Union Pacific Corporation $UNP Shares Bought by Smith Chas P & Associates PA Cpas

Smith Chas P & Associates PA Cpas boosted its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 71.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 119,286 shares of the railroad operator’s stock after purchasing an additional 49,854 shares during the period. Union Pacific comprises approximately 1.5% of Smith Chas P & Associates PA Cpas’ investment portfolio, making the stock its 29th biggest holding. Smith Chas P & Associates PA Cpas’ holdings in Union Pacific were worth $27,593,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in UNP. Stephens Consulting LLC boosted its position in Union Pacific by 48.4% in the 4th quarter. Stephens Consulting LLC now owns 135 shares of the railroad operator’s stock worth $31,000 after purchasing an additional 44 shares in the last quarter. Macroview Investment Management LLC boosted its position in Union Pacific by 3.4% in the 4th quarter. Macroview Investment Management LLC now owns 1,349 shares of the railroad operator’s stock worth $312,000 after purchasing an additional 44 shares in the last quarter. Prestige Wealth Management Group LLC boosted its position in Union Pacific by 1.4% in the 3rd quarter. Prestige Wealth Management Group LLC now owns 3,186 shares of the railroad operator’s stock worth $753,000 after purchasing an additional 45 shares in the last quarter. U.S. Capital Wealth Advisors LLC boosted its position in Union Pacific by 0.9% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 4,988 shares of the railroad operator’s stock worth $1,154,000 after purchasing an additional 45 shares in the last quarter. Finally, Keebeck Wealth Management boosted its position in Union Pacific by 1.7% in the 3rd quarter. Keebeck Wealth Management now owns 2,691 shares of the railroad operator’s stock worth $636,000 after purchasing an additional 45 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Price Performance

Union Pacific stock opened at $279.41 on Thursday. The company’s fifty day moving average price is $255.55 and its 200 day moving average price is $245.12. Union Pacific Corporation has a 1 year low of $210.84 and a 1 year high of $279.70. The stock has a market capitalization of $165.89 billion, a P/E ratio of 23.02, a P/E/G ratio of 2.88 and a beta of 0.99. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.73 and a current ratio of 0.92.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.86 by $0.07. Union Pacific had a net margin of 29.20% and a return on equity of 39.58%. The firm had revenue of $6.22 billion for the quarter, compared to analysts’ expectations of $6.12 billion. During the same quarter last year, the company earned $2.70 EPS. The firm’s revenue for the quarter was up 3.2% compared to the same quarter last year. As a group, equities research analysts anticipate that Union Pacific Corporation will post 12.53 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 29th will be issued a $1.38 dividend. The ex-dividend date is Friday, May 29th. This represents a $5.52 dividend on an annualized basis and a yield of 2.0%. Union Pacific’s dividend payout ratio (DPR) is presently 45.47%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the company. Sanford C. Bernstein upped their price objective on Union Pacific from $289.00 to $293.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 31st. UBS Group restated a “neutral” rating and issued a $274.00 price objective (up from $253.00) on shares of Union Pacific in a research report on Friday, April 24th. Evercore restated an “outperform” rating and issued a $277.00 price objective on shares of Union Pacific in a research report on Friday, April 24th. Robert W. Baird set a $311.00 price objective on Union Pacific and gave the stock an “outperform” rating in a research report on Friday, March 6th. Finally, Raymond James Financial set a $310.00 target price on Union Pacific in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and a consensus price target of $280.47.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, EVP Eric J. Gehringer sold 1,999 shares of the firm’s stock in a transaction on Friday, March 20th. The stock was sold at an average price of $234.93, for a total value of $469,625.07. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Jennifer L. Hamann sold 2,000 shares of the firm’s stock in a transaction on Friday, April 24th. The shares were sold at an average price of $274.70, for a total value of $549,400.00. Following the completion of the transaction, the chief financial officer owned 114,642 shares in the company, valued at $31,492,157.40. The trade was a 1.71% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 31,386 shares of company stock worth $8,461,716. Corporate insiders own 0.22% of the company’s stock.

Union Pacific Company Profile

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.