AGF Management Ltd. Acquires 3,277 Shares of Union Pacific Co. (NYSE:UNP)

AGF Management Ltd. boosted its stake in Union Pacific Co. (NYSE:UNP - Free Report) by 7.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,762 shares of the railroad operator's stock after purchasing an additional 3,277 shares during the quarter. AGF Management Ltd.'s holdings in Union Pacific were worth $10,436,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the stock. World Investment Advisors LLC increased its stake in Union Pacific by 103.1% in the third quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator's stock valued at $8,770,000 after acquiring an additional 18,060 shares during the last quarter. abrdn plc boosted its holdings in shares of Union Pacific by 9.3% in the 4th quarter. abrdn plc now owns 415,874 shares of the railroad operator's stock worth $94,588,000 after purchasing an additional 35,414 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of Union Pacific by 2.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator's stock valued at $44,348,000 after purchasing an additional 4,939 shares during the last quarter. Border to Coast Pensions Partnership Ltd raised its holdings in shares of Union Pacific by 24.2% during the 4th quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator's stock valued at $63,185,000 after buying an additional 53,946 shares in the last quarter. Finally, Pensionfund Sabic lifted its position in Union Pacific by 61.5% in the 4th quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator's stock worth $2,394,000 after buying an additional 4,000 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of the stock in a transaction on Monday, January 27th. The stock was sold at an average price of $252.00, for a total transaction of $1,636,740.00. Following the sale, the executive vice president now owns 26,319 shares of the company's stock, valued at approximately $6,632,388. This trade represents a 19.79 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of the business's stock in a transaction on Friday, January 24th. The stock was sold at an average price of $250.00, for a total value of $1,875,000.00. Following the completion of the transaction, the president now directly owns 64,960 shares of the company's stock, valued at approximately $16,240,000. The trade was a 10.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.26% of the stock is owned by corporate insiders.

Union Pacific Trading Down 4.3 %

Union Pacific stock opened at $237.72 on Wednesday. The stock has a market capitalization of $143.65 billion, a PE ratio of 21.44, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. The business's fifty day moving average is $241.63 and its 200 day moving average is $240.91. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.07.

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Union Pacific (NYSE:UNP - Get Free Report) last announced its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.76 by $0.15. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. During the same quarter last year, the company posted $2.71 earnings per share. On average, sell-side analysts predict that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be given a dividend of $1.34 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a yield of 2.25%. Union Pacific's dividend payout ratio (DPR) is presently 48.33%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Wells Fargo & Company lowered their price objective on shares of Union Pacific from $267.00 to $265.00 and set an "overweight" rating for the company in a report on Tuesday, January 7th. TD Cowen raised their price objective on Union Pacific from $245.00 to $258.00 and gave the company a "buy" rating in a research note on Friday, January 24th. Benchmark boosted their target price on Union Pacific from $266.00 to $275.00 and gave the company a "buy" rating in a research note on Friday, January 24th. Robert W. Baird raised their price target on Union Pacific from $260.00 to $265.00 and gave the stock an "outperform" rating in a research report on Friday, January 24th. Finally, Barclays lifted their price target on Union Pacific from $275.00 to $285.00 and gave the stock an "overweight" rating in a research note on Wednesday, November 13th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $263.00.

Union Pacific Company Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.

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