Fairfield Bush & CO. increased its position in shares of Union Pacific Co. (NYSE:UNP) by 5.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 15,509 shares of the railroad operator’s stock after buying an additional 808 shares during the quarter. Fairfield Bush & CO.’s holdings in Union Pacific were worth $2,080,000 as of its most recent SEC filing.
A number of other large investors have also recently added to or reduced their stakes in the stock. Acropolis Investment Management LLC acquired a new stake in Union Pacific during the 4th quarter worth approximately $107,000. Icon Wealth Partners LLC acquired a new stake in Union Pacific during the 4th quarter worth approximately $119,000. Exane Derivatives lifted its position in Union Pacific by 55,600.0% during the 4th quarter. Exane Derivatives now owns 1,114 shares of the railroad operator’s stock worth $149,000 after acquiring an additional 1,112 shares during the period. Aevitas Wealth Management Inc. acquired a new stake in Union Pacific during the 4th quarter worth approximately $185,000. Finally, Harvest Fund Management Co. Ltd acquired a new stake in Union Pacific during the 4th quarter worth approximately $200,000. Hedge funds and other institutional investors own 79.95% of the company’s stock.
A number of analysts have weighed in on UNP shares. BMO Capital Markets reaffirmed a “buy” rating and set a $150.00 price objective on shares of Union Pacific in a research report on Monday, January 8th. UBS raised Union Pacific from a “neutral” rating to a “buy” rating in a research report on Friday, January 5th. Zacks Investment Research raised Union Pacific from a “hold” rating to a “buy” rating and set a $157.00 price objective for the company in a research report on Monday, January 15th. TD Securities decreased their price objective on Union Pacific from $155.00 to $150.00 and set a “buy” rating for the company in a research report on Friday, January 26th. Finally, Argus increased their price objective on Union Pacific from $130.00 to $155.00 and gave the stock a “buy” rating in a research report on Thursday, February 1st. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eleven have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $137.70.
Union Pacific stock opened at $134.32 on Friday. The company has a quick ratio of 0.83, a current ratio of 1.02 and a debt-to-equity ratio of 0.65. The firm has a market cap of $102,244.81, a price-to-earnings ratio of 23.20, a P/E/G ratio of 1.63 and a beta of 0.79. Union Pacific Co. has a fifty-two week low of $101.06 and a fifty-two week high of $143.05.
Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, January 25th. The railroad operator reported $1.53 EPS for the quarter, missing the Zacks’ consensus estimate of $1.54 by ($0.01). The business had revenue of $5.45 billion during 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%. Union Pacific’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.39 EPS. research analysts anticipate that Union Pacific Co. will post 7.56 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 30th. Stockholders 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 2.17%. 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 news, EVP Elizabeth F. Whited sold 15,576 shares of Union Pacific stock in a transaction 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 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 the SEC website. Also, CFO Robert M. Knight, Jr. sold 25,000 shares of Union Pacific stock in a transaction 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 approximately $14,634,508.02. The disclosure for this sale can be found here. 0.20% of the stock is owned by insiders.
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Union Pacific Company 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.
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