KLR Investment Advisors LLC Makes New Investment in Union Pacific Co. (NYSE:UNP)

KLR Investment Advisors LLC bought a new position in shares of Union Pacific Co. (NYSE:UNP) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 2,788 shares of the railroad operator’s stock, valued at approximately $561,000.

Other hedge funds also recently modified their holdings of the company. Koesten Hirschmann & Crabtree INC. bought a new stake in Union Pacific during the fourth quarter worth $25,000. NewSquare Capital LLC lifted its position in shares of Union Pacific by 116.7% during the 1st quarter. NewSquare Capital LLC now owns 130 shares of the railroad operator’s stock worth $26,000 after buying an additional 70 shares during the last quarter. Tucker Asset Management LLC bought a new stake in shares of Union Pacific during the 1st quarter worth $26,000. Miller Wealth Advisors LLC boosted its stake in Union Pacific by 108.3% in the first quarter. Miller Wealth Advisors LLC now owns 125 shares of the railroad operator’s stock valued at $30,000 after buying an additional 65 shares in the last quarter. Finally, Centerpoint Advisors LLC grew its position in Union Pacific by 86.7% in the first quarter. Centerpoint Advisors LLC now owns 155 shares of the railroad operator’s stock valued at $31,000 after acquiring an additional 72 shares during the last quarter. Institutional investors own 77.36% of the company’s stock.

Insider Activity at Union Pacific

In other Union Pacific news, EVP Kenyatta G. Rocker sold 8,700 shares of the firm’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 transaction, the executive vice president now directly owns 42,061 shares of the company’s stock, valued at $9,355,628.23. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, CFO Jennifer L. Hamann sold 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 23rd. The stock was sold at an average price of $222.83, for a total value of $222,830.00. Following the transaction, the chief financial officer now owns 99,378 shares in the company, valued at $22,144,399.74. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kenyatta G. Rocker sold 8,700 shares of the company’s stock in a transaction on Wednesday, August 23rd. The stock was sold at an average price of $222.43, for a total value of $1,935,141.00. Following the sale, the executive vice president now owns 42,061 shares of the company’s stock, valued at approximately $9,355,628.23. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by insiders.

Union Pacific Stock Down 0.1 %

NYSE UNP traded down $0.25 on Monday, hitting $211.55. 169,886 shares of the company were exchanged, compared to its average volume of 2,938,152. The company has a current ratio of 0.71, a quick ratio of 0.57 and a debt-to-equity ratio of 2.39. The company has a market cap of $128.93 billion, a PE ratio of 19.32, a PEG ratio of 2.01 and a beta of 1.11. The stock has a fifty day moving average of $219.98 and a 200-day moving average of $206.08. Union Pacific Co. has a 12 month low of $183.69 and a 12 month high of $240.48.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Wednesday, July 26th. The railroad operator reported $2.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.75 by ($0.18). Union Pacific had a return on equity of 55.03% and a net margin of 27.18%. The company had revenue of $5.96 billion for the quarter, compared to the consensus estimate of $6.09 billion. During the same period last year, the company earned $2.93 EPS. Union Pacific’s revenue for the quarter was down 4.9% compared to the same quarter last year. As a group, analysts forecast that Union Pacific Co. will post 10.5 earnings per share for the current year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Thursday, August 31st will be issued a dividend of $1.30 per share. The ex-dividend date of this dividend is Wednesday, August 30th. This represents a $5.20 annualized dividend and a dividend yield of 2.46%. Union Pacific’s dividend payout ratio is 47.45%.

Analyst Ratings Changes

A number of research firms have recently weighed in on UNP. Raymond James raised their price target on shares of Union Pacific from $230.00 to $270.00 and gave the company a “strong-buy” rating in a research note on Thursday, July 27th. Royal Bank of Canada upgraded shares of Union Pacific from a “sector perform” rating to an “outperform” rating and upped their price target for the stock from $193.00 to $282.00 in a report on Wednesday, July 26th. Stephens raised their price objective on Union Pacific from $232.00 to $257.00 and gave the company an “overweight” rating in a report on Thursday, July 27th. Bank of America upped their target price on Union Pacific from $237.00 to $265.00 in a report on Thursday, July 27th. Finally, Stifel Nicolaus lifted their price target on Union Pacific from $216.00 to $223.00 in a research note on Monday, July 17th. Twelve equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $233.97.

Union Pacific 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.