United Parcel Service (NYSE:UPS) Reaches New 1-Year Low - What's Next?

United Parcel Service, Inc. (NYSE:UPS - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as $93.23 and last traded at $93.89, with a volume of 717211 shares traded. The stock had previously closed at $97.71.

Analyst Ratings Changes

Several research firms recently commented on UPS. Raymond James reduced their price objective on shares of United Parcel Service from $145.00 to $130.00 and set a "strong-buy" rating for the company in a research note on Tuesday. Stifel Nicolaus reduced their price objective on United Parcel Service from $156.00 to $153.00 and set a "buy" rating for the company in a research note on Thursday, January 23rd. JPMorgan Chase & Co. lowered their price target on shares of United Parcel Service from $135.00 to $120.00 and set a "neutral" rating on the stock in a report on Friday, January 31st. StockNews.com cut United Parcel Service from a "buy" rating to a "hold" rating in a research report on Thursday. Finally, Barclays cut their target price on shares of United Parcel Service from $100.00 to $90.00 and set an "underweight" rating for the company in a research note on Monday, March 31st. Two analysts have rated the stock with a sell rating, ten have issued a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, United Parcel Service currently has a consensus rating of "Hold" and a consensus target price of $131.32.

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United Parcel Service Price Performance

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 $82.81 billion, a PE ratio of 14.34, a PEG ratio of 1.55 and a beta of 1.10. The stock has a 50 day moving average of $112.40 and a two-hundred day moving average of $124.21.

United Parcel Service (NYSE:UPS - Get Free Report) last issued its earnings results on Thursday, January 30th. The transportation company reported $2.75 EPS for the quarter, topping 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 previous year, the firm earned $2.47 earnings per share. Equities analysts anticipate that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Tuesday, February 18th were paid a $1.64 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $6.56 dividend on an annualized basis and a yield of 6.77%. This is an increase from United Parcel Service's previous quarterly dividend of $1.63. United Parcel Service's payout ratio is 97.04%.

Institutional Investors Weigh In On United Parcel Service

Several institutional investors have recently made changes to their positions in UPS. IMG Wealth Management Inc. acquired a new stake in United Parcel Service in the fourth quarter valued at approximately $25,000. Generali Investments Management Co LLC acquired a new stake in shares of United Parcel Service in the 4th quarter valued at $26,000. IFS Advisors LLC boosted its holdings 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 in the last quarter. Pinney & Scofield Inc. acquired a new position in United Parcel Service during the fourth quarter worth $27,000. Finally, Fourth Dimension Wealth LLC bought a new position in United Parcel Service during the fourth quarter valued at about $28,000. 60.26% of the stock is currently owned by institutional investors and hedge funds.

About United Parcel Service

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.