Union Pacific Co. (UNP) Stake Decreased by Montag A & Associates Inc.

Montag A & Associates Inc. lessened its holdings in shares of Union Pacific Co. (NYSE:UNP) by 34.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,460 shares of the railroad operator’s stock after selling 12,695 shares during the period. Montag A & Associates Inc.’s holdings in Union Pacific were worth $3,288,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in UNP. Schwab Charles Investment Management Inc. lifted its holdings in shares of Union Pacific by 69.0% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 5,019,393 shares of the railroad operator’s stock valued at $674,758,000 after purchasing an additional 2,049,128 shares in the last quarter. Mackenzie Financial Corp lifted its stake in Union Pacific by 248.7% in the 4th quarter. Mackenzie Financial Corp now owns 2,156,861 shares of the railroad operator’s stock valued at $289,235,000 after acquiring an additional 1,538,325 shares in the last quarter. BlackRock Inc. lifted its stake in Union Pacific by 2.8% in the 4th quarter. BlackRock Inc. now owns 52,135,522 shares of the railroad operator’s stock valued at $6,991,373,000 after acquiring an additional 1,434,475 shares in the last quarter. TIAA CREF Investment Management LLC lifted its stake in Union Pacific by 19.5% in the 4th quarter. TIAA CREF Investment Management LLC now owns 8,608,925 shares of the railroad operator’s stock valued at $1,154,457,000 after acquiring an additional 1,403,429 shares in the last quarter. Finally, Stifel Financial Corp lifted its stake in Union Pacific by 4,512.7% in the 3rd quarter. Stifel Financial Corp now owns 1,182,095 shares of the railroad operator’s stock valued at $137,145,000 after acquiring an additional 1,156,468 shares in the last quarter. Institutional investors and hedge funds own 81.06% of the company’s stock.

Shares of Union Pacific opened at $142.49 on Friday, Marketbeat reports. Union Pacific Co. has a 12-month low of $140.05 and a 12-month high of $141.48. The company has a market cap of $108.88 billion, a PE ratio of 22.95, a P/E/G ratio of 1.75 and a beta of 0.79. The company has a current ratio of 0.82, a quick ratio of 0.65 and a debt-to-equity ratio of 0.64.

Union Pacific (NYSE:UNP) last posted its 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 business had revenue of $5.47 billion for the quarter, compared to analyst estimates of $5.39 billion. Union Pacific had a return on equity of 22.16% and a net margin of 50.73%. The firm’s revenue was up 6.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.32 EPS. equities analysts expect that Union Pacific Co. will post 7.59 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 29th. Investors of record on Thursday, May 31st will be issued a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a dividend yield of 2.05%. The ex-dividend date is Wednesday, May 30th. Union Pacific’s payout ratio is presently 50.43%.

Several research firms have commented on UNP. TD Securities cut their target price on Union Pacific from $155.00 to $150.00 and set a “buy” rating on the stock in a research note on Friday, January 26th. Robert W. Baird restated a “hold” rating on shares of Union Pacific in a research note on Friday, January 26th. UBS cut their target price on Union Pacific from $164.00 to $162.00 and set a “buy” rating on the stock in a research note on Friday, January 26th. Seaport Global Securities cut Union Pacific from a “buy” rating to a “neutral” rating in a research note on Friday, January 26th. They noted that the move was a valuation call. Finally, Loop Capital boosted their target price on Union Pacific from $137.00 to $145.00 and gave the company a “hold” rating in a research note on Monday, April 16th. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and twelve have issued a buy rating to the company. Union Pacific presently has a consensus rating of “Hold” and a consensus price target of $138.95.

In related news, CFO Robert M. Knight, Jr. sold 25,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 20th. The stock was sold at an average price of $137.39, for a total transaction 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Elizabeth F. Whited sold 15,576 shares of the business’s stock in a transaction that occurred on Tuesday, April 3rd. The stock was sold at an average price of $133.79, for a total value of $2,083,913.04. Following the transaction, the executive vice president now directly owns 65,613 shares in the company, valued at $8,778,363.27. The disclosure for this sale can be found here. 0.20% of the stock is currently owned by insiders.

Union Pacific Profile

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

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