Jacobs & Co. CA Has $13.12 Million Stock Holdings in Union Pacific Co. (NYSE:UNP)


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Jacobs & Co. CA cut its holdings in Union Pacific Co. (NYSE:UNP) by 0.9% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 59,505 shares of the railroad operator’s stock after selling 514 shares during the quarter. Union Pacific comprises approximately 1.6% of Jacobs & Co. CA’s holdings, making the stock its 21st largest position. Jacobs & Co. CA’s holdings in Union Pacific were worth $13,115,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vantage Consulting Group Inc acquired a new stake in Union Pacific in the fourth quarter valued at approximately $30,000. Syverson Strege & Co acquired a new stake in shares of Union Pacific in the fourth quarter worth $31,000. MPS Loria Financial Planners LLC lifted its stake 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 worth $33,000 after buying an additional 53 shares during the last quarter. McCarthy Asset Management Inc. acquired a new stake in shares of Union Pacific in the fourth quarter worth $36,000. Finally, DB Wealth Management Group LLC acquired a new stake in shares of Union Pacific in the fourth quarter worth $37,000. Hedge funds and other institutional investors own 77.83% of the company’s stock.

In other news, VP Todd M. Rynaski sold 7,698 shares of the company’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 sale, the vice president now owns 17,197 shares of the company’s stock, valued at approximately $3,645,764. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Elizabeth F. Whited sold 1,491 shares of the company’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 sale, the executive vice president now directly owns 34,124 shares in the company, valued at approximately $7,336,660. The disclosure for this sale can be found here. 0.20% of the stock is currently owned by corporate insiders.

Shares of UNP traded down $0.61 during trading hours on Thursday, hitting $220.73. The stock had a trading volume of 14,657 shares, compared to its average volume of 3,003,053. The company’s fifty day moving average is $212.90 and its two-hundred day moving average is $205.09. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.06 and a quick ratio of 0.93. Union Pacific Co. has a 52 week low of $141.22 and a 52 week high of $224.62. The stock has a market capitalization of $147.85 billion, a price-to-earnings ratio of 28.20, a P/E/G ratio of 2.33 and a beta of 1.11.

Union Pacific (NYSE:UNP) last posted its earnings results on Wednesday, January 20th. The railroad operator reported $2.36 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.25 by $0.11. Union Pacific had a net margin of 27.40% and a return on equity of 31.71%. The business had revenue of $5.14 billion for the quarter, compared to analyst estimates of $5.14 billion. During the same quarter in the prior year, the firm earned $2.02 EPS. Equities analysts predict that Union Pacific Co. will post 8.02 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 31st. Stockholders of record on Friday, February 26th were issued a $0.97 dividend. This represents a $3.88 annualized dividend and a dividend yield of 1.76%. The ex-dividend date of this dividend was Thursday, February 25th. Union Pacific’s payout ratio is 46.30%.

UNP has been the subject of a number of analyst reports. UBS Group boosted their price objective on shares of Union Pacific from $219.00 to $230.00 and gave the stock a “buy” rating in a research note on Friday, January 22nd. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell boosted their price objective on shares of Union Pacific from $215.00 to $250.00 in a research note on Monday, January 11th. Barclays restated a “neutral” rating on shares of Union Pacific in a research note on Monday, January 11th. BMO Capital Markets boosted their price objective on shares of Union Pacific from $220.00 to $230.00 and gave the stock an “outperform” rating in a research note on Monday, January 11th. Finally, Credit Suisse Group cut their target price on shares of Union Pacific from $249.00 to $243.00 and set an “outperform” rating for the company in a research note on Friday, January 22nd. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $204.96.

Union Pacific Profile

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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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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