Atlas Legacy Advisors LLC Invests $403,000 in Union Pacific Co. (NYSE:UNP)

Atlas Legacy Advisors LLC acquired a new stake in shares of Union Pacific Co. (NYSE:UNP - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,769 shares of the railroad operator's stock, valued at approximately $403,000.

Other institutional investors have also recently made changes to their positions in the company. World Investment Advisors LLC grew its position in shares of Union Pacific by 103.1% during the third quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator's stock valued at $8,770,000 after purchasing an additional 18,060 shares in the last quarter. abrdn plc grew its position in shares of Union Pacific by 9.3% during the fourth quarter. abrdn plc now owns 415,874 shares of the railroad operator's stock valued at $94,588,000 after purchasing an additional 35,414 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of Union Pacific by 2.8% during the fourth 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 in the last quarter. Border to Coast Pensions Partnership Ltd grew its position in shares of Union Pacific by 24.2% during the fourth quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator's stock valued at $63,185,000 after purchasing an additional 53,946 shares in the last quarter. Finally, Pensionfund Sabic lifted its holdings in shares of Union Pacific by 61.5% in the 4th quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator's stock valued at $2,394,000 after acquiring an additional 4,000 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. Robert W. Baird increased their price target on shares of Union Pacific from $260.00 to $265.00 and gave the company an "outperform" rating in a report on Friday, January 24th. Loop Capital downgraded shares of Union Pacific from a "hold" rating to a "sell" rating and lowered their price target for the company from $265.00 to $200.00 in a report on Monday, February 3rd. TD Cowen increased their price target on shares of Union Pacific from $245.00 to $258.00 and gave the company a "buy" rating in a report on Friday, January 24th. Guggenheim increased their price target on shares of Union Pacific from $266.00 to $275.00 and gave the company a "buy" rating in a report on Friday, January 24th. Finally, Citigroup increased their price target on shares of Union Pacific from $254.00 to $260.00 and gave the company a "neutral" rating in a report on Friday, January 24th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $261.40.

Insiders Place Their Bets

In related news, President Elizabeth F. Whited sold 7,500 shares of the business's stock in a transaction on Friday, January 24th. The shares were sold at an average price of $250.00, for a total transaction of $1,875,000.00. Following the completion of the transaction, the president now directly owns 64,960 shares in the company, valued at $16,240,000. The trade was a 10.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Craig V. Richardson sold 6,495 shares of the business's stock in a transaction on Monday, January 27th. The shares were sold at an average price of $252.00, for a total transaction of $1,636,740.00. Following the transaction, the executive vice president now owns 26,319 shares of the company's stock, valued at $6,632,388. This represents a 19.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.28% of the company's stock.

Union Pacific Stock Down 1.0 %

UNP stock traded down $2.50 during trading on Friday, hitting $245.16. 1,881,758 shares of the company's stock traded hands, compared to its average volume of 2,657,599. The firm has a market capitalization of $148.14 billion, a P/E ratio of 22.09, a PEG ratio of 2.15 and a beta of 1.06. The business has a fifty day simple moving average of $237.47 and a two-hundred day simple moving average of $240.61. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.66.

Union Pacific (NYSE:UNP - Get Free Report) last issued its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business earned $2.71 EPS. Sell-side analysts anticipate that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be issued a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.19%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific's dividend payout ratio is currently 48.33%.

About Union Pacific

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.