Insider Selling: Teri P. Mcclure Sells 4,000 Shares of United Parcel Service Stock (UPS)
United Parcel Service (NYSE:UPS) SVP Teri P. Mcclure sold 4,000 shares of United Parcel Service stock on the open market in a transaction dated Friday, May 30th. The stock was sold at an average price of $104.00, for a total value of $416,000.00. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Separately, analysts at Macquarie reiterated an “outperform” rating on shares of United Parcel Service in a research note on Tuesday, May 27th. They now have a $110.00 price target on the stock, up previously from $103.00. Six research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. United Parcel Service currently has an average rating of “Buy” and an average target price of $105.33.
United Parcel Service (NYSE:UPS) traded up 0.19% during mid-day trading on Monday, hitting $104.08. The stock had a trading volume of 2,914,114 shares. United Parcel Service has a one year low of $84.20 and a one year high of $105.37. The stock has a 50-day moving average of $99.65 and a 200-day moving average of $99.2. The company has a market cap of $95.275 billion and a P/E ratio of 23.02.
United Parcel Service (NYSE:UPS) last issued its quarterly earnings data on Thursday, April 24th. The company reported $0.98 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.08 by $0.10. The company had revenue of $13.78 billion for the quarter, compared to the consensus estimate of $13.91 billion. During the same quarter in the prior year, the company posted $1.04 earnings per share. The company’s quarterly revenue was up 2.6% on a year-over-year basis. On average, analysts predict that United Parcel Service will post $5.08 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Wednesday, June 4th. Investors of record on Monday, May 19th will be paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 2.57%. The ex-dividend date is Thursday, May 15th.
United Parcel Service, Inc (NYSE:UPS) is a package delivery company.
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