Shares of United Parcel Service, Inc. (NYSE:UPS) have received an average rating of “Hold” from the twenty-two analysts that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and seven have issued a buy rating on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $120.78.

A number of brokerages have recently commented on UPS. Oppenheimer Holdings, Inc. reaffirmed a “buy” rating and set a $123.00 price objective (up previously from $116.00) on shares of United Parcel Service in a research note on Wednesday, September 20th. Goldman Sachs Group, Inc. (The) began coverage on shares of United Parcel Service in a research note on Monday, November 13th. They set a “buy” rating and a $148.00 price objective on the stock. BidaskClub cut shares of United Parcel Service from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 5th. Bank of America Corporation reissued a “neutral” rating and issued a $124.00 price target (up previously from $117.00) on shares of United Parcel Service in a research note on Friday, October 6th. Finally, Zacks Investment Research cut shares of United Parcel Service from a “buy” rating to a “hold” rating in a research note on Thursday, October 5th.

Shares of United Parcel Service (NYSE UPS) traded down $0.76 during midday trading on Friday, hitting $112.94. 2,121,868 shares of the stock were exchanged, compared to its average volume of 2,846,061. The firm has a market cap of $97,323.79, a PE ratio of 18.89, a price-to-earnings-growth ratio of 2.03 and a beta of 0.92. United Parcel Service has a twelve month low of $102.12 and a twelve month high of $121.75. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 9.33.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings data on Thursday, October 26th. The transportation company reported $1.45 EPS for the quarter, hitting analysts’ consensus estimates of $1.45. The business had revenue of $15.98 billion for the quarter, compared to analysts’ expectations of $15.62 billion. United Parcel Service had a net margin of 5.58% and a return on equity of 551.29%. The business’s revenue was up 7.0% on a year-over-year basis. During the same quarter last year, the company earned $1.44 EPS. equities analysts forecast that United Parcel Service will post 6.01 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 29th. Stockholders of record on Monday, November 13th will be issued a dividend of $0.83 per share. The ex-dividend date of this dividend is Friday, November 10th. This represents a $3.32 annualized dividend and a dividend yield of 2.94%. United Parcel Service’s dividend payout ratio is presently 81.37%.

In other news, EVP Alan Gershenhorn sold 17,699 shares of United Parcel Service 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 transaction was disclosed in a document filed with the SEC, which is available at this link. 0.59% of the stock is owned by insiders.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Archford Capital Strategies LLC raised its holdings in shares of United Parcel Service by 1.1% during the 3rd quarter. Archford Capital Strategies LLC now owns 81,766 shares of the transportation company’s stock worth $9,819,000 after acquiring an additional 910 shares during the period. Moors & Cabot Inc. raised its holdings in shares of United Parcel Service by 4.4% during the 3rd quarter. Moors & Cabot Inc. now owns 27,780 shares of the transportation company’s stock worth $3,334,000 after acquiring an additional 1,172 shares during the period. Cetera Advisor Networks LLC raised its holdings in shares of United Parcel Service by 3.3% during the 3rd quarter. Cetera Advisor Networks LLC now owns 21,943 shares of the transportation company’s stock worth $2,639,000 after acquiring an additional 706 shares during the period. Cetera Advisors LLC raised its holdings in shares of United Parcel Service by 5.4% during the 3rd quarter. Cetera Advisors LLC now owns 15,017 shares of the transportation company’s stock worth $1,804,000 after acquiring an additional 768 shares during the period. Finally, IFM Investors Pty Ltd raised its holdings in shares of United Parcel Service by 2.5% during the 3rd quarter. IFM Investors Pty Ltd now owns 19,355 shares of the transportation company’s stock worth $2,324,000 after acquiring an additional 479 shares during the period. Institutional investors and hedge funds own 53.11% of the company’s stock.

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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.

Analyst Recommendations for United Parcel Service (NYSE:UPS)

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