Union Pacific Co. (NYSE:UNP) is Andesa Financial Management Inc.’s 7th Largest Position

Andesa Financial Management Inc. raised its stake in shares of Union Pacific Co. (NYSE:UNP) by 116.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,186 shares of the railroad operator’s stock after acquiring an additional 18,411 shares during the period. Union Pacific comprises approximately 2.8% of Andesa Financial Management Inc.’s investment portfolio, making the stock its 7th largest holding. Andesa Financial Management Inc.’s holdings in Union Pacific were worth $5,720,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. BlackRock Inc. increased its holdings in Union Pacific by 2.2% in the 4th quarter. BlackRock Inc. now owns 48,020,051 shares of the railroad operator’s stock worth $6,637,811,000 after acquiring an additional 1,029,260 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its stake in Union Pacific by 18,524.9% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 32,738,808 shares of the railroad operator’s stock worth $237,000 after purchasing an additional 32,563,028 shares during the period. Geode Capital Management LLC boosted its stake in Union Pacific by 7.7% in the 4th quarter. Geode Capital Management LLC now owns 9,640,019 shares of the railroad operator’s stock worth $1,330,401,000 after purchasing an additional 688,775 shares during the period. Northern Trust Corp boosted its stake in Union Pacific by 3.4% in the 4th quarter. Northern Trust Corp now owns 8,284,737 shares of the railroad operator’s stock worth $1,145,199,000 after purchasing an additional 270,547 shares during the period. Finally, Norges Bank bought a new position in Union Pacific in the 4th quarter worth about $1,036,317,000. Institutional investors and hedge funds own 78.94% of the company’s stock.

Several brokerages have commented on UNP. Sanford C. Bernstein downgraded Union Pacific from an “outperform” rating to a “market perform” rating and set a $177.00 target price for the company. in a research note on Monday, June 17th. Loop Capital downgraded Union Pacific from a “buy” rating to a “hold” rating and dropped their price target for the company from $193.00 to $182.00 in a research report on Tuesday, March 19th. Citigroup lifted their price target on Union Pacific from $180.00 to $195.00 and gave the company a “buy” rating in a research report on Thursday, April 4th. BMO Capital Markets lifted their price target on Union Pacific to $190.00 and gave the company an “outperform” rating in a research report on Monday, April 22nd. Finally, Deutsche Bank set a $200.00 price target on Union Pacific and gave the company a “buy” rating in a research report on Monday, April 22nd. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. Union Pacific presently has a consensus rating of “Buy” and a consensus target price of $175.80.

In other news, EVP Robert M. Knight, Jr. sold 1,380 shares of the business’s stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $180.01, for a total transaction of $248,413.80. Following the transaction, the executive vice president now directly owns 94,943 shares of the company’s stock, valued at $17,090,689.43. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Rhonda S. Ferguson sold 11,485 shares of the business’s stock in a transaction that occurred on Thursday, April 18th. The shares were sold at an average price of $175.00, for a total value of $2,009,875.00. Following the transaction, the executive vice president now directly owns 53,858 shares in the company, valued at $9,425,150. The disclosure for this sale can be found here. Insiders have sold 31,667 shares of company stock worth $5,454,729 over the last three months. Insiders own 9.96% of the company’s stock.

Union Pacific stock traded up $3.10 during trading hours on Friday, reaching $169.11. The company had a trading volume of 4,759,327 shares, compared to its average volume of 3,224,661. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.60 and a current ratio of 0.75. The stock has a 50-day simple moving average of $170.61. The stock has a market cap of $117.51 billion, a price-to-earnings ratio of 21.38, a price-to-earnings-growth ratio of 1.84 and a beta of 1.09. Union Pacific Co. has a 12-month low of $128.08 and a 12-month high of $180.02.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, April 18th. The railroad operator reported $1.93 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.89 by $0.04. Union Pacific had a return on equity of 30.73% and a net margin of 26.59%. The firm had revenue of $5.38 billion for the quarter, compared to analysts’ expectations of $5.51 billion. During the same period in the previous year, the firm earned $1.68 earnings per share. The business’s revenue was down 1.7% compared to the same quarter last year. Analysts anticipate that Union Pacific Co. will post 9.04 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, May 31st were paid a dividend of $0.88 per share. The ex-dividend date was Thursday, May 30th. This represents a $3.52 annualized dividend and a dividend yield of 2.08%. Union Pacific’s dividend payout ratio (DPR) is presently 44.50%.

Union Pacific 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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