United Parcel Service, Inc. (NYSE:UPS) COO James J. Barber sold 1,500 shares of the stock in a transaction on Friday, November 1st. The stock was sold at an average price of $116.43, for a total transaction of $174,645.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Shares of UPS stock opened at $121.95 on Thursday. The company has a market capitalization of $102.62 billion, a PE ratio of 16.84, a price-to-earnings-growth ratio of 1.82 and a beta of 1.22. The firm has a fifty day simple moving average of $117.59 and a 200-day simple moving average of $110.14. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 4.27. United Parcel Service, Inc. has a twelve month low of $89.89 and a twelve month high of $123.78.
United Parcel Service (NYSE:UPS) last announced its earnings results on Tuesday, October 22nd. The transportation company reported $2.07 earnings per share for the quarter, beating the consensus estimate of $2.06 by $0.01. The business had revenue of $18.32 billion during the quarter, compared to the consensus estimate of $18.35 billion. United Parcel Service had a net margin of 6.81% and a return on equity of 154.80%. The business’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.82 earnings per share. Equities research analysts predict that United Parcel Service, Inc. will post 7.51 EPS for the current year.
Several hedge funds have recently made changes to their positions in UPS. Capital Advisors Ltd. LLC boosted its stake in shares of United Parcel Service by 65.0% in the second quarter. Capital Advisors Ltd. LLC now owns 297 shares of the transportation company’s stock valued at $31,000 after purchasing an additional 117 shares during the period. Kavar Capital Partners LLC purchased a new position in shares of United Parcel Service in the second quarter valued at $38,000. NumerixS Investment Technologies Inc bought a new position in United Parcel Service during the 2nd quarter valued at $38,000. Earnest Partners LLC bought a new position in United Parcel Service during the 2nd quarter valued at $40,000. Finally, Orrstown Financial Services Inc. boosted its stake in United Parcel Service by 41.7% during the 2nd quarter. Orrstown Financial Services Inc. now owns 425 shares of the transportation company’s stock valued at $44,000 after acquiring an additional 125 shares during the last quarter. Institutional investors and hedge funds own 55.30% of the company’s stock.
Several research firms have recently issued reports on UPS. Barclays reissued a “hold” rating and issued a $120.00 price objective on shares of United Parcel Service in a research report on Wednesday, October 23rd. Berenberg Bank reissued a “buy” rating on shares of United Parcel Service in a research report on Friday, July 26th. UBS Group set a $136.00 price objective on shares of United Parcel Service and gave the stock a “buy” rating in a research report on Friday, November 1st. Stifel Nicolaus lowered shares of United Parcel Service from a “buy” rating to a “hold” rating and set a $118.00 price objective for the company. in a research report on Monday, July 29th. Finally, JPMorgan Chase & Co. set a $135.00 price objective on shares of United Parcel Service and gave the stock a “neutral” rating in a research report on Friday, October 4th. Two analysts have rated the stock with a sell rating, eight have given a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $121.99.
United Parcel Service Company Profile
United Parcel Service, Inc provides letter and package delivery, specialized transportation, logistics, and financial services. It operates through three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. The U.S. Domestic Package segment offers time-definite delivery of letters, documents, small packages, and palletized freight through air and ground services in the United States.
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.com's FREE daily email newsletter.