AMG National Trust Bank Has $994,000 Stock Holdings in United Parcel Service, Inc. (NYSE:UPS)

AMG National Trust Bank lifted its position in United Parcel Service, Inc. (NYSE:UPS) by 2.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,891 shares of the transportation company’s stock after acquiring an additional 155 shares during the period. AMG National Trust Bank’s holdings in United Parcel Service were worth $994,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of UPS. IFS Advisors LLC raised its position in shares of United Parcel Service by 232.3% in the 4th quarter. IFS Advisors LLC now owns 216 shares of the transportation company’s stock valued at $27,000 after acquiring an additional 151 shares during the period. True Wealth Design LLC increased its stake in United Parcel Service by 397.7% during the 3rd quarter. True Wealth Design LLC now owns 214 shares of the transportation company’s stock worth $29,000 after purchasing an additional 171 shares in the last quarter. Whipplewood Advisors LLC bought a new stake in United Parcel Service during the 4th quarter worth approximately $34,000. FSA Wealth Management LLC bought a new stake in United Parcel Service during the 3rd quarter worth approximately $36,000. Finally, Sugar Maple Asset Management LLC bought a new stake in United Parcel Service during the 4th quarter worth approximately $38,000. 60.26% of the stock is currently owned by institutional investors and hedge funds.

United Parcel Service Price Performance

Shares of UPS opened at $121.59 on Friday. The company has a market cap of $103.85 billion, a price-to-earnings ratio of 17.99, a PEG ratio of 1.55 and a beta of 0.94. United Parcel Service, Inc. has a 1-year low of $109.40 and a 1-year high of $158.95. The company’s fifty day simple moving average is $121.73 and its 200 day simple moving average is $127.77. The company has a current ratio of 1.17, a quick ratio of 1.14 and a debt-to-equity ratio of 1.16.

United Parcel Service (NYSE:UPS) last issued its earnings results on Thursday, January 30th. The transportation company reported $2.75 earnings per share for the quarter, topping analysts’ consensus estimates of $2.52 by $0.23. United Parcel Service had a net margin of 6.35% and a return on equity of 39.13%. During the same quarter in the prior year, the business earned $2.47 EPS. On average, research analysts forecast that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.

United Parcel Service Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Tuesday, February 18th were given a dividend of $1.64 per share. This represents a $6.56 dividend on an annualized basis and a yield of 5.40%. This is a boost from United Parcel Service’s previous quarterly dividend of $1.63. The ex-dividend date of this dividend was Tuesday, February 18th. United Parcel Service’s payout ratio is 97.04%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on UPS shares. Raymond James lowered their target price on United Parcel Service from $155.00 to $145.00 and set a “strong-buy” rating for the company in a research note on Friday, January 31st. JPMorgan Chase & Co. lowered their target price on United Parcel Service from $135.00 to $120.00 and set a “neutral” rating for the company in a research note on Friday, January 31st. Robert W. Baird cut United Parcel Service from an “outperform” rating to a “neutral” rating and lowered their target price for the stock from $160.00 to $130.00 in a research note on Friday, January 31st. Deutsche Bank Aktiengesellschaft assumed coverage on United Parcel Service in a research note on Friday. They set a “hold” rating and a $119.00 target price for the company. Finally, UBS Group decreased their price target on shares of United Parcel Service from $170.00 to $141.00 and set a “buy” rating for the company in a research note on Friday, January 31st. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $138.00.

United Parcel Service Profile

United Parcel Service, Inc, a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States.