United Parcel Service (NYSE:UPS) has been assigned an average rating of “Hold” from the twenty-three ratings firms that are covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have issued a buy rating on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $123.33.
Several research firms have recently commented on UPS. Credit Suisse Group reissued a “hold” rating and issued a $137.00 price objective on shares of United Parcel Service in a report on Wednesday, January 17th. Robert W. Baird reaffirmed a “hold” rating and set a $130.00 price target on shares of United Parcel Service in a report on Tuesday, January 9th. Deutsche Bank reaffirmed a “buy” rating and set a $145.00 price target (up previously from $135.00) on shares of United Parcel Service in a report on Monday, January 8th. Knight Equity reaffirmed a “buy” rating and set a $135.00 price target (down previously from $145.00) on shares of United Parcel Service in a report on Monday, January 8th. Finally, BMO Capital Markets raised their price target on United Parcel Service to $130.00 and gave the company a “market perform” rating in a report on Friday, February 2nd.
In other United Parcel Service news, SVP Teri P. Mcclure sold 4,500 shares of the stock in a transaction on Monday, February 26th. The stock was sold at an average price of $106.80, for a total transaction of $480,600.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.56% of the stock is owned by company insiders.
A number of hedge funds have recently bought and sold shares of UPS. Chemical Bank increased its position in shares of United Parcel Service by 9.3% in the fourth quarter. Chemical Bank now owns 11,252 shares of the transportation company’s stock worth $1,341,000 after purchasing an additional 957 shares during the period. Green Square Capital LLC increased its position in shares of United Parcel Service by 33.2% in the fourth quarter. Green Square Capital LLC now owns 75,806 shares of the transportation company’s stock worth $9,032,000 after purchasing an additional 18,915 shares during the period. Cambridge Investment Research Advisors Inc. increased its position in shares of United Parcel Service by 6.8% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 122,127 shares of the transportation company’s stock worth $14,551,000 after purchasing an additional 7,802 shares during the period. Wagner Wealth Management LLC bought a new position in shares of United Parcel Service in the fourth quarter worth $115,000. Finally, KCM Investment Advisors LLC increased its position in shares of United Parcel Service by 6.5% in the fourth quarter. KCM Investment Advisors LLC now owns 93,032 shares of the transportation company’s stock worth $11,085,000 after purchasing an additional 5,710 shares during the period. Hedge funds and other institutional investors own 54.15% of the company’s stock.
NYSE UPS opened at $108.55 on Wednesday. The company has a market capitalization of $95,552.88, a PE ratio of 18.06, a P/E/G ratio of 1.66 and a beta of 1.03. The company has a debt-to-equity ratio of 19.69, a current ratio of 1.22 and a quick ratio of 1.22. United Parcel Service has a 12 month low of $101.45 and a 12 month high of $135.53.
United Parcel Service (NYSE:UPS) last released its quarterly earnings data on Thursday, February 1st. The transportation company reported $1.67 EPS for the quarter, beating the consensus estimate of $1.66 by $0.01. The company had revenue of $18.83 billion during the quarter, compared to the consensus estimate of $18.20 billion. United Parcel Service had a return on equity of 477.77% and a net margin of 7.45%. The firm’s revenue for the quarter was up 11.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.63 EPS. sell-side analysts forecast that United Parcel Service will post 7.22 earnings per share for the current year.
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United Parcel Service Company Profile
United Parcel Service, Inc provides letter and package delivery, specialized transportation, logistics, and financial services. It operates through three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. The U.S. Domestic Package segment offers time-definite delivery of letters, documents, small packages, and palletized freight through air and ground services in the United States.
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