United Parcel Service (NYSE:UPS) Price Target Lowered to $130.00 at Susquehanna

United Parcel Service (NYSE:UPS - Get Free Report) had its target price cut by investment analysts at Susquehanna from $140.00 to $130.00 in a research note issued to investors on Friday,Benzinga reports. The firm presently has a "neutral" rating on the transportation company's stock. Susquehanna's target price would suggest a potential upside of 13.85% from the company's previous close.

Several other research analysts also recently weighed in on UPS. JPMorgan Chase & Co. upped their target price on shares of United Parcel Service from $134.00 to $135.00 and gave the company a "neutral" rating in a research note on Tuesday, January 7th. Bank of America decreased their price objective on shares of United Parcel Service from $150.00 to $133.00 and set a "buy" rating for the company in a research report on Friday. StockNews.com upgraded United Parcel Service from a "hold" rating to a "buy" rating in a research note on Wednesday, November 6th. Wolfe Research upgraded United Parcel Service from a "peer perform" rating to an "outperform" rating and set a $147.00 price objective for the company in a research note on Wednesday, January 8th. Finally, Oppenheimer upped their target price on United Parcel Service from $140.00 to $146.00 and gave the company an "outperform" rating in a research report on Monday, October 28th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $141.95.

United Parcel Service Stock Down 0.6 %

NYSE:UPS traded down $0.71 during mid-day trading on Friday, hitting $114.19. The company had a trading volume of 15,842,034 shares, compared to its average volume of 6,791,747. The business has a fifty day simple moving average of $128.72 and a 200-day simple moving average of $130.61. The firm has a market capitalization of $97.45 billion, a price-to-earnings ratio of 17.25, a PEG ratio of 1.88 and a beta of 1.00. United Parcel Service has a 1 year low of $109.62 and a 1 year high of $158.95. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.20.

United Parcel Service (NYSE:UPS - Get Free Report) last announced its earnings results on Thursday, January 30th. The transportation company reported $2.75 EPS for the quarter, beating the consensus estimate of $2.52 by $0.23. United Parcel Service had a return on equity of 37.38% and a net margin of 6.25%. During the same quarter in the prior year, the company posted $2.47 EPS. Equities analysts forecast that United Parcel Service will post 7.5 earnings per share for the current fiscal year.

Insider Buying and Selling at United Parcel Service

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 7,325 shares of United Parcel Service stock in a transaction on Monday, November 25th. The stock was sold at an average price of $138.57, for a total transaction of $1,015,025.25. Following the sale, the insider now owns 45,098 shares of the company's stock, valued at $6,249,229.86. The trade was a 13.97 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.13% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of UPS. International Assets Investment Management LLC grew its position in United Parcel Service by 15,779.6% in the 3rd quarter. International Assets Investment Management LLC now owns 14,631,461 shares of the transportation company's stock valued at $1,994,853,000 after buying an additional 14,539,321 shares in the last quarter. Two Sigma Advisers LP lifted its stake in shares of United Parcel Service by 833.4% in the 3rd quarter. Two Sigma Advisers LP now owns 2,074,100 shares of the transportation company's stock worth $282,783,000 after acquiring an additional 1,851,900 shares during the period. Van ECK Associates Corp boosted its holdings in shares of United Parcel Service by 1,061.1% in the third quarter. Van ECK Associates Corp now owns 1,772,765 shares of the transportation company's stock valued at $232,959,000 after acquiring an additional 1,620,091 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of United Parcel Service by 6.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 21,927,607 shares of the transportation company's stock valued at $2,989,609,000 after acquiring an additional 1,320,921 shares during the period. Finally, Assenagon Asset Management S.A. raised its holdings in United Parcel Service by 5,136.2% during the third quarter. Assenagon Asset Management S.A. now owns 1,079,964 shares of the transportation company's stock worth $147,242,000 after purchasing an additional 1,059,339 shares in the last quarter. 60.26% of the stock is owned by institutional investors and hedge funds.

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.