KCS Wealth Advisory grew its holdings in Union Pacific Co. (NYSE:UNP) by 12.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,729 shares of the railroad operator’s stock after purchasing an additional 422 shares during the quarter. KCS Wealth Advisory’s holdings in Union Pacific were worth $501,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also made changes to their positions in UNP. Mackenzie Financial Corp lifted its stake in shares of Union Pacific by 248.7% in the 4th quarter. Mackenzie Financial Corp now owns 2,156,861 shares of the railroad operator’s stock valued at $289,235,000 after purchasing an additional 1,538,325 shares during the period. BlackRock Inc. raised its stake in Union Pacific by 2.8% during the 4th quarter. BlackRock Inc. now owns 52,135,522 shares of the railroad operator’s stock worth $6,991,373,000 after buying an additional 1,434,475 shares during the period. TIAA CREF Investment Management LLC raised its stake in Union Pacific by 19.5% during the 4th quarter. TIAA CREF Investment Management LLC now owns 8,608,925 shares of the railroad operator’s stock worth $1,154,457,000 after buying an additional 1,403,429 shares during the period. Stifel Financial Corp raised its stake in Union Pacific by 4,512.7% during the 3rd quarter. Stifel Financial Corp now owns 1,182,095 shares of the railroad operator’s stock worth $137,145,000 after buying an additional 1,156,468 shares during the period. Finally, Amundi Pioneer Asset Management Inc. raised its stake in Union Pacific by 3,248.2% during the 4th quarter. Amundi Pioneer Asset Management Inc. now owns 1,049,158 shares of the railroad operator’s stock worth $140,691,000 after buying an additional 1,017,823 shares during the period. 81.06% of the stock is currently owned by institutional investors.
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A number of research analysts recently weighed in on UNP shares. Citigroup raised Union Pacific from a “neutral” rating to a “buy” rating in a research note on Wednesday, February 14th. Argus upped their price target on Union Pacific from $130.00 to $155.00 and gave the stock a “buy” rating in a research note on Thursday, February 1st. Deutsche Bank raised Union Pacific from a “hold” rating to a “buy” rating and set a $158.00 price target on the stock in a research note on Monday, April 2nd. Bank of America upped their price target on Union Pacific from $150.00 to $159.00 and gave the stock a “buy” rating in a research note on Thursday, March 15th. Finally, UBS dropped their price target on Union Pacific from $164.00 to $162.00 and set a “buy” rating on the stock in a research note on Friday, January 26th. Three research 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. The company presently has an average rating of “Hold” and a consensus price target of $138.95.
Shares of UNP opened at $140.71 on Tuesday. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.82 and a quick ratio of 0.65. The company has a market cap of $109.65 billion, a price-to-earnings ratio of 24.30, a P/E/G ratio of 1.76 and a beta of 0.79. Union Pacific Co. has a 52 week low of $140.76 and a 52 week high of $143.21.
Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, April 26th. The railroad operator reported $1.68 EPS for the quarter, topping analysts’ consensus estimates of $1.66 by $0.02. The firm had revenue of $5.47 billion during the quarter, compared to analyst estimates of $5.39 billion. Union Pacific had a return on equity of 22.16% and a net margin of 50.73%. The company’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.32 EPS. analysts expect that Union Pacific Co. will post 7.59 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 29th. Shareholders of record on Thursday, May 31st will be issued a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a yield of 2.08%. The ex-dividend date is Wednesday, May 30th. Union Pacific’s dividend payout ratio is currently 50.43%.
In other news, CFO Robert M. Knight, Jr. sold 25,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 20th. The stock was 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 transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Elizabeth F. Whited sold 15,576 shares of the company’s stock in a transaction that occurred on Tuesday, April 3rd. The shares were 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 $8,778,363.27. The disclosure for this sale can be found here. Corporate insiders own 0.20% of the company’s stock.
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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