Large Outflow of Money Witnessed in United Parcel Service

United Parcel Service (NYSE:UPS) managed to eke out gains of 0.04% in intraday trade. The share price increased by 0.04 points to $104.56. Till last observation, the net money flow was recorded at a negative $(-8.86) million. The total inflow of $10.95 million in upticks was completely overshadowed by an outflow of $19.81 million in downticks, giving the up/down ratio a value of 0.55. The shares have seen a change of 1.4% in the past week.A block trade occurred in the company shares in which the composite value of the upticks was $0 million and the composite value in downticks was $7.16 million. The resultant up/down ratio for the block exchange was 0. The block trade had a negative money flow of $(-7.16) million.


Currently the company Insiders own 0.72% of United Parcel Service shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -7.21% . Institutional Investors own 54.96% of United Parcel Service shares. During last six month period, the net percent change held by insiders has seen a change of -10.71%. On the companys insider trading activities, Barnes David A, officer (Senior Vice President) of United Parcel Service Inc, unloaded 11,712 shares at an average price of $102.47 on May 25, 2016. The total amount of the transaction was worth $1,200,129, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

United Parcel Service (NYSE:UPS) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.88 points or 0.84% at $103.64 with 2,593,654 shares getting traded. Post opening the session at $104.45, the shares hit an intraday low of $103.61 and an intraday high of $104.74 and the price was in this range throughout the day. The company has a market cap of $91,480 million and the number of outstanding shares have been calculated to be 882,669,120 shares. The 52-week high of United Parcel Service (NYSE:UPS) is $107.32 and the 52-week low is $87.3.

Many analysts have stated their opinion on the company shares. In a research note released to the investors, Citigroup maintains its rating on United Parcel Service (NYSE:UPS).The analysts at the brokerage house have a current rating of Neutral on the shares. In a recent information released to the investors, Citigroup raises the new price target from $102 per share to $109 per share. The rating by the firm was issued on April 29, 2016.

United Parcel Service, Inc. is a package delivery company. The Company is a provider of global supply chain management solutions. It delivers packages in over 220 countries and territories. It also provides control and visibility of customers inventories and supply chains via its UPS technology platform. The Company offers transportation, distribution, forwarding, ground freight, ocean freight, air freight, brokerage and financing services. It operates in three segments: U.S. Domestic Package, International Package and Supply Chain & Freight. Its WorldShip is a desktop shipping application that provides middle market and large customers 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. UPS marketplace shipping allows marketplace sellers to ship their orders via or WorldShip.

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