Shares of United Parcel Service, Inc. (NYSE:UPS) have received a consensus rating of “Hold” from the twenty-three research firms that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, twelve have assigned a hold recommendation and eight have issued a buy recommendation on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $121.53.

A number of analysts have weighed in on the company. UBS upped their price target on United Parcel Service from $117.00 to $126.00 and gave the company a “neutral” rating in a research report on Friday, October 27th. Deutsche Bank upgraded United Parcel Service from a “hold” rating to a “buy” rating and upped their price target for the company from $125.00 to $135.00 in a research report on Monday, December 4th. Robert W. Baird reiterated a “hold” rating and issued a $118.00 price target on shares of United Parcel Service in a research report on Sunday, October 1st. Cowen upped their price target on United Parcel Service from $115.00 to $124.00 and gave the company a “market perform” rating in a research report on Monday, October 23rd. Finally, Loop Capital upped their price target on United Parcel Service from $120.00 to $128.00 and gave the company a “hold” rating in a research report on Friday, October 27th.

Several hedge funds have recently made changes to their positions in UPS. First PREMIER Bank grew its holdings in shares of United Parcel Service by 5.0% during the second quarter. First PREMIER Bank now owns 1,047 shares of the transportation company’s stock worth $116,000 after purchasing an additional 50 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of United Parcel Service during the third quarter valued at $120,000. Ullmann Financial Group Inc. acquired a new position in shares of United Parcel Service during the first quarter valued at $126,000. Winslow Evans & Crocker Inc. lifted its stake in shares of United Parcel Service by 261.3% during the second quarter. Winslow Evans & Crocker Inc. now owns 1,243 shares of the transportation company’s stock valued at $137,000 after acquiring an additional 899 shares during the period. Finally, Parkside Financial Bank & Trust lifted its stake in shares of United Parcel Service by 14.1% during the second quarter. Parkside Financial Bank & Trust now owns 1,240 shares of the transportation company’s stock valued at $137,000 after acquiring an additional 153 shares during the period. Institutional investors own 53.67% of the company’s stock.

Shares of United Parcel Service (NYSE:UPS) traded up $0.24 during midday trading on Thursday, hitting $118.40. The company had a trading volume of 2,534,769 shares, compared to its average volume of 2,723,195. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 9.33. The firm has a market capitalization of $101,837.87, a price-to-earnings ratio of 19.76, a price-to-earnings-growth ratio of 2.13 and a beta of 0.92. United Parcel Service has a twelve month low of $102.12 and a twelve month high of $125.16.

United Parcel Service (NYSE:UPS) last issued its earnings results on Thursday, October 26th. The transportation company reported $1.45 EPS for the quarter, meeting analysts’ consensus estimates of $1.45. United Parcel Service had a return on equity of 551.29% and a net margin of 5.58%. The business had revenue of $15.98 billion during the quarter, compared to analyst estimates of $15.62 billion. During the same period in the prior year, the company posted $1.44 earnings per share. United Parcel Service’s revenue was up 7.0% on a year-over-year basis. equities analysts anticipate that United Parcel Service will post 6.01 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 29th. Stockholders of record on Monday, November 13th were issued a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a dividend yield of 2.80%. The ex-dividend date of this dividend was Friday, November 10th. United Parcel Service’s payout ratio is presently 81.37%.

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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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