Roosevelt Investment Group Inc. Decreases Stake in Union Pacific Co. (UNP)

Roosevelt Investment Group Inc. cut its stake in shares of Union Pacific Co. (NYSE:UNP) by 1.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 136,468 shares of the railroad operator’s stock after selling 2,389 shares during the period. Union Pacific makes up approximately 1.7% of Roosevelt Investment Group Inc.’s investment portfolio, making the stock its 22nd largest holding. Roosevelt Investment Group Inc.’s holdings in Union Pacific were worth $18,300,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in UNP. Beach Investment Management LLC. lifted its holdings in Union Pacific by 2,877.6% during the second quarter. Beach Investment Management LLC. now owns 92,900 shares of the railroad operator’s stock worth $10,118,000 after acquiring an additional 89,780 shares in the last quarter. Ffcm LLC lifted its holdings in Union Pacific by 8.0% during the second quarter. Ffcm LLC now owns 33,950 shares of the railroad operator’s stock worth $3,697,000 after acquiring an additional 2,501 shares in the last quarter. Manchester Capital Management LLC lifted its holdings in Union Pacific by 3.0% during the second quarter. Manchester Capital Management LLC now owns 9,186 shares of the railroad operator’s stock worth $1,000,000 after acquiring an additional 270 shares in the last quarter. WMS Partners LLC lifted its holdings in Union Pacific by 4.4% during the second quarter. WMS Partners LLC now owns 7,074 shares of the railroad operator’s stock worth $770,000 after acquiring an additional 300 shares in the last quarter. Finally, Argent Trust Co lifted its holdings in Union Pacific by 0.7% during the second quarter. Argent Trust Co now owns 11,544 shares of the railroad operator’s stock worth $1,258,000 after acquiring an additional 77 shares in the last quarter. 79.94% of the stock is owned by institutional investors and hedge funds.

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Several research analysts have weighed in on UNP shares. UBS upgraded Union Pacific from a “neutral” rating to a “buy” rating in a report on Friday, January 5th. BMO Capital Markets reiterated a “buy” rating and set a $150.00 target price on shares of Union Pacific in a report on Monday, January 8th. Citigroup upgraded Union Pacific from a “neutral” rating to a “buy” rating in a report on Wednesday, February 14th. Zacks Investment Research upgraded Union Pacific from a “hold” rating to a “buy” rating and set a $157.00 target price on the stock in a report on Monday, January 15th. Finally, Wolfe Research upgraded Union Pacific from a “market perform” rating to an “outperform” rating in a report on Friday, January 5th. Three research analysts have rated the stock with a sell rating, twelve have given a hold rating and eleven have given a buy rating to the company. Union Pacific has an average rating of “Hold” and a consensus target price of $136.10.

NYSE:UNP opened at $130.28 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.83 and a current ratio of 1.02. The stock has a market capitalization of $103,569.63, a P/E ratio of 22.50, a P/E/G ratio of 1.64 and a beta of 0.79. Union Pacific Co. has a 52-week low of $101.06 and a 52-week high of $143.05.

Union Pacific (NYSE:UNP) last released its 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 during the quarter, compared to analyst estimates of $5.44 billion. Union Pacific had a net margin of 50.43% and a return on equity of 22.26%. Union Pacific’s revenue was up 5.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.39 EPS. analysts anticipate that Union Pacific Co. will post 7.58 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, March 30th. Investors of record on Wednesday, February 28th were given a $0.73 dividend. The ex-dividend date was Tuesday, February 27th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 2.24%. This is an increase from Union Pacific’s previous quarterly dividend of $0.67. Union Pacific’s payout ratio is currently 50.43%.

In other Union Pacific news, 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 transaction 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 sale was disclosed in a document filed with the SEC, which is available through this link. Also, 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 value of $3,434,750.00. Following the transaction, the chief financial officer now directly owns 106,518 shares in the company, valued at approximately $14,634,508.02. The disclosure for this sale can be found here. 0.20% of the stock is currently owned by insiders.

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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.

Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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