Smith Salley & Associates boosted its position in Union Pacific Co. (NYSE:UNP) by 4.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 57,951 shares of the railroad operator’s stock after buying an additional 2,298 shares during the quarter. Union Pacific makes up about 1.4% of Smith Salley & Associates’ investment portfolio, making the stock its 24th biggest holding. Smith Salley & Associates’ holdings in Union Pacific were worth $7,790,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in UNP. Acropolis Investment Management LLC bought a new stake in Union Pacific in the fourth quarter valued at about $107,000. Icon Wealth Partners LLC bought a new stake in Union Pacific in the fourth quarter valued at about $119,000. Ballew Advisors Inc bought a new stake in Union Pacific in the first quarter valued at about $145,000. Exane Derivatives increased its holdings in Union Pacific by 55,600.0% in the fourth quarter. Exane Derivatives now owns 1,114 shares of the railroad operator’s stock valued at $149,000 after buying an additional 1,112 shares during the last quarter. Finally, Certified Advisory Corp bought a new stake in Union Pacific in the fourth quarter valued at about $175,000. 79.01% of the stock is owned by hedge funds and other institutional investors.
Shares of NYSE UNP opened at $145.06 on Friday. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.82 and a quick ratio of 0.65. The company has a market cap of $111.73 billion, a PE ratio of 23.55, a price-to-earnings-growth ratio of 1.80 and a beta of 0.79. Union Pacific Co. has a 12-month low of $101.06 and a 12-month high of $146.73.
Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, April 26th. The railroad operator reported $1.68 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.66 by $0.02. The business had revenue of $5.47 billion during the quarter, compared to the consensus estimate of $5.39 billion. Union Pacific had a return on equity of 22.16% and a net margin of 50.73%. The business’s revenue was up 6.7% on a year-over-year basis. During the same period in the previous year, the firm posted $1.32 earnings per share. analysts predict that Union Pacific Co. will post 7.58 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 29th. Stockholders of record on Thursday, May 31st will be given a dividend of $0.73 per share. The ex-dividend date is Wednesday, May 30th. This represents a $2.92 annualized dividend and a dividend yield of 2.01%. Union Pacific’s dividend payout ratio is presently 50.43%.
UNP has been the subject of several research analyst reports. Zacks Investment Research lowered Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, March 6th. Argus lifted their target price on Union Pacific from $130.00 to $155.00 and gave the company a “buy” rating in a research note on Thursday, February 1st. Robert W. Baird restated a “hold” rating and issued a $148.00 target price on shares of Union Pacific in a research note on Tuesday, April 10th. ValuEngine upgraded Union Pacific from a “hold” rating to a “buy” rating in a research note on Wednesday, May 9th. Finally, Loop Capital lifted their target price on Union Pacific to $145.00 and gave the company a “hold” rating in a research note on Friday, April 27th. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eleven have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $141.00.
In other news, CFO Robert M. Knight, Jr. sold 25,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 20th. The stock was sold at an average price of $137.39, for a total transaction of $3,434,750.00. Following the completion of the transaction, the chief financial officer now directly owns 106,518 shares in the company, valued at $14,634,508.02. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Elizabeth F. Whited sold 15,576 shares of the business’s stock in a transaction that occurred on Tuesday, April 3rd. The stock was sold at an average price of $133.79, for a total value of $2,083,913.04. Following the transaction, the executive vice president now owns 65,613 shares of the company’s stock, valued at $8,778,363.27. The disclosure for this sale can be found here. Insiders own 0.20% of the company’s stock.
Union Pacific Profile
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash.
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