Shares of United Parcel Service, Inc. (NYSE:UPS) have been given an average recommendation of “Hold” by the twenty-two ratings firms that are currently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating, seven have given a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $122.37.
A number of research analysts have commented on UPS shares. Zacks Investment Research lowered United Parcel Service from a “hold” rating to a “sell” rating in a research report on Monday, December 31st. Standpoint Research assumed coverage on United Parcel Service in a research report on Wednesday, December 26th. They issued a “buy” rating and a $89.89 price objective on the stock. Morgan Stanley reduced their price target on United Parcel Service from $92.00 to $87.00 and set a “sell” rating on the stock in a research report on Tuesday, December 4th. Goldman Sachs Group set a $147.00 price target on United Parcel Service and gave the stock a “buy” rating in a research report on Tuesday, October 30th. Finally, KeyCorp assumed coverage on United Parcel Service in a research report on Thursday, September 27th. They issued a “sector weight” rating on the stock. They noted that the move was a valuation call.
Shares of UPS traded up $2.02 during mid-day trading on Friday, reaching $101.60. The company had a trading volume of 4,227,330 shares, compared to its average volume of 3,828,925. The stock has a market cap of $83.34 billion, a PE ratio of 16.91, a PEG ratio of 1.36 and a beta of 1.22. United Parcel Service has a twelve month low of $89.89 and a twelve month high of $134.02. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 6.43.
Institutional investors have recently modified their holdings of the stock. Gemmer Asset Management LLC raised its stake in United Parcel Service by 30.3% during the 4th quarter. Gemmer Asset Management LLC now owns 499 shares of the transportation company’s stock worth $49,000 after buying an additional 116 shares during the period. Capital Guardian Trust Co. acquired a new stake in United Parcel Service during the 3rd quarter worth $109,000. Moneta Group Investment Advisors LLC raised its stake in United Parcel Service by 118.8% during the 2nd quarter. Moneta Group Investment Advisors LLC now owns 1,105 shares of the transportation company’s stock worth $117,000 after buying an additional 600 shares during the period. Psagot Investment House Ltd. acquired a new stake in United Parcel Service during the 3rd quarter worth $121,000. Finally, Bell Rock Capital LLC acquired a new stake in United Parcel Service during the 3rd quarter worth $127,000. 54.02% of the stock is currently owned by institutional investors and hedge funds.
United Parcel Service Company Profile
United Parcel Service, Inc provides letter and package delivery, specialized transportation, logistics, and financial services. It operates through three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. The U.S. Domestic Package segment offers time-definite delivery of letters, documents, small packages, and palletized freight through air and ground services in the United States.
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