Guggenheim Capital LLC trimmed its position in shares of Union Pacific Co. (NYSE:UNP) by 16.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 498,103 shares of the railroad operator’s stock after selling 94,771 shares during the period. Guggenheim Capital LLC owned about 0.06% of Union Pacific worth $66,959,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. Dempze Nancy E increased its stake in shares of Union Pacific by 46.6% during the fourth quarter. Dempze Nancy E now owns 3,460 shares of the railroad operator’s stock worth $465,000 after buying an additional 1,100 shares during the period. Reilly Herbert Faulkner III increased its stake in shares of Union Pacific by 1.7% during the fourth quarter. Reilly Herbert Faulkner III now owns 41,269 shares of the railroad operator’s stock worth $5,534,000 after buying an additional 699 shares during the period. FTB Advisors Inc. increased its stake in shares of Union Pacific by 2.1% during the fourth quarter. FTB Advisors Inc. now owns 69,603 shares of the railroad operator’s stock worth $9,438,000 after buying an additional 1,462 shares during the period. Financial Life Advisors purchased a new stake in shares of Union Pacific during the fourth quarter worth approximately $220,000. Finally, Polaris Greystone Financial Group LLC increased its stake in Union Pacific by 3.0% in the fourth quarter. Polaris Greystone Financial Group LLC now owns 177,964 shares of the railroad operator’s stock valued at $23,865,000 after purchasing an additional 5,176 shares during the last quarter. Hedge funds and other institutional investors own 78.98% of the company’s stock.
Shares of Union Pacific opened at $144.94 on Friday, according to Marketbeat Ratings. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.65 and a current ratio of 0.82. The company has a market cap of $111.13 billion, a PE ratio of 25.03, a price-to-earnings-growth ratio of 1.77 and a beta of 0.80. Union Pacific Co. has a 12-month low of $101.06 and a 12-month high of $148.03.
Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, April 26th. The railroad operator reported $1.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.66 by $0.02. The business had revenue of $5.47 billion for the quarter, compared to analyst estimates of $5.39 billion. Union Pacific had a net margin of 50.73% and a return on equity of 22.16%. The company’s revenue for the quarter was up 6.7% compared to the same quarter last year. During the same period last year, the firm posted $1.32 earnings per share. analysts anticipate that Union Pacific Co. will post 7.63 earnings per share for the current year.
The firm also recently announced 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 dividend on an annualized basis and a dividend yield of 2.01%. Union Pacific’s dividend payout ratio (DPR) is presently 50.43%.
In related news, EVP Elizabeth F. Whited sold 15,576 shares of the stock in a transaction on Tuesday, April 3rd. The stock was sold at an average price of $133.79, for a total transaction of $2,083,913.04. Following the completion of the sale, the executive vice president now directly owns 65,613 shares of the company’s stock, valued at $8,778,363.27. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Robert M. Knight, Jr. sold 25,000 shares of the stock in a transaction on Tuesday, March 20th. The stock was sold at an average price of $137.39, for a total value of $3,434,750.00. Following the sale, the chief financial officer now directly owns 106,518 shares of the company’s stock, valued at $14,634,508.02. The disclosure for this sale can be found here. 0.20% of the stock is owned by company insiders.
UNP has been the topic of several recent analyst reports. Deutsche Bank upgraded shares of Union Pacific from a “hold” rating to a “buy” rating and set a $158.00 price target on the stock in a research note on Monday, April 2nd. Bank of America increased their price target on shares of Union Pacific from $150.00 to $159.00 and gave the company a “buy” rating in a research note on Thursday, March 15th. TD Securities dropped their price target on shares of Union Pacific from $155.00 to $150.00 and set a “buy” rating on the stock in a research note on Friday, April 27th. ValuEngine upgraded shares of Union Pacific from a “hold” rating to a “buy” rating in a research note on Wednesday, May 9th. Finally, Morgan Stanley increased their price target on shares of Union Pacific from $125.00 to $136.00 and gave the company an “equal weight” rating in a research note on Friday, June 1st. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and twelve have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $146.70.
Union Pacific Company 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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