Gould Asset Management LLC CA decreased its stake in Union Pacific Co. (NYSE:UNP) by 19.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 2,020 shares of the railroad operator’s stock after selling 480 shares during the quarter. Gould Asset Management LLC CA’s holdings in Union Pacific were worth $271,000 at the end of the most recent reporting period.
Several other large investors also recently modified their holdings of UNP. Clinton Group Inc. boosted its stake in shares of Union Pacific by 82.0% in the 2nd quarter. Clinton Group Inc. now owns 25,117 shares of the railroad operator’s stock valued at $2,735,000 after purchasing an additional 11,313 shares in the last quarter. Dempze Nancy E boosted its position in Union Pacific by 46.6% during the 4th quarter. Dempze Nancy E now owns 3,460 shares of the railroad operator’s stock valued at $465,000 after buying an additional 1,100 shares during the period. Prudential Financial Inc. boosted its position in Union Pacific by 12.2% during the 3rd quarter. Prudential Financial Inc. now owns 2,562,570 shares of the railroad operator’s stock valued at $297,180,000 after buying an additional 277,810 shares during the period. FTB Advisors Inc. boosted its position in Union Pacific by 2.1% during the 4th quarter. FTB Advisors Inc. now owns 69,603 shares of the railroad operator’s stock valued at $9,438,000 after buying an additional 1,462 shares during the period. Finally, Crossmark Global Holdings Inc. purchased a new stake in Union Pacific during the 3rd quarter valued at $9,954,000. 79.90% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Union Pacific Co. (UNP) opened at $134.87 on Friday. The firm has a market cap of $107,364.85, a PE ratio of 9.98, a price-to-earnings-growth ratio of 1.70 and a beta of 0.83. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.83 and a current ratio of 1.02. Union Pacific Co. has a 12 month low of $101.06 and a 12 month high of $143.05.
Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, January 25th. The railroad operator reported $1.53 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.54 by ($0.01). The company had revenue of $5.45 billion for the quarter, compared to analysts’ expectations of $5.44 billion. Union Pacific had a net margin of 50.43% and a return on equity of 22.26%. The business’s revenue was up 5.5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.39 EPS. equities research analysts predict that Union Pacific Co. will post 7.59 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Wednesday, February 28th will be issued a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a dividend yield of 2.17%. The ex-dividend date is Tuesday, February 27th. This is an increase from Union Pacific’s previous quarterly dividend of $0.67. Union Pacific’s dividend payout ratio (DPR) is presently 21.60%.
UNP has been the subject of several analyst reports. Zacks Investment Research cut shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, March 6th. Barclays reaffirmed a “buy” rating and issued a $150.00 target price on shares of Union Pacific in a research report on Wednesday, December 13th. Scotiabank set a $150.00 target price on shares of Union Pacific and gave the stock a “hold” rating in a research report on Thursday, January 11th. Argus raised their target price on shares of Union Pacific from $130.00 to $155.00 and gave the stock a “buy” rating in a research report on Thursday, February 1st. Finally, Morgan Stanley raised their target price on shares of Union Pacific from $105.00 to $125.00 and gave the stock an “equal weight” rating in a research report 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. Union Pacific currently has an average rating of “Hold” and an average target price of $133.70.
In other news, CFO Robert M. Knight, Jr. sold 25,000 shares of the firm’s stock in a transaction dated Tuesday, March 20th. The shares were sold at an average price of $137.39, for a total transaction of $3,434,750.00. Following the sale, the chief financial officer now owns 106,518 shares of the company’s stock, valued at approximately $14,634,508.02. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.20% of the company’s stock.
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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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