United Parcel Service (NYSE:UPS) Shares Down 0.9%

Category: Finance

United Parcel Service's share price fell 0.9% to $143.52, with trading volume down 85% from average levels. Analysts have mixed ratings, with a consensus 'Hold' and an average price target of $164.55. The company reported earnings of $1.43 per share, exceeding estimates, but revenue declined 5.3% year-over-year. UPS announced a quarterly dividend of $1.63 per share, yielding 4.49%. Hedge funds have increased their stakes significantly in the company.

Keywords: United Parcel Service, UPS, stock market

Source: Defense World

Update At: 7/23/2024

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