $5,948,000 after buying an additional 1,576 shares during the period. Finally, Bbva Compass Bancshares Inc. boosted its stake in United Parcel Service by 20.4% in the fourth quarter. Bbva Compass Bancshares Inc. now owns 50,521 shares of the company’s stock valued at $4,862,000 after buying an additional 8,557 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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