Mather Group LLC. raised its position in Union Pacific Co. (NYSE:UNP – Get Rating) by 5.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 1,918 shares of the railroad operator’s stock after purchasing an additional 91 shares during the period. Mather Group LLC.’s holdings in Union Pacific were worth $374,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of the company. Tyler Stone Wealth Management boosted its stake in shares of Union Pacific by 85.5% during the second quarter. Tyler Stone Wealth Management now owns 128 shares of the railroad operator’s stock valued at $27,000 after acquiring an additional 59 shares during the last quarter. Grayhawk Investment Strategies Inc. acquired a new stake in shares of Union Pacific during the second quarter valued at $40,000. Chilton Capital Management LLC acquired a new stake in shares of Union Pacific during the second quarter valued at $40,000. Power Corp of Canada acquired a new stake in shares of Union Pacific during the first quarter valued at $40,000. Finally, SJS Investment Consulting Inc. acquired a new stake in shares of Union Pacific during the third quarter valued at $44,000. Institutional investors and hedge funds own 77.27% of the company’s stock.
Analysts Set New Price Targets
UNP has been the topic of a number of analyst reports. Royal Bank of Canada raised Union Pacific from an “underperform” rating to a “sector perform” rating and increased their price objective for the company from $191.00 to $210.00 in a research note on Monday, February 27th. Barclays increased their target price on Union Pacific from $220.00 to $230.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 11th. StockNews.com downgraded Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, December 6th. The Goldman Sachs Group increased their target price on Union Pacific from $219.00 to $225.00 and gave the stock a “buy” rating in a research report on Tuesday, January 24th. Finally, Morgan Stanley increased their target price on Union Pacific from $177.00 to $179.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 11th. Thirteen analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $218.92.
Union Pacific Stock Performance
Union Pacific (NYSE:UNP – Get Rating) last issued its quarterly earnings data on Tuesday, January 24th. The railroad operator reported $2.67 earnings per share for the quarter, missing analysts’ consensus estimates of $2.75 by ($0.08). Union Pacific had a net margin of 28.13% and a return on equity of 58.41%. The business had revenue of $6.18 billion for the quarter, compared to analyst estimates of $6.26 billion. During the same quarter last year, the business earned $2.66 EPS. Union Pacific’s revenue for the quarter was up 7.8% compared to the same quarter last year. On average, sell-side analysts forecast that Union Pacific Co. will post 11.46 earnings per share for the current fiscal year.
Union Pacific Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 31st. Shareholders of record on Tuesday, February 28th will be paid a dividend of $1.30 per share. The ex-dividend date is Monday, February 27th. This represents a $5.20 dividend on an annualized basis and a yield of 2.66%. Union Pacific’s dividend payout ratio (DPR) is presently 46.35%.
Insider Buying and Selling at Union Pacific
In other Union Pacific news, EVP Elizabeth F. Whited sold 2,500 shares of the firm’s stock in a transaction that occurred on Monday, February 27th. The stock was sold at an average price of $213.00, for a total transaction of $532,500.00. Following the completion of the sale, the executive vice president now owns 39,080 shares in the company, valued at approximately $8,324,040. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.28% of the stock is owned by insiders.
About Union Pacific
Union Pacific Corp. engages in the provision of railroad and freight transportation services. The company was founded in 1969 and is headquartered in Omaha, NE.
Further Reading
- Get a free copy of the StockNews.com research report on Union Pacific (UNP)
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