Investors Sell United Parcel Service (UPS) on Strength (UPS)

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Investors sold shares of United Parcel Service, Inc. (NYSE:UPS) on strength during trading on Thursday. $52.54 million flowed into the stock on the tick-up and $83.52 million flowed out of the stock on the tick-down, for a money net flow of $30.98 million out of the stock. Of all companies tracked, United Parcel Service had the 0th highest net out-flow for the day. United Parcel Service traded up $0.37 for the day and closed at $111.50

UPS has been the topic of several research reports. UBS Group upgraded shares of United Parcel Service from a “neutral” rating to a “buy” rating and set a $125.00 target price on the stock in a report on Monday, July 16th. Goldman Sachs Group set a $139.00 target price on shares of United Parcel Service and gave the stock a “buy” rating in a report on Wednesday, July 25th. Zacks Investment Research upgraded shares of United Parcel Service from a “hold” rating to a “buy” rating and set a $126.00 target price on the stock in a report on Tuesday, July 24th. Citigroup dropped their target price on shares of United Parcel Service from $134.00 to $125.00 and set a “buy” rating on the stock in a report on Thursday, October 25th. Finally, Cowen restated a “hold” rating and issued a $128.00 target price on shares of United Parcel Service in a report on Thursday, July 26th. One analyst has rated the stock with a sell rating, fourteen have issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $125.66.

The company has a debt-to-equity ratio of 6.43, a quick ratio of 1.14 and a current ratio of 1.14. The stock has a market capitalization of $95.61 billion, a price-to-earnings ratio of 15.92, a P/E/G ratio of 1.66 and a beta of 1.14.

United Parcel Service (NYSE:UPS) last released its quarterly earnings results on Wednesday, October 24th. The transportation company reported $1.82 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.82. United Parcel Service had a net margin of 7.68% and a return on equity of 307.54%. The business had revenue of $17.44 billion for the quarter, compared to the consensus estimate of $17.48 billion. During the same period last year, the firm earned $1.45 earnings per share. The company’s quarterly revenue was up 7.9% on a year-over-year basis. Equities analysts expect that United Parcel Service, Inc. will post 7.23 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 5th. Stockholders of record on Monday, November 19th will be given a dividend of $0.91 per share. The ex-dividend date of this dividend is Friday, November 16th. This represents a $3.64 annualized dividend and a dividend yield of 3.32%. United Parcel Service’s payout ratio is 60.57%.

In other news, insider George Willis sold 4,312 shares of the firm’s stock in a transaction on Thursday, August 23rd. The shares were sold at an average price of $121.34, for a total transaction of $523,218.08. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, COO James J. Barber sold 2,500 shares of the firm’s stock in a transaction on Monday, August 20th. The shares were sold at an average price of $121.94, for a total transaction of $304,850.00. The disclosure for this sale can be found here. 0.56% of the stock is owned by company insiders.

Several hedge funds have recently made changes to their positions in UPS. Legacy Financial Advisors Inc. bought a new stake in United Parcel Service in the 2nd quarter valued at $111,000. Psagot Investment House Ltd. bought a new stake in United Parcel Service in the 3rd quarter valued at $121,000. Moneta Group Investment Advisors LLC increased its holdings in United Parcel Service by 118.8% in the 2nd quarter. Moneta Group Investment Advisors LLC now owns 1,105 shares of the transportation company’s stock valued at $117,000 after acquiring an additional 600 shares during the last quarter. Signature Wealth Management Group bought a new stake in United Parcel Service in the 2nd quarter valued at $118,000. Finally, Advisors Preferred LLC increased its holdings in United Parcel Service by 845.8% in the 2nd quarter. Advisors Preferred LLC now owns 1,135 shares of the transportation company’s stock valued at $121,000 after acquiring an additional 1,015 shares during the last quarter. Hedge funds and other institutional investors own 53.65% of the company’s stock.

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About United Parcel Service (NYSE:UPS)

United Parcel Service, Inc provides letter and package delivery, specialized transportation, logistics, and financial services. It operates through three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. The U.S. Domestic Package segment offers time-definite delivery of letters, documents, small packages, and palletized freight through air and ground services in the United States.

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