Today United Parcel Service, Inc. Had High Bearish Options Activity


 Today United Parcel Service, Inc. Had High Bearish Options Activity

In today’s session United Parcel Service, Inc. (UPS) recorded an unusually high (96) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the January, 2017 put, expecting serious UPS decrease. With 96 contracts traded and 39044 open interest for the Jan, 17 contract, it seems this is a quite bearish bet. The option with symbol: UPS170120P00090000 closed last at: $0.49 or 8.9% up. About 1.44M shares traded hands. United Parcel Service, Inc. (NYSE:UPS) has risen 9.87% since March 2, 2016 and is uptrending. It has outperformed by 1.61% the S&P500.

Analysts await United Parcel Service, Inc. (NYSE:UPS) to report earnings on October, 25. They expect $1.43 earnings per share, up 2.88% or $0.04 from last year’s $1.39 per share. UPS’s profit will be $1.25B for 19.09 P/E if the $1.43 EPS becomes a reality. After $1.43 actual earnings per share reported by United Parcel Service, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

United Parcel Service, Inc. (NYSE:UPS) Ratings Coverage

Out of 9 analysts covering United Parcel Service (NYSE:UPS), 4 rate it a “Buy”, 1 “Sell”, while 4 “Hold”. This means 44% are positive. United Parcel Service has been the topic of 16 analyst reports since July 29, 2015 according to StockzIntelligence Inc. Oppenheimer maintained United Parcel Service, Inc. (NYSE:UPS) rating on Wednesday, February 3. Oppenheimer has “Outperform” rating and $109 price target. The company was maintained on Friday, April 29 by Cowen & Co. On Wednesday, July 29 the stock rating was maintained by S&P Research with “Buy”. Zacks upgraded it to “Hold” rating and $107 target price in Tuesday, August 25 report. The firm has “Buy” rating by S&P Research given on Tuesday, September 22. The company was reinitiated on Tuesday, February 23 by Morgan Stanley. On Tuesday, September 1 the stock rating was upgraded by Zacks to “Hold”. The firm has “Buy” rating given on Friday, August 14 by Zacks. Argus Research maintained the stock with “Buy” rating in Tuesday, August 2 report. Macquarie Research maintained it with “Neutral” rating and $107 target price in Wednesday, October 28 report.

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.”

Insitutional Activity: The institutional sentiment decreased to 1.09 in Q2 2016. Its down 0.04, from 1.13 in 2016Q1. The ratio turned negative, as 66 funds sold all United Parcel Service, Inc. shares owned while 406 reduced positions. 89 funds bought stakes while 424 increased positions. They now own 457.99 million shares or 5.18% less from 483.01 million shares in 2016Q1.
Springbok Mgmt Lc last reported 17,002 shares in the company. Sector Pension Investment Board accumulated 130,795 shares or 0.16% of the stock. Montag A & Associate Inc last reported 74,690 shares in the company. Tompkins has 1,001 shares for 0.03% of their US portfolio. Naples Glob Advsrs holds 0.48% or 10,863 shares in its portfolio. Wellington Shields Capital Management Ltd Limited Liability Company accumulated 3,212 shares or 0.06% of the stock. Hall Laurie J Trustee holds 0.11% or 1,550 shares in its portfolio. Schwab Charles Inv reported 2.73M shares or 0.37% of all its holdings. Wilkins Investment Counsel accumulated 2.57% or 70,450 shares. Arizona State Retirement Systems has invested 0.36% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Partnervest Advisory Svcs Limited Liability Company holds 2,750 shares or 0.15% of its portfolio. Moreover, Principal Group Inc Inc has 0.15% invested in United Parcel Service, Inc. (NYSE:UPS) for 992,153 shares. Stillwater Advisors Ltd Liability Corp has 3.25% invested in the company for 101,174 shares. Dorsey & Whitney Ltd Liability Corp accumulated 1.6% or 64,873 shares. Hightower Advisors Ltd Liability Company owns 810,554 shares or 1.1% of their US portfolio.

Insider Transactions: Since May 25, 2016, the stock had 0 insider purchases, and 2 insider sales for $1.45 million net activity. 2,268 shares were sold by Barber James J., worth $249,004. BARNES DAVID A sold $1.20M worth of United Parcel Service, Inc. (NYSE:UPS) on Wednesday, May 25.

United Parcel Service, Inc. is a package delivery company. The company has a market cap of $95.32 billion. The Firm is a well-known provider of global supply chain management solutions. It has a 19.64 P/E ratio. It delivers packages each business day in over 220 countries and territories.

UPS Company Profile

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 with eBay and Amazon, allows marketplace sellers to ship their orders via 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.

Another recent and important United Parcel Service, Inc. (NYSE:UPS) news was published by which published an article titled: “Why United Parcel Service and FedEx Corporation Are Hiking Prices” on October 01, 2016.

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