Financial Life Advisors bought a new position in shares of Union Pacific Co. (NYSE:UNP) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,642 shares of the railroad operator’s stock, valued at approximately $220,000.
A number of other large investors have also recently added to or reduced their stakes in the stock. Clear Perspective Advisors LLC increased its stake in Union Pacific by 3.9% in the 2nd quarter. Clear Perspective Advisors LLC now owns 11,097 shares of the railroad operator’s stock worth $1,209,000 after purchasing an additional 412 shares in the last quarter. San Francisco Sentry Investment Group CA increased its stake in Union Pacific by 0.8% in the 2nd quarter. San Francisco Sentry Investment Group CA now owns 19,617 shares of the railroad operator’s stock worth $2,137,000 after purchasing an additional 151 shares in the last quarter. Janus Henderson Group PLC increased its stake in Union Pacific by 990.5% in the 2nd quarter. Janus Henderson Group PLC now owns 2,243,574 shares of the railroad operator’s stock worth $244,339,000 after purchasing an additional 2,037,834 shares in the last quarter. Colonial Trust Advisors increased its stake in Union Pacific by 28.1% in the 2nd quarter. Colonial Trust Advisors now owns 79,344 shares of the railroad operator’s stock worth $8,641,000 after purchasing an additional 17,401 shares in the last quarter. Finally, FTB Advisors Inc. increased its stake in Union Pacific by 36.9% in the 2nd quarter. FTB Advisors Inc. now owns 64,181 shares of the railroad operator’s stock worth $6,907,000 after purchasing an additional 17,311 shares in the last quarter. 79.95% of the stock is currently owned by hedge funds and other institutional investors.
A number of equities analysts recently weighed in on the company. UBS raised Union Pacific from a “neutral” rating to a “buy” rating in a research note on Friday, January 5th. Citigroup raised Union Pacific from a “neutral” rating to a “buy” rating in a research note on Wednesday, February 14th. Bank of America lifted their price target on Union Pacific from $150.00 to $159.00 and gave the stock a “buy” rating in a research note on Thursday, March 15th. Robert W. Baird reissued a “hold” rating and issued a $148.00 price target on shares of Union Pacific in a research note on Tuesday. Finally, BMO Capital Markets reissued a “buy” rating and issued a $150.00 price target on shares of Union Pacific in a research note on Monday, January 8th. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eleven have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $137.70.
Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, January 25th. The railroad operator reported $1.53 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.54 by ($0.01). The firm had revenue of $5.45 billion for the quarter, compared to analyst estimates of $5.44 billion. Union Pacific had a net margin of 50.43% and a return on equity of 22.26%. The firm’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.39 earnings per share. equities analysts expect that Union Pacific Co. will post 7.56 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Friday, March 30th. Stockholders of record on Wednesday, February 28th were issued a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a dividend yield of 2.17%. This is a positive change from Union Pacific’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend was Tuesday, February 27th. Union Pacific’s payout ratio is currently 50.43%.
In other news, CFO Robert M. Knight, Jr. sold 25,000 shares of Union Pacific stock in a transaction dated 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 sale, the chief financial officer now directly owns 106,518 shares in the company, valued at approximately $14,634,508.02. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Elizabeth F. Whited sold 15,576 shares of Union Pacific stock in a transaction dated 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 sale, the executive vice president now owns 65,613 shares of the company’s stock, valued at $8,778,363.27. 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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