Hayden Royal LLC Purchases New Position in Union Pacific Co. (NYSE:UNP)

Hayden Royal LLC purchased a new stake in shares of Union Pacific Co. (NYSE:UNP) in the 2nd quarter, Holdings Channel reports. The fund purchased 1,208 shares of the railroad operator’s stock, valued at approximately $207,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in UNP. Advisory Services Network LLC increased its stake in shares of Union Pacific by 4.9% in the second quarter. Advisory Services Network LLC now owns 18,449 shares of the railroad operator’s stock worth $3,120,000 after acquiring an additional 857 shares during the period. Coastal Investment Advisors Inc. increased its stake in shares of Union Pacific by 18.1% in the second quarter. Coastal Investment Advisors Inc. now owns 2,776 shares of the railroad operator’s stock worth $469,000 after acquiring an additional 426 shares during the period. ELCO Management Co. LLC acquired a new stake in shares of Union Pacific in the second quarter worth $609,000. Cape Cod Five Cents Savings Bank increased its stake in shares of Union Pacific by 5.7% in the second quarter. Cape Cod Five Cents Savings Bank now owns 18,138 shares of the railroad operator’s stock worth $3,068,000 after acquiring an additional 979 shares during the period. Finally, Wedge Capital Management L L P NC acquired a new stake in shares of Union Pacific in the second quarter worth $270,000. 79.02% of the stock is owned by institutional investors.

UNP traded down $1.19 during midday trading on Thursday, hitting $162.51. 753,348 shares of the company traded hands, compared to its average volume of 3,614,512. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.72 and a quick ratio of 0.58. The stock has a market cap of $116.72 billion, a P/E ratio of 20.54, a price-to-earnings-growth ratio of 1.85 and a beta of 1.04. Union Pacific Co. has a 52-week low of $128.08 and a 52-week high of $180.54. The stock’s 50 day moving average price is $171.51.



Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, July 18th. The railroad operator reported $2.22 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.12 by $0.10. The business had revenue of $5.60 billion for the quarter, compared to the consensus estimate of $5.62 billion. Union Pacific had a net margin of 26.95% and a return on equity of 31.74%. The company’s revenue was down 1.3% compared to the same quarter last year. During the same period last year, the firm posted $1.98 earnings per share. Equities analysts expect that Union Pacific Co. will post 8.96 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, August 30th will be issued a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a yield of 2.39%. This is an increase from Union Pacific’s previous quarterly dividend of $0.88. The ex-dividend date is Thursday, August 29th. Union Pacific’s dividend payout ratio (DPR) is presently 44.50%.

Several research firms recently commented on UNP. Morgan Stanley set a $140.00 price target on shares of Union Pacific and gave the company a “sell” rating in a research report on Friday, July 19th. Barclays lowered shares of Union Pacific from an “overweight” rating to an “equal weight” rating and dropped their price target for the company from $190.00 to $170.00 in a research report on Thursday, June 13th. UBS Group set a $201.00 price target on shares of Union Pacific and gave the company a “buy” rating in a research report on Friday, July 19th. Stifel Nicolaus set a $170.00 price target on shares of Union Pacific and gave the company a “hold” rating in a research report on Tuesday, April 23rd. Finally, Zacks Investment Research upgraded shares of Union Pacific from a “sell” rating to a “hold” rating and set a $184.00 price target on the stock in a research report on Monday, July 22nd. One analyst has rated the stock with a sell rating, nine have given a hold rating and fourteen have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $182.62.

In other news, EVP Robert M. Knight, Jr. sold 8,620 shares of the firm’s stock in a transaction dated Wednesday, July 31st. The shares were sold at an average price of $180.04, for a total value of $1,551,944.80. Following the transaction, the executive vice president now directly owns 94,943 shares of the company’s stock, valued at $17,093,537.72. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director William J. Delaney III purchased 5,000 shares of the firm’s stock in a transaction dated Monday, May 20th. The stock was acquired at an average cost of $174.06 per share, for a total transaction of $870,300.00. Following the completion of the purchase, the director now owns 5,000 shares of the company’s stock, valued at approximately $870,300. The disclosure for this purchase can be found here. Company insiders own 9.96% of the company’s stock.

About Union Pacific

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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