Creative Financial Designs Inc. ADV raised its stake in Union Pacific Co. (NYSE: UNP – Get Rating) by 7.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,999 shares of the railroad operator’s stock after purchasing an additional 195 shares during the period. Creative Financial Designs Inc. ADV’s holdings in Union Pacific were worth $ 819,000 at the end of the most recent quarter.
Several other large investors also recently added to or reduced their stakes in UNP. Norges Bank acquired a new position in shares of Union Pacific in the fourth quarter valued at $ 1,449,526,000. BlackRock Inc. increased its holdings in shares of Union Pacific by 6.4% in the fourth quarter. BlackRock Inc. now owns 45,822,201 shares of the railroad operator’s stock valued at $ 11,543,985,000 after purchasing an additional 2,776,330 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its holdings in shares of Union Pacific by 316.9% in the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 2,965,684 shares of the railroad operator’s stock valued at $ 740,073,000 after purchasing an additional 2,254,336 shares during the last quarter. Cibc World Markets Corp grew its stake in shares of Union Pacific by 1,083.0% in the fourth quarter. Cibc World Markets Corp now owns 758,686 shares of the railroad operator’s stock valued at $ 191,136,000 after acquiring an additional 694,556 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC acquired a new position in shares of Union Pacific in the fourth quarter valued at about $ 168,964,000. Hedge funds and other institutional investors own 80.26% of the company stock.
Several research firms recently commented on UNP. UBS Group downgraded shares of Union Pacific from a “buy” rating to a “neutral” rating and decreased their price target for the company from $ 283.00 to $ 267.00 in a research note on Friday, April 22nd. TD Securities upped their price target on shares of Union Pacific from $ 265.00 to $ 275.00 and gave the company a “hold” rating in a research note on Friday, April 22nd. JPMorgan Chase & Co. upped their price target on shares of Union Pacific from $ 267.00 to $ 276.00 and gave the company an “overweight” rating in a research note on Friday, April 8th. Susquehanna upped their price target on Union Pacific shares from $ 306.00 to $ 310.00 and gave the company a “positive” rating in a research note on Thursday, April 7th. Finally, Susquehanna Bancshares upped their price target on Union Pacific shares from $ 306.00 to $ 310.00 in a research note on Thursday, April 7th. Eight investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and a consensus price target of $ 264.23.
UNP stock opened at $ 215.78 on Monday. The stock has a market capitalization of $ 135.52 billion, a P / E ratio of 20.51, a price-to-earnings-growth ratio of 1.86 and a beta of 1.22. The company has a current ratio of 0.71, a quick ratio of 0.58 and a debt-to-equity ratio of 2.58. Union Pacific Co. has a 12 month low of $ 195.68 and a 12 month high of $ 278.94. The firm has a 50-day moving average price of $ 224.07 and a 200-day moving average price of $ 241.45.
Union Pacific (NYSE: UNP – Get Rating) last posted its 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 firm had revenue of $ 5.86 billion during the quarter, compared to analysts’ expectations of $ 5.76 billion. Union Pacific had a net margin of 30.06% and a return on equity of 50.20%. The business’s revenue for the quarter was up 17.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $ 2.00 earnings per share. As a group, equities analysts predict that Union Pacific Co. will post 11.61 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 30th. Stockholders of record on Tuesday, May 31st will be paid a $ 1.30 dividend. The ex-dividend date is Friday, May 27th. This represents a $ 5.20 annualized dividend and a dividend yield of 2.41%. This is an increase from Union Pacific’s previous quarterly dividend of $ 1.18. Union Pacific’s dividend payout ratio is currently 49.43%.
In other news, EVP Kenyatta G. Rocker sold 4,018 shares of the company 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 completion of the transaction, the executive vice president now owns 41,177 shares of the company stock, valued at $ 10,294,250. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 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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