Traders sold shares of United Parcel Service, Inc. (NYSE:UPS) on strength during trading hours on Friday. $24.36 million flowed into the stock on the tick-up and $60.13 million flowed out of the stock on the tick-down, for a money net flow of $35.77 million out of the stock. Of all equities tracked, United Parcel Service had the 0th highest net out-flow for the day. United Parcel Service traded up $0.03 for the day and closed at $114.39

A number of equities research analysts recently issued reports on UPS shares. BidaskClub upgraded shares of United Parcel Service from a “sell” rating to a “hold” rating in a report on Tuesday, June 20th. Cowen and Company reiterated a “hold” rating on shares of United Parcel Service in a report on Wednesday, July 19th. Oppenheimer Holdings, Inc. reiterated an “outperform” rating and issued a $116.00 price objective on shares of United Parcel Service in a report on Friday, May 19th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $127.00 price objective on shares of United Parcel Service in a report on Monday, July 3rd. Finally, Zacks Investment Research cut shares of United Parcel Service from a “hold” rating to a “sell” rating in a report on Monday, July 17th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and six have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $114.80.

The stock has a market capitalization of $99.06 billion, a P/E ratio of 28.13 and a beta of 0.88. The stock’s 50 day moving average price is $112.60 and its 200-day moving average price is $108.49.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings data on Thursday, July 27th. The transportation company reported $1.58 EPS for the quarter, beating analysts’ consensus estimates of $1.46 by $0.12. United Parcel Service had a net margin of 5.68% and a return on equity of 417.18%. The company had revenue of $15.75 billion during the quarter, compared to the consensus estimate of $15.49 billion. During the same quarter last year, the firm posted $1.43 EPS. The company’s quarterly revenue was up 7.7% on a year-over-year basis. On average, equities analysts predict that United Parcel Service, Inc. will post $6.01 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 30th. Stockholders of record on Monday, August 14th were given a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 2.90%. The ex-dividend date of this dividend was Thursday, August 10th. United Parcel Service’s dividend payout ratio (DPR) is presently 81.57%.

In other news, insider James J. Barber sold 3,556 shares of United Parcel Service stock in a transaction dated Monday, July 31st. The shares were sold at an average price of $110.85, for a total value of $394,182.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Alan Gershenhorn sold 17,699 shares of United Parcel Service stock in a transaction dated Tuesday, August 22nd. The shares were sold at an average price of $114.10, for a total transaction of $2,019,455.90. The disclosure for this sale can be found here. In the last three months, insiders sold 23,255 shares of company stock valued at $2,628,619. Insiders own 0.59% of the company’s stock.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Clarkston Capital Partners LLC increased its stake in shares of United Parcel Service by 7.9% in the first quarter. Clarkston Capital Partners LLC now owns 192,019 shares of the transportation company’s stock valued at $20,604,000 after buying an additional 14,075 shares during the last quarter. iAB Financial Bank increased its stake in shares of United Parcel Service by 2.9% in the first quarter. iAB Financial Bank now owns 8,850 shares of the transportation company’s stock valued at $950,000 after buying an additional 250 shares during the last quarter. First Merchants Corp increased its stake in shares of United Parcel Service by 2.4% in the first quarter. First Merchants Corp now owns 6,946 shares of the transportation company’s stock valued at $746,000 after buying an additional 165 shares during the last quarter. Personal Capital Advisors Corp increased its stake in shares of United Parcel Service by 12.7% in the first quarter. Personal Capital Advisors Corp now owns 250,256 shares of the transportation company’s stock valued at $26,535,000 after buying an additional 28,105 shares during the last quarter. Finally, Carlton Hofferkamp & Jenks Wealth Management LLC increased its stake in shares of United Parcel Service by 5.9% in the first quarter. Carlton Hofferkamp & Jenks Wealth Management LLC now owns 8,298 shares of the transportation company’s stock valued at $890,000 after buying an additional 466 shares during the last quarter. 52.93% of the stock is owned by institutional investors.

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United Parcel Service Company Profile

United Parcel Service, Inc (UPS) is a package delivery company. The Company is a provider of global supply chain management solutions. The Company operates through three segments: U.S. Domestic Package operations, International Package operations, and Supply Chain & Freight operations. As of December 31, 2016, the Company delivered packages in over 220 countries and territories.

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