Ashford Capital Management Inc. maintained its position in shares of Union Pacific Co. (NYSE:UNP) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 41,810 shares of the railroad operator’s stock at the close of the 2nd quarter. Ashford Capital Management Inc.’s holdings in Union Pacific were worth $4,554,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. WFG Advisors LP lifted its holdings in Union Pacific by 8.7% in the 2nd quarter. WFG Advisors LP now owns 8,523 shares of the railroad operator’s stock worth $928,000 after purchasing an additional 681 shares during the last quarter. Cetera Investment Advisers increased its position in Union Pacific by 6.1% in the 2nd quarter. Cetera Investment Advisers now owns 8,220 shares of the railroad operator’s stock worth $893,000 after buying an additional 473 shares during the period. Advisory Services Network LLC increased its position in Union Pacific by 112.5% in the 2nd quarter. Advisory Services Network LLC now owns 15,716 shares of the railroad operator’s stock worth $1,712,000 after buying an additional 8,320 shares during the period. U S Global Investors Inc. bought a new position in Union Pacific in the 2nd quarter worth approximately $682,000. Finally, Beaton Management Co. Inc. bought a new position in Union Pacific in the 2nd quarter worth approximately $1,247,000. Hedge funds and other institutional investors own 78.63% of the company’s stock.
UNP has been the topic of several recent analyst reports. BidaskClub raised Union Pacific from a “strong sell” rating to a “sell” rating in a research report on Friday, August 18th. Stifel Nicolaus lifted their price target on Union Pacific from $118.00 to $120.00 and gave the stock a “hold” rating in a research report on Friday, August 18th. Royal Bank of Canada reaffirmed a “hold” rating and issued a $115.00 price target on shares of Union Pacific in a research report on Friday, August 25th. BMO Capital Markets reaffirmed a “buy” rating and issued a $123.00 price target on shares of Union Pacific in a research report on Friday, September 15th. Finally, Robert W. Baird reaffirmed a “hold” rating and issued a $116.00 price target on shares of Union Pacific in a research report on Sunday, September 17th. Three research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and four have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $120.00.
Union Pacific Co. (NYSE:UNP) traded down $1.14 on Friday, hitting $129.17. The stock had a trading volume of 4,570,300 shares, compared to its average volume of 3,610,271. The company has a market capitalization of $102,575.96, a PE ratio of 23.02, a PEG ratio of 2.11 and a beta of 0.90. The company has a current ratio of 1.16, a quick ratio of 0.97 and a debt-to-equity ratio of 0.83. Union Pacific Co. has a 1-year low of $101.06 and a 1-year high of $132.39.
Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, October 26th. The railroad operator reported $1.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.49 by $0.01. The business had revenue of $5.41 billion for the quarter, compared to analysts’ expectations of $5.32 billion. Union Pacific had a return on equity of 23.35% and a net margin of 21.84%. Union Pacific’s quarterly revenue was up 4.5% on a year-over-year basis. During the same period in the previous year, the business posted $1.36 earnings per share. analysts anticipate that Union Pacific Co. will post 5.78 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 28th. Stockholders of record on Thursday, November 30th will be given a dividend of $0.665 per share. The ex-dividend date is Wednesday, November 29th. This is a boost from Union Pacific’s previous quarterly dividend of $0.61. This represents a $2.66 dividend on an annualized basis and a dividend yield of 2.06%. Union Pacific’s payout ratio is currently 47.00%.
About Union Pacific
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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