Raymond James Financial Services Advisors Inc. Expands Shareholding of Union Pacific Co. (NYSE:UNP)

Financial Advisors


Raymond James Financial Services Advisors Inc. increased its stake in Union Pacific Co. (NYSE:UNP – Get Rating) by 2.1% in the fourth quarter, according to the latest disclosure to the SEC. The fund held 1,336,973 shares of the rail operator after he purchased an additional 27,724 shares during the period. Raymond James Financial Services Advisors Inc. owned approximately 0.22% of Union Pacific worth $276,863,000 as of its most recent SEC filing.

Several other large investors have also recently changed positions in the business. Soundview Wealth Advisors Group LLC increased his holding in Union Pacific shares by 2.5% in the fourth quarter. He now owns 2,885 shares of the railroad company worth $597,000 after Sound View Wealth Advisors Group LLC purchased an additional 69 shares from him last quarter. Sunbelt Securities Inc. increased its position in Union Pacific shares by 3.5% in the fourth quarter. After Sunbelt Securities Inc. acquired an additional 111 shares last quarter, he now owns 3,276 shares in the railroad company worth $678,000. Amica Retiree Medical Trust increased its position in Union Pacific equities by 70.2% in the fourth quarter. Amica Retiree Medical Trust now owns 4,046 shares of the rail operator worth $838,000 after acquiring an additional 1,669 shares in the previous quarter. Alaska Permanent Fund Corp increased its Union Pacific stock position by 1.0% in the fourth quarter. The Alaska Permanent Fund Corporation now owns 26,500 shares of the railroad operator worth $5,487,000 after acquiring an additional 251 shares last quarter. Finally, Machina Capital SAS purchased new Union Pacific shares worth approximately $590,000 in the fourth quarter. Currently 77.27% of the shares are owned by hedge funds and other institutional investors.

Union Pacific Insider Trading

In related news, EVP Elizabeth F. Whited sold 2,500 shares in a transaction that took place on Monday, February 27th. The shares sold for an average of $213.00 and the total deal value was her $532,500.00. Following the closing of the sale, the Vice President now owns 39,080 shares of the Company’s stock valued at $8,324,040. The transaction was disclosed in filings with the Securities and Exchange Commission available via this hyperlink. A corporate insider owns her 0.30% of the company’s shares.

Union Pacific Trading Down 0.2%

Union Pacific shares fell $0.32 during Tuesday’s trading hours to reach $199.62. The company had a trading volume of 661,769 shares and an average trading volume of 3,290,814 shares for him. The company has a market capitalization of $121.71 billion, a P/E ratio of 17.66, a P/E/G ratio of 1.77 and a beta of 1.10. The company has a debt to equity ratio of 2.50, a quick ratio of 0.54 and a current ratio of 0.65. Union Pacific Co. has a one-year low of $183.69 and a one-year high of $242.35. The company’s 50-day moving average price is $197.78 and its 200-day moving average price is $203.67.

Union Pacific (NYSE:UNP – Get Rating) last reported quarterly results on Thursday, April 20. The rail operator reported earnings of $2.67 per share for the quarter, beating consensus expectations of $2.57 by $0.10. Union Pacific posted a net profit margin of 27.91% and a return on equity of 57.75%. The company posted revenue of $6.06 billion for the quarter, compared to analyst estimates of $6.03 billion. In the same quarter last year, the company earned his EPS of $2.57. The company’s revenue increased by 3.3% compared to the same quarter last year. On average, sell-side analysts expect Union Pacific to earn his earnings per share of 11.34 this year.

Union Pacific Announces Dividend

The company recently announced a quarterly dividend, which was paid out on Friday, March 31st. Shareholders of record on Tuesday, February 28 were awarded a dividend of $1.30. The ex-dividend date for this dividend was Monday, February 27. This represents his $5.20 dividend and his 2.60% dividend yield on an annualized basis. Union Pacific’s payout percentage is currently 45.94%.

Analyst Rating Change

Several brokerage firms have recently considered UNP. Raymond James raised his price target on Union Pacific shares from his $225.00 to his $230.00, giving the company a “strong buy” rating in a research report on Friday, April 21. Bank of America raised its price target on Union Pacific shares to $247.00 from $241.00, giving the company a Buy rating in its research report on Friday, April 21. Goldman Sachs Group Inc. raised its price target on Union Pacific shares to $225.00 from $219.00, giving the company a Buy rating in a research report on Tuesday, January 24. Deutsche Bank Aktiengesellschaft lowered its price target on Union Pacific shares to $207.00 from $215.00 in a research report on Wednesday, March 15. Finally, BMO Capital Markets lowered its price target on Union Pacific shares from $245.00 to $240.00, setting the company’s “Outperform” rating in its research report on Friday, April 21. Fourteen equity research analysts gave this stock a hold rating, 11 issued a buy rating, and one assigned a strong buy rating. According to MarketBeat, the stock has an average rating of “moderate buy” and a consensus target price of $215.56.

About Union Pacific

(get rating)

Union Pacific Corporation is engaged in the provision of rail and freight transportation services. The company was founded in his 1969 and is headquartered in Omaha, Nebraska.

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Union Pacific (NYSE:UNP) Quarterly Institutional Ownerships

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