16 hours Ago By ABMN Staff
United Parcel Service, Inc. ( NYSE:UPS – Get Free Report ) was up 1% during mid-day trading on Monday . The company traded as high as $129.
51 and last traded at $128.48. Approximately 806,544 shares were traded during trading, a decline of 81% from the average daily volume of 4,225,568 shares.
The stock had previously closed at $127.24. Wall Street Analyst Weigh In Several brokerages have commented on UPS.
Baird R W raised shares of United Parcel Service to a “strong-buy” rating in a research report on Wednesday, July 24th. Robert W. Baird lowered their price target on shares of United Parcel Service from $170.
00 to $160.00 and set an “outperform” rating on the stock in a report on Wednesday, July 24th. BMO Capital Markets reduced their price objective on United Parcel Service from $169.
00 to $155.00 and set a “market perform” rating for the company in a report on Wednesday, July 24th. Oppenheimer decreased their target price on United Parcel Service from $157.
00 to $140.00 and set an “outperform” rating for the company in a research report on Wednesday, July 24th. Finally, UBS Group dropped their price target on United Parcel Service from $175.
00 to $159.00 and set a “buy” rating on the stock in a research report on Wednesday, July 24th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company.
Based on data from MarketBeat.com, United Parcel Service presently has an average rating of “Moderate Buy” and an average price target of $149.68.
Read Our Latest Report on UPS United Parcel Service Stock Performance United Parcel Service ( NYSE:UPS – Get Free Report ) last released its earnings results on Tuesday, July 23rd. The transportation company reported $1.79 EPS for the quarter, missing analysts’ consensus estimates of $1.
99 by ($0.20). United Parcel Service had a net margin of 5.
87% and a return on equity of 35.27%. The firm had revenue of $21.
82 billion during the quarter, compared to the consensus estimate of $22.17 billion. During the same period in the prior year, the company earned $2.
54 EPS. The firm’s revenue was down 1.1% compared to the same quarter last year.
On average, equities research analysts forecast that United Parcel Service, Inc. will post 7.43 EPS for the current year.
United Parcel Service Dividend Announcement The company also recently announced a quarterly dividend, which was paid on Thursday, September 5th. Investors of record on Monday, August 19th were given a $1.63 dividend.
The ex-dividend date of this dividend was Monday, August 19th. This represents a $6.52 dividend on an annualized basis and a yield of 4.
99%. United Parcel Service’s payout ratio is 94.49%.
Insider Buying and Selling at United Parcel Service In other United Parcel Service news, Director William R. Johnson acquired 5,000 shares of the stock in a transaction dated Thursday, July 25th. The stock was purchased at an average cost of $128.
61 per share, for a total transaction of $643,050.00. Following the acquisition, the director now owns 5,160 shares in the company, valued at approximately $663,627.
60. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink . Company insiders own 0.
13% of the company’s stock. Institutional Inflows and Outflows Large investors have recently modified their holdings of the stock. Vanguard Group Inc.
lifted its position in United Parcel Service by 0.3% in the fourth quarter. Vanguard Group Inc.
now owns 67,218,714 shares of the transportation company’s stock valued at $10,568,798,000 after purchasing an additional 178,394 shares during the last quarter. Wellington Management Group LLP raised its holdings in United Parcel Service by 87.6% during the 4th quarter.
Wellington Management Group LLP now owns 18,152,900 shares of the transportation company’s stock valued at $2,854,180,000 after buying an additional 8,475,698 shares during the last quarter. Clearbridge Investments LLC boosted its position in United Parcel Service by 6.5% during the 1st quarter.
Clearbridge Investments LLC now owns 6,671,306 shares of the transportation company’s stock valued at $991,556,000 after buying an additional 406,248 shares during the period. Bank of New York Mellon Corp grew its holdings in United Parcel Service by 0.3% in the 2nd quarter.
Bank of New York Mellon Corp now owns 6,490,712 shares of the transportation company’s stock worth $888,254,000 after acquiring an additional 20,426 shares during the last quarter. Finally, American Century Companies Inc. increased its position in shares of United Parcel Service by 10.
5% in the second quarter. American Century Companies Inc. now owns 4,144,372 shares of the transportation company’s stock valued at $567,157,000 after acquiring an additional 393,434 shares during the period.
Hedge funds and other institutional investors 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.
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