Pendal Group Ltd lessened its holdings in Union Pacific Co. (NYSE:UNP) by 80.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 31,727 shares of the railroad operator’s stock after selling 127,012 shares during the period. Pendal Group Ltd’s holdings in Union Pacific were worth $4,265,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also made changes to their positions in UNP. Acropolis Investment Management LLC purchased a new stake in shares of Union Pacific in the 4th quarter valued at $107,000. Icon Wealth Partners LLC purchased a new stake in shares of Union Pacific in the 4th quarter valued at $119,000. Ballew Advisors Inc purchased a new stake in shares of Union Pacific in the 1st quarter valued at $145,000. Exane Derivatives raised its holdings in shares of Union Pacific by 55,600.0% in the 4th quarter. Exane Derivatives now owns 1,114 shares of the railroad operator’s stock valued at $149,000 after buying an additional 1,112 shares during the period. Finally, Certified Advisory Corp purchased a new stake in shares of Union Pacific in the 4th quarter valued at $175,000. 81.06% of the stock is currently owned by institutional investors and hedge funds.
Several equities research analysts recently issued reports on UNP shares. Zacks Investment Research downgraded Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, March 6th. Argus boosted their price objective on Union Pacific from $130.00 to $155.00 and gave the company a “buy” rating in a report on Thursday, February 1st. Morgan Stanley boosted their price objective on Union Pacific from $105.00 to $125.00 and gave the company an “equal weight” rating in a report on Friday, January 26th. Robert W. Baird reiterated a “hold” rating and issued a $148.00 price objective on shares of Union Pacific in a report on Tuesday, April 10th. Finally, ValuEngine upgraded Union Pacific from a “hold” rating to a “buy” rating in a report on Wednesday, May 9th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and twelve have given a buy rating to the company’s stock. Union Pacific has an average rating of “Hold” and a consensus price target of $138.95.
In other news, CFO Robert M. Knight, Jr. sold 25,000 shares of the company’s stock in a transaction dated Tuesday, March 20th. The stock was sold at an average price of $137.39, for a total transaction 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 approximately $14,634,508.02. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Elizabeth F. Whited sold 15,576 shares of the company’s 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 transaction, the executive vice president now directly owns 65,613 shares of the company’s stock, valued at $8,778,363.27. The disclosure for this sale can be found here. Corporate insiders own 0.20% of the company’s stock.
Shares of Union Pacific opened at $143.80 on Friday, according to Marketbeat Ratings. The company has a current ratio of 0.82, a quick ratio of 0.65 and a debt-to-equity ratio of 0.64. Union Pacific Co. has a 1-year low of $101.06 and a 1-year high of $144.45. The stock has a market cap of $109.75 billion, a price-to-earnings ratio of 24.84, a P/E/G ratio of 1.76 and a beta of 0.79.
Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, April 26th. The railroad operator reported $1.68 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.66 by $0.02. Union Pacific had a return on equity of 22.16% and a net margin of 50.73%. The company had revenue of $5.47 billion for the quarter, compared to the consensus estimate of $5.39 billion. During the same quarter in the prior year, the business earned $1.32 EPS. Union Pacific’s revenue was up 6.7% on a year-over-year basis. research analysts expect that Union Pacific Co. will post 7.59 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 29th. Stockholders of record on Thursday, May 31st will be given a dividend of $0.73 per share. The ex-dividend date of this dividend is Wednesday, May 30th. This represents a $2.92 annualized dividend and a dividend yield of 2.03%. Union Pacific’s dividend payout ratio is currently 50.43%.
Union Pacific Profile
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash.
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