US Bancorp DE cut its position in shares of Union Pacific Co. (NYSE:UNP) by 1.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,021,165 shares of the railroad operator’s stock after selling 13,471 shares during the quarter. US Bancorp DE owned about 0.13% of Union Pacific worth $137,276,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Dempze Nancy E lifted its stake in shares of Union Pacific by 46.6% in the fourth quarter. Dempze Nancy E now owns 3,460 shares of the railroad operator’s stock valued at $465,000 after buying an additional 1,100 shares in the last quarter. Reilly Herbert Faulkner III lifted its position in shares of Union Pacific by 1.7% during the fourth quarter. Reilly Herbert Faulkner III now owns 41,269 shares of the railroad operator’s stock valued at $5,534,000 after purchasing an additional 699 shares in the last quarter. FTB Advisors Inc. lifted its position in shares of Union Pacific by 2.1% during the fourth quarter. FTB Advisors Inc. now owns 69,603 shares of the railroad operator’s stock valued at $9,438,000 after purchasing an additional 1,462 shares in the last quarter. Financial Life Advisors bought a new position in shares of Union Pacific during the fourth quarter valued at about $220,000. Finally, Polaris Greystone Financial Group LLC lifted its position in shares of Union Pacific by 3.0% during the fourth quarter. Polaris Greystone Financial Group LLC now owns 177,964 shares of the railroad operator’s stock valued at $23,865,000 after purchasing an additional 5,176 shares in the last quarter. Institutional investors own 78.98% of the company’s stock.
In other news, EVP Elizabeth F. Whited sold 15,576 shares of the company’s stock in a transaction dated Tuesday, April 3rd. The shares were sold at an average price of $133.79, for a total transaction of $2,083,913.04. Following the completion of the sale, the executive vice president now owns 65,613 shares of the company’s stock, valued at approximately $8,778,363.27. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Robert M. Knight, Jr. sold 25,000 shares of the company’s stock in a transaction dated Tuesday, March 20th. The shares were sold at an average price of $137.39, for a total transaction of $3,434,750.00. Following the sale, the chief financial officer now directly owns 106,518 shares of the company’s stock, valued at approximately $14,634,508.02. The disclosure for this sale can be found here. Insiders own 0.20% of the company’s stock.
A number of research firms recently issued reports on UNP. Morgan Stanley raised their price objective on shares of Union Pacific from $125.00 to $136.00 and gave the stock an “equal weight” rating in a report on Friday, June 1st. Deutsche Bank upgraded shares of Union Pacific from a “hold” rating to a “buy” rating and set a $158.00 price objective for the company in a report on Monday, April 2nd. Zacks Investment Research downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, March 6th. Loop Capital lifted their target price on shares of Union Pacific to $145.00 and gave the stock a “hold” rating in a research note on Friday, April 27th. Finally, Stifel Nicolaus set a $151.00 target price on shares of Union Pacific and gave the stock a “hold” rating in a research note on Thursday, May 24th. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and twelve have issued a buy rating to the company’s stock. Union Pacific has a consensus rating of “Hold” and an average price target of $146.70.
Union Pacific stock traded down $1.82 during mid-day trading on Wednesday, reaching $144.28. 3,007,481 shares of the company traded hands, compared to its average volume of 4,611,194. The company has a current ratio of 0.82, a quick ratio of 0.65 and a debt-to-equity ratio of 0.64. The company has a market cap of $112.54 billion, a P/E ratio of 24.92, a PEG ratio of 1.79 and a beta of 0.80. Union Pacific Co. has a 52-week low of $101.06 and a 52-week high of $148.03.
Union Pacific (NYSE:UNP) last released its earnings results on Thursday, April 26th. The railroad operator reported $1.68 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.66 by $0.02. The firm had revenue of $5.47 billion for the quarter, compared to the consensus estimate of $5.39 billion. Union Pacific had a net margin of 50.73% and a return on equity of 22.16%. The company’s revenue was up 6.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.32 EPS. analysts predict that Union Pacific Co. will post 7.63 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, June 29th. Investors of record on Thursday, May 31st will be paid a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a yield of 2.02%. The ex-dividend date of this dividend is Wednesday, May 30th. Union Pacific’s payout ratio is 50.43%.
About Union Pacific
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash.
Receive News & Ratings for Union Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific and related companies with MarketBeat.com's FREE daily email newsletter.