Callan Family Office LLC Makes New Investment in Union Pacific Co. (NYSE:UNP)

Callan Family Office LLC purchased a new stake in Union Pacific Co. (NYSE:UNP) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 3,310 shares of the railroad operator’s stock, valued at approximately $749,000.

Several other large investors also recently made changes to their positions in the stock. Allegheny Financial Group LTD raised its stake in shares of Union Pacific by 22.5% in the 4th quarter. Allegheny Financial Group LTD now owns 10,885 shares of the railroad operator’s stock valued at $2,674,000 after purchasing an additional 2,000 shares during the period. Silver Oak Securities Incorporated acquired a new stake in Union Pacific in the 4th quarter valued at approximately $238,000. BNP Paribas bought a new stake in Union Pacific in the 1st quarter valued at approximately $1,088,000. Stifel Financial Corp lifted its stake in Union Pacific by 10.8% in the 4th quarter. Stifel Financial Corp now owns 2,273,959 shares of the railroad operator’s stock valued at $558,542,000 after acquiring an additional 222,318 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its position in Union Pacific by 19.0% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 126,369 shares of the railroad operator’s stock worth $31,078,000 after acquiring an additional 20,173 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Up 0.5 %

UNP traded up $1.23 during trading on Monday, reaching $248.08. 1,680,550 shares of the stock traded hands, compared to its average volume of 2,269,685. The stock’s 50-day moving average is $235.35 and its 200 day moving average is $238.92. Union Pacific Co. has a 12 month low of $199.33 and a 12 month high of $258.66. The company has a quick ratio of 0.86, a current ratio of 1.05 and a debt-to-equity ratio of 1.89. The stock has a market capitalization of $151.13 billion, a PE ratio of 23.67, a P/E/G ratio of 2.16 and a beta of 1.06.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, July 25th. The railroad operator reported $2.74 EPS for the quarter, topping the consensus estimate of $2.71 by $0.03. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The company had revenue of $6.01 billion during the quarter, compared to the consensus estimate of $6.05 billion. During the same quarter last year, the firm posted $2.57 EPS. The company’s quarterly revenue was up .7% on a year-over-year basis. Equities analysts anticipate that Union Pacific Co. will post 11.11 earnings per share for the current year.

Union Pacific Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, August 30th will be issued a dividend of $1.34 per share. The ex-dividend date of this dividend is Friday, August 30th. This represents a $5.36 annualized dividend and a dividend yield of 2.16%. This is a positive change from Union Pacific’s previous quarterly dividend of $1.30. Union Pacific’s dividend payout ratio is currently 49.62%.

Insider Transactions at Union Pacific

In related news, President Elizabeth F. Whited sold 3,552 shares of the company’s stock in a transaction that occurred on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total transaction of $875,887.68. Following the transaction, 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 document filed with the SEC, which can be accessed through this link. Insiders own 0.28% of the company’s stock.

Analysts Set New Price Targets

UNP has been the topic of a number of research reports. Royal Bank of Canada cut their price objective on shares of Union Pacific from $281.00 to $275.00 and set an “outperform” rating on the stock in a research report on Friday, July 26th. Loop Capital cut shares of Union Pacific from a “buy” rating to a “hold” rating and cut their price target for the stock from $276.00 to $238.00 in a research report on Monday, June 17th. Susquehanna decreased their price objective on Union Pacific from $270.00 to $250.00 and set a “neutral” rating for the company in a report on Tuesday, June 25th. Stifel Nicolaus lowered their target price on Union Pacific from $267.00 to $265.00 and set a “buy” rating on the stock in a research report on Wednesday, July 17th. Finally, StockNews.com cut Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, June 18th. Seven equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $258.79.

Union Pacific Profile

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.