Union Pacific Co. (NYSE:UNP) Stock Holdings Increased by Centaurus Financial Inc.

Posted by Defense World Staff on Mar 17th, 2023

Centaurus Financial Inc. increased its holdings in Union Pacific Co. (NYSE:UNP – Get Rating) by 3.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,931 shares of the railroad operator’s stock after purchasing an additional 205 shares during the quarter. Centaurus Financial Inc.’s holdings in Union Pacific were worth $1,155,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Tyler Stone Wealth Management raised its holdings in shares of Union Pacific by 85.5% in the 2nd quarter. Tyler Stone Wealth Management now owns 128 shares of the railroad operator’s stock worth $27,000 after purchasing an additional 59 shares in the last quarter. Grayhawk Investment Strategies Inc. bought a new stake in shares of Union Pacific in the 2nd quarter worth approximately $40,000. Chilton Capital Management LLC bought a new stake in shares of Union Pacific in the 2nd quarter worth approximately $40,000. Power Corp of Canada bought a new stake in shares of Union Pacific in the 1st quarter worth approximately $40,000. Finally, SJS Investment Consulting Inc. bought a new stake in shares of Union Pacific in the 3rd quarter worth approximately $44,000. 77.27% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

UNP has been the topic of a number of recent analyst reports. Wells Fargo & Company cut their price target on shares of Union Pacific from $205.00 to $200.00 and set an “equal weight” rating on the stock in a report on Wednesday, January 4th. Evercore ISI upgraded shares of Union Pacific from an “in-line” rating to an “outperform” rating and boosted their price target for the company from $204.00 to $232.00 in a report on Tuesday, December 20th. Barclays boosted their price target on shares of Union Pacific from $220.00 to $230.00 and gave the company an “overweight” rating in a report on Wednesday, January 11th. Cowen boosted their price target on shares of Union Pacific from $213.00 to $222.00 and gave the company an “outperform” rating in a report on Wednesday, January 25th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on shares of Union Pacific from $215.00 to $207.00 in a report on Wednesday. Thirteen analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $218.60.

Insider Buying and Selling

In related news, EVP Elizabeth F. Whited sold 2,500 shares of the company’s stock in a transaction on Monday, February 27th. The shares were sold at an average price of $213.00, for a total transaction of $532,500.00. Following the completion of the sale, the executive vice president now directly owns 39,080 shares of the company’s stock, valued at approximately $8,324,040. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.28% of the stock is owned by insiders.

Union Pacific Stock Performance

UNP stock opened at $192.91 on Friday. The company has a quick ratio of 0.58, a current ratio of 0.72 and a debt-to-equity ratio of 2.60. The firm has a 50 day moving average of $204.84 and a two-hundred day moving average of $207.26. The company has a market capitalization of $118.04 billion, a price-to-earnings ratio of 17.19, a P/E/G ratio of 1.70 and a beta of 1.10. Union Pacific Co. has a 12 month low of $183.70 and a 12 month high of $278.94.

Union Pacific (NYSE:UNP – Get Rating) last posted its quarterly earnings data on Tuesday, January 24th. The railroad operator reported $2.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.75 by ($0.08). The firm had revenue of $6.18 billion for the quarter, compared to the consensus estimate of $6.26 billion. Union Pacific had a return on equity of 58.41% and a net margin of 28.13%. Union Pacific’s quarterly revenue was up 7.8% on a year-over-year basis. During the same period in the prior year, the company posted $2.66 earnings per share. As a group, equities analysts anticipate that Union Pacific Co. will post 11.46 EPS for the current fiscal year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 31st. Investors of record on Tuesday, February 28th will be issued a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a dividend yield of 2.70%. The ex-dividend date of this dividend is Monday, February 27th. Union Pacific’s dividend payout ratio is currently 46.35%.

Union Pacific Profile

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Union Pacific Corp. engages in the provision of railroad and freight transportation services. The company was founded in 1969 and is headquartered in Omaha, NE.

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

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