Nelson Van Denburg & Campbell Wealth Management Group LLC lessened its stake in Union Pacific Co. (NYSE:UNP) by 5.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,749 shares of the railroad operator’s stock after selling 1,475 shares during the period. Union Pacific comprises approximately 0.9% of Nelson Van Denburg & Campbell Wealth Management Group LLC’s investment portfolio, making the stock its 27th largest holding. Nelson Van Denburg & Campbell Wealth Management Group LLC’s holdings in Union Pacific were worth $3,666,000 at the end of the most recent reporting period.
A number of other institutional investors also recently added to or reduced their stakes in UNP. Obermeyer Wood Investment Counsel Lllp lifted its holdings in Union Pacific by 1.7% in the 4th quarter. Obermeyer Wood Investment Counsel Lllp now owns 3,729 shares of the railroad operator’s stock valued at $515,000 after purchasing an additional 61 shares in the last quarter. Hamilton Point Investment Advisors LLC lifted its holdings in Union Pacific by 1.2% in the 4th quarter. Hamilton Point Investment Advisors LLC now owns 5,443 shares of the railroad operator’s stock valued at $752,000 after purchasing an additional 65 shares in the last quarter. Howe & Rusling Inc. lifted its holdings in Union Pacific by 25.4% in the 4th quarter. Howe & Rusling Inc. now owns 346 shares of the railroad operator’s stock valued at $48,000 after purchasing an additional 70 shares in the last quarter. DeDora Capital Inc. lifted its holdings in Union Pacific by 1.7% in the 4th quarter. DeDora Capital Inc. now owns 4,162 shares of the railroad operator’s stock valued at $575,000 after purchasing an additional 71 shares in the last quarter. Finally, Parallel Advisors LLC lifted its holdings in Union Pacific by 2.4% in the 4th quarter. Parallel Advisors LLC now owns 3,039 shares of the railroad operator’s stock valued at $420,000 after purchasing an additional 71 shares in the last quarter. Institutional investors and hedge funds own 79.69% of the company’s stock.
In related news, VP Todd M. Rynaski sold 8,802 shares of the firm’s stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $170.00, for a total transaction of $1,496,340.00. Following the completion of the sale, the vice president now directly owns 19,731 shares of the company’s stock, valued at approximately $3,354,270. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Robert M. Knight, Jr. sold 10,000 shares of the firm’s stock in a transaction dated Thursday, April 4th. The stock was sold at an average price of $170.01, for a total value of $1,700,100.00. Following the sale, the executive vice president now directly owns 94,943 shares of the company’s stock, valued at $16,141,259.43. The disclosure for this sale can be found here. 9.96% of the stock is currently owned by company insiders.
Shares of NYSE:UNP traded up $7.38 during midday trading on Friday, reaching $176.66. 8,684,655 shares of the company’s stock were exchanged, compared to its average volume of 3,306,902. The company has a current ratio of 0.75, a quick ratio of 0.74 and a debt-to-equity ratio of 1.32. The company has a market capitalization of $127.70 billion, a price-to-earnings ratio of 21.60, a PEG ratio of 1.97 and a beta of 1.11. Union Pacific Co. has a fifty-two week low of $126.37 and a fifty-two week high of $177.77.
Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, April 18th. The railroad operator reported $1.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.89 by $0.04. The firm had revenue of $5.38 billion during the quarter, compared to the consensus estimate of $5.51 billion. Union Pacific had a return on equity of 30.73% and a net margin of 26.59%. The company’s quarterly revenue was down 1.7% on a year-over-year basis. During the same period last year, the company earned $1.68 EPS. As a group, equities research analysts predict that Union Pacific Co. will post 8.98 earnings per share for the current fiscal year.
Union Pacific declared that its Board of Directors has approved a share repurchase plan on Thursday, February 7th that permits the company to buyback 150,000,000 shares. This buyback authorization permits the railroad operator to repurchase shares of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Thursday, February 28th were given a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.99%. This is an increase from Union Pacific’s previous quarterly dividend of $0.80. The ex-dividend date of this dividend was Wednesday, February 27th. Union Pacific’s dividend payout ratio (DPR) is presently 44.50%.
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Union Pacific Company Profile
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.
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