1 week Ago By ABMN Staff
United Parcel Service ( NYSE:UPS – Free Report ) had its target price decreased by Citigroup from $149.00 to $123.00 in a report released on Tuesday morning, Benzinga reports.
Citigroup currently has a buy rating on the transportation company’s stock. Several other brokerages have also commented on UPS. Deutsche Bank Aktiengesellschaft began coverage on shares of United Parcel Service in a research note on Friday, March 7th.
They set a “hold” rating and a $119.00 price target on the stock. Susquehanna lowered their price target on United Parcel Service from $130.
00 to $120.00 and set a “neutral” rating on the stock in a report on Tuesday, April 1st. Loop Capital reduced their price objective on shares of United Parcel Service from $120.
00 to $115.00 and set a “hold” rating for the company in a research note on Monday, February 3rd. BMO Capital Markets upgraded shares of United Parcel Service from a “market perform” rating to an “outperform” rating and dropped their target price for the stock from $155.
00 to $150.00 in a report on Tuesday, December 10th. Finally, UBS Group decreased their price target on shares of United Parcel Service from $141.
00 to $127.00 and set a “buy” rating for the company in a report on Thursday, April 3rd. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock.
Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $131.32.
Get Our Latest Stock Analysis on United Parcel Service United Parcel Service Price Performance United Parcel Service ( NYSE:UPS – Get Free Report ) last posted its quarterly earnings results on Thursday, January 30th. The transportation company reported $2.75 EPS for the quarter, beating 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 previous year, the company posted $2.
47 EPS. Equities analysts expect that United Parcel Service will post 7.95 earnings per share for the current fiscal year.
United Parcel Service Increases Dividend The business also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Tuesday, February 18th were paid a $1.64 dividend.
This is a positive change from United Parcel Service’s previous quarterly dividend of $1.63. The ex-dividend date of this dividend was Tuesday, February 18th.
This represents a $6.56 annualized dividend and a yield of 7.15%.
United Parcel Service’s payout ratio is currently 97.04%. Institutional Investors Weigh In On United Parcel Service Hedge funds have recently made changes to their positions in the company.
Pacific Sage Partners LLC grew its stake in shares of United Parcel Service by 4.8% during the fourth quarter. Pacific Sage Partners LLC now owns 1,677 shares of the transportation company’s stock valued at $212,000 after purchasing an additional 77 shares during the last quarter.
Quent Capital LLC raised its holdings in United Parcel Service by 16.7% during the 4th quarter. Quent Capital LLC now owns 558 shares of the transportation company’s stock worth $70,000 after purchasing an additional 80 shares during the last quarter.
Gleason Group Inc. lifted its position in United Parcel Service by 1.3% during the 4th quarter.
Gleason Group Inc. now owns 6,660 shares of the transportation company’s stock valued at $840,000 after purchasing an additional 84 shares during the period. Versant Capital Management Inc boosted its stake in United Parcel Service by 2.
5% in the fourth quarter. Versant Capital Management Inc now owns 3,583 shares of the transportation company’s stock valued at $452,000 after acquiring an additional 89 shares during the last quarter. Finally, Altus Wealth Group LLC increased its holdings in United Parcel Service by 4.
6% in the fourth quarter. Altus Wealth Group LLC now owns 2,022 shares of the transportation company’s stock valued at $255,000 after purchasing an additional 89 shares during the last quarter. Institutional investors and hedge funds own 60.
26% of the company’s stock. United Parcel Service Company Profile ( Get Free Report ) 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. Read More Receive News & Ratings for United Parcel Service Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Parcel Service and related companies with MarketBeat.
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