American Money Management LLC Has $3.83 Million Stake in Union Pacific Co. (UNP)

American Money Management LLC lifted its holdings in shares of Union Pacific Co. (NYSE:UNP) by 7.6% during the 4th quarter, Holdings Channel reports. The firm owned 28,526 shares of the railroad operator’s stock after buying an additional 2,010 shares during the period. Union Pacific makes up approximately 2.3% of American Money Management LLC’s portfolio, making the stock its 12th largest position. American Money Management LLC’s holdings in Union Pacific were worth $3,825,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Clinton Group Inc. boosted its holdings in shares of Union Pacific by 82.0% during the 2nd quarter. Clinton Group Inc. now owns 25,117 shares of the railroad operator’s stock worth $2,735,000 after buying an additional 11,313 shares during the period. Dempze Nancy E boosted its holdings in shares of Union Pacific by 46.6% during the 4th quarter. Dempze Nancy E now owns 3,460 shares of the railroad operator’s stock worth $465,000 after buying an additional 1,100 shares during the period. FTB Advisors Inc. boosted its holdings in shares of Union Pacific by 2.1% during the 4th quarter. FTB Advisors Inc. now owns 69,603 shares of the railroad operator’s stock worth $9,438,000 after buying an additional 1,462 shares during the period. Prudential Financial Inc. boosted its holdings in shares of Union Pacific by 12.2% during the 3rd quarter. Prudential Financial Inc. now owns 2,562,570 shares of the railroad operator’s stock worth $297,180,000 after buying an additional 277,810 shares during the period. Finally, Crossmark Global Holdings Inc. bought a new stake in shares of Union Pacific during the 3rd quarter worth $9,954,000. 79.94% of the stock is owned by institutional investors and hedge funds.

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Several analysts recently issued reports on the stock. Argus upped their price objective on shares of Union Pacific from $130.00 to $155.00 and gave the stock a “buy” rating in a report on Thursday, February 1st. Bank of America upped their price objective on shares of Union Pacific from $150.00 to $159.00 and gave the stock a “buy” rating in a report on Thursday, March 15th. Zacks Investment Research downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, March 6th. Robert W. Baird reaffirmed a “hold” rating on shares of Union Pacific in a report on Friday, January 26th. Finally, Scotiabank reaffirmed a “hold” rating and set a $148.00 price objective on shares of Union Pacific in a report on Thursday, January 25th. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $133.70.

In other news, CFO Robert M. Knight, Jr. sold 25,000 shares of the firm’s stock in a transaction dated Tuesday, March 20th. The shares were sold at an average price of $137.39, for a total transaction of $3,434,750.00. Following the completion of 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 is available through this hyperlink. 0.20% of the stock is currently owned by company insiders.

NYSE:UNP opened at $134.43 on Monday. The stock has a market cap of $104,761.96, a PE ratio of 23.22, a price-to-earnings-growth ratio of 1.66 and a beta of 0.83. Union Pacific Co. has a 52 week low of $101.06 and a 52 week high of $143.05. The company has a quick ratio of 0.83, a current ratio of 1.02 and a debt-to-equity ratio of 0.65.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, January 25th. The railroad operator reported $1.53 EPS for the quarter, missing analysts’ consensus estimates of $1.54 by ($0.01). The business had revenue of $5.45 billion for the quarter, compared to the consensus estimate of $5.44 billion. Union Pacific had a return on equity of 22.26% and a net margin of 50.43%. Union Pacific’s revenue was up 5.5% on a year-over-year basis. During the same period in the previous year, the business posted $1.39 earnings per share. equities research analysts expect that Union Pacific Co. will post 7.58 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 30th. Stockholders of record on Wednesday, February 28th were issued a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a dividend yield of 2.17%. This is an increase from Union Pacific’s previous quarterly dividend of $0.67. The ex-dividend date was Tuesday, February 27th. Union Pacific’s dividend payout ratio (DPR) is presently 50.43%.

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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.

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

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