Haverford Trust Co lowered its stake in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 2.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 45,639 shares of the railroad operator's stock after selling 1,219 shares during the quarter. Haverford Trust Co's holdings in Union Pacific were worth $10,408,000 at the end of the most recent quarter.
A number of other hedge funds also recently made changes to their positions in UNP. World Investment Advisors LLC lifted its stake in Union Pacific by 103.1% during the third quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator's stock worth $8,770,000 after purchasing an additional 18,060 shares during the last quarter. abrdn plc raised its holdings in shares of Union Pacific by 9.3% during the 4th quarter. abrdn plc now owns 415,874 shares of the railroad operator's stock valued at $94,588,000 after buying an additional 35,414 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in Union Pacific by 2.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator's stock worth $44,348,000 after buying an additional 4,939 shares during the last quarter. Border to Coast Pensions Partnership Ltd boosted its stake 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 in the last quarter. Finally, Pensionfund Sabic grew 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 during the last quarter. 80.38% of the stock is owned by institutional investors.
Insider Buying and Selling at Union Pacific
In other news, President Elizabeth F. Whited sold 7,500 shares of the stock in a transaction on 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 transaction, the president now directly owns 64,960 shares of the company's stock, valued at $16,240,000. This represents a 10.35 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available 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 of the company's stock, valued at approximately $6,632,388. This represents a 19.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.28% of the company's stock.
Wall Street Analyst Weigh In
A number of brokerages have recently weighed in on UNP. Citigroup boosted their price objective on shares of Union Pacific from $254.00 to $260.00 and gave the stock a "neutral" rating in a report on Friday, January 24th. Loop Capital lowered shares of Union Pacific from a "hold" rating to a "sell" rating and cut their price target for the stock from $265.00 to $200.00 in a report on Monday, February 3rd. Raymond James reaffirmed a "strong-buy" rating and set a $285.00 price objective (up from $265.00) on shares of Union Pacific in a research note on Friday, January 24th. Stifel Nicolaus raised their target price on Union Pacific from $253.00 to $270.00 and gave the stock a "buy" rating in a research note on Friday, January 24th. Finally, Guggenheim upped their price target on Union Pacific from $266.00 to $275.00 and gave the company a "buy" rating in a research report on Friday, January 24th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Union Pacific presently has an average rating of "Moderate Buy" and a consensus target price of $262.76.
Check Out Our Latest Report on UNP
Union Pacific Stock Down 1.7 %
Shares of NYSE:UNP traded down $3.91 on Friday, hitting $232.06. 1,917,148 shares of the company traded hands, compared to its average volume of 2,425,716. 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. The stock has a 50 day simple moving average of $243.11 and a 200-day simple moving average of $239.56. Union Pacific Co. has a 52 week low of $218.55 and a 52 week high of $258.07. 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 (NYSE:UNP - Get Free Report) last issued its 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 in the previous year, the firm earned $2.71 earnings per share. As a group, research analysts expect that Union Pacific Co. will post 11.99 earnings per share for the current year.
Union Pacific Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be paid a dividend of $1.34 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $5.36 annualized dividend and a yield of 2.31%. Union Pacific's dividend payout ratio is 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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