Charles Schwab Investment Management Inc. increased its position in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 2.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,407,185 shares of the railroad operator’s stock after purchasing an additional 75,663 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.56% of Union Pacific worth $836,873,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently modified their holdings of the company. BluePath Capital Management LLC acquired a new stake in shares of Union Pacific during the third quarter worth about $25,000. Valued Wealth Advisors LLC acquired a new position in Union Pacific in the fourth quarter valued at approximately $28,000. Stuart Chaussee & Associates Inc. acquired a new position in Union Pacific in the fourth quarter valued at approximately $36,000. Fortitude Family Office LLC acquired a new position in Union Pacific in the fourth quarter valued at approximately $44,000. Finally, AJOVista LLC acquired a new position in Union Pacific in the fourth quarter valued at approximately $100,000. Institutional investors and hedge funds own 80.38% of the company’s stock.
Insider Activity
In other news, President Elizabeth F. Whited sold 3,750 shares of the company’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $250.00, for a total value of $937,500.00. Following the transaction, the president now owns 56,682 shares of the company’s stock, valued at approximately $14,170,500. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.26% of the company’s stock.
Union Pacific Trading Up 1.0 %
Union Pacific (NYSE:UNP – Get Free Report) last announced its quarterly earnings results on Thursday, April 25th. The railroad operator reported $2.69 EPS for the quarter, beating the consensus estimate of $2.50 by $0.19. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The business had revenue of $6.03 billion for the quarter, compared to analyst estimates of $5.97 billion. During the same quarter in the prior year, the company posted $2.67 EPS. The company’s quarterly revenue was down .4% on a year-over-year basis. Sell-side analysts expect that Union Pacific Co. will post 11.21 earnings per share for the current year.
Union Pacific Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, February 29th were paid a $1.30 dividend. This represents a $5.20 annualized dividend and a dividend yield of 2.12%. The ex-dividend date was Wednesday, February 28th. Union Pacific’s dividend payout ratio (DPR) is presently 49.62%.
Analyst Ratings Changes
UNP has been the subject of a number of analyst reports. StockNews.com raised Union Pacific from a “hold” rating to a “buy” rating in a report on Friday, April 26th. Sanford C. Bernstein upgraded Union Pacific from a “market perform” rating to an “outperform” rating and set a $280.00 price objective for the company in a research report on Monday, January 22nd. Susquehanna boosted their price objective on Union Pacific from $255.00 to $270.00 and gave the company a “neutral” rating in a research report on Friday, April 26th. Benchmark boosted their price objective on Union Pacific from $260.00 to $266.00 and gave the company a “buy” rating in a research report on Wednesday, April 10th. Finally, The Goldman Sachs Group boosted their price objective on Union Pacific from $248.00 to $274.00 and gave the company a “buy” rating in a research report on Thursday, April 11th. Six analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $259.61.
Read Our Latest Analysis on Union Pacific
Union Pacific Company Profile
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.
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