United Parcel Service (NYSE:UPS) Trading Down 1.5% - Should You Sell?

United Parcel Service, Inc. (NYSE:UPS - Get Free Report)'s stock price fell 1.5% during trading on Monday . The stock traded as low as $102.52 and last traded at $102.57. 1,286,227 shares traded hands during trading, a decline of 75% from the average session volume of 5,212,642 shares. The stock had previously closed at $104.13.

Analyst Ratings Changes

Several brokerages recently commented on UPS. BMO Capital Markets dropped their target price on United Parcel Service from $130.00 to $125.00 and set an "outperform" rating on the stock in a report on Wednesday, April 30th. Wolfe Research dropped their target price on United Parcel Service from $133.00 to $113.00 and set an "outperform" rating on the stock in a report on Wednesday, April 9th. Oppenheimer dropped their target price on United Parcel Service from $126.00 to $114.00 and set an "outperform" rating on the stock in a report on Wednesday, April 30th. BNP Paribas raised United Parcel Service to a "hold" rating in a report on Thursday, July 3rd. Finally, Loop Capital dropped their price target on United Parcel Service from $115.00 to $105.00 and set a "hold" rating on the stock in a report on Wednesday, April 30th. Two analysts have rated the stock with a sell rating, fifteen have given a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $118.96.

United Parcel Service Stock Performance

The firm's 50-day simple moving average is $99.02 and its two-hundred day simple moving average is $109.43. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.24. The stock has a market capitalization of $86.70 billion, a PE ratio of 14.92, a PEG ratio of 1.95 and a beta of 1.21.

United Parcel Service (NYSE:UPS - Get Free Report) last posted its quarterly earnings results on Tuesday, April 29th. The transportation company reported $1.49 EPS for the quarter, beating the consensus estimate of $1.38 by $0.11. United Parcel Service had a net margin of 6.44% and a return on equity of 40.15%. The business had revenue of $21.50 billion for the quarter, compared to analysts' expectations of $21.25 billion. During the same period in the previous year, the company posted $1.43 EPS. United Parcel Service's revenue was down .9% on a year-over-year basis. On average, equities research analysts expect that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.

United Parcel Service Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, May 19th were issued a dividend of $1.64 per share. This represents a $6.56 annualized dividend and a dividend yield of 6.41%. The ex-dividend date of this dividend was Monday, May 19th. United Parcel Service's dividend payout ratio is currently 95.63%.

Hedge Funds Weigh In On United Parcel Service

Several institutional investors and hedge funds have recently modified their holdings of the stock. Altus Wealth Group LLC grew its holdings in shares of United Parcel Service by 4.6% during the 4th quarter. Altus Wealth Group LLC now owns 2,022 shares of the transportation company's stock valued at $255,000 after acquiring an additional 89 shares in the last quarter. Colonial Trust Co SC boosted its holdings in United Parcel Service by 1.4% in the fourth quarter. Colonial Trust Co SC now owns 7,227 shares of the transportation company's stock worth $911,000 after purchasing an additional 98 shares in the last quarter. Juncture Wealth Strategies LLC boosted its holdings in United Parcel Service by 2.5% in the first quarter. Juncture Wealth Strategies LLC now owns 4,124 shares of the transportation company's stock worth $454,000 after purchasing an additional 101 shares in the last quarter. Bangor Savings Bank boosted its holdings in United Parcel Service by 1.9% in the second quarter. Bangor Savings Bank now owns 5,413 shares of the transportation company's stock worth $546,000 after purchasing an additional 101 shares in the last quarter. Finally, First Dallas Securities Inc. boosted its holdings in United Parcel Service by 0.9% in the first quarter. First Dallas Securities Inc. now owns 11,421 shares of the transportation company's stock worth $1,256,000 after purchasing an additional 102 shares in the last quarter. 60.26% of the stock is currently owned by hedge funds and other institutional investors.

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.