Haverford Financial Services Inc. purchased a new stake in shares of Union Pacific Co. (NYSE:UNP) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 4,292 shares of the railroad operator’s stock, valued at approximately $498,000.
Several other large investors have also recently bought and sold shares of the company. Sawgrass Asset Management LLC grew its holdings in shares of Union Pacific by 31.0% during the third quarter. Sawgrass Asset Management LLC now owns 222,935 shares of the railroad operator’s stock valued at $25,854,000 after buying an additional 52,765 shares during the last quarter. NorthCoast Asset Management LLC purchased a new stake in shares of Union Pacific during the third quarter valued at approximately $15,204,000. Guyasuta Investment Advisors Inc. grew its holdings in shares of Union Pacific by 8.7% during the third quarter. Guyasuta Investment Advisors Inc. now owns 12,539 shares of the railroad operator’s stock valued at $1,454,000 after buying an additional 1,003 shares during the last quarter. Van ECK Associates Corp grew its holdings in shares of Union Pacific by 1.1% during the third quarter. Van ECK Associates Corp now owns 485,400 shares of the railroad operator’s stock valued at $56,292,000 after buying an additional 5,400 shares during the last quarter. Finally, Johnson Financial Group LLC grew its holdings in shares of Union Pacific by 19.0% during the third quarter. Johnson Financial Group LLC now owns 3,045 shares of the railroad operator’s stock valued at $353,000 after buying an additional 487 shares during the last quarter. Hedge funds and other institutional investors own 78.62% of the company’s stock.
Several equities research analysts recently issued reports on UNP shares. UBS Group dropped their target price on shares of Union Pacific from $164.00 to $162.00 and set a “buy” rating on the stock in a report on Friday, January 26th. Daiwa Capital Markets upgraded shares of Union Pacific from a “hold” rating to an “outperform” rating in a report on Thursday, January 11th. Goldman Sachs Group started coverage on shares of Union Pacific in a report on Monday, November 13th. They issued a “sell” rating and a $103.00 target price on the stock. Morgan Stanley raised their target price on shares of Union Pacific from $100.00 to $104.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 31st. Finally, Zacks Investment Research cut shares of Union Pacific from a “hold” rating to a “sell” rating in a report on Saturday, January 6th. Three equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and nine have given a buy rating to the stock. Union Pacific currently has an average rating of “Hold” and an average price target of $130.40.
Shares of Union Pacific Co. (NYSE UNP) traded up $2.42 during trading on Friday, hitting $127.28. 9,147,801 shares of the stock traded hands, compared to its average volume of 5,840,000. The stock has a market cap of $100,190.00, a PE ratio of 9.42, a PEG ratio of 1.61 and a beta of 0.84. Union Pacific Co. has a 1-year low of $101.06 and a 1-year high of $143.05. The company has a quick ratio of 0.97, a current ratio of 1.03 and a debt-to-equity ratio of 0.65.
Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, January 25th. The railroad operator reported $1.53 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.54 by ($0.01). The business had revenue of $5.45 billion for the quarter, compared to analysts’ expectations of $5.44 billion. Union Pacific had a return on equity of 22.26% and a net margin of 50.43%. The company’s revenue was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.39 EPS. equities research analysts expect that Union Pacific Co. will post 7.52 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Wednesday, February 28th will be given a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a dividend yield of 2.29%. This is an increase from Union Pacific’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend is Tuesday, February 27th. Union Pacific’s dividend payout ratio (DPR) is presently 19.69%.
About Union Pacific
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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