This morning we watched United Parcel Service rise 1.6% to a price of $129.47 per share. The Large-Cap Integrated Freight & Logistics company is now trading -12.82% below its average target price of $148.52. Analysts have set target prices ranging from $100.0 to $179.0 per share for United Parcel Service, and have given the stock an average rating of buy.
United Parcel Service's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.6%. The stock's short ratio is 2.45. At 0.02%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation.
Another number to watch is the company's rate of institutional share ownership, which now stands at 72.3%. In conclusion, we believe there is mixed market sentiment regarding United Parcel Service.
Institutions Invested in United Parcel Service
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-09-30 | Vanguard Group Inc | 9% | 64,765,689 | $8,385,537,978 |
| 2024-09-30 | Blackrock Inc. | 7% | 53,633,208 | $6,944,159,933 |
| 2024-09-30 | State Street Corporation | 4% | 29,597,425 | $3,832,126,782 |
| 2024-09-30 | JP Morgan Chase & Company | 3% | 23,879,312 | $3,091,774,066 |
| 2024-09-30 | Charles Schwab Investment Management, Inc. | 3% | 21,927,607 | $2,839,077,050 |
| 2024-09-30 | Wellington Management Group, LLP | 2% | 16,251,840 | $2,104,207,083 |
| 2024-09-30 | Geode Capital Management, LLC | 2% | 15,289,624 | $1,979,624,160 |
| 2024-09-30 | Bank of America Corporation | 2% | 11,045,726 | $1,430,145,441 |
| 2024-09-30 | FMR, LLC | 1% | 10,627,550 | $1,376,002,101 |
| 2024-09-30 | Franklin Resources, Inc. | 1% | 9,495,457 | $1,229,424,353 |
