Investors Sell United Parcel Service (UPS) on Strength (UPS)

Investors sold shares of United Parcel Service, Inc. (NYSE:UPS) on strength during trading on Thursday. $52.54 million flowed into the stock on the tick-up and $83.52 million flowed out of the stock on the tick-down, for a money net flow of $30.98 million out of the stock. Of all companies tracked, United Parcel Service had the 0th highest net out-flow for the day. United Parcel Service traded up $0.37 for the day and closed at $111.50

A number of equities research analysts recently weighed in on the stock. Zacks Investment Research upgraded shares of United Parcel Service from a “hold” rating to a “buy” rating and set a $126.00 price objective for the company in a report on Tuesday, July 24th. BMO Capital Markets boosted their price target on shares of United Parcel Service to $128.00 and gave the company a “market perform” rating in a report on Thursday, July 26th. Robert W. Baird reduced their price target on shares of United Parcel Service from $128.00 to $124.00 and set a “neutral” rating for the company in a report on Thursday, October 25th. Raymond James reduced their price target on shares of United Parcel Service from $150.00 to $140.00 and set a “strong-buy” rating for the company in a report on Thursday, October 25th. Finally, Stephens set a $128.00 price target on shares of United Parcel Service and gave the company a “hold” rating in a report on Wednesday, July 25th. One equities research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $125.66.

The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 6.43. The company has a market capitalization of $95.61 billion, a P/E ratio of 15.92, a P/E/G ratio of 1.66 and a beta of 1.14.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Wednesday, October 24th. The transportation company reported $1.82 EPS for the quarter, hitting the consensus estimate of $1.82. The firm had revenue of $17.44 billion during the quarter, compared to analyst estimates of $17.48 billion. United Parcel Service had a net margin of 7.68% and a return on equity of 307.54%. United Parcel Service’s revenue was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.45 EPS. As a group, equities analysts expect that United Parcel Service, Inc. will post 7.23 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 5th. Investors of record on Monday, November 19th will be paid a dividend of $0.91 per share. The ex-dividend date of this dividend is Friday, November 16th. This represents a $3.64 annualized dividend and a dividend yield of 3.32%. United Parcel Service’s dividend payout ratio (DPR) is presently 60.57%.

In related news, COO James J. Barber sold 2,500 shares of the business’s stock in a transaction that occurred on Monday, August 20th. The shares were sold at an average price of $121.94, for a total transaction of $304,850.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider George Willis sold 4,312 shares of the business’s stock in a transaction that occurred on Thursday, August 23rd. The stock was sold at an average price of $121.34, for a total transaction of $523,218.08. The disclosure for this sale can be found here. Insiders own 0.56% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of UPS. Legacy Financial Advisors Inc. purchased a new stake in United Parcel Service during the 2nd quarter worth approximately $111,000. Moneta Group Investment Advisors LLC grew its position in United Parcel Service by 118.8% during the 2nd quarter. Moneta Group Investment Advisors LLC now owns 1,105 shares of the transportation company’s stock worth $117,000 after purchasing an additional 600 shares during the last quarter. Signature Wealth Management Group purchased a new stake in United Parcel Service during the 2nd quarter worth approximately $118,000. Advisors Preferred LLC grew its position in United Parcel Service by 845.8% during the 2nd quarter. Advisors Preferred LLC now owns 1,135 shares of the transportation company’s stock worth $121,000 after purchasing an additional 1,015 shares during the last quarter. Finally, Psagot Investment House Ltd. purchased a new stake in United Parcel Service during the 3rd quarter worth approximately $121,000. Hedge funds and other institutional investors own 53.65% of the company’s stock.

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About United Parcel Service (NYSE:UPS)

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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