Parallel Advisors LLC Takes Position in Union Pacific Co. (UNP)

Parallel Advisors LLC purchased a new stake in shares of Union Pacific Co. (NYSE:UNP) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 2,216 shares of the railroad operator’s stock, valued at approximately $230,000.

A number of other institutional investors have also recently made changes to their positions in UNP. Traynor Capital Management Inc. increased its position in shares of Union Pacific by 0.4% in the third quarter. Traynor Capital Management Inc. now owns 2,702 shares of the railroad operator’s stock valued at $262,000 after buying an additional 11 shares in the last quarter. Alpha Windward LLC boosted its stake in Union Pacific by 0.6% in the third quarter. Alpha Windward LLC now owns 2,291 shares of the railroad operator’s stock valued at $223,000 after buying an additional 13 shares during the last quarter. IMS Capital Management boosted its stake in Union Pacific by 0.5% in the third quarter. IMS Capital Management now owns 3,097 shares of the railroad operator’s stock valued at $302,000 after buying an additional 15 shares during the last quarter. First Financial Bank N.A. Trust Division boosted its stake in Union Pacific by 0.5% in the third quarter. First Financial Bank N.A. Trust Division now owns 3,489 shares of the railroad operator’s stock valued at $340,000 after buying an additional 18 shares during the last quarter. Finally, Advisors Management Group Inc. ADV boosted its stake in Union Pacific by 0.6% in the third quarter. Advisors Management Group Inc. ADV now owns 3,280 shares of the railroad operator’s stock valued at $320,000 after buying an additional 18 shares during the last quarter. 79.43% of the stock is owned by hedge funds and other institutional investors.

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

Union Pacific Co. (NYSE:UNP) opened at 105.08 on Tuesday. Union Pacific Co. has a 1-year low of $77.29 and a 1-year high of $111.38. The company has a market cap of $85.51 billion, a price-to-earnings ratio of 20.73 and a beta of 0.71. The company’s 50-day moving average is $107.80 and its 200 day moving average is $100.98.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, January 19th. The railroad operator reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $1.33 by $0.06. The firm earned $5.20 billion during the quarter, compared to analysts’ expectations of $5.09 billion. Union Pacific had a net margin of 21.23% and a return on equity of 20.88%. The business’s revenue for the quarter was down .8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.31 earnings per share. On average, equities analysts predict that Union Pacific Co. will post $5.63 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, March 31st. Stockholders of record on Tuesday, February 28th will be issued a $0.605 dividend. The ex-dividend date of this dividend is Friday, February 24th. This represents a $2.42 dividend on an annualized basis and a dividend yield of 2.30%. Union Pacific’s dividend payout ratio (DPR) is currently 47.64%.

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Several research firms have weighed in on UNP. Vetr cut shares of Union Pacific from a “hold” rating to a “sell” rating and set a $99.75 price objective for the company. in a research report on Thursday, December 1st. Loop Capital restated a “hold” rating and issued a $96.00 price objective on shares of Union Pacific in a research report on Wednesday, February 22nd. Aegis raised their price objective on shares of Union Pacific from $115.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, January 20th. Stifel Nicolaus raised their price objective on shares of Union Pacific from $98.00 to $102.00 and gave the company a “hold” rating in a research report on Friday, January 20th. Finally, Royal Bank of Canada raised their price objective on shares of Union Pacific from $111.00 to $115.00 and gave the company a “sector perform” rating in a research report on Friday, January 20th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $104.24.

In other news, EVP Elizabeth F. Whited sold 1,000 shares of the stock in a transaction dated Friday, March 10th. The shares were sold at an average price of $106.89, for a total value of $106,890.00. Following the completion of the transaction, the executive vice president now owns 50,583 shares of the company’s stock, valued at $5,406,816.87. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Andrew H. Card, Jr. sold 4,000 shares of the stock in a transaction dated Wednesday, January 25th. The stock was sold at an average price of $109.53, for a total transaction of $438,120.00. Following the completion of the transaction, the director now directly owns 22,400 shares of the company’s stock, valued at approximately $2,453,472. The disclosure for this sale can be found here. 0.14% of the stock is currently owned by corporate insiders.

Union Pacific Company Profile

Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.

5 Day Chart for NYSE:UNP

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