Moloney Securities Asset Management LLC acquired a new stake in shares of Union Pacific Co. (NYSE:UNP) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 4,519 shares of the railroad operator’s stock, valued at approximately $469,000.
Other large investors have also recently added to or reduced their stakes in the company. Intellectus Partners LLC purchased a new stake in Union Pacific during the fourth quarter valued at $410,000. First Republic Investment Management Inc. increased its stake in Union Pacific by 6.0% in the fourth quarter. First Republic Investment Management Inc. now owns 203,221 shares of the railroad operator’s stock valued at $21,069,000 after buying an additional 11,553 shares during the period. Franklin Resources Inc. increased its stake in Union Pacific by 2.3% in the fourth quarter. Franklin Resources Inc. now owns 12,251,103 shares of the railroad operator’s stock valued at $1,270,194,000 after buying an additional 279,775 shares during the period. GSA Capital Partners LLP purchased a new stake in Union Pacific during the fourth quarter valued at $233,000. Finally, Girard Securities Inc. increased its stake in Union Pacific by 11.7% in the fourth quarter. Girard Securities Inc. now owns 3,045 shares of the railroad operator’s stock valued at $316,000 after buying an additional 319 shares during the period. 79.43% of the stock is currently owned by institutional investors.
Union Pacific Co. (NYSE:UNP) opened at 103.96 on Friday. The company has a market capitalization of $84.60 billion, a price-to-earnings ratio of 20.50 and a beta of 0.71. The stock has a 50 day moving average price of $107.29 and a 200 day moving average price of $101.25. Union Pacific Co. has a 52-week low of $77.29 and a 52-week high of $111.38.
Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, January 19th. The railroad operator reported $1.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.33 by $0.06. Union Pacific had a net margin of 21.23% and a return on equity of 20.88%. The company earned $5.20 billion during the quarter, compared to analyst estimates of $5.09 billion. During the same period in the previous year, the business earned $1.31 earnings per share. The firm’s quarterly revenue was down .8% compared to the same quarter last year. Equities research analysts forecast that Union Pacific Co. will post $5.62 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, March 31st. Investors of record on Tuesday, February 28th will be given a $0.605 dividend. The ex-dividend date of this dividend is Friday, February 24th. This represents a $2.42 annualized dividend and a yield of 2.33%. Union Pacific’s dividend payout ratio (DPR) is presently 47.64%.
Several research firms recently weighed in on UNP. Loop Capital reissued a “hold” rating on shares of Union Pacific in a report on Saturday. Royal Bank of Canada reissued a “hold” rating and set a $115.00 price objective on shares of Union Pacific in a report on Friday. Credit Suisse Group AG reissued a “buy” rating and set a $123.00 price objective on shares of Union Pacific in a report on Friday. Wells Fargo & Co began coverage on Union Pacific in a report on Monday, March 13th. They set a “market perform” rating and a $115.00 price objective on the stock. Finally, Zacks Investment Research downgraded Union Pacific from a “buy” rating to a “hold” rating in a report on Monday, February 20th. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $104.90.
In related news, Director Andrew H. Card, Jr. sold 4,000 shares of the company’s stock in a transaction on Wednesday, January 25th. The shares were sold at an average price of $109.53, for a total value of $438,120.00. Following the completion of the transaction, the director now directly owns 22,400 shares in the company, valued at $2,453,472. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Elizabeth F. Whited sold 1,000 shares of the company’s stock in a transaction on Friday, March 10th. The stock was sold at an average price of $106.89, for a total transaction of $106,890.00. Following the completion of the transaction, the executive vice president now owns 50,583 shares of the company’s stock, valued at $5,406,816.87. The disclosure for this sale can be found here. 0.14% of the stock is currently owned by insiders.
Union Pacific Company Profile
Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.
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