Major Move Is Coming For United Parcel Service, Inc. After Bullish Options Activity

 Major Move Is Coming For United Parcel Service, Inc. After Bullish Options Activity

In today’s session United Parcel Service, Inc. (UPS) registered an unusually high (566) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the June, 2017 call, expecting serious UPS increase. With 566 contracts traded and 18464 open interest for the Jun, 17 contract, it seems this is a quite bullish bet. The option with symbol: UPS170616C00120000 closed last at: $3.3 or 13.8% up. About 310,816 shares traded hands. United Parcel Service, Inc. (NYSE:UPS) has risen 10.49% since April 28, 2016 and is uptrending. It has outperformed by 4.57% 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 $1.46 billion for 17.30 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.

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

Out of 11 analysts covering United Parcel Service (NYSE:UPS), 5 rate it a “Buy”, 1 “Sell”, while 5 “Hold”. This means 45% are positive. $125 is the highest target while $88 is the lowest. The $110.62 average target is -4.86% below today’s ($116.27) stock price. United Parcel Service has been the topic of 18 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The rating was maintained by Oppenheimer with “Outperform” on Wednesday, February 3. The rating was maintained by S&P Research with “Buy” on Tuesday, September 22. Zacks upgraded the stock to “Hold” rating in Tuesday, September 1 report. The firm earned “Neutral” rating on Wednesday, October 28 by Macquarie Research. The company was maintained on Friday, April 29 by Cowen & Co. The firm has “Hold” rating given on Wednesday, November 2 by Deutsche Bank. As per Tuesday, August 25, the company rating was upgraded by Zacks. Morgan Stanley reinitiated United Parcel Service, Inc. (NYSE:UPS) rating on Tuesday, February 23. Morgan Stanley has “Underweight” rating and $88 price target. Zacks upgraded United Parcel Service, Inc. (NYSE:UPS) rating on Thursday, September 17. Zacks has “Buy” rating and $112 price target. Zacks downgraded the stock to “Buy” rating in Friday, August 14 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 1.05 in Q2 2016. Its down 0.04, from 1.09 in 2016Q1. The ratio dropped, 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.
Woodmont Counsel Lc last reported 11,371 shares in the company. Boyar Asset Mgmt Incorporated has 25,267 shares for 2.16% of their US portfolio. Moreover, Pacad Invest Ltd has 0.06% invested in United Parcel Service, Inc. (NYSE:UPS) for 3,900 shares. Convergence Prtn Ltd Co reported 9,149 shares or 0.14% of all its holdings. Veritas Investment (Uk) Limited has 0.73% invested in the company for 14,640 shares. First Foundation Advsr last reported 307,233 shares in the company. Royal Bancorporation Of Canada accumulated 0.19% or 2.82 million shares. American Intl holds 0% or 297,009 shares in its portfolio. L & S Advisors accumulated 2,050 shares or 0.05% of the stock. Cibc Asset Mgmt accumulated 0.09% or 108,613 shares. Friess Associates Limited Liability Company holds 0.01% of its portfolio in United Parcel Service, Inc. (NYSE:UPS) for 940 shares. Aberdeen Asset Management Public Limited Company Uk last reported 196,033 shares in the company. Princeton Strategies Group Lc accumulated 0.47% or 13,414 shares. Utah Retirement System owns 126,639 shares or 0.36% of their US portfolio. Moreover, Baker Avenue Asset Limited Partnership has 0.28% invested in United Parcel Service, Inc. (NYSE:UPS) for 17,185 shares.

Insider Transactions: Since August 12, 2016, the stock had 0 insider buys, and 1 sale for $249,004 net activity. Barber James J. had sold 2,268 shares worth $249,004 on Friday, August 12.

United Parcel Service, Inc. is a package delivery company. The company has a market cap of $101.15 billion. The Firm is a well-known provider of global supply chain management solutions. It has a 20.75 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 recent United Parcel Service, Inc. (NYSE:UPS) news were published by: Forbes.com which released: “Ex-Dividend Reminder: W.W. Grainger, United Parcel Service and Woodward” on November 07, 2016. Also Fool.com published the news titled: “What Happens to United Parcel Service and FedEx Corp. Under Donald Trump?” on November 25, 2016. Investorplace.com‘s news article titled: “Trade of the Day: United Parcel Service, Inc. (UPS) Stock Will Deliver” with publication date: November 21, 2016 was also an interesting one.

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