HM Payson & Co. Boosts Holdings in Union Pacific Co. (NYSE:UNP)

HM Payson & Co. lifted its holdings in Union Pacific Co. (NYSE:UNP) by 6.9% in the fourth quarter, HoldingsChannel reports. The fund owned 72,735 shares of the railroad operator’s stock after buying an additional 4,685 shares during the period. HM Payson & Co.’s holdings in Union Pacific were worth $13,150,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Simon Quick Advisors LLC grew its holdings in shares of Union Pacific by 177.9% in the fourth quarter. Simon Quick Advisors LLC now owns 189 shares of the railroad operator’s stock worth $34,000 after purchasing an additional 121 shares during the last quarter. Corbenic Partners LLC purchased a new position in shares of Union Pacific in the fourth quarter worth $34,000. NewSquare Capital LLC bought a new stake in Union Pacific during the 4th quarter valued at $38,000. Manchester Financial Inc. bought a new stake in Union Pacific during the 4th quarter valued at $41,000. Finally, Stonebridge Financial Planning Group LLC purchased a new stake in Union Pacific during the 4th quarter valued at $41,000. 79.98% of the stock is owned by institutional investors.

In other Union Pacific news, COO Vincenzo J. Vena acquired 3,206 shares of the company’s stock in a transaction that occurred on Friday, February 28th. The shares were bought at an average price of $155.92 per share, with a total value of $499,879.52. Following the completion of the acquisition, the chief operating officer now owns 19,966 shares in the company, valued at approximately $3,113,098.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Jennifer L. Hamann sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 16th. The stock was sold at an average price of $183.00, for a total transaction of $183,000.00. Following the completion of the transaction, the chief financial officer now directly owns 62,331 shares in the company, valued at approximately $11,406,573. The disclosure for this sale can be found here. Insiders own 9.96% of the company’s stock.

A number of equities analysts have issued reports on the company. Deutsche Bank decreased their price objective on Union Pacific from $215.00 to $205.00 and set a “buy” rating for the company in a report on Thursday, March 12th. TD Securities increased their price target on shares of Union Pacific from $185.00 to $190.00 and gave the company a “hold” rating in a report on Friday, January 24th. Raymond James raised their price target on shares of Union Pacific from $205.00 to $212.00 and gave the company a “strong-buy” rating in a research report on Friday, January 24th. Citigroup raised shares of Union Pacific from a “neutral” rating to a “buy” rating in a research report on Tuesday, January 14th. Finally, Wells Fargo & Co decreased their price objective on shares of Union Pacific from $205.00 to $200.00 and set an “equal weight” rating for the company in a report on Monday, March 9th. One analyst has rated the stock with a sell rating, nine have given a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $187.24.

Union Pacific stock traded up $8.08 during midday trading on Thursday, reaching $140.99. 1,273,446 shares of the company traded hands, compared to its average volume of 7,102,029. Union Pacific Co. has a 12 month low of $105.08 and a 12 month high of $188.96. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.79 and a quick ratio of 0.62. The business has a 50 day moving average of $160.08 and a two-hundred day moving average of $169.71. The firm has a market capitalization of $93.67 billion, a price-to-earnings ratio of 16.80, a price-to-earnings-growth ratio of 1.44 and a beta of 1.12.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, January 23rd. The railroad operator reported $2.02 EPS for the quarter, missing analysts’ consensus estimates of $2.03 by ($0.01). The company had revenue of $5.21 billion during the quarter, compared to the consensus estimate of $5.24 billion. Union Pacific had a return on equity of 32.86% and a net margin of 27.27%. The company’s revenue for the quarter was down 9.5% on a year-over-year basis. During the same period last year, the firm posted $2.12 EPS. As a group, equities analysts forecast that Union Pacific Co. will post 8.98 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, February 28th will be paid a $0.97 dividend. The ex-dividend date of this dividend is Thursday, February 27th. This represents a $3.88 dividend on an annualized basis and a dividend yield of 2.75%. Union Pacific’s dividend payout ratio (DPR) is currently 46.30%.

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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