Kavar Capital Partners LLC bought a new stake in Union Pacific Co. (NYSE:UNP) during the first quarter, HoldingsChannel.com reports. The fund bought 1,428 shares of the railroad operator’s stock, valued at approximately $239,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Private Ocean LLC purchased a new position in shares of Union Pacific in the 4th quarter valued at $25,000. Camarda Financial Advisors LLC grew its position in shares of Union Pacific by 673.7% in the 1st quarter. Camarda Financial Advisors LLC now owns 147 shares of the railroad operator’s stock valued at $25,000 after buying an additional 128 shares during the last quarter. Squar Milner Financial Services LLC grew its position in shares of Union Pacific by 368.6% in the 1st quarter. Squar Milner Financial Services LLC now owns 164 shares of the railroad operator’s stock valued at $27,000 after buying an additional 129 shares during the last quarter. Tributary Capital Management LLC purchased a new position in shares of Union Pacific in the 4th quarter valued at $42,000. Finally, Clarfeld Financial Advisors LLC purchased a new position in shares of Union Pacific in the 4th quarter valued at $42,000. 80.25% of the stock is currently owned by hedge funds and other institutional investors.

In other news, Director William J. Delaney III bought 5,000 shares of Union Pacific stock in a transaction dated Monday, May 20th. The stock was bought at an average price of $174.06 per share, for a total transaction of $870,300.00. Following the purchase, the director now owns 5,000 shares of the company’s stock, valued at $870,300. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, VP Todd M. Rynaski sold 8,802 shares of the firm’s stock in a transaction on Monday, April 1st. The stock was sold at an average price of $170.00, for a total transaction of $1,496,340.00. Following the completion of the sale, the vice president now owns 19,731 shares of the company’s stock, valued at approximately $3,354,270. The disclosure for this sale can be found here. Insiders sold a total of 31,667 shares of company stock valued at $5,454,729 in the last 90 days. Company insiders own 9.96% of the company’s stock.

Several research analysts have issued reports on the stock. Raymond James raised their price objective on shares of Union Pacific from $192.00 to $201.00 and gave the stock a “strong-buy” rating in a research report on Monday, April 22nd. BMO Capital Markets raised their price objective on shares of Union Pacific to $190.00 and gave the stock an “outperform” rating in a research report on Monday, April 22nd. Stifel Nicolaus set a $170.00 price objective on shares of Union Pacific and gave the stock a “hold” rating in a research report on Tuesday, April 23rd. TD Securities raised their price objective on shares of Union Pacific from $170.00 to $180.00 and gave the stock a “hold” rating in a research report on Monday, April 22nd. Finally, ValuEngine raised shares of Union Pacific from a “hold” rating to a “buy” rating in a research report on Friday, April 19th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $175.35.

UNP stock opened at $172.17 on Friday. Union Pacific Co. has a one year low of $128.08 and a one year high of $180.02. The firm has a market capitalization of $121.87 billion, a PE ratio of 21.77, a PEG ratio of 1.93 and a beta of 1.11. The company has a quick ratio of 0.60, a current ratio of 0.75 and a debt-to-equity ratio of 1.32.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, April 18th. The railroad operator reported $1.93 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.89 by $0.04. Union Pacific had a net margin of 26.59% and a return on equity of 30.73%. The company had revenue of $5.38 billion during the quarter, compared to analysts’ expectations of $5.51 billion. During the same quarter last year, the business earned $1.68 EPS. The business’s revenue was down 1.7% on a year-over-year basis. As a group, research analysts expect that Union Pacific Co. will post 9.07 EPS for the current year.

Union Pacific announced that its board has approved a stock buyback program on Thursday, February 7th that permits the company to repurchase 150,000,000 shares. This repurchase authorization permits the railroad operator to buy shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board believes its shares are undervalued.

The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, May 31st will be paid a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 2.04%. The ex-dividend date is Thursday, May 30th. Union Pacific’s dividend payout ratio (DPR) is presently 44.50%.

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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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