Nicolet Bankshares Inc. Acquires 310 Shares of Union Pacific Co. (UNP)

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Nicolet Bankshares Inc. lifted its holdings in shares of Union Pacific Co. (NYSE:UNP) by 8.7% during the 1st quarter, HoldingsChannel reports. The fund owned 3,882 shares of the railroad operator’s stock after buying an additional 310 shares during the period. Nicolet Bankshares Inc.’s holdings in Union Pacific were worth $649,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Camarda Financial Advisors LLC lifted its holdings in Union Pacific by 673.7% in the 1st quarter. Camarda Financial Advisors LLC now owns 147 shares of the railroad operator’s stock worth $25,000 after buying an additional 128 shares in the last quarter. Squar Milner Financial Services LLC lifted its holdings in Union Pacific by 368.6% in the 1st quarter. Squar Milner Financial Services LLC now owns 164 shares of the railroad operator’s stock worth $27,000 after buying an additional 129 shares in the last quarter. Private Ocean LLC acquired a new position in Union Pacific in the 4th quarter worth $25,000. Investors Research Corp acquired a new position in Union Pacific in the 1st quarter worth $42,000. Finally, Tributary Capital Management LLC acquired a new position in Union Pacific in the 4th quarter worth $42,000. Institutional investors and hedge funds own 80.25% of the company’s stock.

UNP opened at $172.65 on Friday. The stock has a market capitalization of $123.90 billion, a PE ratio of 21.83, a P/E/G ratio of 1.93 and a beta of 1.11. Union Pacific Co. has a 1-year low of $128.08 and a 1-year high of $180.02. 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 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.89 by $0.04. The company had revenue of $5.38 billion during the quarter, compared to the consensus estimate of $5.51 billion. Union Pacific had a net margin of 26.59% and a return on equity of 30.73%. The company’s revenue was down 1.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.68 EPS. On average, equities analysts expect that Union Pacific Co. will post 9.07 EPS for the current year.

Union Pacific announced that its Board of Directors has authorized a share repurchase plan on Thursday, February 7th that allows the company to buyback 150,000,000 shares. This buyback authorization allows the railroad operator to buy shares of its stock through open market purchases. Shares buyback plans are often an indication that the company’s leadership believes its shares are undervalued.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, May 31st will be given a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 2.04%. The ex-dividend date of this dividend is Thursday, May 30th. Union Pacific’s dividend payout ratio is presently 44.50%.

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

A number of equities analysts have commented on UNP shares. Loop Capital boosted their price objective on shares of Union Pacific from $188.00 to $193.00 and gave the stock a “positive” rating in a report on Thursday, January 24th. Cowen reiterated a “buy” rating on shares of Union Pacific in a report on Thursday, January 24th. Argus boosted their price objective on shares of Union Pacific to $175.00 and gave the stock a “positive” rating in a report on Friday, January 25th. TD Securities boosted their price objective on shares of Union Pacific from $155.00 to $170.00 and gave the stock a “hold” rating in a report on Friday, January 25th. Finally, ValuEngine downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, March 12th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $175.35.

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Union Pacific Company 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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