United Parcel Service, Inc. (NYSE:UPS) Given Consensus Recommendation of “Hold” by Brokerages

United Parcel Service, Inc. (NYSE:UPSGet Free Report) has been assigned a consensus recommendation of “Hold” from the twenty-eight brokerages that are presently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a sell recommendation, fourteen have issued a hold recommendation, nine have issued a buy recommendation and two have given a strong buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $113.6667.

Several analysts recently issued reports on UPS shares. TD Cowen increased their price target on United Parcel Service from $101.00 to $115.00 and gave the company a “hold” rating in a report on Wednesday, January 28th. BMO Capital Markets upped their target price on United Parcel Service from $105.00 to $110.00 and gave the stock a “market perform” rating in a research report on Wednesday, January 28th. Oppenheimer increased their target price on United Parcel Service from $107.00 to $115.00 and gave the company an “outperform” rating in a research note on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft raised their target price on United Parcel Service from $88.00 to $106.00 and gave the company a “hold” rating in a report on Wednesday, January 28th. Finally, Susquehanna boosted their price target on United Parcel Service from $105.00 to $115.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 20th.

Check Out Our Latest Report on United Parcel Service

Insider Activity at United Parcel Service

In other news, insider Norman M. Brothers, Jr. sold 25,014 shares of the business’s stock in a transaction on Wednesday, January 28th. The shares were sold at an average price of $106.15, for a total transaction of $2,655,236.10. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.13% of the company’s stock.

Institutional Investors Weigh In On United Parcel Service

Several hedge funds and other institutional investors have recently added to or reduced their stakes in UPS. Potomac Fund Management Inc. ADV boosted its position in United Parcel Service by 0.8% in the 4th quarter. Potomac Fund Management Inc. ADV now owns 11,324 shares of the transportation company’s stock valued at $1,123,000 after buying an additional 90 shares during the last quarter. Westbourne Investments Inc. increased its position in shares of United Parcel Service by 1.2% during the fourth quarter. Westbourne Investments Inc. now owns 7,876 shares of the transportation company’s stock worth $781,000 after acquiring an additional 91 shares during the last quarter. Ipsen Advisor Group LLC lifted its stake in shares of United Parcel Service by 1.7% in the fourth quarter. Ipsen Advisor Group LLC now owns 5,670 shares of the transportation company’s stock worth $562,000 after acquiring an additional 95 shares in the last quarter. Webster Bank N. A. lifted its stake in shares of United Parcel Service by 16.7% in the fourth quarter. Webster Bank N. A. now owns 698 shares of the transportation company’s stock worth $69,000 after acquiring an additional 100 shares in the last quarter. Finally, Peoples Financial Services CORP. boosted its holdings in United Parcel Service by 2.5% in the fourth quarter. Peoples Financial Services CORP. now owns 4,030 shares of the transportation company’s stock valued at $400,000 after purchasing an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 60.26% of the company’s stock.

Key Headlines Impacting United Parcel Service

Here are the key news stories impacting United Parcel Service this week:

United Parcel Service Price Performance

UPS opened at $97.43 on Friday. United Parcel Service has a 52-week low of $82.00 and a 52-week high of $122.41. The company has a 50 day moving average of $108.41 and a two-hundred day moving average of $98.57. The company has a market cap of $82.73 billion, a P/E ratio of 14.85, a P/E/G ratio of 1.55 and a beta of 1.08. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.45.

United Parcel Service (NYSE:UPSGet Free Report) last issued its earnings results on Tuesday, January 27th. The transportation company reported $2.38 EPS for the quarter, beating analysts’ consensus estimates of $2.20 by $0.18. The business had revenue of $24.48 billion for the quarter, compared to the consensus estimate of $23.91 billion. United Parcel Service had a net margin of 6.28% and a return on equity of 38.30%. The business’s revenue for the quarter was down 3.2% compared to the same quarter last year. During the same quarter last year, the firm posted $2.75 EPS. On average, analysts expect that United Parcel Service will post 7.95 earnings per share for the current year.

United Parcel Service Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 5th. Stockholders of record on Tuesday, February 17th were paid a dividend of $1.64 per share. The ex-dividend date was Tuesday, February 17th. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.7%. United Parcel Service’s dividend payout ratio (DPR) is currently 100.00%.

About United Parcel Service

(Get Free Report)

United Parcel Service (NYSE: UPS) is a global package delivery and supply chain management company that provides a broad range of transportation, logistics and e-commerce services. Its core business centers on small-package delivery and last-mile distribution for business and individual customers, supported by a network of ground transportation, air cargo operations (UPS Airlines) and sorting facilities. In addition to parcel delivery, UPS offers freight transportation, contract logistics, warehousing, customs brokerage and reverse-logistics solutions designed to support domestic and international commerce.

The company traces its roots to 1907 when it began as a small messenger service in the United States and later evolved into the United Parcel Service.

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Analyst Recommendations for United Parcel Service (NYSE:UPS)

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