InterOcean Capital LLC raised its position in shares of Union Pacific Co. (NYSE:UNP) by 6.3% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,792 shares of the railroad operator’s stock after purchasing an additional 106 shares during the period. InterOcean Capital LLC’s holdings in Union Pacific were worth $253,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently modified their holdings of the business. Orser Capital Management LLC increased its position in shares of Union Pacific by 2.6% during the 4th quarter. Orser Capital Management LLC now owns 3,896 shares of the railroad operator’s stock valued at $702,000 after purchasing an additional 100 shares during the last quarter. Candriam Luxembourg S.C.A. grew its position in Union Pacific by 18.5% during the fourth quarter. Candriam Luxembourg S.C.A. now owns 193,380 shares of the railroad operator’s stock valued at $34,961,000 after acquiring an additional 30,192 shares during the last quarter. TLW Wealth Management LLC raised its stake in shares of Union Pacific by 0.9% during the fourth quarter. TLW Wealth Management LLC now owns 35,663 shares of the railroad operator’s stock worth $6,448,000 after acquiring an additional 325 shares in the last quarter. J.W. Cole Advisors Inc. purchased a new position in shares of Union Pacific during the fourth quarter worth approximately $1,557,000. Finally, Chicago Partners Investment Group LLC lifted its holdings in shares of Union Pacific by 1.9% in the 4th quarter. Chicago Partners Investment Group LLC now owns 13,671 shares of the railroad operator’s stock worth $2,514,000 after acquiring an additional 251 shares during the last quarter. 79.76% of the stock is owned by hedge funds and other institutional investors.
Shares of UNP traded up $1.57 during trading hours on Friday, reaching $165.16. 1,704,326 shares of the company traded hands, compared to its average volume of 3,348,208. Union Pacific Co. has a 12 month low of $105.08 and a 12 month high of $188.96. The company has a quick ratio of 0.67, a current ratio of 0.82 and a debt-to-equity ratio of 1.65. The company’s fifty day moving average price is $151.96 and its two-hundred day moving average price is $165.94. The company has a market capitalization of $111.01 billion, a price-to-earnings ratio of 19.18, a price-to-earnings-growth ratio of 2.13 and a beta of 1.07.
Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, April 23rd. The railroad operator reported $2.15 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.90 by $0.25. Union Pacific had a net margin of 27.85% and a return on equity of 34.15%. The business had revenue of $5.23 billion during the quarter, compared to analyst estimates of $5.08 billion. During the same period last year, the business posted $1.93 earnings per share. Union Pacific’s quarterly revenue was down 2.9% compared to the same quarter last year. On average, analysts expect that Union Pacific Co. will post 7.7 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, May 29th will be paid a $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a dividend yield of 2.35%. The ex-dividend date of this dividend is Thursday, May 28th. Union Pacific’s payout ratio is presently 46.30%.
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 acquired at an average price of $155.92 per share, with a total value of $499,879.52. Following the completion of the purchase, the chief operating officer now directly owns 19,966 shares of the company’s stock, valued at approximately $3,113,098.72. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director William J. Delaney III acquired 15,000 shares of the business’s stock in a transaction on Tuesday, March 31st. The stock was acquired at an average price of $138.20 per share, for a total transaction of $2,073,000.00. Following the acquisition, the director now owns 20,000 shares of the company’s stock, valued at approximately $2,764,000. The disclosure for this purchase can be found here. Insiders own 0.20% of the company’s stock.
A number of equities analysts recently commented on UNP shares. Credit Suisse Group lifted their target price on shares of Union Pacific from $168.00 to $175.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Barclays lowered their target price on Union Pacific from $200.00 to $140.00 and set an “equal weight” rating for the company in a research note on Thursday, April 9th. Zacks Investment Research upgraded Union Pacific from a “sell” rating to a “hold” rating and set a $166.00 target price for the company in a report on Monday, April 27th. Stephens lifted their price target on Union Pacific from $167.00 to $176.00 and gave the stock an “overweight” rating in a research note on Friday, April 24th. Finally, Stifel Nicolaus boosted their price objective on Union Pacific from $144.00 to $157.00 and gave the company a “hold” rating in a research report on Friday, April 24th. Eleven analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $172.68.
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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