Baldwin Brothers Inc. MA lowered its position in shares of Union Pacific Co. (NYSE:UNP) by 1.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 68,277 shares of the railroad operator’s stock after selling 1,011 shares during the period. Union Pacific makes up approximately 1.8% of Baldwin Brothers Inc. MA’s portfolio, making the stock its 17th largest position. Baldwin Brothers Inc. MA’s holdings in Union Pacific were worth $13,442,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently made changes to their positions in UNP. NuWave Investment Management LLC bought a new stake in shares of Union Pacific during the second quarter valued at approximately $26,000. Hoover Financial Advisors Inc. bought a new stake in Union Pacific in the 2nd quarter worth approximately $29,000. Your Advocates Ltd. LLP grew its position in Union Pacific by 100.0% in the 2nd quarter. Your Advocates Ltd. LLP now owns 120 shares of the railroad operator’s stock worth $31,000 after purchasing an additional 60 shares during the period. Prestige Wealth Management Group LLC bought a new stake in Union Pacific in the 1st quarter worth approximately $32,000. Finally, Evolution Wealth Advisors LLC grew its position in Union Pacific by 196.8% in the 3rd quarter. Evolution Wealth Advisors LLC now owns 187 shares of the railroad operator’s stock worth $37,000 after purchasing an additional 124 shares during the period. 78.16% of the stock is owned by institutional investors.
A number of equities research analysts have commented on the stock. Goldman Sachs Group lifted their target price on shares of Union Pacific from $182.00 to $205.00 and gave the stock a “buy” rating in a research report on Tuesday, September 1st. Bank of America lifted their target price on shares of Union Pacific from $198.00 to $220.00 and gave the stock a “buy” rating in a research report on Wednesday, September 30th. Credit Suisse Group lifted their target price on shares of Union Pacific from $195.00 to $202.00 and gave the stock an “outperform” rating in a research report on Friday, July 24th. Stifel Nicolaus lifted their target price on shares of Union Pacific from $172.00 to $175.00 and gave the stock a “hold” rating in a research report on Wednesday, July 29th. Finally, Citigroup lifted their target price on shares of Union Pacific from $167.00 to $195.00 and gave the stock a “buy” rating in a research report on Thursday, June 25th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $184.04.
In other Union Pacific news, EVP Elizabeth F. Whited sold 5,376 shares of the business’s stock in a transaction on Friday, September 11th. The shares were sold at an average price of $195.51, for a total value of $1,051,061.76. Following the sale, the executive vice president now owns 62,558 shares in the company, valued at approximately $12,230,714.58. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Todd M. Rynaski sold 1,500 shares of the business’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $190.46, for a total transaction of $285,690.00. Following the completion of the sale, the vice president now owns 10,550 shares in the company, valued at approximately $2,009,353. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 7,876 shares of company stock worth $1,530,542. 0.20% of the stock is owned by corporate insiders.
Shares of UNP traded up $1.04 during trading hours on Friday, reaching $209.85. 3,329,468 shares of the stock traded hands, compared to its average volume of 3,587,916. The company has a current ratio of 0.96, a quick ratio of 0.84 and a debt-to-equity ratio of 1.61. Union Pacific Co. has a 52-week low of $105.08 and a 52-week high of $210.95. The company’s 50-day moving average price is $197.75 and its two-hundred day moving average price is $174.66. The company has a market cap of $142.45 billion, a P/E ratio of 26.04, a price-to-earnings-growth ratio of 2.51 and a beta of 1.03.
Union Pacific (NYSE:UNP) last released its earnings results on Thursday, July 23rd. The railroad operator reported $1.67 earnings per share for the quarter, beating analysts’ consensus estimates of $1.56 by $0.11. Union Pacific had a net margin of 27.54% and a return on equity of 32.45%. The company had revenue of $4.24 billion for the quarter, compared to analysts’ expectations of $4.34 billion. During the same quarter in the previous year, the company earned $2.22 EPS. Union Pacific’s revenue for the quarter was down 24.2% on a year-over-year basis. On average, research analysts forecast that Union Pacific Co. will post 7.8 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, August 31st were paid a dividend of $0.97 per share. This represents a $3.88 dividend on an annualized basis and a dividend yield of 1.85%. The ex-dividend date was Friday, August 28th. Union Pacific’s dividend payout ratio (DPR) is 46.30%.
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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