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

United Parcel Service, Inc. (NYSE:UPS - Get Free Report) shares reached a new 52-week low on Thursday . The stock traded as low as $113.89 and last traded at $114.35, with a volume of 1707792 shares. The stock had previously closed at $133.78.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Bank of America upgraded United Parcel Service from a "neutral" rating to a "buy" rating and set a $150.00 price target for the company in a research note on Thursday, January 16th. Citigroup decreased their target price on United Parcel Service from $163.00 to $158.00 and set a "buy" rating for the company in a research report on Tuesday, November 12th. Oppenheimer upped their price target 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. Susquehanna lifted their price objective on shares of United Parcel Service from $135.00 to $140.00 and gave the stock a "neutral" rating in a report on Friday, October 25th. Finally, Stifel Nicolaus dropped their target price on shares of United Parcel Service from $156.00 to $153.00 and set a "buy" rating on the stock in a report on Thursday, January 23rd. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $151.24.

United Parcel Service Stock Down 14.1 %

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 company has a market cap of $98.09 billion, a P/E ratio of 17.36, a P/E/G ratio of 1.86 and a beta of 1.00. The stock has a 50 day moving average price of $129.05 and a 200 day moving average price of $130.72.

United Parcel Service (NYSE:UPS - Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The transportation company reported $2.75 earnings per share (EPS) for the quarter, topping the consensus estimate 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 period in the previous year, the company posted $2.47 EPS. Research analysts expect that United Parcel Service, Inc. will post 7.49 earnings per share for the current fiscal year.

United Parcel Service Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, November 18th were given a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a dividend yield of 5.67%. The ex-dividend date was Monday, November 18th. United Parcel Service's dividend payout ratio (DPR) is 98.49%.

Insider Buying and Selling at United Parcel Service

In related news, insider Norman M. Brothers, Jr. sold 7,325 shares of the firm's stock in a transaction on Monday, November 25th. The shares were sold at an average price of $138.57, for a total value of $1,015,025.25. Following the transaction, the insider now directly owns 45,098 shares in the company, valued at approximately $6,249,229.86. This trade represents a 13.97 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 0.13% of the company's stock.

Institutional Trading of United Parcel Service

A number of hedge funds have recently bought and sold shares of UPS. Quarry LP raised its stake in shares of United Parcel Service by 453.6% in the 2nd quarter. Quarry LP now owns 537 shares of the transportation company's stock valued at $73,000 after buying an additional 440 shares in the last quarter. B. Riley Wealth Advisors Inc. raised its holdings in shares of United Parcel Service by 8.3% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 24,205 shares of the transportation company's stock worth $3,312,000 after buying an additional 1,863 shares in the last quarter. 3Chopt Investment Partners LLC bought a new position in shares of United Parcel Service during the second quarter valued at $363,000. New Wave Wealth Advisors LLC acquired a new position in United Parcel Service in the second quarter valued at about $231,000. Finally, Farmers National Bank boosted its holdings in shares of United Parcel Service by 0.6% in the 2nd quarter. Farmers National Bank now owns 29,366 shares of the transportation company's stock worth $4,019,000 after acquiring an additional 185 shares in the last quarter. 60.26% of the stock is owned by institutional investors.

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.