Union Pacific Co. (UNP) Holdings Raised by Dempze Nancy E
Dempze Nancy E raised its holdings in shares of Union Pacific Co. (NYSE:UNP) by 46.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 3,460 shares of the railroad operator’s stock after buying an additional 1,100 shares during the quarter. Dempze Nancy E’s holdings in Union Pacific were worth $465,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds have also modified their holdings of the company. CI Investments Inc. lifted its holdings in shares of Union Pacific by 0.3% during the fourth quarter. CI Investments Inc. now owns 218,808 shares of the railroad operator’s stock worth $29,342,000 after buying an additional 620 shares during the last quarter. Heritage Wealth Advisors raised its stake in shares of Union Pacific by 6.2% in the fourth quarter. Heritage Wealth Advisors now owns 12,615 shares of the railroad operator’s stock valued at $1,693,000 after purchasing an additional 732 shares in the last quarter. Checchi Capital Advisers LLC raised its stake in shares of Union Pacific by 40.2% in the fourth quarter. Checchi Capital Advisers LLC now owns 8,184 shares of the railroad operator’s stock valued at $1,098,000 after purchasing an additional 2,345 shares in the last quarter. Trust Co. of Vermont raised its stake in shares of Union Pacific by 2.3% in the fourth quarter. Trust Co. of Vermont now owns 81,849 shares of the railroad operator’s stock valued at $10,976,000 after purchasing an additional 1,858 shares in the last quarter. Finally, SeaCrest Wealth Management LLC acquired a new position in shares of Union Pacific in the fourth quarter valued at $684,000. Institutional investors own 78.41% of the company’s stock.
A number of research analysts recently commented on UNP shares. Royal Bank of Canada restated a “hold” rating and issued a $124.00 target price on shares of Union Pacific in a research note on Thursday, November 9th. Goldman Sachs Group started coverage on Union Pacific in a research note on Monday, November 13th. They issued a “sell” rating and a $103.00 target price for the company. ValuEngine lowered Union Pacific from a “buy” rating to a “hold” rating in a research note on Wednesday, November 15th. Barclays restated a “buy” rating and issued a $150.00 target price on shares of Union Pacific in a research note on Wednesday, December 13th. Finally, Wolfe Research upgraded Union Pacific from a “market perform” rating to an “outperform” rating in a research note on Friday, January 5th. Three analysts have rated the stock with a sell rating, thirteen have given a hold rating and ten have issued a buy rating to the stock. Union Pacific presently has an average rating of “Hold” and an average target price of $131.50.
Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, January 25th. The railroad operator reported $1.53 earnings per share for the quarter, missing analysts’ consensus estimates of $1.54 by ($0.01). Union Pacific had a net margin of 50.43% and a return on equity of 22.26%. The company had revenue of $5.45 billion during the quarter, compared to the consensus estimate of $5.44 billion. During the same quarter last year, the company earned $1.39 earnings per share. The business’s revenue was up 5.5% on a year-over-year basis. equities research analysts anticipate that Union Pacific Co. will post 7.5 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Wednesday, February 28th will be given a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a yield of 2.27%. This is a boost from Union Pacific’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend is Tuesday, February 27th. Union Pacific’s dividend payout ratio is 48.91%.
Union Pacific Profile
Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.
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