November 24, 2016 - By Louis Casey · 0 Comments
United Parcel Service Inc (NYSE:UPS) institutional sentiment decreased to 1.05 in Q2 2016. Its down -0.04, from 1.09 in 2016Q1. The ratio has worsened, as 513 investment professionals increased and started new positions, while 472 cut down and sold stock positions in United Parcel Service Inc. The investment professionals in our partner’s database reported: 457.99 million shares, down from 483.01 million shares in 2016Q1. Also, the number of investment professionals holding United Parcel Service Inc in their top 10 positions was flat from 49 to 49 for the same number . Sold All: 66 Reduced: 406 Increased: 424 New Position: 89.
United Parcel Service, Inc. is a package delivery company. The company has a market cap of $101.81 billion. The Firm is a well-known provider of global supply chain management solutions. It has a 20.65 P/E ratio. It delivers packages each business day in over 220 countries and territories.
The stock increased 0.90% or $1.03 on November 23, hitting $115.68. About 1.86M shares traded hands. United Parcel Service, Inc. (NYSE:UPS) has risen 9.63% since April 22, 2016 and is uptrending. It has outperformed by 4.22% the S&P500.
Analysts await United Parcel Service, Inc. (NYSE:UPS) to report earnings on February, 7. They expect $1.68 EPS, up 7.01% or $0.11 from last year’s $1.57 per share. UPS’s profit will be $1.48B for 17.21 P/E if the $1.68 EPS becomes a reality. After $1.44 actual EPS reported by United Parcel Service, Inc. for the previous quarter, Wall Street now forecasts 16.67% EPS growth.
According to Zacks Investment Research, “United Parcel Service, Inc. is the world’s largest express carrier, the world’s largest package delivery company and a leading global provider of specialized transportation and logistics services. Their primary business is the time-definite delivery of packages and documents throughout the United States and in over 200 other countries and territories. They have established a vast and reliable global transportation infrastructure, developed a comprehensive, competitive and guaranteed portfolio of services and consistently supported these services with advanced technology.”
Manchester Capital Management Llc holds 39.71% of its portfolio in United Parcel Service, Inc. for 2.58 million shares. Lyons Wealth Management Llc. owns 215,019 shares or 34.94% of their US portfolio. Moreover, Cfo4life L.P. has 28.11% invested in the company for 305,061 shares. The Washington-based S. R. Schill & Associates has invested 24.09% in the stock. Lynch & Associates In, a Indiana-based fund reported 154,317 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 insider purchases, and 1 sale for $249,004 net activity.
Ratings analysis reveals 45% of United Parcel Service’s analysts are positive. Out of 11 Wall Street analysts rating United Parcel Service, 5 give it “Buy”, 1 “Sell” rating, while 5 recommend “Hold”. The lowest target is $88 while the high is $125. The stock’s average target of $110.62 is -4.37% below today’s ($115.68) share price. UPS was included in 18 notes of analysts from July 29, 2015. Morgan Stanley reinitiated the shares of UPS in a report on Tuesday, February 23 with “Underweight” rating. On Wednesday, November 2 the stock rating was initiated by Deutsche Bank with “Hold”. The rating was maintained by Oppenheimer on Wednesday, February 3 with “Outperform”. The firm has “Hold” rating by Zacks given on Tuesday, September 1. Zacks upgraded the shares of UPS in a report on Tuesday, August 25 to “Hold” rating. The firm has “Buy” rating by S&P Research given on Wednesday, July 29. The firm has “Buy” rating by Zacks given on Friday, August 14. The rating was maintained by Citigroup with “Neutral” on Friday, April 29. The stock has “Buy” rating given by S&P Research on Tuesday, September 22. The stock of United Parcel Service, Inc. (NYSE:UPS) earned “Buy” rating by Zacks on Thursday, September 17.
United Parcel Service, Inc. (UPS), incorporated on July 15, 1999, is a package delivery company. The Firm is a well-known provider of global supply chain management solutions. It delivers packages each business day in over 220 countries and territories. The Firm operates in three divisions: U.S. Domestic Package, International Package, and Supply Chain & Freight. WorldShip, a desktop shipping application of UPS, provides middle market and large clients with shipping capabilities. Customers can create custom labels, set up shipment alerts, create and upload customs documentation, track and export shipments, create reports and integrate with their enterprise resource planning and accounting systems to streamline shipping with real-time connectivity. UPS marketplace shipping, which integrates www.ups.com with eBay and Amazon, allows marketplace sellers to ship their orders via www.ups.com or WorldShip. UPS marketplace shipping provides shipment processing; multiple payment options, including PayPal; order and shipment history, and automatic tracking updates. It also provides customizable supply chain control and visibility. The Firm serves the global market for logistics services, which include transportation, distribution, forwarding, ground freight, ocean freight, air freight, brokerage and financing.
More notable recent United Parcel Service, Inc. (NYSE:UPS) news were published by: Fool.com which released: “United Parcel Service, Inc. Grows Profits, but Margin Declines” on October 28, 2016, also Bloomberg.com with their article: “UPS Drops After Announcing Multibillion-Dollar Plane Purchase” published on October 27, 2016, Forbes.com published: “Ex-Dividend Reminder: W.W. Grainger, United Parcel Service and Woodward” on November 07, 2016. More interesting news about United Parcel Service, Inc. (NYSE:UPS) were released by: Investorplace.com and their article: “UPS Strike? United Parcel Service, Inc. Aircraft Workers Vote ‘Yes'” published on November 14, 2016 as well as Investorplace.com‘s news article titled: “Trade of the Day: United Parcel Service, Inc. (NYSE:UPS)” with publication date: November 07, 2016.
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By Louis Casey