United Parcel Service, Inc. (NYSE:UPS) was the recipient of some unusual options trading on Wednesday. Stock investors purchased 8,546 put options on the stock. This represents an increase of approximately 417% compared to the typical daily volume of 1,652 put options.

Shares of United Parcel Service (NYSE:UPS) opened at 117.70 on Monday. The stock has a market cap of $101.92 billion, a price-to-earnings ratio of 28.94 and a beta of 0.90. The stock’s 50 day moving average price is $116.45 and its 200 day moving average price is $110.33. United Parcel Service has a 52 week low of $102.12 and a 52 week high of $120.80.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Thursday, July 27th. The transportation company reported $1.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.46 by $0.12. The business had revenue of $15.75 billion during the quarter, compared to analysts’ expectations of $15.49 billion. United Parcel Service had a net margin of 5.68% and a return on equity of 417.18%. The business’s revenue was up 7.7% on a year-over-year basis. During the same period last year, the firm posted $1.43 earnings per share. Equities research analysts anticipate that United Parcel Service will post $6.01 EPS for the current fiscal year.

In related news, insider James J. Barber sold 3,556 shares of the business’s stock in a transaction dated Monday, July 31st. The stock was sold at an average price of $110.85, for a total value of $394,182.60. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Alan Gershenhorn sold 17,699 shares of the business’s stock in a transaction dated Tuesday, August 22nd. The shares were sold at an average price of $114.10, for a total value of $2,019,455.90. The disclosure for this sale can be found here. Insiders own 0.59% of the company’s stock.

Several institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in shares of United Parcel Service by 2.7% in the second quarter. Vanguard Group Inc. now owns 48,402,968 shares of the transportation company’s stock valued at $5,352,884,000 after acquiring an additional 1,262,293 shares in the last quarter. BlackRock Inc. boosted its holdings in shares of United Parcel Service by 2,550.9% in the first quarter. BlackRock Inc. now owns 45,051,373 shares of the transportation company’s stock valued at $4,834,013,000 after acquiring an additional 43,351,873 shares in the last quarter. Wellington Management Group LLP boosted its holdings in shares of United Parcel Service by 4.0% in the first quarter. Wellington Management Group LLP now owns 29,387,614 shares of the transportation company’s stock valued at $3,153,291,000 after acquiring an additional 1,117,802 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in shares of United Parcel Service by 5.4% in the first quarter. Massachusetts Financial Services Co. MA now owns 24,295,470 shares of the transportation company’s stock valued at $2,606,905,000 after acquiring an additional 1,246,981 shares in the last quarter. Finally, FMR LLC boosted its holdings in shares of United Parcel Service by 0.5% in the second quarter. FMR LLC now owns 14,357,475 shares of the transportation company’s stock valued at $1,587,793,000 after acquiring an additional 71,666 shares in the last quarter. Institutional investors and hedge funds own 52.86% of the company’s stock.

Several equities analysts recently issued reports on UPS shares. BidaskClub upgraded United Parcel Service from a “sell” rating to a “hold” rating in a research report on Tuesday, June 20th. Sanford C. Bernstein restated an “outperform” rating and issued a $127.00 price target on shares of United Parcel Service in a research report on Monday, July 3rd. Zacks Investment Research cut United Parcel Service from a “buy” rating to a “hold” rating in a research report on Tuesday, July 4th. Cowen and Company restated a “hold” rating on shares of United Parcel Service in a research report on Wednesday, July 19th. Finally, TheStreet upgraded United Parcel Service from a “c” rating to a “b” rating in a research report on Thursday, July 27th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and six have given a buy rating to the company’s stock. United Parcel Service presently has a consensus rating of “Hold” and a consensus target price of $117.00.

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United Parcel Service Company Profile

United Parcel Service, Inc (UPS) is a package delivery company. The Company is a provider of global supply chain management solutions. The Company operates through three segments: U.S. Domestic Package operations, International Package operations, and Supply Chain & Freight operations. As of December 31, 2016, the Company delivered packages in over 220 countries and territories.

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