Archford Capital Strategies LLC reduced its holdings in shares of Union Pacific Co. (NYSE: UNP – Get Rating) by 1.1% in the 1st quarter, HoldingsChannel.com reports. The fund owned 6,879 shares of the railroad operator’s stock after selling 74 shares during the quarter. Archford Capital Strategies LLC’s holdings in Union Pacific were worth $ 1,734,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Mountain Pacific Investment Advisers Inc. ID raised its position in shares of Union Pacific by 6.2% in the fourth quarter. Mountain Pacific Investment Advisers Inc. ID now owns 2,753 shares of the railroad operator’s stock valued at $ 694,000 after purchasing an additional 160 shares during the period. PFG Private Wealth Management LLC lifted its position in Union Pacific by 23.3% during the fourth quarter. PFG Private Wealth Management LLC now owns 428 shares of the railroad operator’s stock worth $ 108,000 after acquiring an additional 81 shares during the last quarter. CWM LLC bought a new stake in Union Pacific shares during the fourth quarter worth approximately $ 4,067,000. Laurel Wealth Advisors Inc. grew its position in shares of Union Pacific by 266.6% in the fourth quarter. Laurel Wealth Advisors Inc. now owns 5,466 shares of the railroad operator’s stock valued at $ 1,377,000 after purchasing an additional 3,975 shares during the last quarter. Finally, Berger Financial Group Inc increased its stake in shares of Union Pacific by 37.0% during the fourth quarter. Berger Financial Group Inc now owns 2,453 shares of the railroad operator’s stock worth $ 618,000 after purchasing an additional 663 shares during the period. Institutional investors and hedge funds own 80.26% of the company stock.
A number of research analysts have commented on the company. Raymond James upped their price objective on Union Pacific from $ 280.00 to $ 285.00 and gave the company a “strong-buy” rating in a report on Friday, April 22nd. Citigroup lowered shares of Union Pacific from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $ 287.00 to $ 235.00 in a research report on Thursday, May 19th. Royal Bank of Canada downgraded shares of Union Pacific from an “outperform” rating to a “sector perform” rating and dropped their price target for the company from $ 271.00 to $ 258.00 in a research report on Thursday, March 17th. TD Securities lifted their price objective on Union Pacific from $ 265.00 to $ 275.00 and gave the company a “hold” rating in a report on Friday, April 22nd. Finally, The Goldman Sachs Group increased their target price on Union Pacific from $ 271.00 to $ 276.00 in a report on Thursday, April 21st. Eight analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $ 264.23.
NYSE: UNP opened at $ 215.78 on Monday. Union Pacific Co. has a one year low of $ 195.68 and a one year high of $ 278.94. The company has a debt-to-equity ratio of 2.58, a current ratio of 0.71 and a quick ratio of 0.58. The company has a market cap of $ 135.52 billion, a PE ratio of 20.51, a P / E / G ratio of 1.86 and a beta of 1.22. The firm’s 50 day simple moving average is $ 224.07 and its 200 day simple moving average is $ 241.45.
Union Pacific (NYSE: UNP – Get Rating) last issued its quarterly earnings results on Thursday, April 21st. The railroad operator reported $ 2.57 EPS for the quarter, topping analysts’ consensus estimates of $ 2.55 by $ 0.02. The company had revenue of $ 5.86 billion for the quarter, compared to analyst estimates of $ 5.76 billion. Union Pacific had a net margin of 30.06% and a return on equity of 50.20%. Union Pacific’s revenue was up 17.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $ 2.00 earnings per share. Equities research analysts expect that Union Pacific Co. will post 11.61 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, June 30th. Shareholders of record on Tuesday, May 31st will be given a $ 1.30 dividend. This represents a $ 5.20 dividend on an annualized basis and a dividend yield of 2.41%. The ex-dividend date of this dividend is Friday, May 27th. This is a positive change from Union Pacific’s previous quarterly dividend of $ 1.18. Union Pacific’s payout ratio is 49.43%.
In related news, EVP Kenyatta G. Rocker sold 4,018 shares of Union Pacific stock in a transaction that occurred on Thursday, April 21st. The stock was sold at an average price of $ 250.00, for a total value of $ 1,004,500.00. Following the transaction, the executive vice president now directly owns 41,177 shares of the company stock, valued at $ 10,294,250. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.28% of the company stock.
About Union Pacific: (Get Rating)
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, and other agricultural users; petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.
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