United Parcel Service (NYSE:UPS) Trading Down 0.2%

United Parcel Service, Inc. (NYSE:UPS - Get Free Report)'s stock price fell 0.2% during mid-day trading on Friday . The stock traded as low as $146.84 and last traded at $146.88. 416,350 shares were traded during mid-day trading, a decline of 90% from the average session volume of 4,197,379 shares. The stock had previously closed at $147.22.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on UPS shares. Argus cut United Parcel Service from a "buy" rating to a "hold" rating in a report on Wednesday, January 31st. Raymond James decreased their price target on shares of United Parcel Service from $185.00 to $175.00 and set a "strong-buy" rating for the company in a report on Wednesday, January 31st. Deutsche Bank Aktiengesellschaft reduced their target price on United Parcel Service from $183.00 to $179.00 and set a "buy" rating on the stock in a report on Thursday, March 28th. Barclays dropped their price target on United Parcel Service from $150.00 to $145.00 and set an "equal weight" rating on the stock in a research report on Wednesday, January 31st. Finally, Evercore ISI reissued an "in-line" rating and set a $154.00 target price on shares of United Parcel Service in a research note on Wednesday, March 27th. One investment analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, United Parcel Service presently has a consensus rating of "Hold" and a consensus target price of $165.23.

United Parcel Service Trading Down 0.5 %

The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.04 and a current ratio of 1.10. The firm has a 50-day moving average of $149.44 and a 200-day moving average of $150.74. The firm has a market capitalization of $124.85 billion, a P/E ratio of 21.22, a price-to-earnings-growth ratio of 1.67 and a beta of 1.05.

United Parcel Service (NYSE:UPS - Get Free Report) last issued its earnings results on Tuesday, April 23rd. The transportation company reported $1.43 EPS for the quarter, topping the consensus estimate of $1.33 by $0.10. The company had revenue of $21.70 billion for the quarter, compared to the consensus estimate of $21.84 billion. United Parcel Service had a net margin of 6.60% and a return on equity of 37.42%. The firm's revenue for the quarter was down 5.3% on a year-over-year basis. During the same period in the previous year, the firm earned $2.20 earnings per share. On average, equities research analysts anticipate that United Parcel Service, Inc. will post 8.23 EPS for the current fiscal year.

United Parcel Service Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 30th. Stockholders of record on Monday, May 13th will be issued a dividend of $1.63 per share. The ex-dividend date of this dividend is Friday, May 10th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 4.45%. United Parcel Service's dividend payout ratio is currently 94.49%.

Institutional Investors Weigh In On United Parcel Service

Institutional investors and hedge funds have recently bought and sold shares of the business. Harbor Capital Advisors Inc. raised its position in United Parcel Service by 0.4% during the fourth quarter. Harbor Capital Advisors Inc. now owns 17,530 shares of the transportation company's stock valued at $2,756,000 after acquiring an additional 64 shares in the last quarter. First Financial Corp IN increased its stake in United Parcel Service by 24.2% during the 4th quarter. First Financial Corp IN now owns 334 shares of the transportation company's stock worth $53,000 after buying an additional 65 shares in the last quarter. Gleason Group Inc. raised its stake in United Parcel Service by 1.1% in the 4th quarter. Gleason Group Inc. now owns 6,351 shares of the transportation company's stock valued at $999,000 after purchasing an additional 66 shares during the last quarter. Cullen Investment Group LTD. raised its position in shares of United Parcel Service by 0.7% in the first quarter. Cullen Investment Group LTD. now owns 9,921 shares of the transportation company's stock valued at $1,480,000 after buying an additional 68 shares during the last quarter. Finally, Advisors Capital Management LLC grew its stake in United Parcel Service by 0.5% during the 3rd quarter. Advisors Capital Management LLC now owns 15,085 shares of the transportation company's stock valued at $2,351,000 after acquiring an additional 69 shares in the last quarter. Hedge funds and other institutional investors own 60.26% of the company's stock.

United Parcel Service Company Profile

United Parcel Service, Inc, a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States.

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