Sanford C. Bernstein reaffirmed their outperform rating on shares of United Parcel Service Inc. (NYSE:UPS) in a research report report published on Friday morning. They currently have a $116.00 target price on the stock.

A number of other research analysts also recently issued reports on the company. Argus increased their price objective on United Parcel Service from $115.00 to $125.00 and gave the stock a buy rating in a report on Tuesday, August 2nd. Barclays PLC increased their price objective on United Parcel Service from $110.00 to $115.00 and gave the stock an equal weight rating in a report on Monday, September 12th. Vetr downgraded United Parcel Service from a buy rating to a hold rating and set a $114.83 price objective for the company. in a report on Tuesday, November 8th. Deutsche Bank AG initiated coverage on United Parcel Service in a report on Wednesday, November 2nd. They set a hold rating and a $117.00 price objective for the company. Finally, Zacks Investment Research upgraded United Parcel Service from a sell rating to a hold rating in a report on Monday, October 31st. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the company’s stock. United Parcel Service currently has an average rating of Hold and a consensus price target of $113.40.

Analyst Recommendations for United Parcel Service (NYSE:UPS)

Shares of United Parcel Service (NYSE:UPS) opened at 116.26 on Friday. United Parcel Service has a 12-month low of $87.30 and a 12-month high of $116.39. The company has a 50-day moving average price of $110.21 and a 200 day moving average price of $107.97.

United Parcel Service (NYSE:UPS) last released its quarterly earnings results on Thursday, October 27th. The company reported $1.44 EPS for the quarter, hitting the Zacks’ 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 return on equity of 195.68% and a net margin of 8.33%. United Parcel Service’s revenue was up 4.9% compared to the same quarter last year. During the same quarter last year, the firm posted $1.39 earnings per share. On average, equities research analysts forecast that United Parcel Service will post $5.82 EPS for the current year.

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The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 30th. Stockholders of record on Monday, November 14th will be paid a $0.78 dividend. The ex-dividend date of this dividend is Wednesday, November 9th. This represents a $3.12 annualized dividend and a dividend yield of 2.68%. United Parcel Service’s payout ratio is 55.52%.

A number of large investors have recently modified their holdings of UPS. Americafirst Capital Management LLC purchased a new stake in shares of United Parcel Service during the second quarter worth $102,000. Security National Trust Co. raised its stake in shares of United Parcel Service by 35.1% in the second quarter. Security National Trust Co. now owns 1,059 shares of the company’s stock worth $115,000 after buying an additional 275 shares in the last quarter. Lombard Odier & Cie Canada Limited Partnership purchased a new stake in shares of United Parcel Service during the third quarter worth $120,000. Hirtle Callaghan & Co LLC purchased a new stake in shares of United Parcel Service during the third quarter worth $123,000. Finally, Financial Architects Inc raised its stake in shares of United Parcel Service by 21.6% in the third quarter. Financial Architects Inc now owns 1,136 shares of the company’s stock worth $124,000 after buying an additional 202 shares in the last quarter. Institutional investors and hedge funds own 52.50% of the company’s stock.

United Parcel Service Company Profile

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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