Metis Global Partners LLC lowered its stake in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 9.3% in the 4th quarter, HoldingsChannel reports. The firm owned 24,605 shares of the railroad operator’s stock after selling 2,512 shares during the quarter. Metis Global Partners LLC’s holdings in Union Pacific were worth $6,043,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also bought and sold shares of UNP. Stratos Wealth Advisors LLC grew its stake in Union Pacific by 10.4% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 1,538 shares of the railroad operator’s stock valued at $313,000 after buying an additional 145 shares in the last quarter. Sage Mountain Advisors LLC grew its stake in Union Pacific by 3.3% in the 3rd quarter. Sage Mountain Advisors LLC now owns 2,041 shares of the railroad operator’s stock valued at $416,000 after buying an additional 66 shares in the last quarter. Monument Capital Management purchased a new position in Union Pacific in the 3rd quarter valued at approximately $227,000. Cutler Investment Counsel LLC grew its stake in Union Pacific by 0.4% in the 3rd quarter. Cutler Investment Counsel LLC now owns 34,234 shares of the railroad operator’s stock valued at $6,971,000 after buying an additional 140 shares in the last quarter. Finally, Concord Wealth Partners grew its stake in Union Pacific by 130.8% in the 3rd quarter. Concord Wealth Partners now owns 7,408 shares of the railroad operator’s stock valued at $1,508,000 after buying an additional 4,198 shares in the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In other Union Pacific news, President Elizabeth F. Whited sold 3,750 shares of the business’s stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $250.00, for a total value of $937,500.00. Following the completion of the sale, the president now directly owns 56,682 shares of the company’s stock, valued at $14,170,500. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.28% of the stock is currently owned by insiders.
Analysts Set New Price Targets
Read Our Latest Stock Analysis on UNP
Union Pacific Price Performance
Shares of NYSE UNP traded up $2.67 during mid-day trading on Friday, reaching $240.36. 2,174,714 shares of the company were exchanged, compared to its average volume of 2,177,795. The company has a quick ratio of 0.76, a current ratio of 0.93 and a debt-to-equity ratio of 1.99. The stock has a market capitalization of $146.65 billion, a PE ratio of 22.94, a PEG ratio of 2.55 and a beta of 1.06. The company’s 50 day moving average price is $242.95 and its 200 day moving average price is $236.37. Union Pacific Co. has a 52 week low of $190.71 and a 52 week high of $258.66.
Union Pacific (NYSE:UNP – Get Free Report) last posted its quarterly earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, topping the consensus estimate of $2.50 by $0.19. The business had revenue of $6.03 billion during the quarter, compared to the consensus estimate of $5.97 billion. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The firm’s revenue for the quarter was down .4% on a year-over-year basis. During the same period in the previous year, the firm posted $2.67 earnings per share. Sell-side analysts forecast that Union Pacific Co. will post 11.21 earnings per share for the current fiscal year.
Union Pacific Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Thursday, February 29th were paid a $1.30 dividend. This represents a $5.20 annualized dividend and a yield of 2.16%. The ex-dividend date of this dividend was Wednesday, February 28th. Union Pacific’s dividend payout ratio is presently 49.62%.
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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