United Parcel Service (NYSE:UPS) Stock Price Up 3.2% – Should You Buy?

United Parcel Service, Inc. (NYSE:UPS)’s share price traded up 3.2% during trading on Tuesday . The company traded as high as $102.08 and last traded at $102.46. 1,440,521 shares were traded during mid-day trading, a decline of 72% from the average session volume of 5,144,827 shares. The stock had previously closed at $99.31.

Analyst Upgrades and Downgrades

UPS has been the topic of a number of analyst reports. Citigroup lowered their price objective on United Parcel Service from $149.00 to $123.00 and set a “buy” rating on the stock in a research report on Tuesday, April 8th. UBS Group cut their price objective on United Parcel Service from $141.00 to $127.00 and set a “buy” rating for the company in a research report on Thursday, April 3rd. Barclays decreased their price target on shares of United Parcel Service from $100.00 to $90.00 and set an “underweight” rating on the stock in a research note on Monday, March 31st. Loop Capital lowered their price objective on United Parcel Service from $115.00 to $105.00 and set a “hold” rating for the company in a research note on Wednesday, April 30th. Finally, Susquehanna dropped their price objective on shares of United Parcel Service from $120.00 to $110.00 and set a “neutral” rating for the company in a research note on Wednesday, April 30th. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $120.26.

United Parcel Service Stock Up 2.9%

The company has a debt-to-equity ratio of 1.16, a current ratio of 1.17 and a quick ratio of 1.14. The firm has a market capitalization of $86.55 billion, a price-to-earnings ratio of 15.12, a price-to-earnings-growth ratio of 1.55 and a beta of 1.22. The firm’s 50-day moving average price is $97.10 and its 200 day moving average price is $113.49.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Tuesday, April 29th. The transportation company reported $1.49 EPS for the quarter, beating analysts’ consensus estimates of $1.38 by $0.11. United Parcel Service had a net margin of 6.35% and a return on equity of 39.13%. The company had revenue of $21.50 billion during the quarter, compared to the consensus estimate of $21.25 billion. During the same quarter in the prior year, the company posted $1.43 EPS. The company’s quarterly revenue was down .9% compared to the same quarter last year. Sell-side analysts expect that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Investors of record on Monday, May 19th were paid a dividend of $1.64 per share. This represents a $6.56 annualized dividend and a yield of 6.42%. The ex-dividend date of this dividend was Monday, May 19th. United Parcel Service’s dividend payout ratio (DPR) is 95.63%.

Institutional Trading of United Parcel Service

Large investors have recently modified their holdings of the business. IMG Wealth Management Inc. bought a new stake in shares of United Parcel Service in the 4th quarter worth approximately $25,000. Generali Investments Management Co LLC acquired a new position in United Parcel Service in the 4th quarter worth approximately $26,000. Graybill Wealth Management LTD. purchased a new position in shares of United Parcel Service during the first quarter valued at $26,000. Pinney & Scofield Inc. acquired a new position in United Parcel Service in the 4th quarter valued at approximately $27,000. Finally, Citizens National Bank Trust Department grew its stake in United Parcel Service by 525.0% in the first quarter. Citizens National Bank Trust Department now owns 250 shares of the transportation company’s stock valued at $27,000 after purchasing an additional 210 shares in the last quarter. 60.26% of the stock is currently owned by institutional investors and hedge funds.

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.