United Parcel Service (NYSE:UPS) Stock Price Down 1% - Time to Sell?

United Parcel Service, Inc. (NYSE:UPS - Get Free Report)'s stock price traded down 1% on Tuesday . The stock traded as low as $133.10 and last traded at $133.76. 421,905 shares changed hands during trading, a decline of 90% from the average session volume of 4,152,087 shares. The stock had previously closed at $135.13.

Wall Street Analysts Forecast Growth

Several research analysts have commented on UPS shares. Citigroup dropped their price target on United Parcel Service from $163.00 to $158.00 and set a "buy" rating on the stock in a research report on Tuesday, November 12th. Evercore ISI lifted their target price on United Parcel Service from $138.00 to $141.00 and gave the stock an "in-line" rating in a research report on Tuesday, October 22nd. TD Cowen initiated coverage on United Parcel Service in a report on Thursday, August 22nd. They issued a "hold" rating and a $144.00 price target for the company. JPMorgan Chase & Co. decreased their price objective on United Parcel Service from $140.00 to $139.00 and set a "neutral" rating on the stock in a report on Friday, October 25th. Finally, Wells Fargo & Company raised their target price on United Parcel Service from $134.00 to $142.00 and gave the stock an "overweight" rating in a research report on Thursday, October 10th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $151.52.

United Parcel Service Stock Down 1.7 %

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 firm has a market capitalization of $113.32 billion, a P/E ratio of 20.21, a PEG ratio of 2.20 and a beta of 0.99. The firm's 50-day moving average is $132.63 and its 200 day moving average is $134.51.

United Parcel Service (NYSE:UPS - Get Free Report) last announced its quarterly earnings results on Thursday, October 24th. The transportation company reported $1.76 EPS for the quarter, beating analysts' consensus estimates of $1.63 by $0.13. United Parcel Service had a return on equity of 37.38% and a net margin of 6.25%. The firm had revenue of $22.20 billion for the quarter, compared to analyst estimates of $22.10 billion. During the same period last year, the firm posted $1.57 earnings per share. The business's revenue for the quarter was up 5.4% on a year-over-year basis. As a group, equities research analysts predict that United Parcel Service, Inc. will post 7.48 EPS for the current fiscal year.

United Parcel Service Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Stockholders of record on Monday, November 18th will be given a dividend of $1.63 per share. The ex-dividend date of this dividend is Monday, November 18th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 4.91%. United Parcel Service's dividend payout ratio (DPR) is 98.49%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Blackston Financial Advisory Group LLC lifted its stake in United Parcel Service by 1.4% in the second quarter. Blackston Financial Advisory Group LLC now owns 5,068 shares of the transportation company's stock valued at $694,000 after buying an additional 69 shares during the period. Cigna Investments Inc. New grew its stake in shares of United Parcel Service by 1.0% during the 3rd quarter. Cigna Investments Inc. New now owns 7,508 shares of the transportation company's stock worth $1,024,000 after acquiring an additional 75 shares during the period. Gleason Group Inc. grew its stake in United Parcel Service by 1.2% in the 2nd quarter. Gleason Group Inc. now owns 6,496 shares of the transportation company's stock valued at $889,000 after buying an additional 77 shares in the last quarter. Nicholas Hoffman & Company LLC. raised its holdings in United Parcel Service by 0.5% during the 2nd quarter. Nicholas Hoffman & Company LLC. now owns 15,837 shares of the transportation company's stock valued at $2,167,000 after acquiring an additional 79 shares during the period. Finally, Banco Santander S.A. lifted its position in shares of United Parcel Service by 0.6% during the third quarter. Banco Santander S.A. now owns 12,596 shares of the transportation company's stock worth $1,717,000 after acquiring an additional 79 shares in the last quarter. Institutional investors own 60.26% of the company's stock.

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.

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