Vestor Capital LLC Has $4.01 Million Position in Union Pacific Co. (UNP)
Vestor Capital LLC boosted its position in shares of Union Pacific Co. (NYSE:UNP) by 106.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 34,534 shares of the railroad operator’s stock after purchasing an additional 17,802 shares during the period. Vestor Capital LLC’s holdings in Union Pacific were worth $4,005,000 as of its most recent SEC filing.
A number of other large investors have also recently modified their holdings of UNP. Mitsubishi UFJ Securities Holdings Co. Ltd. boosted its position in Union Pacific by 46.6% in the 2nd quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock valued at $117,000 after buying an additional 340 shares during the period. Acrospire Investment Management LLC boosted its position in Union Pacific by 33.3% in the 2nd quarter. Acrospire Investment Management LLC now owns 1,200 shares of the railroad operator’s stock valued at $131,000 after buying an additional 300 shares during the period. Community Bank N.A. boosted its position in Union Pacific by 3.0% in the 2nd quarter. Community Bank N.A. now owns 1,537 shares of the railroad operator’s stock valued at $168,000 after buying an additional 45 shares during the period. Jacobi Capital Management LLC boosted its position in Union Pacific by 6.6% in the 2nd quarter. Jacobi Capital Management LLC now owns 1,705 shares of the railroad operator’s stock valued at $185,000 after buying an additional 105 shares during the period. Finally, Yorkville Capital Management LLC purchased a new stake in Union Pacific in the 2nd quarter valued at about $202,000. Institutional investors own 78.47% of the company’s stock.
Shares of Union Pacific Co. (UNP) opened at $141.17 on Tuesday. Union Pacific Co. has a 52-week low of $101.06 and a 52-week high of $141.81. The firm has a market cap of $111,120.00, a P/E ratio of 24.99, a PEG ratio of 1.90 and a beta of 0.90. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.16 and a quick ratio of 0.97.
Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, October 26th. The railroad operator reported $1.50 earnings per share for the quarter, topping the consensus estimate of $1.49 by $0.01. Union Pacific had a net margin of 21.84% and a return on equity of 23.35%. The firm had revenue of $5.41 billion during the quarter, compared to analysts’ expectations of $5.32 billion. During the same quarter in the prior year, the company earned $1.36 EPS. The company’s revenue was up 4.5% compared to the same quarter last year. research analysts expect that Union Pacific Co. will post 5.79 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Thursday, December 28th. Investors of record on Thursday, November 30th were given a dividend of $0.665 per share. This is a boost from Union Pacific’s previous quarterly dividend of $0.61. The ex-dividend date of this dividend was Wednesday, November 29th. This represents a $2.66 dividend on an annualized basis and a yield of 1.88%. Union Pacific’s dividend payout ratio is presently 47.08%.
Several equities research analysts have issued reports on the stock. Morgan Stanley boosted their price objective on shares of Union Pacific from $100.00 to $104.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 31st. Goldman Sachs Group assumed coverage on shares of Union Pacific in a research report on Monday, November 13th. They issued a “sell” rating and a $103.00 price objective for the company. Wolfe Research raised shares of Union Pacific from a “market perform” rating to an “outperform” rating in a research report on Friday, January 5th. Daiwa Capital Markets raised shares of Union Pacific from a “hold” rating to an “outperform” rating in a research report on Thursday, January 11th. Finally, Citigroup cut shares of Union Pacific from a “buy” rating to a “neutral” rating and set a $120.00 price objective for the company. in a research report on Wednesday, October 4th. Three equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and eight have assigned a buy rating to the company’s stock. Union Pacific presently has an average rating of “Hold” and an average target price of $124.00.
About Union Pacific
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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