Avalon Advisors LLC Has $20.17 Million Holdings in Union Pacific Co. (NYSE:UNP)

Avalon Advisors LLC grew its holdings in Union Pacific Co. (NYSE:UNP) by 9,575.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 145,907 shares of the railroad operator’s stock after purchasing an additional 144,399 shares during the period. Avalon Advisors LLC’s holdings in Union Pacific were worth $20,169,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in UNP. Private Ocean LLC acquired a new stake in shares of Union Pacific in the fourth quarter valued at about $25,000. Gradient Investments LLC grew its position in shares of Union Pacific by 117.1% in the fourth quarter. Gradient Investments LLC now owns 241 shares of the railroad operator’s stock valued at $33,000 after purchasing an additional 130 shares during the last quarter. Tributary Capital Management LLC acquired a new stake in Union Pacific during the fourth quarter worth about $42,000. Essex Investment Management Co. LLC acquired a new stake in Union Pacific during the fourth quarter worth about $47,000. Finally, Howe & Rusling Inc. grew its position in Union Pacific by 25.4% during the fourth quarter. Howe & Rusling Inc. now owns 346 shares of the railroad operator’s stock worth $48,000 after buying an additional 70 shares in the last quarter. Institutional investors own 79.63% of the company’s stock.

NYSE:UNP opened at $177.22 on Friday. Union Pacific Co. has a 1 year low of $128.08 and a 1 year high of $179.55. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.75 and a quick ratio of 0.74. The company has a market capitalization of $125.44 billion, a PE ratio of 22.40, a PEG ratio of 1.95 and a beta of 1.11.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, April 18th. The railroad operator reported $1.93 earnings per share for the quarter, topping the consensus estimate of $1.89 by $0.04. Union Pacific had a net margin of 26.59% and a return on equity of 30.73%. The firm had revenue of $5.38 billion during the quarter, compared to analysts’ expectations of $5.51 billion. During the same quarter in the previous year, the company posted $1.68 EPS. Union Pacific’s revenue was down 1.7% on a year-over-year basis. As a group, sell-side analysts anticipate that Union Pacific Co. will post 9.05 EPS for the current year.

Union Pacific announced that its board has approved a share repurchase program on Thursday, February 7th that allows the company to buyback 150,000,000 shares. This buyback authorization allows the railroad operator to reacquire shares of its stock through open market purchases. Shares buyback programs are often a sign that the company’s board believes its shares are undervalued.

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Thursday, February 28th were given a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 1.99%. The ex-dividend date was Wednesday, February 27th. This is a boost from Union Pacific’s previous quarterly dividend of $0.80. Union Pacific’s payout ratio is 44.50%.

In other Union Pacific news, EVP Rhonda S. Ferguson sold 11,485 shares of Union Pacific stock in a transaction on Thursday, April 18th. The shares were sold at an average price of $175.00, for a total transaction of $2,009,875.00. Following the completion of the sale, the executive vice president now owns 53,858 shares of the company’s stock, valued at approximately $9,425,150. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Todd M. Rynaski sold 8,802 shares of Union Pacific stock in a transaction on 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 sale, the vice president now directly owns 19,731 shares of the company’s stock, valued at approximately $3,354,270. The disclosure for this sale can be found here. Insiders sold a total of 30,287 shares of company stock valued at $5,206,315 in the last 90 days. 9.96% of the stock is currently owned by corporate insiders.

UNP has been the topic of a number of recent research reports. Loop Capital lifted their target price on Union Pacific from $188.00 to $193.00 and gave the stock a “positive” rating in a research report on Thursday, January 24th. Deutsche Bank set a $200.00 target price on Union Pacific and gave the stock a “buy” rating in a research report on Monday, April 22nd. Royal Bank of Canada raised Union Pacific from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, January 8th. Zacks Investment Research raised Union Pacific from a “sell” rating to a “hold” rating in a research report on Saturday, January 5th. Finally, Citigroup lifted their price objective on Union Pacific from $180.00 to $195.00 and gave the company a “buy” rating in a report on Thursday, April 4th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $175.35.

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

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