Madrona Financial Services LLC bought a new stake in Union Pacific Co. (NYSE:UNP) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 969 shares of the railroad operator’s stock, valued at approximately $214,000.
A number of other hedge funds have also bought and sold shares of the business. Better Money Decisions LLC bought a new stake in shares of Union Pacific during the 1st quarter worth about $28,000. Vantage Consulting Group Inc acquired a new stake in Union Pacific in the 4th quarter worth approximately $30,000. Syverson Strege & Co bought a new stake in Union Pacific during the fourth quarter worth approximately $31,000. MPS Loria Financial Planners LLC grew its holdings in Union Pacific by 48.6% during 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 last quarter. Finally, Wealthcare Capital Management LLC bought a new position in shares of Union Pacific in the first quarter valued at approximately $33,000. 77.83% of the stock is owned by institutional investors.
Shares of Union Pacific stock opened at $227.86 on Friday. Union Pacific Co. has a 12-month low of $149.76 and a 12-month high of $231.26. The stock has a market capitalization of $151.37 billion, a P/E ratio of 29.03, a price-to-earnings-growth ratio of 2.33 and a beta of 1.11. The company has a 50-day simple moving average of $223.19 and a 200 day simple moving average of $209.62. The company has a quick ratio of 0.93, a current ratio of 1.06 and a debt-to-equity ratio of 1.52.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 30th. Investors of record on Friday, May 28th will be issued a dividend of $1.07 per share. This represents a $4.28 dividend on an annualized basis and a yield of 1.88%. This is a boost from Union Pacific’s previous quarterly dividend of $0.97. The ex-dividend date is Thursday, May 27th. Union Pacific’s dividend payout ratio (DPR) is currently 46.30%.
In other Union Pacific 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 value of $1,631,976.00. Following the completion of the sale, the vice president now owns 17,197 shares in the company, valued at approximately $3,645,764. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Elizabeth F. Whited sold 1,491 shares of the business’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 completion of the transaction, the executive vice president now directly owns 34,124 shares of the company’s stock, valued at $7,336,660. The disclosure for this sale can be found here. Insiders own 0.20% of the company’s stock.
UNP has been the topic of several recent analyst reports. BMO Capital Markets lifted their target price on shares of Union Pacific from $230.00 to $240.00 and gave the stock an “outperform” rating in a report on Friday, April 23rd. Morgan Stanley lifted their price objective on Union Pacific from $190.00 to $195.00 and gave the stock an “equal weight” rating in a research note on Tuesday. Deutsche Bank Aktiengesellschaft increased their target price on Union Pacific from $239.00 to $252.00 and gave the company a “buy” rating in a research note on Monday, May 3rd. TD Securities lifted their price target on Union Pacific from $240.00 to $245.00 and gave the stock a “hold” rating in a research report on Friday, April 23rd. Finally, Royal Bank of Canada increased their price objective on Union Pacific from $232.00 to $244.00 and gave the company an “outperform” rating in a research report on Friday, April 23rd. One research analyst has rated the stock with a sell rating, six have given a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $218.05.
About Union Pacific
Union Pacific Corp. engages in the provision of railroad and freight transportation services. Its principal operating company, Union Pacific Railroad Co, operates as a railroad franchise. The Railroad’s diversified business mix includes agricultural products, automotive, chemicals, coal, industrial products, and intermodal.
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