Calton & Associates Inc. Acquires 171 Shares of Union Pacific Co. (NYSE:UNP)

Calton & Associates Inc. increased its stake in shares of Union Pacific Co. (NYSE:UNP) by 5.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,366 shares of the railroad operator’s stock after purchasing an additional 171 shares during the quarter. Calton & Associates Inc.’s holdings in Union Pacific were worth $569,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the stock. Centric Wealth Management boosted its holdings in shares of Union Pacific by 3.9% during the second quarter. Centric Wealth Management now owns 3,512 shares of the railroad operator’s stock worth $594,000 after purchasing an additional 132 shares during the period. Douglas Lane & Associates LLC boosted its holdings in shares of Union Pacific by 2.5% during the second quarter. Douglas Lane & Associates LLC now owns 5,849 shares of the railroad operator’s stock worth $989,000 after purchasing an additional 141 shares during the period. Carroll Financial Associates Inc. boosted its holdings in shares of Union Pacific by 4.4% during the second quarter. Carroll Financial Associates Inc. now owns 6,771 shares of the railroad operator’s stock worth $1,145,000 after purchasing an additional 284 shares during the period. WINTON GROUP Ltd boosted its holdings in shares of Union Pacific by 12.5% during the second quarter. WINTON GROUP Ltd now owns 355,385 shares of the railroad operator’s stock worth $60,099,000 after purchasing an additional 39,383 shares during the period. Finally, DNB Asset Management AS boosted its holdings in shares of Union Pacific by 3.8% during the second quarter. DNB Asset Management AS now owns 115,940 shares of the railroad operator’s stock worth $19,607,000 after purchasing an additional 4,266 shares during the period. Institutional investors and hedge funds own 79.02% of the company’s stock.

In related news, Director William J. Delaney III bought 5,000 shares of the company’s stock in a transaction that occurred on Monday, May 20th. The shares were acquired at an average price of $174.06 per share, with a total value of $870,300.00. Following the completion of the transaction, the director now owns 5,000 shares of the company’s stock, valued at approximately $870,300. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Robert M. Knight, Jr. sold 8,620 shares of the business’s stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of $180.04, for a total transaction of $1,551,944.80. Following the transaction, the executive vice president now directly owns 94,943 shares in the company, valued at approximately $17,093,537.72. The disclosure for this sale can be found here. Insiders own 9.96% of the company’s stock.

NYSE:UNP opened at $162.45 on Friday. Union Pacific Co. has a 12 month low of $128.08 and a 12 month high of $180.54. The firm has a market cap of $116.72 billion, a price-to-earnings ratio of 20.54, a P/E/G ratio of 1.85 and a beta of 1.04. The company has a quick ratio of 0.58, a current ratio of 0.72 and a debt-to-equity ratio of 1.26. The company’s 50 day moving average is $171.43 and its 200-day moving average is $169.72.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, July 18th. The railroad operator reported $2.22 EPS for the quarter, beating the Zacks’ consensus estimate of $2.12 by $0.10. Union Pacific had a net margin of 26.95% and a return on equity of 31.74%. The company had revenue of $5.60 billion for the quarter, compared to analyst estimates of $5.62 billion. During the same quarter last year, the firm posted $1.98 earnings per share. The company’s quarterly revenue was down 1.3% compared to the same quarter last year. Research analysts predict that Union Pacific Co. will post 8.96 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, August 30th will be given a dividend of $0.97 per share. The ex-dividend date of this dividend is Thursday, August 29th. This represents a $3.88 dividend on an annualized basis and a yield of 2.39%. This is a positive change from Union Pacific’s previous quarterly dividend of $0.88. Union Pacific’s payout ratio is 44.50%.

Several equities analysts recently weighed in on the stock. Goldman Sachs Group assumed coverage on shares of Union Pacific in a research report on Wednesday, July 10th. They set a “buy” rating and a $198.00 price objective on the stock. Loop Capital raised their price objective on shares of Union Pacific to $191.00 in a research report on Friday, July 19th. Cowen reaffirmed a “buy” rating and set a $184.00 price objective on shares of Union Pacific in a research report on Thursday, July 18th. UBS Group set a $201.00 price objective on shares of Union Pacific and gave the company a “buy” rating in a research report on Friday, July 19th. Finally, Sanford C. Bernstein set a $177.00 price objective on shares of Union Pacific and gave the company a “hold” rating in a research report on Friday, July 19th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and fourteen have given a buy rating to the company. Union Pacific currently has an average rating of “Buy” and an average price target of $182.62.

Union Pacific Company Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.

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

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