United Parcel Service (NYSE:UPS) Downgraded to "Hold" Rating by Baird R W

United Parcel Service (NYSE:UPS - Get Free Report) was downgraded by investment analysts at Baird R W from a "strong-buy" rating to a "hold" rating in a report issued on Friday,Zacks.com reports.

UPS has been the subject of several other research reports. Argus raised shares of United Parcel Service from a "hold" rating to a "buy" rating in a research note on Tuesday, November 5th. Wolfe Research raised United Parcel Service from a "peer perform" rating to an "outperform" rating and set a $147.00 price objective on the stock in a research note on Wednesday, January 8th. StockNews.com upgraded shares of United Parcel Service from a "hold" rating to a "buy" rating in a research report on Wednesday, November 6th. Robert W. Baird lowered shares of United Parcel Service from an "outperform" rating to a "neutral" rating and cut their price target for the company from $160.00 to $130.00 in a research note on Friday. Finally, Wells Fargo & Company decreased their price target on shares of United Parcel Service from $150.00 to $128.00 and set an "overweight" rating for the company in a research note on Friday. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $141.95.

United Parcel Service Trading Down 0.6 %

NYSE:UPS opened at $114.19 on Friday. The business has a fifty day moving average of $128.72 and a 200-day moving average of $130.61. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.14 and a current ratio of 1.14. The stock has a market cap 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.

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

Insider Activity 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 that occurred on Monday, November 25th. The shares were sold at an average price of $138.57, for a total transaction of $1,015,025.25. Following the completion of the sale, the insider now directly owns 45,098 shares in the company, valued at $6,249,229.86. The trade was a 13.97 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.13% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On United Parcel Service

A number of institutional investors have recently made changes to their positions in UPS. IFS Advisors LLC lifted its stake in United Parcel Service by 232.3% in the fourth quarter. IFS Advisors LLC now owns 216 shares of the transportation company's stock worth $27,000 after purchasing an additional 151 shares during the last quarter. True Wealth Design LLC lifted its stake in shares of United Parcel Service by 397.7% in the 3rd quarter. True Wealth Design LLC now owns 214 shares of the transportation company's stock valued at $29,000 after acquiring an additional 171 shares during the last quarter. PSI Advisors LLC boosted its holdings in United Parcel Service by 408.2% during the 3rd quarter. PSI Advisors LLC now owns 249 shares of the transportation company's stock valued at $34,000 after acquiring an additional 200 shares during the period. Princeton Global Asset Management LLC grew its position in United Parcel Service by 720.0% during the 3rd quarter. Princeton Global Asset Management LLC now owns 246 shares of the transportation company's stock worth $34,000 after acquiring an additional 216 shares during the last quarter. Finally, FSA Wealth Management LLC purchased a new position in United Parcel Service in the 3rd quarter worth approximately $36,000. Hedge funds and other 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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