O Brien Greene & Co. Inc increased its position in Union Pacific Co. (NYSE:UNP – Free Report) by 4.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 39,781 shares of the railroad operator’s stock after buying an additional 1,519 shares during the quarter. Union Pacific comprises approximately 2.9% of O Brien Greene & Co. Inc’s holdings, making the stock its 9th largest position. O Brien Greene & Co. Inc’s holdings in Union Pacific were worth $9,001,000 at the end of the most recent quarter.
Other institutional investors have also modified their holdings of the company. 9258 Wealth Management LLC raised its position in shares of Union Pacific by 2.1% during the fourth quarter. 9258 Wealth Management LLC now owns 3,124 shares of the railroad operator’s stock worth $767,000 after purchasing an additional 65 shares during the period. Gryphon Financial Partners LLC raised its position in shares of Union Pacific by 86.8% during the fourth quarter. Gryphon Financial Partners LLC now owns 2,589 shares of the railroad operator’s stock worth $594,000 after purchasing an additional 1,203 shares during the period. Jump Financial LLC acquired a new stake in shares of Union Pacific during the fourth quarter worth $518,000. Brown Advisory Inc. raised its position in shares of Union Pacific by 3.1% during the fourth quarter. Brown Advisory Inc. now owns 62,881 shares of the railroad operator’s stock worth $15,445,000 after purchasing an additional 1,916 shares during the period. Finally, TrinityPoint Wealth LLC raised its position in shares of Union Pacific by 6.9% during the fourth quarter. TrinityPoint Wealth LLC now owns 4,387 shares of the railroad operator’s stock worth $1,077,000 after purchasing an additional 282 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.
Insider Activity at Union Pacific
In related news, President Elizabeth F. Whited sold 3,552 shares of the stock in a transaction that occurred on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total transaction of $875,887.68. Following the completion of the sale, the president now owns 64,945 shares in the company, valued at approximately $16,014,787.55. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.28% of the stock is owned by corporate insiders.
Analyst Ratings Changes
Read Our Latest Analysis on UNP
Union Pacific Stock Performance
UNP opened at $253.55 on Wednesday. The company has a market cap of $154.70 billion, a PE ratio of 24.19, a price-to-earnings-growth ratio of 2.20 and a beta of 1.05. The stock has a 50-day moving average of $244.22 and a 200-day moving average of $239.08. Union Pacific Co. has a 52-week low of $199.33 and a 52-week high of $258.66. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.86 and a current ratio of 1.05.
Union Pacific (NYSE:UNP – Get Free Report) last released its quarterly earnings results on Thursday, July 25th. The railroad operator reported $2.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.71 by $0.03. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The company had revenue of $6.01 billion during the quarter, compared to the consensus estimate of $6.05 billion. During the same quarter in the prior year, the company posted $2.57 EPS. The firm’s revenue was up .7% on a year-over-year basis. As a group, equities research analysts forecast that Union Pacific Co. will post 11.11 earnings per share for the current fiscal year.
Union Pacific Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, August 30th will be paid a dividend of $1.34 per share. This is an increase from Union Pacific’s previous quarterly dividend of $1.30. The ex-dividend date is Friday, August 30th. This represents a $5.36 annualized dividend and a yield of 2.11%. Union Pacific’s dividend payout ratio is presently 51.15%.
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, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.
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