How Analysts Feel About United Parcel Service, Inc. After Today’s Bearish Options Activity?

 How Analysts Feel About United Parcel Service, Inc. After Today's Bearish Options Activity?

In today’s session United Parcel Service, Inc. (UPS) recorded an unusually high (1,311) 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 1,311 contracts traded and 1014 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: UPS161118P00104000 closed last at: $1.13 or 54.8% up. About 1.09M shares traded hands. United Parcel Service, Inc. (NYSE:UPS) has risen 2.91% since April 5, 2016 and is uptrending. It has outperformed by 0.95% the S&P500.

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

Out of 10 analysts covering United Parcel Service (NYSE:UPS), 4 rate it a “Buy”, 1 “Sell”, while 5 “Hold”. This means 40% are positive. $125 is the highest target while $88 is the lowest. The $109.42 average target is -0.85% below today’s ($110.36) stock price. United Parcel Service has been the topic of 17 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The firm earned “Neutral” rating on Wednesday, October 28 by Macquarie Research. The firm has “Hold” rating given on Tuesday, September 1 by Zacks. Zacks upgraded United Parcel Service, Inc. (NYSE:UPS) rating on Tuesday, August 25. Zacks has “Hold” rating and $107 price target. The stock of United Parcel Service, Inc. (NYSE:UPS) has “Buy” rating given on Thursday, September 17 by Zacks. Argus Research maintained it with “Buy” rating and $125 target price in Tuesday, August 2 report. The firm has “Outperform” rating given on Wednesday, February 3 by Oppenheimer. The rating was maintained by S&P Research on Tuesday, September 22 with “Buy”. The stock of United Parcel Service, Inc. (NYSE:UPS) has “Buy” rating given on Wednesday, July 29 by S&P Research. The rating was initiated by Deutsche Bank on Wednesday, November 2 with “Hold”. The firm has “Underweight” rating by Morgan Stanley given on Tuesday, February 23.

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 2016 Q2. Its down 0.04, from 1.13 in 2016Q1. The ratio dived, 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.
The California-based Shelton Management has invested 0.59% in United Parcel Service, Inc. (NYSE:UPS). Pioneer Invest Management Incorporated accumulated 1.09% or 2.78 million shares. Moreover, Advisors Asset has 0.12% invested in United Parcel Service, Inc. (NYSE:UPS) for 70,248 shares. Richard Bernstein Lc accumulated 50,721 shares or 0.52% of the stock. The Arkansas-based Horrell Mngmt has invested 1.77% in United Parcel Service, Inc. (NYSE:UPS). Atlas Browninc holds 0.1% or 2,274 shares in its portfolio. Oregon Employees Retirement Fund last reported 0.27% of its portfolio in the stock. Moreover, Brave Asset Management has 0.02% invested in United Parcel Service, Inc. (NYSE:UPS) for 300 shares. The Tennessee-based Lee Danner Bass has invested 0.7% in United Parcel Service, Inc. (NYSE:UPS). Evergreen Cap Mngmt Ltd Llc holds 35,379 shares or 0.83% of its portfolio. Levin Cap Strategies Limited Partnership last reported 0.05% of its portfolio in the stock. Manning And Napier Advisors has 0.09% invested in the company for 131,113 shares. The Australia-based Macquarie Group Inc has invested 0.07% in United Parcel Service, Inc. (NYSE:UPS). Massmutual Fsb Adv, a Connecticut-based fund reported 30,966 shares. Benin Mngmt has invested 2.15% of its portfolio in United Parcel Service, Inc. (NYSE:UPS).

Insider Transactions: Since May 25, 2016, the stock had 0 insider purchases, and 2 selling transactions for $1.45 million net activity. 2,268 shares were sold by Barber James J., worth $249,004. Another trade for 11,712 shares valued at $1.20M was made by BARNES DAVID A on Wednesday, May 25.

United Parcel Service, Inc. is a package delivery company. The company has a market cap of $98.88 billion. The Firm is a well-known provider of global supply chain management solutions. It has a 19.7 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 important recent United Parcel Service, Inc. (NYSE:UPS) news were published by: Investorplace.com which released: “United Parcel Service, Inc. (UPS) Stock Is a Top Breakout Candidate” on November 08, 2016, also Forbes.com published article titled: “Ex-Dividend Reminder: W.W. Grainger, United Parcel Service and Woodward”, Fool.com published: “United Parcel Service, Inc. Grows Profits, but Margin Declines” on October 28, 2016. More interesting news about United Parcel Service, Inc. (NYSE:UPS) was released by: Bizjournals.com and their article: “UPS expects record shipments; buys 14 new aircraft” with publication date: October 27, 2016.

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