Pettyjohn Wood & White Inc. Increases Position in Union Pacific Co. (UNP)


Pettyjohn Wood & White Inc. boosted its stake in Union Pacific Co. (NYSE:UNP) by 6.9% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 9,758 shares of the railroad operator’s stock after buying an additional 633 shares during the period. Pettyjohn Wood & White Inc.’s holdings in Union Pacific were worth $1,312,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Acropolis Investment Management LLC acquired a new position in Union Pacific in the 4th quarter valued at about $107,000. Icon Wealth Partners LLC acquired a new position in Union Pacific in the 4th quarter valued at about $119,000. Ballew Advisors Inc acquired a new position in Union Pacific in the 1st quarter valued at about $145,000. Exane Derivatives grew its stake in Union Pacific by 55,600.0% in the 4th quarter. Exane Derivatives now owns 1,114 shares of the railroad operator’s stock valued at $149,000 after buying an additional 1,112 shares during the last quarter. Finally, Certified Advisory Corp acquired a new position in Union Pacific in the 4th quarter valued at about $175,000. Institutional investors and hedge funds own 78.98% of the company’s stock.


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A number of brokerages recently commented on UNP. Credit Suisse Group upped their price target on shares of Union Pacific from $160.00 to $165.00 and gave the company an “outperform” rating in a research note on Friday. Stifel Nicolaus set a $151.00 target price on shares of Union Pacific and gave the stock a “hold” rating in a research report on Thursday, May 24th. TD Securities increased their target price on shares of Union Pacific from $150.00 to $160.00 and gave the stock a “buy” rating in a research report on Friday. Loop Capital increased their target price on shares of Union Pacific to $153.00 and gave the stock a “hold” rating in a research report on Friday. Finally, Cowen restated a “market perform” rating and set a $153.00 target price (up previously from $140.00) on shares of Union Pacific in a research report on Friday. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $146.70.


Union Pacific opened at $142.96 on Tuesday, according to Marketbeat. The company has a current ratio of 0.82, a quick ratio of 0.65 and a debt-to-equity ratio of 0.64. The company has a market cap of $113.16 billion, a P/E ratio of 24.69, a PEG ratio of 1.82 and a beta of 0.80. Union Pacific Co. has a 1 year low of $101.06 and a 1 year high of $148.03.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, April 26th. The railroad operator reported $1.68 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.66 by $0.02. The business had revenue of $5.47 billion for the quarter, compared to analyst estimates of $5.39 billion. Union Pacific had a net margin of 50.73% and a return on equity of 22.16%. The firm’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same quarter last year, the business posted $1.32 EPS. equities analysts expect that Union Pacific Co. will post 7.58 EPS for the current year.


The company also recently declared a quarterly dividend, which will be paid on Friday, June 29th. Investors of record on Thursday, May 31st will be given a dividend of $0.73 per share. The ex-dividend date of this dividend is Wednesday, May 30th. This represents a $2.92 annualized dividend and a dividend yield of 2.04%. Union Pacific’s dividend payout ratio is 50.43%.

In related news, EVP Elizabeth F. Whited sold 15,576 shares of the stock in a transaction that occurred on Tuesday, April 3rd. The shares were sold at an average price of $133.79, for a total value of $2,083,913.04. Following the completion of the transaction, the executive vice president now owns 65,613 shares of the company’s stock, valued at approximately $8,778,363.27. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Robert M. Knight, Jr. sold 25,000 shares of the stock in a transaction that occurred on 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 disclosure for this sale can be found here. Company insiders own 0.20% of the company’s stock.


Union Pacific Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash.

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

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