Mawer Investment Management Ltd. increased its holdings in shares of Union Pacific Co. (NYSE:UNP) by 20.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,427,211 shares of the railroad operator’s stock after buying an additional 241,341 shares during the quarter. Union Pacific accounts for about 1.6% of Mawer Investment Management Ltd.’s portfolio, making the stock its 23rd largest position. Mawer Investment Management Ltd. owned approximately 0.19% of Union Pacific worth $191,860,000 as of its most recent SEC filing.
A number of other hedge funds have also made changes to their positions in the stock. Acropolis Investment Management LLC purchased a new stake in Union Pacific during the 4th quarter valued at about $107,000. Icon Wealth Partners LLC purchased a new stake in Union Pacific during the 4th quarter valued at about $119,000. Exane Derivatives grew its stake in Union Pacific by 55,600.0% during the 4th quarter. Exane Derivatives now owns 1,114 shares of the railroad operator’s stock valued at $149,000 after purchasing an additional 1,112 shares during the last quarter. Certified Advisory Corp purchased a new stake in Union Pacific during the 4th quarter valued at about $175,000. Finally, Aevitas Wealth Management Inc. purchased a new stake in Union Pacific during the 4th quarter valued at about $185,000. Hedge funds and other institutional investors own 81.06% of the company’s stock.
In other Union Pacific news, EVP Elizabeth F. Whited sold 15,576 shares of the stock in a transaction that occurred on Tuesday, April 3rd. The stock was sold at an average price of $133.79, for a total transaction of $2,083,913.04. Following the completion of the transaction, the executive vice president now owns 65,613 shares of the company’s stock, valued at $8,778,363.27. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Robert M. Knight, Jr. sold 25,000 shares of the stock in a transaction that occurred on Tuesday, March 20th. The shares were sold at an average price of $137.39, for a total value of $3,434,750.00. Following the transaction, the chief financial officer now directly owns 106,518 shares of the company’s stock, valued at approximately $14,634,508.02. The disclosure for this sale can be found here. Corporate insiders own 0.20% of the company’s stock.
NYSE UNP opened at $142.49 on Friday. The stock has a market capitalization of $108.06 billion, a P/E ratio of 24.61, a price-to-earnings-growth ratio of 1.73 and a beta of 0.79. Union Pacific Co. has a twelve month low of $140.05 and a twelve month high of $141.48. The company has a quick ratio of 0.65, a current ratio of 0.82 and a debt-to-equity ratio of 0.64.
Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, April 26th. The railroad operator reported $1.68 earnings per share for the quarter, topping analysts’ consensus estimates of $1.66 by $0.02. The company had revenue of $5.47 billion during the quarter, compared to analysts’ expectations of $5.39 billion. Union Pacific had a return on equity of 22.16% and a net margin of 50.73%. Union Pacific’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.32 EPS. equities research analysts expect that Union Pacific Co. will post 7.59 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, June 29th. Investors of record on Thursday, May 31st will be issued a $0.73 dividend. The ex-dividend date is Wednesday, May 30th. This represents a $2.92 dividend on an annualized basis and a yield of 2.05%. Union Pacific’s payout ratio is 50.43%.
About Union Pacific
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash.
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