Crossmark Global Holdings Inc. Buys 511 Shares of Union Pacific Co. (UNP)

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Crossmark Global Holdings Inc. grew its stake in shares of Union Pacific Co. (NYSE:UNP) by 0.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 74,082 shares of the railroad operator’s stock after purchasing an additional 511 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Union Pacific were worth $10,240,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the company. Andra AP fonden grew its position in shares of Union Pacific by 23.3% in the 3rd quarter. Andra AP fonden now owns 12,700 shares of the railroad operator’s stock worth $2,068,000 after buying an additional 2,400 shares during the period. GHP Investment Advisors Inc. purchased a new stake in shares of Union Pacific in the 3rd quarter worth about $226,000. Alta Capital Management LLC grew its position in shares of Union Pacific by 3.5% in the 3rd quarter. Alta Capital Management LLC now owns 294,023 shares of the railroad operator’s stock worth $47,875,000 after buying an additional 10,026 shares during the period. Parkside Investments LLC purchased a new stake in shares of Union Pacific in the 3rd quarter worth about $185,000. Finally, Coastline Trust Co grew its position in shares of Union Pacific by 2.7% in the 3rd quarter. Coastline Trust Co now owns 23,150 shares of the railroad operator’s stock worth $3,769,000 after buying an additional 610 shares during the period. 83.30% of the stock is owned by institutional investors.

Shares of UNP stock opened at $168.88 on Thursday. Union Pacific Co. has a one year low of $125.31 and a one year high of $169.17. The stock has a market cap of $121.09 billion, a P/E ratio of 21.35, a PEG ratio of 1.67 and a beta of 1.10. The company has a current ratio of 0.90, a quick ratio of 0.89 and a debt-to-equity ratio of 1.02.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, January 24th. The railroad operator reported $2.12 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.06 by $0.06. The company had revenue of $5.76 billion for the quarter, compared to the consensus estimate of $5.73 billion. Union Pacific had a net margin of 26.13% and a return on equity of 27.95%. Union Pacific’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same period in the prior year, the firm posted $1.53 EPS. On average, analysts forecast that Union Pacific Co. will post 9.1 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, March 29th. Shareholders of record on Thursday, February 28th will be paid a dividend of $0.88 per share. The ex-dividend date of this dividend is Wednesday, February 27th. This represents a $3.52 annualized dividend and a yield of 2.08%. This is a boost from Union Pacific’s previous quarterly dividend of $0.80. Union Pacific’s dividend payout ratio is currently 40.46%.

Union Pacific declared that its board has initiated a stock buyback plan on Thursday, February 7th that authorizes the company to buyback 150,000,000 outstanding shares. This buyback authorization authorizes the railroad operator to reacquire shares of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board believes its shares are undervalued.

UNP has been the topic of a number of recent research reports. Royal Bank of Canada raised shares of Union Pacific from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, January 8th. Zacks Investment Research downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Monday, November 19th. Cowen raised shares of Union Pacific from a “market perform” rating to an “outperform” rating and upped their target price for the stock from $153.00 to $178.00 in a research report on Tuesday, January 8th. ValuEngine raised shares of Union Pacific from a “hold” rating to a “buy” rating in a research report on Wednesday, January 9th. Finally, Morgan Stanley downgraded shares of Union Pacific from an “equal weight” rating to an “underweight” rating and cut their price objective for the company from $141.00 to $134.00 in a research report on Monday, October 22nd. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. Union Pacific currently has an average rating of “Buy” and a consensus target price of $169.39.

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Union Pacific Company 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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