Gould Asset Management LLC CA lowered its stake in Union Pacific Co. (NYSE:UNP) by 19.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,020 shares of the railroad operator’s stock after selling 480 shares during the period. Gould Asset Management LLC CA’s holdings in Union Pacific were worth $271,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of UNP. Pathstone Family Office LLC lifted its holdings in shares of Union Pacific by 41.3% during the second quarter. Pathstone Family Office LLC now owns 178 shares of the railroad operator’s stock worth $2,304,000 after purchasing an additional 52 shares during the period. Acropolis Investment Management LLC acquired a new position in shares of Union Pacific during the fourth quarter worth $107,000. Exane Derivatives raised its stake in Union Pacific by 55,600.0% during the fourth quarter. Exane Derivatives now owns 1,114 shares of the railroad operator’s stock worth $149,000 after buying an additional 1,112 shares during the last quarter. Acrospire Investment Management LLC raised its stake in Union Pacific by 33.3% during the second quarter. Acrospire Investment Management LLC now owns 1,200 shares of the railroad operator’s stock worth $131,000 after buying an additional 300 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd bought a new position in Union Pacific during the fourth quarter worth $200,000. Hedge funds and other institutional investors own 79.90% of the company’s stock.
Union Pacific Co. (NYSE:UNP) opened at $134.87 on Friday. Union Pacific Co. has a twelve month low of $101.06 and a twelve month high of $143.05. The firm has a market cap of $107,364.85, a PE ratio of 9.98, a P/E/G ratio of 1.70 and a beta of 0.83. The company has a current ratio of 1.02, a quick ratio of 0.83 and a debt-to-equity ratio of 0.65.
Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, January 25th. The railroad operator reported $1.53 earnings per share for the quarter, missing the consensus estimate of $1.54 by ($0.01). The firm had revenue of $5.45 billion for the quarter, compared to analysts’ expectations of $5.44 billion. Union Pacific had a return on equity of 22.26% and a net margin of 50.43%. The firm’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.39 earnings per share. analysts predict that Union Pacific Co. will post 7.59 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Wednesday, February 28th will be paid a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a yield of 2.17%. This is a boost from Union Pacific’s previous quarterly dividend of $0.67. The ex-dividend date is Tuesday, February 27th. Union Pacific’s payout ratio is presently 21.60%.
A number of equities analysts recently weighed in on the stock. Zacks Investment Research downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, March 6th. Bank of America lifted their target price on shares of Union Pacific from $150.00 to $159.00 and gave the stock a “buy” rating in a research note on Thursday, March 15th. Argus lifted their price target on shares of Union Pacific from $130.00 to $155.00 and gave the company a “buy” rating in a research note on Thursday, February 1st. Cowen reaffirmed a “market perform” rating and issued a $139.00 price target (down from $140.00) on shares of Union Pacific in a research note on Wednesday, February 28th. Finally, Robert W. Baird reaffirmed a “hold” rating on shares of Union Pacific in a research note on Friday, January 26th. Three analysts have rated the stock with a sell rating, thirteen have given a hold rating and ten have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $133.70.
In other Union Pacific news, CFO Robert M. Knight, Jr. sold 25,000 shares of the business’s stock in a transaction dated Tuesday, March 20th. The shares were sold at an average price of $137.39, for a total value of $3,434,750.00. Following the transaction, the chief financial officer now directly owns 106,518 shares in the company, valued at $14,634,508.02. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.20% of the stock is owned by insiders.
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Union Pacific Profile
Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.
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