United Parcel Service (NYSE:UPS) Trading Down 0% – Should You Sell?

United Parcel Service, Inc. (NYSE:UPS)’s share price dropped 0% on Wednesday . The stock traded as low as $111.01 and last traded at $111.76. Approximately 1,591,716 shares traded hands during mid-day trading, a decline of 77% from the average daily volume of 6,923,023 shares. The stock had previously closed at $111.77.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on UPS shares. StockNews.com upgraded shares of United Parcel Service from a “hold” rating to a “buy” rating in a report on Wednesday, November 6th. Baird R W lowered shares of United Parcel Service from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 31st. Robert W. Baird cut United Parcel Service from an “outperform” rating to a “neutral” rating and lowered their target price for the company from $160.00 to $130.00 in a research note on Friday, January 31st. Bank of America decreased their price objective on United Parcel Service from $150.00 to $133.00 and set a “buy” rating for the company in a report on Friday, January 31st. Finally, Susquehanna reduced their target price on shares of United Parcel Service from $140.00 to $130.00 and set a “neutral” rating on the stock in a research report on Friday, January 31st. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, United Parcel Service currently has a consensus rating of “Moderate Buy” and a consensus target price of $140.73.

United Parcel Service Price Performance

The company has a debt-to-equity ratio of 1.16, a current ratio of 1.17 and a quick ratio of 1.14. The company has a market capitalization of $95.77 billion, a P/E ratio of 16.60, a price-to-earnings-growth ratio of 1.63 and a beta of 0.98. The firm’s 50-day moving average is $127.32 and its 200-day moving average is $129.69.

United Parcel Service (NYSE:UPS) last released its quarterly earnings results on Thursday, January 30th. The transportation company reported $2.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.52 by $0.23. United Parcel Service had a return on equity of 39.13% and a net margin of 6.35%. During the same quarter last year, the firm earned $2.47 earnings per share. Analysts predict that United Parcel Service, Inc. will post 8.61 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Norman M. Brothers, Jr. sold 7,325 shares of United Parcel Service stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $138.57, for a total transaction of $1,015,025.25. Following the completion of the transaction, the insider now directly owns 45,098 shares of the company’s stock, valued at approximately $6,249,229.86. The trade was a 13.97 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.13% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On United Parcel Service

A number of hedge funds and other institutional investors have recently made changes to their positions in UPS. SVB Wealth LLC purchased a new position in United Parcel Service during the fourth quarter valued at approximately $1,950,000. Tufton Capital Management boosted its position in United Parcel Service by 7.3% during the fourth quarter. Tufton Capital Management now owns 58,851 shares of the transportation company’s stock valued at $7,421,000 after purchasing an additional 4,014 shares in the last quarter. Fortress Financial Group LLC purchased a new position in United Parcel Service in the fourth quarter valued at about $633,000. Argyle Capital Management LLC raised its holdings in United Parcel Service by 11.4% in the fourth quarter. Argyle Capital Management LLC now owns 26,428 shares of the transportation company’s stock worth $3,333,000 after purchasing an additional 2,695 shares in the last quarter. Finally, Fort Sheridan Advisors LLC purchased a new stake in shares of United Parcel Service during the fourth quarter valued at about $206,000. Institutional investors own 60.26% of the company’s stock.

United Parcel Service Company Profile

United Parcel Service, Inc, a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States.