BMO Capital Markets initiated coverage on shares of United Parcel Service Inc. (NYSE:UPS) in a research report sent to investors on Thursday morning. The brokerage issued an outperform rating and a $125.00 price target on the stock. The analysts noted that the move was a valuation call.

A number of other analysts also recently weighed in on UPS. Zacks Investment Research downgraded shares of United Parcel Service from a buy rating to a hold rating in a research report on Friday, July 22nd. Morgan Stanley set a $91.00 price target on shares of United Parcel Service and gave the company a sell rating in a research report on Monday, August 1st. Oppenheimer Holdings Inc. reiterated an outperform rating and issued a $116.00 price target (up from $112.00) on shares of United Parcel Service in a research report on Tuesday, August 2nd. Argus increased their price target on shares of United Parcel Service from $115.00 to $125.00 and gave the company a buy rating in a research report on Tuesday, August 2nd. Finally, Barclays PLC increased their price target on shares of United Parcel Service from $110.00 to $115.00 and gave the company an equal weight rating in a research report on Monday, September 12th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the company. The stock has an average rating of Hold and a consensus price target of $113.17.

United Parcel Service (NYSE:UPS) traded up 0.70% during mid-day trading on Thursday, reaching $114.29. 358,483 shares of the company’s stock traded hands. United Parcel Service has a 1-year low of $87.30 and a 1-year high of $114.75. The firm has a 50-day moving average price of $109.32 and a 200-day moving average price of $107.52. The stock has a market cap of $99.74 billion, a P/E ratio of 20.37 and a beta of 0.89.

United Parcel Service (NYSE:UPS) last issued its earnings results on Thursday, October 27th. The company reported $1.44 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.44. The company had revenue of $14.93 billion for the quarter, compared to analyst estimates of $14.72 billion. United Parcel Service had a net margin of 8.33% and a return on equity of 195.68%. The company’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter last year, the firm earned $1.39 EPS. Equities research analysts anticipate that United Parcel Service will post $5.82 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 30th. Shareholders of record on Monday, November 14th will be given a dividend of $0.78 per share. The ex-dividend date is Wednesday, November 9th. This represents a $3.12 dividend on an annualized basis and a yield of 2.75%. United Parcel Service’s dividend payout ratio (DPR) is 55.52%.

Large investors have recently bought and sold shares of the company. HBK Investments L P purchased a new stake in United Parcel Service during the first quarter worth $818,000. Panagora Asset Management Inc. increased its stake in United Parcel Service by 12.6% in the first quarter. Panagora Asset Management Inc. now owns 118,140 shares of the company’s stock worth $12,460,000 after buying an additional 13,266 shares in the last quarter. Babson Capital Management LLC increased its stake in United Parcel Service by 95.8% in the first quarter. Babson Capital Management LLC now owns 35,775 shares of the company’s stock worth $3,773,000 after buying an additional 17,500 shares in the last quarter. Arizona State Retirement System increased its stake in United Parcel Service by 1.1% in the first quarter. Arizona State Retirement System now owns 333,843 shares of the company’s stock worth $35,210,000 after buying an additional 3,700 shares in the last quarter. Finally, Seven Eight Capital LLC increased its stake in United Parcel Service by 34.7% in the first quarter. Seven Eight Capital LLC now owns 10,100 shares of the company’s stock worth $1,065,000 after buying an additional 2,600 shares in the last quarter. 53.29% of the stock is owned by institutional investors.

About United Parcel Service

United Parcel Service, Inc (UPS) is a package delivery company. The Company is a provider of global supply chain management solutions. It delivers packages each business day in over 220 countries and territories. The Company operates in three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight.

5 Day Chart for NYSE:UPS

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