Palladium Partners LLC Sells 431 Shares of Union Pacific Co. (NYSE:UNP)

Palladium Partners LLC decreased its holdings in shares of Union Pacific Co. (NYSE:UNP) by 4.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,154 shares of the railroad operator’s stock after selling 431 shares during the period. Palladium Partners LLC’s holdings in Union Pacific were worth $1,531,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Naples Global Advisors LLC boosted its holdings in shares of Union Pacific by 1.1% during the first quarter. Naples Global Advisors LLC now owns 5,734 shares of the railroad operator’s stock valued at $959,000 after acquiring an additional 60 shares during the period. Obermeyer Wood Investment Counsel Lllp boosted its holdings in shares of Union Pacific by 1.7% during the fourth quarter. Obermeyer Wood Investment Counsel Lllp now owns 3,729 shares of the railroad operator’s stock valued at $515,000 after acquiring an additional 61 shares during the period. Hamilton Point Investment Advisors LLC boosted its holdings in shares of Union Pacific by 1.2% during the fourth quarter. Hamilton Point Investment Advisors LLC now owns 5,443 shares of the railroad operator’s stock valued at $752,000 after acquiring an additional 65 shares during the period. Weatherstone Capital Management boosted its holdings in shares of Union Pacific by 3.1% during the first quarter. Weatherstone Capital Management now owns 2,172 shares of the railroad operator’s stock valued at $363,000 after acquiring an additional 66 shares during the period. Finally, Howe & Rusling Inc. boosted its holdings in shares of Union Pacific by 25.4% during the fourth quarter. Howe & Rusling Inc. now owns 346 shares of the railroad operator’s stock valued at $48,000 after acquiring an additional 70 shares during the period. Hedge funds and other institutional investors own 79.12% of the company’s stock.

Union Pacific stock traded up $0.29 during midday trading on Wednesday, hitting $171.30. The company’s stock had a trading volume of 222,247 shares, compared to its average volume of 3,753,412. The company has a current ratio of 0.75, a quick ratio of 0.60 and a debt-to-equity ratio of 1.32. The stock has a market cap of $121.73 billion, a PE ratio of 21.66, a price-to-earnings-growth ratio of 1.90 and a beta of 1.09. Union Pacific Co. has a 12 month low of $128.08 and a 12 month high of $180.02.



Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, April 18th. The railroad operator reported $1.93 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.89 by $0.04. The firm had revenue of $5.38 billion for the quarter, compared to the consensus estimate of $5.51 billion. Union Pacific had a return on equity of 30.73% and a net margin of 26.59%. The business’s revenue for the quarter was down 1.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.68 EPS. On average, equities analysts predict that Union Pacific Co. will post 9.07 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, May 31st will be issued a dividend of $0.88 per share. The ex-dividend date is Thursday, May 30th. This represents a $3.52 annualized dividend and a yield of 2.05%. Union Pacific’s payout ratio is presently 44.50%.

Several research firms recently weighed in on UNP. Loop Capital downgraded shares of Union Pacific from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $193.00 to $182.00 in a report on Tuesday, March 19th. Citigroup upped their price objective on shares of Union Pacific from $180.00 to $195.00 and gave the stock a “buy” rating in a report on Thursday, April 4th. BMO Capital Markets upped their price objective on shares of Union Pacific to $190.00 and gave the stock an “outperform” rating in a report on Monday, April 22nd. Deutsche Bank set a $200.00 price objective on shares of Union Pacific and gave the stock a “buy” rating in a report on Monday, April 22nd. Finally, TD Securities upped their price objective on shares of Union Pacific from $170.00 to $180.00 and gave the stock a “hold” rating in a report on Monday, April 22nd. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. Union Pacific presently has a consensus rating of “Buy” and an average target price of $176.26.

In other Union Pacific news, EVP Rhonda S. Ferguson sold 11,485 shares of the business’s stock in a transaction dated Thursday, April 18th. The stock was sold at an average price of $175.00, for a total transaction of $2,009,875.00. Following the sale, the executive vice president now owns 53,858 shares in the company, valued at approximately $9,425,150. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, VP Todd M. Rynaski sold 8,802 shares of the business’s stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $170.00, for a total value of $1,496,340.00. Following the sale, the vice president now owns 19,731 shares in the company, valued at approximately $3,354,270. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 31,667 shares of company stock worth $5,454,729. Corporate insiders own 9.96% of the company’s stock.

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Union Pacific Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.

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

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