Lee Financial Co lifted its position in Union Pacific Co. (NYSE:UNP) by 438.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,057 shares of the railroad operator’s stock after buying an additional 3,303 shares during the quarter. Lee Financial Co’s holdings in Union Pacific were worth $545,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. Dempze Nancy E increased its position in shares of Union Pacific by 46.6% in the fourth quarter. Dempze Nancy E now owns 3,460 shares of the railroad operator’s stock worth $465,000 after purchasing an additional 1,100 shares during the last quarter. Reilly Herbert Faulkner III increased its position in shares of Union Pacific by 1.7% in the fourth quarter. Reilly Herbert Faulkner III now owns 41,269 shares of the railroad operator’s stock worth $5,534,000 after purchasing an additional 699 shares during the last quarter. FTB Advisors Inc. increased its position in shares of Union Pacific by 2.1% in the fourth quarter. FTB Advisors Inc. now owns 69,603 shares of the railroad operator’s stock worth $9,438,000 after purchasing an additional 1,462 shares during the last quarter. Financial Life Advisors bought a new position in shares of Union Pacific in the fourth quarter worth approximately $220,000. Finally, Polaris Greystone Financial Group LLC increased its position in shares of Union Pacific by 3.0% in the fourth quarter. Polaris Greystone Financial Group LLC now owns 177,964 shares of the railroad operator’s stock worth $23,865,000 after purchasing an additional 5,176 shares during the last quarter. 79.01% of the stock is currently owned by hedge funds and other institutional investors.
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 shares were sold at an average price of $133.79, for a total value of $2,083,913.04. Following the transaction, the executive vice president now owns 65,613 shares in the company, valued at $8,778,363.27. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 stock was sold at an average price of $137.39, for a total transaction of $3,434,750.00. Following the completion of the transaction, the chief financial officer now 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 company insiders.
UNP has been the topic of several research analyst reports. Deutsche Bank upgraded shares of Union Pacific from a “hold” rating to a “buy” rating and set a $158.00 price objective on the stock in a research report on Monday, April 2nd. Argus upped their price objective 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. Zacks Investment Research cut shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, March 6th. Loop Capital upped their price objective on shares of Union Pacific to $145.00 and gave the stock a “hold” rating in a research report on Friday, April 27th. Finally, TD Securities decreased their price objective on shares of Union Pacific from $155.00 to $150.00 and set a “buy” rating on the stock in a research report on Friday, April 27th. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $141.00.
Shares of Union Pacific stock opened at $145.06 on Friday. The company has a current ratio of 0.82, a quick ratio of 0.65 and a debt-to-equity ratio of 0.64. Union Pacific Co. has a 52-week low of $101.06 and a 52-week high of $146.73. The company has a market capitalization of $111.73 billion, a PE ratio of 23.55, a PEG ratio of 1.80 and a beta of 0.79.
Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, April 26th. The railroad operator reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.66 by $0.02. Union Pacific had a net margin of 50.73% and a return on equity of 22.16%. The firm had revenue of $5.47 billion for the quarter, compared to analysts’ expectations of $5.39 billion. During the same quarter last year, the business earned $1.32 earnings per share. The business’s revenue was up 6.7% on a year-over-year basis. analysts predict that Union Pacific Co. will post 7.58 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, June 29th. Stockholders of record on Thursday, May 31st will be issued a $0.73 dividend. This represents a $2.92 annualized dividend and a dividend yield of 2.01%. The ex-dividend date of this dividend is Wednesday, May 30th. Union Pacific’s dividend payout ratio is 50.43%.
Union Pacific 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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