Moloney Securities Asset Management LLC Boosts Stock Position in Union Pacific Co. (NYSE:UNP)

Moloney Securities Asset Management LLC boosted its position in Union Pacific Co. (NYSE:UNP) by 13.8% in the 1st quarter, HoldingsChannel reports. The firm owned 6,438 shares of the railroad operator’s stock after purchasing an additional 782 shares during the period. Moloney Securities Asset Management LLC’s holdings in Union Pacific were worth $1,419,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in Union Pacific in the fourth quarter valued at $1,403,262,000. FMR LLC increased its holdings in Union Pacific by 22.8% in the 4th quarter. FMR LLC now owns 10,276,326 shares of the railroad operator’s stock valued at $2,139,736,000 after purchasing an additional 1,908,977 shares in the last quarter. Maj Invest Holding A S raised its position in Union Pacific by 53.4% in the fourth quarter. Maj Invest Holding A S now owns 1,788,062 shares of the railroad operator’s stock valued at $372,308,000 after purchasing an additional 622,137 shares during the period. Findlay Park Partners LLP acquired a new position in shares of Union Pacific during the fourth quarter worth about $116,502,000. Finally, Morgan Stanley boosted its position in shares of Union Pacific by 10.6% in the fourth quarter. Morgan Stanley now owns 5,297,288 shares of the railroad operator’s stock worth $1,103,003,000 after buying an additional 509,251 shares during the period. Institutional investors own 77.83% of the company’s stock.

Shares of UNP stock opened at $223.74 on Tuesday. The stock has a 50-day simple moving average of $219.89 and a 200 day simple moving average of $208.06. The stock has a market capitalization of $148.63 billion, a P/E ratio of 28.50, a P/E/G ratio of 2.33 and a beta of 1.11. Union Pacific Co. has a fifty-two week low of $147.05 and a fifty-two week high of $228.32. The company has a quick ratio of 0.93, a current ratio of 1.06 and a debt-to-equity ratio of 1.52.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Wednesday, April 21st. The railroad operator reported $2.00 earnings per share for the quarter, missing the Zacks’ consensus estimate of $2.06 by ($0.06). The business had revenue of $5 billion during the quarter, compared to analyst estimates of $5.07 billion. Union Pacific had a net margin of 27.40% and a return on equity of 31.71%. Union Pacific’s revenue was down 4.4% compared to the same quarter last year. During the same period in the previous year, the company posted $2.15 earnings per share. On average, sell-side analysts anticipate that Union Pacific Co. will post 8.02 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 31st. Investors of record on Friday, February 26th were paid a $0.97 dividend. The ex-dividend date of this dividend was Thursday, February 25th. This represents a $3.88 dividend on an annualized basis and a yield of 1.73%. Union Pacific’s dividend payout ratio is currently 46.30%.

In related news, VP Todd M. Rynaski sold 7,698 shares of the business’s stock in a transaction that occurred on Monday, March 8th. The shares were sold at an average price of $212.00, for a total transaction of $1,631,976.00. Following the transaction, the vice president now directly owns 17,197 shares of the company’s stock, valued at $3,645,764. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Elizabeth F. Whited sold 1,491 shares of the company’s stock in a transaction that occurred on Monday, March 8th. The shares were sold at an average price of $215.00, for a total transaction of $320,565.00. Following the completion of the transaction, the executive vice president now owns 34,124 shares in the company, valued at approximately $7,336,660. The disclosure for this sale can be found here. 0.20% of the stock is owned by corporate insiders.

Several equities analysts recently commented on the company. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell boosted their price target on Union Pacific from $215.00 to $250.00 in a research report on Monday, January 11th. Raymond James boosted their target price on shares of Union Pacific from $245.00 to $255.00 and gave the stock a “strong-buy” rating in a research report on Wednesday, April 21st. UBS Group raised their price target on shares of Union Pacific from $219.00 to $230.00 and gave the company a “buy” rating in a report on Friday, January 22nd. BMO Capital Markets raised their target price on Union Pacific from $230.00 to $240.00 and gave the company an “outperform” rating in a research note on Friday, April 23rd. Finally, TD Securities boosted their price target on Union Pacific from $240.00 to $245.00 and gave the stock a “hold” rating in a research note on Friday, April 23rd. One analyst has rated the stock with a sell rating, six have assigned a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $217.57.

Union Pacific Company Profile

Union Pacific Corp. engages in the provision of railroad and freight transportation services. Its principal operating company, Union Pacific Railroad Co, operates as a railroad franchise. The Railroad’s diversified business mix includes agricultural products, automotive, chemicals, coal, industrial products, and intermodal.

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

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