Traders purchased shares of United Parcel Service Inc. (NYSE:UPS) on weakness during trading on Thursday. $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 18th highest net in-flow for the day. United Parcel Service traded down ($0.16) for the day and closed at $109.22

Several research analysts have recently commented on the company. Sanford C. Bernstein reissued an “outperform” rating on shares of United Parcel Service in a report on Thursday, May 26th. Oppenheimer Holdings Inc. reissued an “outperform” rating and issued a $116.00 target price (up from $112.00) on shares of United Parcel Service in a report on Tuesday, August 2nd. Argus boosted their target price on United Parcel Service from $115.00 to $125.00 and gave the stock a “buy” rating in a report on Tuesday, August 2nd. Zacks Investment Research downgraded United Parcel Service from a “buy” rating to a “hold” rating in a report on Friday, July 22nd. Finally, Morgan Stanley set a $91.00 target price on United Parcel Service and gave the stock a “sell” rating in a report on Monday, August 1st. Two equities 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 company. The stock presently has an average rating of “Hold” and a consensus price target of $108.70.

The firm has a market capitalization of $96.15 billion and a P/E ratio of 19.68. The company’s 50 day moving average is $109.61 and its 200 day moving average is $105.08.

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 analysts’ consensus estimates of $1.43. The firm earned $14.60 billion during the quarter, compared to the consensus estimate of $14.65 billion. The business’s revenue was up 3.8% compared to the same quarter last year. During the same period last year, the business earned $1.35 earnings per share. On average, equities analysts forecast that United Parcel Service Inc. will post $5.81 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 31st. Investors of record on Tuesday, August 16th were paid a $0.78 dividend. The ex-dividend date of this dividend was Friday, August 12th. This represents a $3.12 dividend on an annualized basis and a yield of 2.85%.

In related news, insider James J. Barber sold 2,268 shares of United Parcel Service stock in a transaction that occurred on Friday, August 12th. The shares were sold at an average price of $109.79, for a total value of $249,003.72. Following the transaction, the insider now directly owns 31,418 shares of the company’s stock, valued at $3,449,382.22. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

A number of hedge funds and institutional investors have recently made changes to their positions in the stock. Greenwood Capital Associates LLC boosted its position in shares of United Parcel Service by 0.6% in the fourth quarter. Greenwood Capital Associates LLC now owns 48,331 shares of the company’s stock worth $4,651,000 after buying an additional 272 shares during the period. Birch Hill Investment Advisors LLC boosted its position in shares of 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 worth $21,490,000 after buying an additional 625 shares during the period. Baird Financial Group Inc. boosted its position in shares of United Parcel Service by 0.7% in the fourth quarter. Baird Financial Group Inc. now owns 160,888 shares of the company’s stock worth $15,482,000 after buying an additional 1,126 shares during the period. Dorsey & Whitney Trust CO LLC boosted its position in shares of 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 worth $5,948,000 after buying an additional 1,576 shares during the period. Finally, Stephens Inc. AR boosted its position in shares of United Parcel Service by 11.5% in the fourth quarter. Stephens Inc. AR now owns 16,583 shares of the company’s stock worth $1,596,000 after buying an additional 1,708 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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