United Parcel Service (NYSE:UPS - Get Free Report) had its price objective decreased by analysts at UBS Group from $141.00 to $127.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage presently has a "buy" rating on the transportation company's stock. UBS Group's price target would suggest a potential upside of 30.09% from the stock's current price.
A number of other equities research analysts also recently weighed in on UPS. Morgan Stanley dropped their target price on United Parcel Service from $100.00 to $82.00 and set an "underweight" rating for the company in a report on Friday, January 31st. The Goldman Sachs Group cut their price objective on shares of United Parcel Service from $166.00 to $147.00 and set a "buy" rating for the company in a report on Friday, January 31st. Citigroup lowered their target price on shares of United Parcel Service from $158.00 to $149.00 and set a "buy" rating on the stock in a report on Friday, January 31st. Bank of America cut their price target on United Parcel Service from $133.00 to $129.00 and set a "buy" rating for the company in a research note on Tuesday, March 25th. Finally, Baird R W lowered United Parcel Service from a "strong-buy" rating to a "hold" rating in a research note on Friday, January 31st. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $133.18.
View Our Latest Stock Analysis on UPS
United Parcel Service Stock Performance
UPS traded down $2.50 on Thursday, reaching $97.62. The company had a trading volume of 9,564,186 shares, compared to its average volume of 4,711,520. The company's fifty day moving average is $116.53 and its 200 day moving average is $125.86. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.14 and a current ratio of 1.17. The stock has a market cap of $83.39 billion, a P/E ratio of 14.44, a P/E/G ratio of 1.55 and a beta of 0.94. United Parcel Service has a fifty-two week low of $95.53 and a fifty-two week high of $154.29.
United Parcel Service (NYSE:UPS - Get Free Report) last posted 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 39.13% and a net margin of 6.35%. During the same period in the prior year, the business earned $2.47 EPS. As a group, analysts predict that United Parcel Service will post 7.95 earnings per share for the current fiscal year.
Institutional Trading of United Parcel Service
A number of hedge funds have recently added to or reduced their stakes in the stock. Exeter Financial LLC increased its holdings in shares of United Parcel Service by 9.9% during the first quarter. Exeter Financial LLC now owns 22,823 shares of the transportation company's stock worth $2,510,000 after buying an additional 2,060 shares in the last quarter. Farmers Trust Co. grew its position in United Parcel Service by 21.4% during the 1st quarter. Farmers Trust Co. now owns 3,430 shares of the transportation company's stock worth $377,000 after acquiring an additional 605 shares during the last quarter. Sage Capital Advisors llc increased its holdings in United Parcel Service by 79.1% in the 1st quarter. Sage Capital Advisors llc now owns 72,158 shares of the transportation company's stock worth $7,937,000 after purchasing an additional 31,858 shares in the last quarter. Agate Pass Investment Management LLC raised its position in United Parcel Service by 93.0% in the first quarter. Agate Pass Investment Management LLC now owns 9,235 shares of the transportation company's stock valued at $1,016,000 after purchasing an additional 4,450 shares during the last quarter. Finally, Versant Capital Management Inc raised its position in United Parcel Service by 31.0% in the first quarter. Versant Capital Management Inc now owns 4,693 shares of the transportation company's stock valued at $516,000 after purchasing an additional 1,110 shares during the last quarter. Institutional investors and hedge funds own 60.26% of the company's stock.
United Parcel Service Company Profile
(
Get Free Report)
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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