Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Buys 1,558 Shares of Union Pacific Co. (NYSE:UNP)

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA increased its stake in Union Pacific Co. (NYSE:UNP) by 0.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 266,432 shares of the railroad operator’s stock after purchasing an additional 1,558 shares during the quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in Union Pacific were worth $35,728,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of UNP. Beach Investment Management LLC. grew its position in Union Pacific by 2,877.6% in the second quarter. Beach Investment Management LLC. now owns 92,900 shares of the railroad operator’s stock valued at $10,118,000 after acquiring an additional 89,780 shares during the period. Rathbone Brothers plc grew its position in Union Pacific by 0.3% in the second quarter. Rathbone Brothers plc now owns 41,385 shares of the railroad operator’s stock valued at $4,507,000 after acquiring an additional 127 shares during the period. Engineers Gate Manager LP bought a new stake in Union Pacific in the second quarter valued at $660,000. CIBC World Markets Inc. grew its position in Union Pacific by 1.5% in the second quarter. CIBC World Markets Inc. now owns 106,854 shares of the railroad operator’s stock valued at $11,637,000 after acquiring an additional 1,532 shares during the period. Finally, AXA grew its position in Union Pacific by 6.0% in the second quarter. AXA now owns 1,139,118 shares of the railroad operator’s stock valued at $124,061,000 after acquiring an additional 64,850 shares during the period. Hedge funds and other institutional investors own 79.94% of the company’s stock.

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A number of analysts have weighed in on the company. Zacks Investment Research upgraded Union Pacific from a “hold” rating to a “buy” rating and set a $157.00 price target on the stock in a research report on Monday, January 15th. Scotiabank set a $150.00 price objective on Union Pacific and gave the stock a “hold” rating in a research note on Thursday, January 11th. Daiwa Capital Markets raised Union Pacific from a “hold” rating to an “outperform” rating in a research note on Thursday, January 11th. BMO Capital Markets reissued a “buy” rating and issued a $150.00 price objective on shares of Union Pacific in a research note on Monday, January 8th. Finally, UBS raised Union Pacific from a “neutral” rating to a “buy” rating in a research note on Friday, January 5th. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eleven have issued a buy rating to the company. Union Pacific presently has an average rating of “Hold” and a consensus target price of $136.10.

Shares of NYSE:UNP traded down $2.82 during mid-day trading on Friday, reaching $130.28. 3,120,025 shares of the stock were exchanged, compared to its average volume of 4,350,645. 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 company has a market cap of $101,527.85, a PE ratio of 22.50, a PEG ratio of 1.61 and a beta of 0.79. Union Pacific Co. has a one year low of $101.06 and a one year high of $143.05.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, January 25th. The railroad operator reported $1.53 EPS for the quarter, missing the consensus estimate of $1.54 by ($0.01). Union Pacific had a net margin of 50.43% and a return on equity of 22.26%. The company had revenue of $5.45 billion for the quarter, compared to analyst estimates of $5.44 billion. During the same period last year, the company posted $1.39 earnings per share. The business’s revenue for the quarter was up 5.5% on a year-over-year basis. research analysts predict that Union Pacific Co. will post 7.56 earnings per share for the current fiscal year.

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

In other news, EVP Elizabeth F. Whited sold 15,576 shares of the firm’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 value 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Robert M. Knight, Jr. sold 25,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 20th. The shares were sold at an average price of $137.39, for a total value of $3,434,750.00. Following the completion of 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. Corporate insiders own 0.20% of the company’s stock.

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Union Pacific Profile

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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