Montag A & Associates Inc. Has $5.88 Million Holdings in Union Pacific Co. (NYSE:UNP)

Montag A & Associates Inc. lessened its stake in shares of Union Pacific Co. (NYSE:UNP) by 21.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 50,660 shares of the railroad operator’s stock after selling 14,061 shares during the period. Montag A & Associates Inc.’s holdings in Union Pacific were worth $5,875,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of UNP. OMERS ADMINISTRATION Corp boosted its position in Union Pacific by 15.5% during the second quarter. OMERS ADMINISTRATION Corp now owns 1,008,200 shares of the railroad operator’s stock worth $109,803,000 after purchasing an additional 134,950 shares during the period. Community Bank N.A. boosted its position in Union Pacific by 3.0% during the second quarter. Community Bank N.A. now owns 1,537 shares of the railroad operator’s stock worth $168,000 after purchasing an additional 45 shares during the period. Northeast Investment Management boosted its position in Union Pacific by 2.8% during the second quarter. Northeast Investment Management now owns 278,258 shares of the railroad operator’s stock worth $30,305,000 after purchasing an additional 7,663 shares during the period. Barings LLC boosted its position in Union Pacific by 357.1% during the first quarter. Barings LLC now owns 48,185 shares of the railroad operator’s stock worth $5,104,000 after purchasing an additional 37,643 shares during the period. Finally, Greystone Managed Investments Inc. lifted its holdings in shares of Union Pacific by 8.9% during the second quarter. Greystone Managed Investments Inc. now owns 84,114 shares of the railroad operator’s stock worth $9,161,000 after buying an additional 6,890 shares during the last quarter. Hedge funds and other institutional investors own 78.47% of the company’s stock.

Union Pacific Co. (NYSE:UNP) traded up $0.82 during trading on Monday, reaching $141.17. The company had a trading volume of 3,268,800 shares, compared to its average volume of 5,162,922. The company has a market capitalization of $111,120.00, a PE ratio of 24.99, a price-to-earnings-growth ratio of 1.90 and a beta of 0.90. Union Pacific Co. has a fifty-two week low of $101.06 and a fifty-two week high of $141.81. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.97 and a current ratio of 1.16.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, October 26th. The railroad operator reported $1.50 earnings per share for the quarter, beating the consensus estimate of $1.49 by $0.01. Union Pacific had a return on equity of 23.35% and a net margin of 21.84%. The firm had revenue of $5.41 billion for the quarter, compared to analyst estimates of $5.32 billion. During the same quarter in the prior year, the firm posted $1.36 earnings per share. The company’s quarterly revenue was up 4.5% on a year-over-year basis. research analysts predict that Union Pacific Co. will post 5.79 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Thursday, December 28th. Shareholders of record on Thursday, November 30th were paid a $0.665 dividend. This is a positive change from Union Pacific’s previous quarterly dividend of $0.61. The ex-dividend date of this dividend was Wednesday, November 29th. This represents a $2.66 annualized dividend and a yield of 1.88%. Union Pacific’s dividend payout ratio is presently 47.08%.

A number of brokerages have recently commented on UNP. Zacks Investment Research lowered Union Pacific from a “hold” rating to a “sell” rating in a report on Saturday, January 6th. Daiwa Capital Markets upgraded Union Pacific from a “hold” rating to an “outperform” rating in a report on Thursday. Scotiabank set a $150.00 price target on Union Pacific and gave the stock a “hold” rating in a report on Thursday. JPMorgan Chase & Co. upped their price target on Union Pacific from $106.00 to $113.00 and gave the stock a “neutral” rating in a report on Thursday, October 12th. Finally, BMO Capital Markets restated a “buy” rating on shares of Union Pacific in a research note on Friday, October 20th. Three equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and eight have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $124.00.

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Union Pacific Profile

Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.

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

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