Union Pacific Co. (UNP) Stake Increased by HighPoint Advisor Group LLC

HighPoint Advisor Group LLC lifted its stake in shares of Union Pacific Co. (NYSE:UNP) by 6.0% during the 1st quarter, Holdings Channel reports. The firm owned 11,746 shares of the railroad operator’s stock after buying an additional 666 shares during the quarter. HighPoint Advisor Group LLC’s holdings in Union Pacific were worth $1,698,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Icon Wealth Partners LLC bought a new position in shares of Union Pacific during the fourth quarter worth about $119,000. Ballew Advisors Inc bought a new position in Union Pacific in the first quarter worth about $145,000. Exane Derivatives lifted its holdings in Union Pacific by 55,600.0% in the fourth 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 last quarter. Gables Capital Management Inc. bought a new position in Union Pacific in the first quarter worth about $174,000. Finally, Certified Advisory Corp bought a new position in Union Pacific in the fourth quarter worth about $175,000. 78.71% of the stock is currently owned by institutional investors and hedge funds.

In related 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 transaction 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.20% of the stock is owned by company insiders.

UNP opened at $143.10 on Friday. The company has a market cap of $110.00 billion, a PE ratio of 24.72, a price-to-earnings-growth ratio of 1.76 and a beta of 0.80. 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 twelve month low of $101.06 and a twelve month high of $148.33.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, April 26th. The railroad operator reported $1.68 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.66 by $0.02. The company had revenue of $5.47 billion for the quarter, compared to analysts’ expectations of $5.39 billion. Union Pacific had a return on equity of 22.16% and a net margin of 50.73%. The business’s revenue for the quarter was up 6.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.32 earnings per share. analysts anticipate that Union Pacific Co. will post 7.63 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 29th. Investors of record on Thursday, May 31st will be paid a dividend of $0.73 per share. The ex-dividend date is Wednesday, May 30th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 2.04%. Union Pacific’s dividend payout ratio is presently 50.43%.

A number of equities analysts have issued reports on the stock. Bank of America raised their target price on shares of Union Pacific from $150.00 to $159.00 and gave the stock a “buy” rating in a report on Thursday, March 15th. BMO Capital Markets raised their target price on shares of Union Pacific from $158.00 to $165.00 and gave the stock an “outperform” rating in a report on Friday, June 1st. Credit Suisse Group raised their target price on shares of Union Pacific from $160.00 to $165.00 and gave the stock an “outperform” rating in a report on Friday, June 1st. Robert W. Baird raised their target price on shares of Union Pacific from $144.00 to $155.00 and gave the stock a “neutral” rating in a report on Monday, June 4th. Finally, TD Securities raised their target price on shares of Union Pacific from $150.00 to $160.00 and gave the stock a “buy” rating in a report on Friday, June 1st. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating and twelve have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $146.70.

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

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