Itau Unibanco Holding S.A. Takes $4.66 Million Position in Union Pacific Co. (NYSE:UNP)

Itau Unibanco Holding S.A. bought a new stake in Union Pacific Co. (NYSE:UNP) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 23,140 shares of the railroad operator’s stock, valued at approximately $4,657,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of UNP. Koesten Hirschmann & Crabtree INC. purchased a new position in shares of Union Pacific in the fourth quarter worth about $25,000. NewSquare Capital LLC lifted its stake in shares of Union Pacific by 116.7% in the first quarter. NewSquare Capital LLC now owns 130 shares of the railroad operator’s stock worth $26,000 after buying an additional 70 shares in the last quarter. Tucker Asset Management LLC purchased a new position in shares of Union Pacific in the first quarter worth about $26,000. Miller Wealth Advisors LLC lifted its stake in shares of Union Pacific by 108.3% in the first quarter. Miller Wealth Advisors LLC now owns 125 shares of the railroad operator’s stock worth $30,000 after buying an additional 65 shares in the last quarter. Finally, Centerpoint Advisors LLC lifted its stake in shares of Union Pacific by 86.7% in the first quarter. Centerpoint Advisors LLC now owns 155 shares of the railroad operator’s stock worth $31,000 after buying an additional 72 shares in the last quarter. 77.36% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Union Pacific news, CFO Jennifer L. Hamann sold 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 23rd. The shares were sold at an average price of $222.83, for a total transaction of $222,830.00. Following the completion of the transaction, the chief financial officer now owns 99,378 shares in the company, valued at approximately $22,144,399.74. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other news, EVP Kenyatta G. Rocker sold 8,700 shares of the company’s stock in a transaction on Wednesday, August 23rd. The shares were sold at an average price of $222.43, for a total value of $1,935,141.00. Following the completion of the transaction, the executive vice president now owns 42,061 shares in the company, valued at approximately $9,355,628.23. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Jennifer L. Hamann sold 1,000 shares of the company’s stock in a transaction on Wednesday, August 23rd. The shares were sold at an average price of $222.83, for a total transaction of $222,830.00. Following the completion of the transaction, the chief financial officer now owns 99,378 shares of the company’s stock, valued at approximately $22,144,399.74. The disclosure for this sale can be found here. 0.30% of the stock is currently owned by company insiders.

Union Pacific Stock Down 1.0 %

Shares of UNP stock traded down $2.32 during trading on Thursday, reaching $220.57. The company’s stock had a trading volume of 2,390,074 shares, compared to its average volume of 2,962,689. The company has a debt-to-equity ratio of 2.39, a current ratio of 0.71 and a quick ratio of 0.57. The company has a market capitalization of $134.43 billion, a price-to-earnings ratio of 20.34, a P/E/G ratio of 2.14 and a beta of 1.11. The stock’s 50-day moving average price is $218.11 and its 200 day moving average price is $205.25. Union Pacific Co. has a 1-year low of $183.69 and a 1-year high of $240.48.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Wednesday, July 26th. The railroad operator reported $2.57 EPS for the quarter, missing the consensus estimate of $2.75 by ($0.18). Union Pacific had a return on equity of 55.03% and a net margin of 27.18%. The firm had revenue of $5.96 billion for the quarter, compared to analyst estimates of $6.09 billion. During the same quarter last year, the firm earned $2.93 EPS. The company’s revenue was down 4.9% on a year-over-year basis. On average, research analysts anticipate that Union Pacific Co. will post 10.5 EPS for the current year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Thursday, August 31st will be issued a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a yield of 2.36%. The ex-dividend date is Wednesday, August 30th. Union Pacific’s dividend payout ratio (DPR) is presently 47.45%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on UNP shares. Stifel Nicolaus raised their price target on shares of Union Pacific from $216.00 to $223.00 in a research note on Monday, July 17th. Barclays lifted their target price on shares of Union Pacific from $230.00 to $285.00 and gave the stock an “overweight” rating in a research note on Thursday, July 27th. Morgan Stanley reduced their target price on shares of Union Pacific from $171.00 to $168.00 in a research note on Thursday, July 6th. Robert W. Baird lifted their target price on shares of Union Pacific from $228.00 to $260.00 in a research note on Thursday, July 27th. Finally, StockNews.com started coverage on shares of Union Pacific in a research note on Thursday, August 17th. They set a “hold” rating on the stock. Twelve analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $233.97.

Union Pacific Company Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, and other agricultural users; petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.