United Parcel Service’s (UPS) “Hold” Rating Reiterated at Robert W. Baird

Robert W. Baird restated their hold rating on shares of United Parcel Service (NYSE:UPS) in a research report released on Tuesday. Robert W. Baird currently has a $130.00 price objective on the transportation company’s stock.

Several other research firms have also weighed in on UPS. Knight Equity reissued a buy rating and set a $135.00 price objective (down previously from $145.00) on shares of United Parcel Service in a research note on Monday, January 8th. Deutsche Bank reissued a buy rating and set a $145.00 price objective (up previously from $135.00) on shares of United Parcel Service in a research note on Monday, January 8th. UBS Group lifted their price objective on shares of United Parcel Service from $117.00 to $126.00 and gave the stock a neutral rating in a research note on Friday, October 27th. Cowen lifted their price objective on shares of United Parcel Service from $115.00 to $124.00 and gave the stock a market perform rating in a research note on Monday, October 23rd. Finally, Loop Capital lifted their price objective on shares of United Parcel Service from $120.00 to $128.00 and gave the stock a hold rating in a research note on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and eight have issued a buy rating to the stock. United Parcel Service has an average rating of Hold and a consensus target price of $123.09.

United Parcel Service (NYSE UPS) traded up $0.63 during trading on Tuesday, reaching $134.09. 4,212,305 shares of the company traded hands, compared to its average volume of 2,942,051. United Parcel Service has a twelve month low of $102.12 and a twelve month high of $134.33. The company has a market cap of $115,006.49, a price-to-earnings ratio of 32.87, a price-to-earnings-growth ratio of 2.17 and a beta of 0.92. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 9.33.

United Parcel Service (NYSE:UPS) last released its quarterly earnings data on Thursday, October 26th. The transportation company reported $1.45 earnings per share for the quarter, hitting the consensus estimate of $1.45. United Parcel Service had a net margin of 5.58% and a return on equity of 551.29%. The business had revenue of $15.98 billion for the quarter, compared to analyst estimates of $15.62 billion. During the same quarter last year, the firm earned $1.44 EPS. United Parcel Service’s quarterly revenue was up 7.0% compared to the same quarter last year. research analysts anticipate that United Parcel Service will post 6 EPS for the current fiscal year.

Institutional investors and hedge funds have recently made changes to their positions in the business. Harel Insurance Investments & Financial Services Ltd. bought a new stake in shares of United Parcel Service in the third quarter worth $120,000. First PREMIER Bank lifted its position in shares of United Parcel Service by 5.0% in 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 in the last quarter. Parkside Financial Bank & Trust lifted its position in shares of United Parcel Service by 14.1% in the second quarter. Parkside Financial Bank & Trust now owns 1,240 shares of the transportation company’s stock worth $137,000 after purchasing an additional 153 shares in the last quarter. Winslow Evans & Crocker Inc. lifted its position in shares of United Parcel Service by 261.3% in the second quarter. Winslow Evans & Crocker Inc. now owns 1,243 shares of the transportation company’s stock worth $137,000 after purchasing an additional 899 shares in the last quarter. Finally, Security National Trust Co. lifted its position in shares of United Parcel Service by 3.9% in the second quarter. Security National Trust Co. now owns 1,292 shares of the transportation company’s stock worth $143,000 after purchasing an additional 48 shares in the last quarter. 53.49% of the stock is currently owned by hedge funds and other institutional investors.

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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.

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