Anderson Hoagland & Co. Sells 731 Shares of Union Pacific Co. (NYSE:UNP)
Anderson Hoagland & Co. lessened its position in shares of Union Pacific Co. (NYSE:UNP) by 10.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,540 shares of the railroad operator’s stock after selling 731 shares during the quarter. Anderson Hoagland & Co.’s holdings in Union Pacific were worth $1,059,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Krane Funds Advisors LLC bought a new position in shares of Union Pacific during the 2nd quarter worth approximately $25,000. River & Mercantile Asset Management LLP bought a new position in shares of Union Pacific during the 2nd quarter worth approximately $29,000. Mackey Komara & Dankovich LLC increased its stake in Union Pacific by 549.7% during the 2nd quarter. Mackey Komara & Dankovich LLC now owns 1,124 shares of the railroad operator’s stock valued at $30,000 after purchasing an additional 951 shares in the last quarter. Transamerica Financial Advisors Inc. acquired a new position in Union Pacific during the 2nd quarter valued at approximately $31,000. Finally, Virtus ETF Advisers LLC acquired a new position in Union Pacific during the 2nd quarter valued at approximately $32,000. Hedge funds and other institutional investors own 77.77% of the company’s stock.
A number of research analysts have issued reports on the stock. Cascend Securities lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Wednesday, July 17th. ValuEngine lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Goldman Sachs Group assumed coverage on shares of Union Pacific in a research note on Wednesday, July 10th. They set a “buy” rating and a $198.00 price target on the stock. Zacks Investment Research upgraded shares of Union Pacific from a “sell” rating to a “hold” rating and set a $184.00 price target on the stock in a research note on Monday, July 22nd. Finally, Credit Suisse Group set a $203.00 price target on shares of Union Pacific and gave the company a “buy” rating in a research note on Friday, July 19th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and thirteen have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $182.15.
Shares of NYSE:UNP traded up $1.76 during midday trading on Wednesday, reaching $153.23. The company’s stock had a trading volume of 3,484,816 shares, compared to its average volume of 3,564,739. The firm has a market capitalization of $110.13 billion, a PE ratio of 19.37, a P/E/G ratio of 1.76 and a beta of 1.07. Union Pacific Co. has a twelve month low of $128.08 and a twelve month high of $180.54. The stock has a fifty day moving average of $162.69 and a 200 day moving average of $168.91. The company has a quick ratio of 0.58, a current ratio of 0.72 and a debt-to-equity ratio of 1.26.
Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, July 18th. The railroad operator reported $2.22 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.12 by $0.10. The firm had revenue of $5.60 billion for the quarter, compared to analyst estimates of $5.62 billion. Union Pacific had a net margin of 26.95% and a return on equity of 31.74%. The business’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.98 earnings per share. Sell-side analysts anticipate that Union Pacific Co. will post 8.89 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, August 30th were paid a $0.97 dividend. The ex-dividend date of this dividend was Thursday, August 29th. This represents a $3.88 dividend on an annualized basis and a dividend yield of 2.53%. This is a positive change from Union Pacific’s previous quarterly dividend of $0.88. Union Pacific’s dividend payout ratio is presently 49.05%.
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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