United Parcel Service, Inc. (NYSE:UPS) – Stock analysts at Oppenheimer Holdings lowered their Q4 2017 earnings per share (EPS) estimates for United Parcel Service in a research note issued to investors on Monday. Oppenheimer Holdings analyst S. Schneeberger now anticipates that the transportation company will post earnings per share of $1.64 for the quarter, down from their prior estimate of $1.66. Oppenheimer Holdings has a “Buy” rating and a $123.00 price target on the stock. Oppenheimer Holdings also issued estimates for United Parcel Service’s FY2019 earnings at $7.10 EPS.

Several other research analysts have also issued reports on the company. UBS AG increased their target price on United Parcel Service from $117.00 to $126.00 and gave the stock a “neutral” rating in a research report on Friday, October 27th. Loop Capital increased their target price on United Parcel Service from $120.00 to $128.00 and gave the stock a “hold” rating in a research report on Friday, October 27th. BMO Capital Markets increased their target price on United Parcel Service from $115.00 to $128.00 and gave the stock a “market perform” rating in a research report on Friday, October 27th. Stifel Nicolaus raised their price objective on United Parcel Service from $103.00 to $112.00 and gave the company a “hold” rating in a research report on Friday, October 27th. Finally, Cowen and Company raised their price objective on United Parcel Service from $115.00 to $124.00 and gave the company a “market perform” rating in a research report on Monday, October 23rd. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating and six have issued a buy rating to the company’s stock. United Parcel Service has a consensus rating of “Hold” and an average target price of $119.22.

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United Parcel Service (NYSE:UPS) opened at $112.55 on Wednesday. United Parcel Service has a 52-week low of $102.12 and a 52-week high of $121.75. The stock has a market capitalization of $97,518.05, a P/E ratio of 18.92, a PEG ratio of 2.03 and a beta of 0.92. The company has a debt-to-equity ratio of 9.33, a current ratio of 1.06 and a quick ratio of 1.06.

United Parcel Service (NYSE:UPS) last announced its earnings results on Thursday, October 26th. The transportation company reported $1.45 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.45. United Parcel Service had a return on equity of 551.29% and a net margin of 5.58%. The firm had revenue of $15.98 billion during the quarter, compared to analyst estimates of $15.62 billion. During the same quarter in the prior year, the company earned $1.44 EPS. The business’s revenue was up 7.0% compared to the same quarter last year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 29th. Shareholders of record on Monday, November 13th will be paid a dividend of $0.83 per share. The ex-dividend date is Friday, November 10th. This represents a $3.32 annualized dividend and a yield of 2.95%. United Parcel Service’s dividend payout ratio is 81.37%.

In other United Parcel Service news, EVP Alan Gershenhorn sold 17,699 shares of the stock in a transaction on Tuesday, August 22nd. The stock was sold at an average price of $114.10, for a total transaction of $2,019,455.90. The sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 0.59% of the company’s stock.

A number of institutional investors and hedge funds have recently modified their holdings of UPS. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC boosted its stake in shares of United Parcel Service by 0.3% in the 2nd quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 1,482 shares of the transportation company’s stock worth $163,000 after buying an additional 5 shares during the last quarter. Founders Capital Management boosted its stake in shares of United Parcel Service by 0.3% in the 2nd quarter. Founders Capital Management now owns 5,367 shares of the transportation company’s stock worth $594,000 after buying an additional 15 shares during the last quarter. Bollard Group LLC boosted its stake in shares of United Parcel Service by 0.8% in the 2nd quarter. Bollard Group LLC now owns 2,239 shares of the transportation company’s stock worth $248,000 after buying an additional 17 shares during the last quarter. Guardian Life Insurance Co. of America boosted its stake in shares of United Parcel Service by 0.7% in the 1st quarter. Guardian Life Insurance Co. of America now owns 2,659 shares of the transportation company’s stock worth $285,000 after buying an additional 18 shares during the last quarter. Finally, Conservest Capital Advisors Inc. boosted its stake in shares of United Parcel Service by 0.8% in the 2nd quarter. Conservest Capital Advisors Inc. now owns 2,913 shares of the transportation company’s stock worth $322,000 after buying an additional 23 shares during the last quarter. Institutional investors and hedge funds own 52.87% of the company’s stock.

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.

Earnings History and Estimates for United Parcel Service (NYSE:UPS)

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