United Parcel Service, Inc. (NYSE:UPS) has earned a consensus rating of “Hold” from the twenty research firms that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and six have issued a buy rating on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $114.15.

UPS has been the topic of a number of recent research reports. Cowen and Company restated a “hold” rating on shares of United Parcel Service in a research report on Wednesday. Zacks Investment Research upgraded shares of United Parcel Service from a “sell” rating to a “hold” rating in a research report on Monday, May 1st. BidaskClub upgraded shares of United Parcel Service from a “sell” rating to a “hold” rating in a research report on Wednesday, June 28th. Seaport Global Securities initiated coverage on shares of United Parcel Service in a research report on Tuesday, June 6th. They issued a “neutral” rating on the stock. Finally, Sanford C. Bernstein restated an “outperform” rating and issued a $127.00 price target on shares of United Parcel Service in a research report on Monday, July 3rd.

Shares of United Parcel Service (NYSE UPS) traded down 0.36% during midday trading on Monday, hitting $112.58. 2,237,064 shares of the stock were exchanged. The firm has a 50-day moving average price of $109.67 and a 200-day moving average price of $108.32. United Parcel Service has a 12-month low of $102.12 and a 12-month high of $120.44. The company has a market cap of $97.69 billion, a PE ratio of 28.76 and a beta of 0.88.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings results on Thursday, April 27th. The transportation company reported $1.32 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.29 by $0.03. United Parcel Service had a net margin of 5.60% and a return on equity of 320.39%. The company had revenue of $15.32 billion for the quarter, compared to the consensus estimate of $15.19 billion. During the same period last year, the firm posted $1.27 EPS. The company’s revenue for the quarter was up 6.2% on a year-over-year basis. On average, equities analysts predict that United Parcel Service will post $5.95 EPS for the current year.

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In related news, SVP Kathleen M. Gutmann sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, June 5th. The shares were sold at an average price of $107.49, for a total transaction of $214,980.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 0.59% of the company’s stock.

A number of hedge funds and other institutional investors have recently made changes to their positions in UPS. Banco Santander S.A. purchased a new position in shares of United Parcel Service during the fourth quarter valued at about $2,293,000. Chevy Chase Trust Holdings Inc. boosted its position in shares of United Parcel Service by 3.3% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 600,375 shares of the transportation company’s stock valued at $64,420,000 after buying an additional 19,369 shares during the period. Atlas Brown Inc. boosted its position in shares of United Parcel Service by 0.9% in the first quarter. Atlas Brown Inc. now owns 2,296 shares of the transportation company’s stock valued at $246,000 after buying an additional 20 shares during the period. Worth Venture Partners LLC purchased a new position in shares of United Parcel Service during the fourth quarter valued at about $880,000. Finally, BTIM Corp. boosted its position in shares of United Parcel Service by 1.5% in the first quarter. BTIM Corp. now owns 470,649 shares of the transportation company’s stock valued at $50,501,000 after buying an additional 7,066 shares during the period. 53.26% of the stock is currently owned by hedge funds and other institutional investors.

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. The Company operates through three segments: U.S. Domestic Package operations, International Package operations, and Supply Chain & Freight operations. As of December 31, 2016, the Company delivered packages in over 220 countries and territories.

Analyst Recommendations for United Parcel Service (NYSE:UPS)

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