IMS Capital Management decreased its position in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 5.1% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,433 shares of the railroad operator’s stock after selling 130 shares during the quarter. IMS Capital Management’s holdings in Union Pacific were worth $600,000 at the end of the most recent quarter.
Other large investors also recently modified their holdings of the company. 9258 Wealth Management LLC increased its holdings in Union Pacific by 2.1% in the 4th quarter. 9258 Wealth Management LLC now owns 3,124 shares of the railroad operator’s stock valued at $767,000 after acquiring an additional 65 shares during the last quarter. J. W. Coons Advisors LLC increased its holdings in Union Pacific by 5.3% in the 4th quarter. J. W. Coons Advisors LLC now owns 3,997 shares of the railroad operator’s stock valued at $982,000 after acquiring an additional 201 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in Union Pacific by 5.6% in the 4th quarter. Jones Financial Companies Lllp now owns 18,063 shares of the railroad operator’s stock valued at $4,437,000 after acquiring an additional 965 shares during the last quarter. CWA Asset Management Group LLC increased its holdings in Union Pacific by 29.6% in the 4th quarter. CWA Asset Management Group LLC now owns 4,848 shares of the railroad operator’s stock valued at $1,191,000 after acquiring an additional 1,106 shares during the last quarter. Finally, NEOS Investment Management LLC increased its holdings in Union Pacific by 36.6% in the 4th quarter. NEOS Investment Management LLC now owns 10,001 shares of the railroad operator’s stock valued at $2,456,000 after acquiring an additional 2,682 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.
Insider Buying and Selling at Union Pacific
In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the business’s stock in a transaction dated Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total value of $875,887.68. Following the completion of the sale, the president now directly owns 64,945 shares of the company’s stock, valued at approximately $16,014,787.55. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.28% of the stock is owned by corporate insiders.
Analysts Set New Price Targets
View Our Latest Analysis on Union Pacific
Union Pacific Price Performance
Union Pacific stock opened at $246.48 on Tuesday. The stock has a market cap of $150.16 billion, a price-to-earnings ratio of 23.52, a price-to-earnings-growth ratio of 2.25 and a beta of 1.05. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.05 and a quick ratio of 0.86. Union Pacific Co. has a 1 year low of $199.33 and a 1 year high of $258.66. The firm has a 50-day moving average of $245.87 and a two-hundred day moving average of $238.82.
Union Pacific (NYSE:UNP – Get Free Report) last released its quarterly earnings data on Thursday, July 25th. The railroad operator reported $2.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.71 by $0.03. The company had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $6.05 billion. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The firm’s quarterly revenue was up .7% on a year-over-year basis. During the same period in the previous year, the company earned $2.57 EPS. On average, research analysts forecast that Union Pacific Co. will post 11.1 earnings per share for the current year.
Union Pacific Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, August 30th were given a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.17%. This is a boost from Union Pacific’s previous quarterly dividend of $1.30. The ex-dividend date was Friday, August 30th. Union Pacific’s payout ratio is 51.15%.
About Union Pacific
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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