Teacher Retirement System of Texas boosted its holdings in shares of Union Pacific Co. (NYSE:UNP) by 1.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 296,033 shares of the railroad operator’s stock after buying an additional 5,557 shares during the period. Teacher Retirement System of Texas’ holdings in Union Pacific were worth $39,796,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also bought and sold shares of the stock. Acropolis Investment Management LLC acquired a new position in shares of Union Pacific in the 4th quarter worth approximately $107,000. Icon Wealth Partners LLC bought a new stake in Union Pacific during the 4th quarter worth approximately $119,000. Ballew Advisors Inc bought a new position in Union Pacific in the 1st quarter valued at $145,000. Exane Derivatives boosted its position in 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 last quarter. Finally, Certified Advisory Corp bought a new position in Union Pacific in the 4th quarter valued at $175,000. 78.98% of the stock is currently owned by hedge funds and other institutional investors.
Several research analysts have recently issued reports on the company. Robert W. Baird raised their price target on Union Pacific from $144.00 to $155.00 and gave the stock a “neutral” rating in a research report on Monday, June 4th. TD Securities lifted their price target on Union Pacific from $150.00 to $160.00 and gave the company a “buy” rating in a research note on Friday, June 1st. Scotiabank lifted their target price on Union Pacific from $148.00 to $153.00 and gave the company a “sector perform” rating in a research report on Friday, June 1st. Credit Suisse Group boosted their price objective on Union Pacific from $160.00 to $165.00 and gave the stock an “outperform” rating in a report on Friday, June 1st. Finally, BMO Capital Markets lifted their price target on shares of Union Pacific from $158.00 to $165.00 and gave the company an “outperform” rating in a research report on Friday, June 1st. Three investment analysts have rated the stock with a sell rating, eleven have given 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 target price of $146.70.
In other Union Pacific news, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, 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 transaction 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 $8,778,363.27. The disclosure for this sale can be found here. Insiders own 0.20% of the company’s stock.
Union Pacific traded up $0.66, hitting $144.94, on Thursday, according to Marketbeat.com. The company’s stock had a trading volume of 2,703,090 shares, compared to its average volume of 4,596,729. 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 12 month low of $101.06 and a 12 month high of $148.03. The company has a market cap of $112.54 billion, a PE ratio of 25.03, a price-to-earnings-growth ratio of 1.79 and a beta of 0.80.
Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, April 26th. The railroad operator reported $1.68 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.66 by $0.02. The firm had revenue of $5.47 billion for the quarter, compared to analysts’ expectations of $5.39 billion. Union Pacific had a net margin of 50.73% and a return on equity of 22.16%. The business’s quarterly revenue was up 6.7% on a year-over-year basis. During the same quarter last year, the company posted $1.32 EPS. research analysts forecast that Union Pacific Co. will post 7.63 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 29th. Shareholders of record on Thursday, May 31st will be given a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date of this dividend is Wednesday, May 30th. Union Pacific’s payout ratio is 50.43%.
About Union Pacific
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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