Armstrong Henry H Associates Inc. increased its position in shares of Union Pacific Co. (NYSE:UNP) by 0.6% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 42,170 shares of the railroad operator’s stock after purchasing an additional 250 shares during the quarter. Union Pacific accounts for 1.1% of Armstrong Henry H Associates Inc.’s investment portfolio, making the stock its 12th biggest holding. Armstrong Henry H Associates Inc.’s holdings in Union Pacific were worth $9,295,000 at the end of the most recent quarter.
Other hedge funds have also recently modified their holdings of the company. Vantage Consulting Group Inc purchased a new stake in shares of Union Pacific in the fourth quarter valued at $30,000. Syverson Strege & Co purchased a new stake in shares of Union Pacific in the fourth quarter valued at $31,000. MPS Loria Financial Planners LLC grew its position in shares of Union Pacific by 48.6% in the fourth quarter. MPS Loria Financial Planners LLC now owns 162 shares of the railroad operator’s stock valued at $33,000 after purchasing an additional 53 shares during the period. McCarthy Asset Management Inc. purchased a new stake in shares of Union Pacific in the fourth quarter valued at $36,000. Finally, DB Wealth Management Group LLC purchased a new stake in Union Pacific during the fourth quarter valued at about $37,000. 77.83% of the stock is owned by hedge funds and other institutional investors.
Shares of Union Pacific stock opened at $223.43 on Thursday. The company has a 50 day moving average of $216.79 and a 200-day moving average of $206.89. Union Pacific Co. has a 1-year low of $144.87 and a 1-year high of $226.21. The company has a current ratio of 1.06, a quick ratio of 0.93 and a debt-to-equity ratio of 1.52. The company has a market cap of $148.96 billion, a PE ratio of 28.46, a price-to-earnings-growth ratio of 2.33 and a beta of 1.11.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 31st. Investors of record on Friday, February 26th were paid a $0.97 dividend. This represents a $3.88 annualized dividend and a yield of 1.74%. The ex-dividend date was Thursday, February 25th. Union Pacific’s payout ratio is 46.30%.
Several equities analysts have recently commented on UNP shares. Morgan Stanley upped their target price on Union Pacific from $170.00 to $180.00 and gave the company an “equal weight” rating in a report on Tuesday, April 13th. Vertical Research assumed coverage on Union Pacific in a report on Friday, March 26th. They issued a “buy” rating for the company. JPMorgan Chase & Co. increased their target price on shares of Union Pacific from $212.00 to $216.00 and gave the company a “neutral” rating in a research note on Tuesday, January 12th. Raymond James raised their price objective on shares of Union Pacific from $245.00 to $255.00 and gave the stock a “strong-buy” rating in a report on Wednesday. Finally, Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell raised their price objective on shares of Union Pacific from $215.00 to $250.00 in a report on Monday, January 11th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $206.88.
In related news, VP Todd M. Rynaski sold 7,698 shares of the firm’s stock in a transaction dated Monday, March 8th. The shares were sold at an average price of $212.00, for a total transaction of $1,631,976.00. Following the completion of the sale, the vice president now owns 17,197 shares in the company, valued at $3,645,764. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Elizabeth F. Whited sold 1,491 shares of the firm’s stock in a transaction dated Monday, March 8th. The stock was sold at an average price of $215.00, for a total transaction of $320,565.00. Following the sale, the executive vice president now owns 34,124 shares of the company’s stock, valued at approximately $7,336,660. The disclosure for this sale can be found here. 0.20% of the stock is owned by corporate insiders.
About Union Pacific
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages 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; coal and sand, petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.
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