Dodge & Cox Has $63.45 Million Stock Position in Union Pacific Co. (NYSE:UNP)

Dodge & Cox lessened its holdings in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 1.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 278,219 shares of the railroad operator's stock after selling 4,013 shares during the quarter. Dodge & Cox's holdings in Union Pacific were worth $63,445,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. World Investment Advisors LLC lifted its position in Union Pacific by 103.1% in the 3rd quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator's stock worth $8,770,000 after buying an additional 18,060 shares in the last quarter. abrdn plc increased its position in 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 during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings 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 buying an additional 4,939 shares during the last quarter. Border to Coast Pensions Partnership Ltd increased its holdings in Union Pacific by 24.2% in the fourth quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator's stock worth $63,185,000 after buying an additional 53,946 shares during the last quarter. Finally, Pensionfund Sabic raised its position in Union Pacific by 61.5% during the fourth 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 in the last quarter. Institutional investors and hedge funds own 80.38% of the company's stock.

Insider Transactions at Union Pacific

In other 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 value of $1,875,000.00. Following the sale, 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 sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Craig V. Richardson sold 6,495 shares of Union Pacific 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 completion of the sale, the executive vice president now owns 26,319 shares in the company, valued at $6,632,388. The trade was a 19.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.19% of the stock is owned by insiders.

Analysts Set New Price Targets

UNP has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft began 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 on the stock. Wells Fargo & Company decreased their price target on Union Pacific from $265.00 to $260.00 and set an "overweight" rating for the company in a research note on Thursday, March 27th. Benchmark upped 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. Susquehanna dropped their price target on shares of Union Pacific from $265.00 to $255.00 and set a "neutral" rating on the stock in a research report on Thursday, March 27th. Finally, Jefferies Financial Group decreased their price objective on shares of Union Pacific from $255.00 to $230.00 and set a "hold" rating for the company in a report on Wednesday, April 9th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $257.50.

Union Pacific Price Performance

NYSE:UNP traded up $3.66 during mid-day trading on Friday, hitting $220.26. The company's stock had a trading volume of 4,545,766 shares, compared to its average volume of 2,541,652. The company has a market capitalization of $132.01 billion, a price-to-earnings ratio of 19.86, a P/E/G 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 Co. has a fifty-two week low of $204.66 and a fifty-two week high of $258.07. The stock has a fifty day moving average of $235.02 and a 200-day moving average of $236.42.

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 for the quarter, beating analysts' consensus estimates of $2.76 by $0.15. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. During the same quarter in the previous year, the business posted $2.71 earnings per share. As a group, equities analysts forecast that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, February 28th were given a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.43%. The ex-dividend date of this dividend was Friday, February 28th. Union Pacific's dividend payout ratio is currently 48.33%.

Union Pacific 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.