Lee Financial Co Acquires New Shares in Union Pacific Co. (NYSE:UNP)

Lee Financial Co acquired a new stake in Union Pacific Co. (NYSE:UNPGet Rating) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 572 shares of the railroad operator’s stock, valued at approximately $144,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Northwest Investment Counselors LLC bought a new stake in shares of Union Pacific in the 4th quarter valued at $32,000. Moors & Cabot Inc. increased its position in shares of Union Pacific by 20.4% in the 3rd quarter. Moors & Cabot Inc. now owns 30,000 shares of the railroad operator’s stock valued at $33,000 after buying an additional 5,078 shares in the last quarter. Ahrens Investment Partners LLC bought a new stake in shares of Union Pacific in the 4th quarter valued at $36,000. Dixon Hughes Goodman Wealth Advisors LLC bought a new stake in shares of Union Pacific in the 4th quarter valued at $39,000. Finally, Norwood Financial Corp bought a new stake in shares of Union Pacific in the 4th quarter valued at $39,000. Institutional investors and hedge funds own 77.85% of the company’s stock.

A number of equities analysts have issued reports on UNP shares. Raymond James increased their target price on Union Pacific from $280.00 to $285.00 and gave the stock a “strong-buy” rating in a report on Friday, April 22nd. Wells Fargo & Company raised their price objective on shares of Union Pacific from $249.00 to $276.00 and gave the stock an “equal weight” rating in a research report on Monday, January 10th. Barclays raised their target price on shares of Union Pacific from $260.00 to $280.00 and gave the stock an “overweight” rating in a report on Friday, January 14th. UBS Group cut shares of Union Pacific from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $283.00 to $267.00 in a research note on Friday, April 22nd. Finally, Stephens lifted their price objective on shares of Union Pacific from $257.00 to $278.00 in a research note on Tuesday, January 4th. Nine analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $267.74.

UNP traded up $2.28 during trading on Thursday, hitting $239.07. 151,054 shares of the stock traded hands, compared to its average volume of 3,693,934. The firm has a market capitalization of $150.14 billion, a P/E ratio of 22.51, a price-to-earnings-growth ratio of 2.11 and a beta of 1.18. Union Pacific Co. has a 12-month low of $195.68 and a 12-month high of $278.94. The company has a debt-to-equity ratio of 2.58, a current ratio of 0.71 and a quick ratio of 0.51. The firm has a 50-day moving average of $253.73 and a 200 day moving average of $246.20.

Union Pacific (NYSE:UNPGet Rating) last released its quarterly earnings data on Thursday, April 21st. The railroad operator reported $2.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.56 by $0.01. Union Pacific had a net margin of 30.06% and a return on equity of 50.20%. The firm had revenue of $5.86 billion for the quarter, compared to analysts’ expectations of $5.76 billion. During the same quarter in the previous year, the company earned $2.00 earnings per share. The company’s revenue for the quarter was up 17.2% compared to the same quarter last year. As a group, equities analysts predict that Union Pacific Co. will post 11.63 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 31st. Shareholders of record on Monday, February 28th were given a $1.18 dividend. This represents a $4.72 dividend on an annualized basis and a dividend yield of 1.97%. The ex-dividend date of this dividend was Friday, February 25th. Union Pacific’s payout ratio is 44.87%.

Union Pacific announced that its Board of Directors has authorized a share repurchase plan on Thursday, February 3rd that authorizes the company to buyback 100,000,000 outstanding shares. This buyback authorization authorizes the railroad operator to reacquire shares of its stock through open market purchases. Shares buyback plans are often a sign that the company’s management believes its stock is undervalued.

In other Union Pacific news, EVP Kenyatta G. Rocker sold 4,018 shares of the business’s stock in a transaction dated Thursday, April 21st. The shares were sold at an average price of $250.00, for a total value of $1,004,500.00. Following the transaction, the executive vice president now owns 41,177 shares in the company, valued at $10,294,250. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.28% of the stock is currently owned by insiders.

Union Pacific Profile (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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