Union Pacific Co. (NYSE:UNP) Shares Sold by Atria Investments Inc

Atria Investments Inc trimmed its holdings in Union Pacific Co. (NYSE:UNP - Free Report) by 3.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 62,625 shares of the railroad operator's stock after selling 1,913 shares during the period. Atria Investments Inc's holdings in Union Pacific were worth $14,281,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Compass Financial Services Inc purchased a new stake in Union Pacific in the fourth quarter valued at approximately $25,000. Synergy Asset Management LLC purchased a new position in Union Pacific during the fourth quarter worth approximately $29,000. Catalyst Capital Advisors LLC acquired a new position in shares of Union Pacific in the 3rd quarter valued at $30,000. Peterson Financial Group Inc. purchased a new stake in shares of Union Pacific during the 3rd quarter valued at $32,000. Finally, Dunhill Financial LLC increased its holdings in shares of Union Pacific by 111.5% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator's stock worth $32,000 after buying an additional 68 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company's stock.

Union Pacific Stock Up 0.9 %

UNP stock traded up $2.09 during midday trading on Wednesday, hitting $243.61. 3,051,741 shares of the company's stock were exchanged, compared to its average volume of 2,301,658. The firm has a 50 day moving average price of $240.34 and a 200-day moving average price of $240.97. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.07. The stock has a market capitalization of $147.21 billion, a price-to-earnings ratio of 21.97, a price-to-earnings-growth ratio of 2.15 and a beta of 1.06. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76.

Union Pacific (NYSE:UNP - Get Free Report) last issued its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, topping 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 period last year, the firm earned $2.71 earnings per share. On average, analysts anticipate that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be given a dividend of $1.34 per share. The ex-dividend date is Friday, February 28th. This represents a $5.36 annualized dividend and a dividend yield of 2.20%. Union Pacific's payout ratio is 48.33%.

Insider Transactions at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 7,500 shares of Union Pacific stock in a transaction on Friday, January 24th. The shares were 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 owns 64,960 shares of the company's stock, 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 through this link. 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 sale, the executive vice president now owns 26,319 shares of the company's stock, valued at approximately $6,632,388. The trade was a 19.79 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.28% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Wells Fargo & Company reduced their target price on Union Pacific from $267.00 to $265.00 and set an "overweight" rating on the stock in a report on Tuesday, January 7th. TD Cowen lifted 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 stock a "buy" rating in a report on Friday, January 24th. Stifel Nicolaus raised their price target on shares of Union Pacific from $253.00 to $270.00 and gave the company a "buy" rating in a report on Friday, January 24th. Finally, Robert W. Baird boosted their price objective on shares of Union Pacific from $260.00 to $265.00 and gave the stock an "outperform" rating in a research note on Friday, January 24th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $261.40.

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.