UBS Group downgraded shares of DHL Group (OTCMKTS:DHLGY – Free Report) from a hold rating to a strong sell rating in a research report report published on Tuesday morning,Zacks.com reports.
Separately, Hsbc Global Res upgraded shares of DHL Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 2nd.
Check Out Our Latest Stock Analysis on DHLGY
DHL Group Stock Up 1.3%
DHL Group (OTCMKTS:DHLGY – Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.70 by $0.02. The firm had revenue of $21.89 billion for the quarter, compared to analyst estimates of $20.74 billion. DHL Group had a return on equity of 14.42% and a net margin of 3.98%. As a group, sell-side analysts anticipate that DHL Group will post 3.01 earnings per share for the current fiscal year.
DHL Group Cuts Dividend
The business also recently disclosed a dividend, which was paid on Tuesday, May 13th. Investors of record on Wednesday, May 7th were issued a $1.3899 dividend. The ex-dividend date was Tuesday, May 6th. This represents a yield of 3.25%. DHL Group’s payout ratio is 46.95%.
DHL Group Company Profile
Deutsche Post AG operates as a mail and logistics company in Germany, rest of Europe, the Americas, the Asia Pacific, the Middle East, and Africa. The company operates through five segments: Express; Global Forwarding, Freight; Supply Chain; eCommerce Solutions; and Post & Parcel Germany. The Express segment offers time-definite courier and express services to business and private customers.
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