Pin Oak Investment Advisors Inc. Invests $278,000 in Union Pacific Co. (UNP) Stock

Pin Oak Investment Advisors Inc. acquired a new stake in Union Pacific Co. (NYSE:UNP) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 2,070 shares of the railroad operator’s stock, valued at approximately $278,000.

Other hedge funds have also recently made changes to their positions in the company. Clear Perspective Advisors LLC increased its stake in shares of Union Pacific by 3.9% in the 2nd quarter. Clear Perspective Advisors LLC now owns 11,097 shares of the railroad operator’s stock worth $1,209,000 after acquiring an additional 412 shares during the last quarter. San Francisco Sentry Investment Group CA increased its stake in shares of Union Pacific by 0.8% in the 2nd quarter. San Francisco Sentry Investment Group CA now owns 19,617 shares of the railroad operator’s stock worth $2,137,000 after acquiring an additional 151 shares during the last quarter. Janus Henderson Group PLC increased its stake in shares of Union Pacific by 990.5% in the 2nd quarter. Janus Henderson Group PLC now owns 2,243,574 shares of the railroad operator’s stock worth $244,339,000 after acquiring an additional 2,037,834 shares during the last quarter. Colonial Trust Advisors increased its stake in shares of Union Pacific by 28.1% in the 2nd quarter. Colonial Trust Advisors now owns 79,344 shares of the railroad operator’s stock worth $8,641,000 after acquiring an additional 17,401 shares during the last quarter. Finally, FTB Advisors Inc. increased its stake in shares of Union Pacific by 36.9% in the 2nd quarter. FTB Advisors Inc. now owns 64,181 shares of the railroad operator’s stock worth $6,907,000 after acquiring an additional 17,311 shares during the last quarter. Institutional investors own 79.95% of the company’s stock.

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UNP has been the subject of a number of recent research reports. BMO Capital Markets reaffirmed a “buy” rating and issued a $150.00 target price on shares of Union Pacific in a research note on Monday, January 8th. UBS raised Union Pacific from a “neutral” rating to a “buy” rating in a research note on Friday, January 5th. Zacks Investment Research raised Union Pacific from a “hold” rating to a “buy” rating and set a $157.00 target price for the company in a research note on Monday, January 15th. TD Securities cut their target price on Union Pacific from $155.00 to $150.00 and set a “buy” rating for the company in a research note on Friday, January 26th. Finally, Argus raised their target price on Union Pacific from $130.00 to $155.00 and gave the stock a “buy” rating in a research note on Thursday, February 1st. Three analysts have rated the stock with a sell rating, twelve have issued a hold rating and eleven have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $137.70.

Shares of NYSE:UNP opened at $134.42 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.02 and a quick ratio of 0.83. The stock has a market cap of $101,403.16, a P/E ratio of 23.22, a price-to-earnings-growth ratio of 1.61 and a beta of 0.79. Union Pacific Co. has a 12-month low of $101.06 and a 12-month high of $143.05.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, January 25th. The railroad operator reported $1.53 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.54 by ($0.01). The business had revenue of $5.45 billion for the quarter, compared to analyst estimates of $5.44 billion. Union Pacific had a return on equity of 22.26% and a net margin of 50.43%. The firm’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period in the previous year, the business posted $1.39 earnings per share. sell-side analysts forecast that Union Pacific Co. will post 7.56 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 30th. Investors of record on Wednesday, February 28th were given a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a dividend yield of 2.17%. This is an increase from Union Pacific’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend was Tuesday, February 27th. Union Pacific’s dividend payout ratio (DPR) is presently 50.43%.

In other Union Pacific news, EVP Elizabeth F. Whited sold 15,576 shares of Union Pacific stock in a transaction dated Tuesday, April 3rd. The stock was sold at an average price of $133.79, for a total value of $2,083,913.04. Following the completion of the transaction, the executive vice president now directly owns 65,613 shares of the company’s stock, valued at approximately $8,778,363.27. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Robert M. Knight, Jr. sold 25,000 shares of Union Pacific stock in a transaction dated Tuesday, March 20th. The shares were sold at an average price of $137.39, for a total value of $3,434,750.00. Following the completion of the transaction, the chief financial officer now directly owns 106,518 shares of the company’s stock, valued at $14,634,508.02. The disclosure for this sale can be found here. 0.20% of the stock is currently owned by company insiders.

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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.

Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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