JustInvest LLC boosted its position in Union Pacific Co. (NYSE:UNP) by 15.4% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 9,631 shares of the railroad operator’s stock after purchasing an additional 1,286 shares during the period. JustInvest LLC’s holdings in Union Pacific were worth $2,123,000 as of its most recent SEC filing.
A number of other hedge funds have also recently modified their holdings of UNP. Jeppson Wealth Management LLC bought a new stake in Union Pacific in the 3rd quarter worth about $44,000. Park National Corp OH grew its position in shares of Union Pacific by 0.3% during the 4th quarter. Park National Corp OH now owns 26,968 shares of the railroad operator’s stock valued at $5,615,000 after acquiring an additional 73 shares during the period. Enterprise Bank & Trust Co grew its position in shares of Union Pacific by 1.3% during the 4th quarter. Enterprise Bank & Trust Co now owns 11,347 shares of the railroad operator’s stock valued at $2,363,000 after acquiring an additional 145 shares during the period. Woodstock Corp grew its position in shares of Union Pacific by 70.5% during the 4th quarter. Woodstock Corp now owns 3,316 shares of the railroad operator’s stock valued at $690,000 after acquiring an additional 1,371 shares during the period. Finally, Trust Co. of Toledo NA OH grew its position in shares of Union Pacific by 34.3% during the 4th quarter. Trust Co. of Toledo NA OH now owns 14,527 shares of the railroad operator’s stock valued at $3,025,000 after acquiring an additional 3,714 shares during the period. 77.83% of the stock is owned by institutional investors and hedge funds.
Shares of UNP traded up $0.38 during mid-day trading on Tuesday, hitting $224.12. 18,568 shares of the company’s stock traded hands, compared to its average volume of 2,910,068. The company has a quick ratio of 0.93, a current ratio of 1.06 and a debt-to-equity ratio of 1.52. Union Pacific Co. has a 1 year low of $147.05 and a 1 year high of $228.32. The firm has a market capitalization of $148.88 billion, a P/E ratio of 28.50, a PEG ratio of 2.33 and a beta of 1.11. The business’s 50-day moving average price is $219.89 and its 200-day moving average price is $208.06.
Union Pacific (NYSE:UNP) last posted its earnings results on Wednesday, April 21st. The railroad operator reported $2.00 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $2.06 by ($0.06). Union Pacific had a net margin of 27.40% and a return on equity of 31.71%. The business had revenue of $5 billion for the quarter, compared to analysts’ expectations of $5.07 billion. During the same period last year, the firm posted $2.15 earnings per share. Union Pacific’s quarterly revenue was down 4.4% on a year-over-year basis. Sell-side analysts anticipate that Union Pacific Co. will post 8.02 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 31st. Stockholders of record on Friday, February 26th were paid a dividend of $0.97 per share. The ex-dividend date was Thursday, February 25th. This represents a $3.88 annualized dividend and a dividend yield of 1.73%. Union Pacific’s dividend payout ratio (DPR) is presently 46.30%.
In related news, EVP Elizabeth F. Whited sold 1,491 shares of the company’s stock in a transaction on Monday, March 8th. The stock was sold at an average price of $215.00, for a total value of $320,565.00. Following the sale, the executive vice president now directly owns 34,124 shares of the company’s stock, valued at $7,336,660. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Todd M. Rynaski sold 7,698 shares of the company’s stock in a transaction on Monday, March 8th. The stock was sold at an average price of $212.00, for a total value of $1,631,976.00. Following the completion of the sale, the vice president now directly owns 17,197 shares in the company, valued at $3,645,764. The disclosure for this sale can be found here. 0.20% of the stock is currently owned by insiders.
UNP has been the subject of a number of research reports. Credit Suisse Group reduced their target price on shares of Union Pacific from $249.00 to $243.00 and set an “outperform” rating for the company in a research report on Friday, January 22nd. BMO Capital Markets upped their price target on shares of Union Pacific from $230.00 to $240.00 and gave the company an “outperform” rating in a research note on Friday, April 23rd. Raymond James boosted their target price on shares of Union Pacific from $245.00 to $255.00 and gave the company a “strong-buy” rating in a report on Wednesday, April 21st. UBS Group raised their price target on Union Pacific from $219.00 to $230.00 and gave the stock a “buy” rating in a report on Friday, January 22nd. Finally, Royal Bank of Canada boosted their price objective on Union Pacific from $232.00 to $244.00 and gave the company an “outperform” rating in a research note on Friday, April 23rd. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $217.57.
Union Pacific Company Profile
Union Pacific Corp. engages in the provision of railroad and freight transportation services. Its principal operating company, Union Pacific Railroad Co, operates as a railroad franchise. The Railroad’s diversified business mix includes agricultural products, automotive, chemicals, coal, industrial products, and intermodal.
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