Royal Fund Management LLC Takes $35,000 Position in Union Pacific Co. (NYSE:UNP)

Royal Fund Management LLC purchased a new stake in shares of Union Pacific Co. (NYSE:UNP) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 252 shares of the railroad operator’s stock, valued at approximately $35,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Westside Investment Management Inc. acquired a new position in Union Pacific in the first quarter valued at about $37,000. Stonebridge Financial Planning Group LLC acquired a new position in Union Pacific in the fourth quarter valued at about $41,000. IndexIQ Advisors LLC acquired a new position in Union Pacific in the fourth quarter valued at about $44,000. Simon Quick Advisors LLC lifted its stake in Union Pacific by 90.5% in the first quarter. Simon Quick Advisors LLC now owns 360 shares of the railroad operator’s stock valued at $51,000 after buying an additional 171 shares during the period. Finally, Carmichael Hill & Associates Inc. acquired a new position in Union Pacific in the fourth quarter valued at about $54,000. 79.76% of the stock is currently owned by institutional investors and hedge funds.

NYSE:UNP opened at $165.16 on Friday. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.67 and a current ratio of 0.82. The company has a market cap of $111.01 billion, a PE ratio of 19.18, a PEG ratio of 2.13 and a beta of 1.07. Union Pacific Co. has a 52-week low of $105.08 and a 52-week high of $188.96. The stock has a 50-day simple moving average of $151.96 and a 200 day simple moving average of $165.94.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, April 23rd. The railroad operator reported $2.15 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.90 by $0.25. The business had revenue of $5.23 billion during the quarter, compared to the consensus estimate of $5.08 billion. Union Pacific had a return on equity of 34.15% and a net margin of 27.85%. Union Pacific’s quarterly revenue was down 2.9% on a year-over-year basis. During the same period last year, the company earned $1.93 earnings per share. On average, research analysts predict that Union Pacific Co. will post 7.7 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 29th will be paid a $0.97 dividend. The ex-dividend date of this dividend is Thursday, May 28th. This represents a $3.88 dividend on an annualized basis and a yield of 2.35%. Union Pacific’s dividend payout ratio is 46.30%.

In related news, COO Vincenzo J. Vena purchased 3,206 shares of the firm’s stock in a transaction on Friday, February 28th. The stock was purchased at an average cost of $155.92 per share, for a total transaction of $499,879.52. Following the completion of the purchase, the chief operating officer now directly owns 19,966 shares in the company, valued at $3,113,098.72. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director William J. Delaney III purchased 15,000 shares of the firm’s stock in a transaction on Tuesday, March 31st. The stock was bought at an average price of $138.20 per share, with a total value of $2,073,000.00. Following the completion of the purchase, the director now owns 20,000 shares of the company’s stock, valued at $2,764,000. The disclosure for this purchase can be found here. 0.20% of the stock is owned by company insiders.

Several research firms have weighed in on UNP. UBS Group raised Union Pacific from a “neutral” rating to a “buy” rating and increased their target price for the company from $156.00 to $181.00 in a research note on Wednesday. Raymond James cut their target price on Union Pacific from $212.00 to $185.00 and set a “strong-buy” rating on the stock in a research note on Friday, April 17th. TD Securities increased their target price on Union Pacific from $135.00 to $155.00 and gave the company a “hold” rating in a research note on Friday, April 24th. Susquehanna Bancshares cut their target price on Union Pacific from $215.00 to $169.00 and set a “positive” rating on the stock in a research note on Wednesday, April 8th. Finally, Deutsche Bank dropped their price target on Union Pacific from $205.00 to $170.00 and set a “buy” rating on the stock in a research report on Thursday, April 9th. Eleven research analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $172.68.

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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