United Parcel Service (NYSE:UPS) Trading Down 0.4% - Should You Sell?

United Parcel Service, Inc. (NYSE:UPS - Get Free Report) dropped 0.4% on Monday . The stock traded as low as $95.01 and last traded at $96.02. Approximately 951,044 shares changed hands during mid-day trading, a decline of 81% from the average daily volume of 4,945,022 shares. The stock had previously closed at $96.40.

Analyst Ratings Changes

UPS has been the topic of several recent research reports. Oppenheimer reduced their price target on United Parcel Service from $126.00 to $114.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 30th. Susquehanna decreased their price objective on shares of United Parcel Service from $120.00 to $110.00 and set a "neutral" rating for the company in a research report on Wednesday, April 30th. BMO Capital Markets cut their price target on United Parcel Service from $130.00 to $125.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 30th. UBS Group cut their target price on United Parcel Service from $141.00 to $127.00 and set a "buy" rating on the stock in a research report on Thursday, April 3rd. Finally, Galvan Research dropped their price target on shares of United Parcel Service from $147.00 to $133.00 and set a "buy" rating for the company in a research note on Wednesday, April 9th. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, United Parcel Service currently has a consensus rating of "Hold" and an average price target of $120.87.

United Parcel Service Stock Performance

The stock has a market cap of $81.79 billion, a P/E ratio of 14.17, a PEG ratio of 1.55 and a beta of 1.23. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.17 and a quick ratio of 1.14. The company has a fifty day moving average of $106.54 and a 200 day moving average of $120.05.

United Parcel Service (NYSE:UPS - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The transportation company reported $1.49 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.11. The business had revenue of $21.50 billion during the quarter, compared to analyst estimates of $21.25 billion. United Parcel Service had a return on equity of 39.13% and a net margin of 6.35%. The company's revenue was down .9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.43 earnings per share. On average, equities analysts predict that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.

United Parcel Service Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Tuesday, February 18th were paid a $1.64 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $6.56 annualized dividend and a dividend yield of 6.85%. This is a boost from United Parcel Service's previous quarterly dividend of $1.63. United Parcel Service's payout ratio is currently 95.63%.

Institutional Trading of United Parcel Service

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its stake in shares of United Parcel Service by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 65,136,394 shares of the transportation company's stock worth $8,213,699,000 after acquiring an additional 370,705 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in United Parcel Service by 6.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 23,264,665 shares of the transportation company's stock worth $2,933,674,000 after purchasing an additional 1,337,058 shares in the last quarter. Geode Capital Management LLC raised its holdings in United Parcel Service by 2.7% during the 4th quarter. Geode Capital Management LLC now owns 15,704,334 shares of the transportation company's stock worth $1,979,695,000 after buying an additional 414,710 shares during the period. Franklin Resources Inc. lifted its stake in United Parcel Service by 15.6% during the fourth quarter. Franklin Resources Inc. now owns 10,979,909 shares of the transportation company's stock valued at $1,384,567,000 after buying an additional 1,484,452 shares in the last quarter. Finally, FMR LLC boosted its holdings in shares of United Parcel Service by 2.5% in the fourth quarter. FMR LLC now owns 10,895,828 shares of the transportation company's stock worth $1,373,964,000 after buying an additional 268,278 shares during the period. 60.26% of the stock is owned by institutional investors and hedge funds.

About United Parcel Service

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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