United Parcel Service (NYSE:UPS) Stock Price Down 1.8% - Should You Sell?

Shares of United Parcel Service, Inc. (NYSE:UPS - Get Free Report) fell 1.8% during trading on Friday . The company traded as low as $93.61 and last traded at $94.87. 1,312,390 shares traded hands during trading, a decline of 73% from the average session volume of 4,782,655 shares. The stock had previously closed at $96.56.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Wells Fargo & Company reduced their price objective on United Parcel Service from $128.00 to $120.00 and set an "overweight" rating for the company in a research report on Thursday, March 27th. Raymond James decreased their price target on shares of United Parcel Service from $145.00 to $130.00 and set a "strong-buy" rating on the stock in a research report on Tuesday, April 8th. Barclays cut their price objective on shares of United Parcel Service from $100.00 to $90.00 and set an "underweight" rating for the company in a research report on Monday, March 31st. The Goldman Sachs Group decreased their target price on United Parcel Service from $166.00 to $147.00 and set a "buy" rating on the stock in a research report on Friday, January 31st. Finally, Citigroup cut their price target on United Parcel Service from $149.00 to $123.00 and set a "buy" rating for the company in a report on Tuesday, April 8th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and an average target price of $131.32.

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United Parcel Service Stock Performance

The stock has a market capitalization of $82.81 billion, a price-to-earnings ratio of 14.34, a price-to-earnings-growth ratio of 1.55 and a beta of 1.10. The company has a quick ratio of 1.14, a current ratio of 1.17 and a debt-to-equity ratio of 1.16. The stock's 50-day simple moving average is $112.11 and its 200 day simple moving average is $123.91.

United Parcel Service (NYSE:UPS - Get Free Report) last issued its quarterly earnings results 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 6.35% and a return on equity of 39.13%. During the same quarter in the prior year, the business posted $2.47 EPS. Analysts expect that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.

United Parcel Service Increases Dividend

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

Institutional Investors Weigh In On United Parcel Service

Institutional investors and hedge funds have recently modified their holdings of the business. IMG Wealth Management Inc. bought a new stake in shares of United Parcel Service during the 4th quarter valued at $25,000. Generali Investments Management Co LLC acquired a new stake in shares of United Parcel Service during the fourth quarter worth $26,000. IFS Advisors LLC increased 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 valued at $27,000 after purchasing an additional 151 shares during the last quarter. Pinney & Scofield Inc. acquired a new position in United Parcel Service in the fourth quarter valued at about $27,000. Finally, Fourth Dimension Wealth LLC bought a new stake in shares of United Parcel Service in the 4th quarter valued at about $28,000. 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.