Oak Hill Wealth Advisors LLC Takes Position in United Parcel Service, Inc. (NYSE:UPS)

Oak Hill Wealth Advisors LLC acquired a new stake in United Parcel Service, Inc. (NYSE:UPS) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 1,912 shares of the transportation company’s stock, valued at approximately $241,000.

Several other hedge funds also recently modified their holdings of the stock. AMG National Trust Bank increased its stake in shares of United Parcel Service by 2.0% in the 4th quarter. AMG National Trust Bank now owns 7,891 shares of the transportation company’s stock valued at $994,000 after acquiring an additional 155 shares in the last quarter. Mesirow Financial Investment Management Inc. increased its stake in shares of United Parcel Service by 97.2% in the 4th quarter. Mesirow Financial Investment Management Inc. now owns 25,736 shares of the transportation company’s stock valued at $3,246,000 after acquiring an additional 12,683 shares in the last quarter. Haven Private LLC bought a new stake in shares of United Parcel Service in the 4th quarter valued at $232,000. Andra AP fonden increased its stake in shares of United Parcel Service by 17.8% in the 4th quarter. Andra AP fonden now owns 192,183 shares of the transportation company’s stock valued at $24,234,000 after acquiring an additional 29,000 shares in the last quarter. Finally, Edgestream Partners L.P. increased its stake in shares of United Parcel Service by 42.9% in the 4th quarter. Edgestream Partners L.P. now owns 26,626 shares of the transportation company’s stock valued at $3,358,000 after acquiring an additional 7,988 shares in the last quarter. Institutional investors own 60.26% of the company’s stock.

United Parcel Service Price Performance

Shares of NYSE:UPS opened at $121.59 on Friday. The company’s 50-day moving average is $121.73 and its 200 day moving average is $127.78. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.14 and a current ratio of 1.17. The company has a market capitalization of $103.85 billion, a P/E ratio of 17.99, a price-to-earnings-growth ratio of 1.55 and a beta of 0.98. United Parcel Service, Inc. has a fifty-two week low of $109.40 and a fifty-two week high of $158.95.

United Parcel Service (NYSE:UPS) last issued its quarterly 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 period in the prior year, the company posted $2.47 EPS. On average, equities research analysts forecast that United Parcel Service, Inc. will post 7.95 earnings per share for the current year.

United Parcel Service Increases Dividend

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

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. BMO Capital Markets upgraded shares of United Parcel Service from a “market perform” rating to an “outperform” rating and lowered their price objective for the company from $155.00 to $150.00 in a research note on Tuesday, December 10th. Baird R W lowered shares of United Parcel Service from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 31st. Loop Capital decreased their price target on shares of United Parcel Service from $120.00 to $115.00 and set a “hold” rating for the company in a research note on Monday, February 3rd. Robert W. Baird lowered shares of United Parcel Service from an “outperform” rating to a “neutral” rating and decreased their price target for the company from $160.00 to $130.00 in a research note on Friday, January 31st. Finally, Morgan Stanley decreased their price target on shares of United Parcel Service from $100.00 to $82.00 and set an “underweight” rating for the company in a research note on Friday, January 31st. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $138.00.

United Parcel Service Company 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.