Blue Trust Inc. boosted its stake in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 14.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,304 shares of the railroad operator's stock after acquiring an additional 1,183 shares during the quarter. Blue Trust Inc.'s holdings in Union Pacific were worth $2,122,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also bought and sold shares of the company. Vontobel Holding Ltd. raised its holdings in shares of Union Pacific by 74.7% during the fourth quarter. Vontobel Holding Ltd. now owns 2,146,990 shares of the railroad operator's stock valued at $489,600,000 after acquiring an additional 918,248 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in Union Pacific by 19,878.6% in the third quarter. International Assets Investment Management LLC now owns 896,040 shares of the railroad operator's stock worth $220,856,000 after buying an additional 891,555 shares during the period. Franklin Resources Inc. boosted its position in Union Pacific by 9.3% during the 3rd quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator's stock valued at $1,795,993,000 after acquiring an additional 625,492 shares in the last quarter. Impax Asset Management Group plc grew its holdings in shares of Union Pacific by 2,025.4% during the 3rd quarter. Impax Asset Management Group plc now owns 546,236 shares of the railroad operator's stock worth $134,636,000 after acquiring an additional 520,536 shares during the period. Finally, Jennison Associates LLC grew its holdings in shares of Union Pacific by 170.9% during the 3rd quarter. Jennison Associates LLC now owns 736,246 shares of the railroad operator's stock worth $181,470,000 after acquiring an additional 464,477 shares during the period. 80.38% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
UNP has been the subject of a number of research analyst reports. Loop Capital cut Union Pacific from a "hold" rating to a "sell" rating and lowered their target price for the company from $265.00 to $200.00 in a research note on Monday, February 3rd. Stifel Nicolaus boosted their target price 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. Robert W. Baird upped their target price on shares of Union Pacific from $260.00 to $265.00 and gave the stock an "outperform" rating in a research report on Friday, January 24th. BMO Capital Markets lifted their price target on shares of Union Pacific from $275.00 to $277.00 and gave the company an "outperform" rating in a research report on Friday, January 24th. Finally, Wells Fargo & Company cut their price objective on shares of Union Pacific from $267.00 to $265.00 and set an "overweight" rating on the stock in a report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Union Pacific presently has a consensus rating of "Moderate Buy" and a consensus price target of $261.40.
Check Out Our Latest Stock Analysis on Union Pacific
Insider Activity at Union Pacific
In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of the stock in a transaction dated 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 completion of 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, President Elizabeth F. Whited sold 7,500 shares of the company's stock in a transaction dated 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 sale, the president now owns 64,960 shares in the company, valued at $16,240,000. This represents 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 currently owned by corporate insiders.
Union Pacific Stock Performance
NYSE:UNP traded down $4.15 during mid-day trading on Wednesday, reaching $247.02. The company's stock had a trading volume of 2,423,246 shares, compared to its average volume of 2,719,486. The firm's fifty day moving average price is $236.93 and its two-hundred day moving average price is $240.52. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76. The stock has a market cap of $149.27 billion, a P/E ratio of 22.27, a PEG ratio of 2.16 and a beta of 1.06. Union Pacific Co. has a 12-month low of $218.55 and a 12-month 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 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 in the prior year, the business earned $2.71 EPS. On average, equities analysts forecast that Union Pacific Co. will post 12.01 EPS for the current fiscal year.
Union Pacific Announces Dividend
The business 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 dividend of $1.34 per share. This represents a $5.36 annualized dividend and a yield of 2.17%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific's dividend payout ratio is presently 48.33%.
About Union Pacific
(
Free Report)
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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