Union Pacific Co. (NYSE:UNP) Shares Sold by Corebridge Financial Inc.

Corebridge Financial Inc. trimmed its position in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 6.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 139,337 shares of the railroad operator's stock after selling 9,162 shares during the quarter. Corebridge Financial Inc.'s holdings in Union Pacific were worth $31,774,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Compass Financial Services Inc bought a new position in Union Pacific during the 4th quarter valued at about $25,000. Synergy Asset Management LLC purchased a new position in shares of Union Pacific during the fourth quarter valued at approximately $29,000. Dunhill Financial LLC grew its stake in shares of Union Pacific by 111.5% during the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator's stock valued at $32,000 after buying an additional 68 shares during the last quarter. PrairieView Partners LLC purchased a new stake in shares of Union Pacific in the fourth quarter worth approximately $34,000. Finally, Kentucky Trust Co bought a new stake in shares of Union Pacific during the 4th quarter worth approximately $40,000. Institutional investors own 80.38% of the company's stock.

Analysts Set New Price Targets

UNP has been the subject of several research analyst reports. Guggenheim lifted their target price on Union Pacific from $266.00 to $275.00 and gave the stock a "buy" rating in a research report on Friday, January 24th. Robert W. Baird lifted their price objective 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. Wells Fargo & Company dropped their target price on shares of Union Pacific from $265.00 to $260.00 and set an "overweight" rating on the stock in a research note on Thursday. Deutsche Bank Aktiengesellschaft started coverage on shares of Union Pacific in a research note on Friday, March 7th. They set a "buy" rating and a $295.00 price target for the company. Finally, Susquehanna dropped their price objective on Union Pacific from $265.00 to $255.00 and set a "neutral" rating on the stock in a research note on Thursday. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $262.76.

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Insiders Place Their Bets

In other Union Pacific news, President Elizabeth F. Whited sold 7,500 shares of Union Pacific stock in a transaction dated Friday, January 24th. The stock was sold at an average price of $250.00, for a total transaction of $1,875,000.00. Following the completion of the sale, the president now owns 64,960 shares of the company's stock, valued at approximately $16,240,000. The trade was a 10.35 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Craig V. Richardson sold 6,495 shares of the business's stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $252.00, for a total value of $1,636,740.00. Following the sale, the executive vice president now owns 26,319 shares in the company, 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.

Union Pacific Stock Down 1.7 %

Shares of NYSE UNP traded down $3.91 during trading hours on Friday, hitting $232.06. 1,917,148 shares of the stock were exchanged, compared to its average volume of 2,425,716. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.07. The firm has a fifty day moving average price of $243.11 and a 200-day moving average price of $239.56. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. The company has a market cap of $140.23 billion, a PE ratio of 20.93, a PEG ratio of 2.15 and a beta of 1.05.

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

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be paid a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a yield of 2.31%. The ex-dividend date is Friday, February 28th. Union Pacific's dividend payout ratio (DPR) is presently 48.33%.

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.