NBC Securities Inc. grew its stake in Union Pacific Co. (NYSE:UNP - Free Report) by 103,927.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,168 shares of the railroad operator's stock after buying an additional 30,139 shares during the period. Union Pacific accounts for 0.6% of NBC Securities Inc.'s holdings, making the stock its 19th biggest position. NBC Securities Inc.'s holdings in Union Pacific were worth $7,127,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Compass Financial Services Inc purchased a new position in shares of Union Pacific in the fourth quarter worth $25,000. EnRich Financial Partners LLC purchased a new position in shares of Union Pacific during the fourth quarter worth $31,000. PrairieView Partners LLC purchased a new position in shares of Union Pacific during the fourth quarter worth $34,000. Strategic Investment Solutions Inc. IL raised its holdings in shares of Union Pacific by 38.8% during the fourth quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator's stock worth $39,000 after purchasing an additional 45 shares during the last quarter. Finally, Kentucky Trust Co purchased a new position in shares of Union Pacific during the fourth quarter worth $40,000. Hedge funds and other institutional investors own 80.38% of the company's stock.
Union Pacific Price Performance
UNP traded up $0.01 on Thursday, reaching $220.88. 662,999 shares of the company's stock were exchanged, compared to its average volume of 2,665,909. The stock has a market cap of $131.97 billion, a PE ratio of 19.92, a P/E/G ratio of 2.15 and a beta of 1.07. Union Pacific Co. has a twelve month low of $204.66 and a twelve month high of $258.07. The stock's fifty day moving average price is $220.85 and its 200-day moving average price is $232.39. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62.
Union Pacific (NYSE:UNP - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share for the quarter, missing analysts' consensus estimates of $2.73 by ($0.03). The business had revenue of $6.03 billion for the quarter, compared to analyst estimates of $6.11 billion. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. The business's revenue was down .1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.69 earnings per share. Sell-side analysts expect that Union Pacific Co. will post 11.99 EPS for the current year.
Union Pacific Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, May 30th will be issued a $1.34 dividend. The ex-dividend date is Friday, May 30th. This represents a $5.36 annualized dividend and a yield of 2.43%. Union Pacific's payout ratio is 48.29%.
Wall Street Analysts Forecast Growth
Several research analysts recently issued reports on the stock. Susquehanna reduced their target price on shares of Union Pacific from $255.00 to $245.00 and set a "neutral" rating for the company in a report on Friday, April 25th. Barclays reduced their target price on shares of Union Pacific from $285.00 to $260.00 and set an "overweight" rating for the company in a report on Friday, April 25th. Bank of America raised their target price on shares of Union Pacific from $256.00 to $262.00 and gave the stock a "buy" rating in a report on Friday, May 16th. Stephens cut their price objective on shares of Union Pacific from $275.00 to $255.00 and set an "overweight" rating for the company in a report on Monday, April 28th. Finally, The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $263.00 price objective on shares of Union Pacific in a report on Monday. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $257.74.
Check Out Our Latest Report on Union Pacific
Union Pacific Profile
(
Free Report)
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.
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