Union Pacific Co. (NYSE:UNP) Stock Holdings Boosted by Glassman Wealth Services

Glassman Wealth Services lifted its position in shares of Union Pacific Co. (NYSE:UNPGet Rating) by 5.8% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 3,192 shares of the railroad operator’s stock after acquiring an additional 175 shares during the period. Glassman Wealth Services’ holdings in Union Pacific were worth $872,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in the company. Dark Forest Capital Management LP lifted its holdings in Union Pacific by 8.4% in the third quarter. Dark Forest Capital Management LP now owns 970 shares of the railroad operator’s stock worth $190,000 after purchasing an additional 75 shares during the period. MFA Wealth Advisors LLC acquired a new stake in Union Pacific in the 3rd quarter valued at about $74,000. Atria Investments LLC lifted its holdings in Union Pacific by 5.1% in the 3rd quarter. Atria Investments LLC now owns 36,917 shares of the railroad operator’s stock valued at $7,236,000 after acquiring an additional 1,783 shares during the last quarter. Laffer Tengler Investments acquired a new stake in Union Pacific in the 3rd quarter valued at about $80,000. Finally, Cetera Advisors LLC lifted its holdings in Union Pacific by 11.4% in the 3rd quarter. Cetera Advisors LLC now owns 17,077 shares of the railroad operator’s stock valued at $3,347,000 after acquiring an additional 1,749 shares during the last quarter. Institutional investors and hedge funds own 80.26% of the company’s stock.

Union Pacific stock traded up $0.89 during trading hours on Thursday, reaching $209.88. 39,991 shares of the company were exchanged, compared to its average volume of 2,526,719. Union Pacific Co. has a 12 month low of $195.68 and a 12 month high of $278.94. The company has a current ratio of 0.71, a quick ratio of 0.58 and a debt-to-equity ratio of 2.58. The firm has a market cap of $131.81 billion, a price-to-earnings ratio of 19.87, a PEG ratio of 1.80 and a beta of 1.22. The stock has a 50-day moving average of $225.41 and a 200 day moving average of $242.01.

Union Pacific (NYSE:UNPGet Rating) last posted its quarterly earnings data on Thursday, April 21st. The railroad operator reported $2.57 earnings per share for the quarter, beating the consensus estimate of $2.55 by $0.02. Union Pacific had a return on equity of 50.20% and a net margin of 30.06%. The company had revenue of $5.86 billion during the quarter, compared to analysts’ expectations of $5.76 billion. During the same period in the prior year, the business earned $2.00 earnings per share. Union Pacific’s revenue for the quarter was up 17.2% compared to the same quarter last year. As a group, research analysts forecast that Union Pacific Co. will post 11.61 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 30th. Stockholders of record on Tuesday, May 31st will be given a $1.30 dividend. This represents a $5.20 annualized dividend and a dividend yield of 2.48%. This is a boost from Union Pacific’s previous quarterly dividend of $1.18. The ex-dividend date is Friday, May 27th. Union Pacific’s dividend payout ratio is currently 49.43%.

UNP has been the subject of a number of research analyst reports. Raymond James upped their price target on shares of Union Pacific from $280.00 to $285.00 and gave the company a “strong-buy” rating in a report on Friday, April 22nd. Susquehanna boosted their price objective on Union Pacific from $306.00 to $310.00 and gave the stock a “positive” rating in a report on Thursday, April 7th. JPMorgan Chase & Co. boosted their price objective on Union Pacific from $267.00 to $276.00 and gave the stock an “overweight” rating in a report on Friday, April 8th. The Goldman Sachs Group boosted their price objective on Union Pacific from $271.00 to $276.00 in a report on Thursday, April 21st. Finally, Citigroup downgraded Union Pacific from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $287.00 to $235.00 in a report on Thursday, May 19th. Eight research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $264.23.

In other news, EVP Kenyatta G. Rocker sold 4,018 shares of the stock in a transaction that occurred on Thursday, April 21st. The stock was sold at an average price of $250.00, for a total value of $1,004,500.00. Following the completion of the sale, the executive vice president now directly owns 41,177 shares of the company’s stock, valued at $10,294,250. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.28% of the stock is currently owned by corporate insiders.

About Union Pacific (Get Rating)

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, and other agricultural users; petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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