United Parcel Service (NYSE:UPS) Trading Down 0.3% - Time to Sell?

United Parcel Service, Inc. (NYSE:UPS - Get Free Report)'s share price traded down 0.3% on Tuesday . The stock traded as low as $130.50 and last traded at $130.81. 461,510 shares traded hands during trading, a decline of 89% from the average session volume of 4,224,443 shares. The stock had previously closed at $131.20.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Wells Fargo & Company decreased their price objective on United Parcel Service from $156.00 to $134.00 and set an "overweight" rating for the company in a research note on Wednesday, July 24th. TD Cowen initiated coverage on shares of United Parcel Service in a research report on Thursday, August 22nd. They set a "hold" rating and a $144.00 price objective for the company. JPMorgan Chase & Co. decreased their target price on shares of United Parcel Service from $150.00 to $144.00 and set a "neutral" rating on the stock in a research report on Wednesday, July 24th. Robert W. Baird reduced their target price on United Parcel Service from $170.00 to $160.00 and set an "outperform" rating on the stock in a report on Wednesday, July 24th. Finally, BMO Capital Markets cut their price objective on United Parcel Service from $169.00 to $155.00 and set a "market perform" rating on the stock in a report on Wednesday, July 24th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $149.68.

United Parcel Service Stock Down 0.1 %

The company has a debt-to-equity ratio of 1.18, a current ratio of 1.25 and a quick ratio of 1.25. The firm has a market capitalization of $112.14 billion, a PE ratio of 18.95, a price-to-earnings-growth ratio of 1.96 and a beta of 0.99. The company's fifty day simple moving average is $128.95 and its 200-day simple moving average is $137.47.

United Parcel Service (NYSE:UPS - Get Free Report) last released its quarterly earnings results on Tuesday, July 23rd. The transportation company reported $1.79 EPS for the quarter, missing the consensus estimate of $1.99 by ($0.20). United Parcel Service had a net margin of 5.87% and a return on equity of 35.27%. The firm had revenue of $21.82 billion for the quarter, compared to analyst estimates of $22.17 billion. During the same quarter in the prior year, the business posted $2.54 EPS. The firm's quarterly revenue was down 1.1% compared to the same quarter last year. On average, analysts forecast that United Parcel Service, Inc. will post 7.43 EPS for the current year.

United Parcel Service Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 5th. Stockholders of record on Monday, August 19th were issued a $1.63 dividend. This represents a $6.52 annualized dividend and a dividend yield of 4.97%. The ex-dividend date was Monday, August 19th. United Parcel Service's payout ratio is 94.49%.

Insider Buying and Selling

In other United Parcel Service news, Director William R. Johnson acquired 5,000 shares of the stock in a transaction that occurred on Thursday, July 25th. The shares were purchased at an average cost of $128.61 per share, with a total value of $643,050.00. Following the purchase, the director now owns 5,160 shares in the company, valued at approximately $663,627.60. The trade was a 3,100.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.13% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. Natixis bought a new stake in shares of United Parcel Service during the first quarter valued at about $121,000. Financial Partners Group LLC lifted its position in shares of United Parcel Service by 23.9% in the second quarter. Financial Partners Group LLC now owns 26,319 shares of the transportation company's stock worth $3,602,000 after purchasing an additional 5,069 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in shares of United Parcel Service by 12.3% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 59,567 shares of the transportation company's stock worth $8,853,000 after acquiring an additional 6,502 shares during the last quarter. Nvwm LLC raised its stake in shares of United Parcel Service by 3.7% during the 1st quarter. Nvwm LLC now owns 2,685 shares of the transportation company's stock worth $399,000 after purchasing an additional 96 shares in the last quarter. Finally, Weaver C. Barksdale & Associates Inc. lifted its stake in United Parcel Service by 71.8% in the second quarter. Weaver C. Barksdale & Associates Inc. now owns 14,530 shares of the transportation company's stock valued at $1,988,000 after acquiring an additional 6,073 shares during the last quarter. 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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