Could United Parcel Service, Inc. Gain Strenght? Option Traders Don’t Think So

 Could United Parcel Service, Inc. Gain Strenght? Option Traders Don't Think So

In today’s session United Parcel Service, Inc. (UPS) recorded an unusually high (323) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious UPS decrease. With 323 contracts traded and 16854 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: UPS161118P00105000 closed last at: $1.42 or 7.6% up. About 1.19 million shares traded hands. United Parcel Service, Inc. (NYSE:UPS) has risen 7.04% since March 14, 2016 and is uptrending. It has outperformed by 1.43% 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 $1.26 billion for 18.88 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. The stock of United Parcel Service, Inc. (NYSE:UPS) has “Buy” rating given on Tuesday, August 2 by Argus Research. The firm has “Market Perform” rating given on Friday, April 29 by Cowen & Co. The rating was downgraded by Zacks on Friday, August 14 to “Buy”. The firm earned “Hold” rating on Tuesday, August 25 by Zacks. On Wednesday, February 3 the stock rating was maintained by Oppenheimer with “Outperform”. S&P Research maintained the stock with “Buy” rating in Wednesday, July 29 report. Zacks upgraded United Parcel Service, Inc. (NYSE:UPS) on Thursday, September 17 to “Buy” rating. The company was maintained on Tuesday, September 22 by S&P Research. The firm has “Neutral” rating given on Friday, April 29 by Citigroup. On Wednesday, October 28 the stock rating was maintained by Macquarie Research with “Neutral”.

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 is 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.
Ifc Hldg Fl has invested 0.05% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Concorde Asset Mngmt Ltd owns 2,878 shares or 0.31% of their US portfolio. Qs Ltd reported 13,101 shares or 0.01% of all its holdings. Tnb Finance holds 0.28% or 9,736 shares in its portfolio. Utah Retirement Systems holds 0.36% or 126,639 shares in its portfolio. Brookstone Mgmt holds 4,022 shares or 0.06% of its portfolio. Butensky And Cohen Fin Security, a Florida-based fund reported 32 shares. Pacific Investment accumulated 16,423 shares or 0.41% of the stock. Axa reported 417,036 shares or 0.2% of all its holdings. Regions Finance Corporation holds 0.03% or 23,046 shares in its portfolio. Lansdowne Prtnrs (Uk) Llp reported 55,592 shares or 0.06% of all its holdings. Suntrust Banks Inc accumulated 278,322 shares or 0.18% of the stock. The California-based Ar Asset Management Inc has invested 0.23% in United Parcel Service, Inc. (NYSE:UPS). Profit Invest Mgmt Llc has invested 0.52% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Eastern State Bank holds 0.23% or 26,443 shares in its portfolio.

Insider Transactions: Since May 25, 2016, the stock had 0 buys, and 2 selling transactions for $1.45 million net activity. Shares for $1.20 million were sold by BARNES DAVID A. 2,268 United Parcel Service, Inc. (NYSE:UPS) shares with value of $249,004 were sold by Barber James J..

United Parcel Service, Inc. is a package delivery company. The company has a market cap of $94.92 billion. The Firm is a well-known provider of global supply chain management solutions. It has a 19.42 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 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 news for United Parcel Service, Inc. (NYSE:UPS) were recently published by: Fool.com, which released: “Why United Parcel Service and FedEx Corporation Are Hiking Prices” on October 01, 2016. Bizjournals.com‘s article titled: “Top UPS execs get more stock incentives, 10 percent raises” and published on September 18, 2016 is yet another important article.

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