4,005 Shares in Union Pacific Corporation $UNP Purchased by Capital Financial Group Inc. Co. ADV

Key Points

• Capital Financial Group bought a new position in Union Pacific during the fourth quarter, acquiring 4,005 shares valued at about $926,000.
• Union Pacific reported better-than-expected quarterly results, with EPS of $2.93 versus estimates of $2.86 and revenue of $6.22 billion versus expectations of $6.12 billion.
• The company announced a quarterly dividend of $1.38 per share, which annualizes to $5.52 and implies a dividend yield of about 2.1%.

Capital Financial Group Inc. Co. ADV purchased a new position in shares of Union Pacific Corporation (NYSE:UNP - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 4,005 shares of the railroad operator's stock, valued at approximately $926,000.

Several other large investors have also recently added to or reduced their stakes in UNP. Acadian Asset Management LLC raised its holdings in Union Pacific by 40.4% during the first quarter. Acadian Asset Management LLC now owns 2,312 shares of the railroad operator's stock worth $546,000 after purchasing an additional 665 shares in the last quarter. Schnieders Capital Management LLC. raised its holdings in Union Pacific by 0.5% during the second quarter. Schnieders Capital Management LLC. now owns 20,606 shares of the railroad operator's stock worth $4,741,000 after purchasing an additional 102 shares in the last quarter. Main Street Financial Solutions LLC grew its position in Union Pacific by 1.6% during the second quarter. Main Street Financial Solutions LLC now owns 3,733 shares of the railroad operator's stock worth $859,000 after buying an additional 58 shares during the period. HUB Investment Partners LLC grew its position in Union Pacific by 10.0% during the second quarter. HUB Investment Partners LLC now owns 6,091 shares of the railroad operator's stock worth $1,401,000 after buying an additional 554 shares during the period. Finally, Alliancebernstein L.P. grew its position in Union Pacific by 7.4% during the second quarter. Alliancebernstein L.P. now owns 1,528,426 shares of the railroad operator's stock worth $351,660,000 after buying an additional 105,664 shares during the period. 80.38% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Stock Down 1.9%

UNP stock opened at $267.54 on Tuesday. The company's 50 day simple moving average is $262.69 and its 200-day simple moving average is $249.13. The firm has a market capitalization of $158.84 billion, a PE ratio of 22.04, a P/E/G ratio of 2.89 and a beta of 0.97. Union Pacific Corporation has a 12 month low of $210.84 and a 12 month high of $279.70. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.92 and a quick ratio of 0.73.

Union Pacific (NYSE:UNP - Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The railroad operator reported $2.93 EPS for the quarter, beating the consensus estimate of $2.86 by $0.07. The business had revenue of $6.22 billion for the quarter, compared to analyst estimates of $6.12 billion. Union Pacific had a net margin of 29.20% and a return on equity of 39.58%. The company's quarterly revenue was up 3.2% on a year-over-year basis. During the same period in the prior year, the business earned $2.70 earnings per share. Equities analysts expect that Union Pacific Corporation will post 12.55 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, May 29th will be given a $1.38 dividend. The ex-dividend date is Friday, May 29th. This represents a $5.52 annualized dividend and a dividend yield of 2.1%. Union Pacific's dividend payout ratio is currently 45.47%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on UNP. TD Cowen upped their target price on shares of Union Pacific from $256.00 to $282.00 and gave the stock a "buy" rating in a research report on Friday, April 24th. Raymond James Financial set a $310.00 target price on shares of Union Pacific in a research report on Friday, April 24th. Royal Bank Of Canada restated an "outperform" rating and set a $289.00 target price (up from $273.00) on shares of Union Pacific in a research report on Friday, April 24th. BMO Capital Markets restated a "market perform" rating and set a $285.00 target price (up from $278.00) on shares of Union Pacific in a research report on Friday, April 24th. Finally, Benchmark upped their target price on shares of Union Pacific from $275.00 to $300.00 and gave the stock a "buy" rating in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $282.21.

Insider Activity

In other news, EVP Eric J. Gehringer sold 2,991 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total value of $789,504.36. Following the sale, the executive vice president directly owned 43,012 shares in the company, valued at $11,353,447.52. This represents a 6.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Jennifer L. Hamann sold 2,000 shares of the stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $274.70, for a total transaction of $549,400.00. Following the completion of the sale, the chief financial officer owned 114,642 shares in the company, valued at $31,492,157.40. This represents a 1.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 34,377 shares of company stock worth $9,251,221 over the last ninety days. 0.22% of the stock is currently owned by insiders.

About Union Pacific

Union Pacific Corporation NYSE: UNP is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific's core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.

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