Union Pacific Co. (UNP) Position Reduced by Wunderlich Capital Managemnt

Wunderlich Capital Managemnt lowered its position in Union Pacific Co. (NYSE:UNP) by 4.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,261 shares of the railroad operator’s stock after selling 700 shares during the period. Union Pacific comprises approximately 1.5% of Wunderlich Capital Managemnt’s holdings, making the stock its 12th largest position. Wunderlich Capital Managemnt’s holdings in Union Pacific were worth $2,186,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in UNP. Burney Co. lifted its position in shares of Union Pacific by 28.0% during the 1st quarter. Burney Co. now owns 24,681 shares of the railroad operator’s stock valued at $3,318,000 after acquiring an additional 5,402 shares during the period. Richard C. Young & CO. LTD. lifted its position in shares of Union Pacific by 40.1% during the 1st quarter. Richard C. Young & CO. LTD. now owns 5,642 shares of the railroad operator’s stock valued at $758,000 after acquiring an additional 1,616 shares during the period. First Mercantile Trust Co. lifted its position in shares of Union Pacific by 404.9% during the 1st quarter. First Mercantile Trust Co. now owns 24,867 shares of the railroad operator’s stock valued at $3,343,000 after acquiring an additional 19,942 shares during the period. Thrivent Financial for Lutherans lifted its position in shares of Union Pacific by 1.5% during the 1st quarter. Thrivent Financial for Lutherans now owns 32,851 shares of the railroad operator’s stock valued at $4,416,000 after acquiring an additional 487 shares during the period. Finally, O Shaughnessy Asset Management LLC lifted its position in shares of Union Pacific by 516.8% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 20,022 shares of the railroad operator’s stock valued at $2,692,000 after acquiring an additional 16,776 shares during the period. Hedge funds and other institutional investors own 79.01% of the company’s stock.

In other news, EVP Elizabeth F. Whited sold 15,576 shares of the business’s stock in a transaction on Tuesday, April 3rd. The shares were sold at an average price of $133.79, for a total transaction 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 approximately $8,778,363.27. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Robert M. Knight, Jr. sold 25,000 shares of the business’s stock in a transaction on 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 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. 0.20% of the stock is currently owned by insiders.

Several research analysts recently issued reports on UNP shares. Zacks Investment Research downgraded Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, March 6th. Argus lifted 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. Morgan Stanley lifted their price objective on Union Pacific from $105.00 to $125.00 and gave the stock an “equal weight” rating in a research report on Friday, January 26th. Robert W. Baird restated a “hold” rating and set a $148.00 price objective on shares of Union Pacific in a research report on Tuesday, April 10th. Finally, ValuEngine upgraded Union Pacific from a “hold” rating to a “buy” rating in a research report on Wednesday, May 9th. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and twelve have given a buy rating to the company’s stock. Union Pacific presently has a consensus rating of “Hold” and an average price target of $138.95.

UNP stock opened at $143.80 on Monday. The company has a market capitalization of $110.76 billion, a price-to-earnings ratio of 24.84, a PEG ratio of 1.78 and a beta of 0.79. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.82 and a quick ratio of 0.65. Union Pacific Co. has a one year low of $101.06 and a one year high of $144.45.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, April 26th. The railroad operator reported $1.68 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.66 by $0.02. The firm had revenue of $5.47 billion during the quarter, compared to analysts’ expectations of $5.39 billion. Union Pacific had a net margin of 50.73% and a return on equity of 22.16%. Union Pacific’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same period in the previous year, the company earned $1.32 EPS. sell-side analysts expect that Union Pacific Co. will post 7.59 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, June 29th. Shareholders of record on Thursday, May 31st will be paid a $0.73 dividend. The ex-dividend date of this dividend is Wednesday, May 30th. This represents a $2.92 annualized dividend and a yield of 2.03%. Union Pacific’s payout ratio is currently 50.43%.

Union Pacific Company Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash.

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

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