Honkamp Krueger Financial Services Inc. reduced its position in Union Pacific Co. (NYSE:UNP) by 10.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,251 shares of the railroad operator’s stock after selling 1,701 shares during the quarter. Honkamp Krueger Financial Services Inc.’s holdings in Union Pacific were worth $1,653,000 at the end of the most recent reporting period.
Several other hedge funds have also recently bought and sold shares of UNP. Pathstone Family Office LLC raised its stake 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 last quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. raised its stake in shares of Union Pacific by 46.6% during the second quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock worth $117,000 after purchasing an additional 340 shares during the last quarter. SRS Capital Advisors Inc. raised its stake in shares of Union Pacific by 147.2% during the first quarter. SRS Capital Advisors Inc. now owns 1,152 shares of the railroad operator’s stock worth $122,000 after purchasing an additional 686 shares during the last quarter. Delta Asset Management LLC TN raised its stake in shares of Union Pacific by 6.8% during the second quarter. Delta Asset Management LLC TN now owns 1,183 shares of the railroad operator’s stock worth $129,000 after purchasing an additional 75 shares during the last quarter. Finally, Acrospire Investment Management LLC raised its stake in shares of 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 purchasing an additional 300 shares during the last quarter. 78.45% of the stock is owned by institutional investors and hedge funds.
Union Pacific Co. (UNP) traded up $0.64 on Thursday, hitting $140.35. The company had a trading volume of 3,100,000 shares, compared to its average volume of 5,330,000. The company has a current ratio of 1.16, a quick ratio of 0.97 and a debt-to-equity ratio of 0.83. The firm has a market capitalization of $110,480.00, a price-to-earnings ratio of 24.84, a P/E/G ratio of 1.97 and a beta of 0.90. Union Pacific Co. has a fifty-two week low of $101.06 and a fifty-two week high of $141.40.
Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, October 26th. The railroad operator reported $1.50 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.01. Union Pacific had a return on equity of 23.35% and a net margin of 21.84%. The business had revenue of $5.41 billion for the quarter, compared to analyst estimates of $5.32 billion. During the same quarter last year, the company earned $1.36 earnings per share. The business’s revenue for the quarter was up 4.5% compared to the same quarter last year. research analysts forecast that Union Pacific Co. will post 5.78 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Thursday, December 28th. Shareholders of record on Thursday, November 30th were paid a $0.665 dividend. This represents a $2.66 dividend on an annualized basis and a yield of 1.90%. This is a positive change from Union Pacific’s previous quarterly dividend of $0.61. The ex-dividend date was Wednesday, November 29th. Union Pacific’s dividend payout ratio (DPR) is presently 47.08%.
UNP has been the subject of several research analyst reports. Argus increased their price objective on Union Pacific from $125.00 to $130.00 and gave the stock a “buy” rating in a research report on Tuesday, October 31st. BMO Capital Markets reiterated a “buy” rating on shares of Union Pacific in a research report on Friday, October 20th. Zacks Investment Research upgraded Union Pacific from a “hold” rating to a “buy” rating and set a $130.00 price objective for the company in a research report on Wednesday, November 1st. Barclays reiterated a “buy” rating and issued a $150.00 price objective on shares of Union Pacific in a research report on Wednesday, December 13th. Finally, UBS Group upgraded Union Pacific from a “neutral” rating to a “buy” rating in a research report on Friday, January 5th. Four research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $121.21.
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About Union Pacific
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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