NTV Asset Management LLC Has $908,000 Holdings in United Parcel Service, Inc. (NYSE:UPS)

NTV Asset Management LLC raised its stake in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 150.5% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 8,251 shares of the transportation company's stock after purchasing an additional 4,957 shares during the period. NTV Asset Management LLC's holdings in United Parcel Service were worth $908,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Garde Capital Inc. acquired a new position in United Parcel Service during the 1st quarter valued at about $37,000. Golden State Wealth Management LLC boosted its stake in United Parcel Service by 61.3% during the 1st quarter. Golden State Wealth Management LLC now owns 1,576 shares of the transportation company's stock valued at $173,000 after purchasing an additional 599 shares during the period. CWA Asset Management Group LLC boosted its stake in United Parcel Service by 5.9% during the 1st quarter. CWA Asset Management Group LLC now owns 3,467 shares of the transportation company's stock valued at $381,000 after purchasing an additional 193 shares during the period. Advisor Resource Council acquired a new position in United Parcel Service during the 1st quarter valued at about $437,000. Finally, Clark Capital Management Group Inc. boosted its stake in United Parcel Service by 14.4% during the 4th quarter. Clark Capital Management Group Inc. now owns 11,427 shares of the transportation company's stock valued at $1,441,000 after purchasing an additional 1,440 shares during the period. Institutional investors own 60.26% of the company's stock.

United Parcel Service Price Performance

Shares of NYSE UPS traded down $0.18 during midday trading on Wednesday, reaching $102.21. The company's stock had a trading volume of 930,004 shares, compared to its average volume of 5,226,196. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.24. The company has a 50 day moving average price of $99.02 and a 200 day moving average price of $109.43. United Parcel Service, Inc. has a one year low of $90.55 and a one year high of $148.15. The company has a market cap of $86.55 billion, a price-to-earnings ratio of 14.90, a price-to-earnings-growth ratio of 1.95 and a beta of 1.21.

United Parcel Service (NYSE:UPS - Get Free Report) last released its earnings results on Tuesday, April 29th. The transportation company reported $1.49 EPS for the quarter, topping analysts' consensus estimates of $1.38 by $0.11. United Parcel Service had a net margin of 6.44% and a return on equity of 40.15%. The business had revenue of $21.50 billion for the quarter, compared to the consensus estimate of $21.25 billion. During the same period in the previous year, the firm earned $1.43 EPS. The business's revenue for the quarter was down .9% on a year-over-year basis. On average, equities research analysts expect that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, May 19th were issued a dividend of $1.64 per share. The ex-dividend date of this dividend was Monday, May 19th. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.42%. United Parcel Service's dividend payout ratio is currently 95.63%.

Analysts Set New Price Targets

A number of research analysts have issued reports on UPS shares. Wells Fargo & Company reissued an "equal weight" rating and set a $98.00 target price (down from $120.00) on shares of United Parcel Service in a research note on Tuesday, April 22nd. HSBC lowered shares of United Parcel Service from a "buy" rating to a "hold" rating and set a $105.00 target price for the company. in a research note on Thursday, May 1st. Oppenheimer reduced their target price on shares of United Parcel Service from $126.00 to $114.00 and set an "outperform" rating for the company in a research note on Wednesday, April 30th. BMO Capital Markets reduced their price target on shares of United Parcel Service from $130.00 to $125.00 and set an "outperform" rating for the company in a research note on Wednesday, April 30th. Finally, BNP Paribas raised shares of United Parcel Service to a "hold" rating in a research note on Thursday, July 3rd. Two analysts have rated the stock with a sell rating, fifteen have issued a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, United Parcel Service has an average rating of "Hold" and a consensus target price of $118.96.

About United Parcel Service

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.