14,970 Shares in Union Pacific Co. (NYSE:UNP) Acquired by Heritage Trust Co

Heritage Trust Co acquired a new position in shares of Union Pacific Co. (NYSE:UNP - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 14,970 shares of the railroad operator's stock, valued at approximately $3,414,000.

A number of other large investors have also recently made changes to their positions in the company. Howard Capital Management Group LLC grew its holdings in shares of Union Pacific by 16.4% during the third quarter. Howard Capital Management Group LLC now owns 2,860 shares of the railroad operator's stock worth $705,000 after purchasing an additional 403 shares during the last quarter. Sunbelt Securities Inc. boosted its holdings in shares of Union Pacific by 5.4% in the third quarter. Sunbelt Securities Inc. now owns 4,418 shares of the railroad operator's stock valued at $1,089,000 after acquiring an additional 225 shares during the period. TD Private Client Wealth LLC increased its holdings in shares of Union Pacific by 0.6% in the 3rd quarter. TD Private Client Wealth LLC now owns 19,642 shares of the railroad operator's stock valued at $4,841,000 after acquiring an additional 121 shares during the period. TCW Group Inc. raised its position in Union Pacific by 8.9% in the 3rd quarter. TCW Group Inc. now owns 38,892 shares of the railroad operator's stock valued at $9,586,000 after purchasing an additional 3,182 shares during the last quarter. Finally, Anchor Investment Management LLC increased its stake in Union Pacific by 0.6% in the third quarter. Anchor Investment Management LLC now owns 43,071 shares of the railroad operator's stock valued at $10,616,000 after purchasing an additional 276 shares during the period. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

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Analyst Upgrades and Downgrades

Several equities analysts have weighed in on UNP shares. Guggenheim raised their target price on shares of Union Pacific from $266.00 to $275.00 and gave the company a "buy" rating in a report on Friday, January 24th. Raymond James cut their price target on Union Pacific from $285.00 to $260.00 and set a "strong-buy" rating for the company in a report on Friday, April 11th. Loop Capital downgraded 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 research note on Monday, February 3rd. Jefferies Financial Group reduced their price objective on Union Pacific from $255.00 to $230.00 and set a "hold" rating on the stock in a research note on Wednesday, April 9th. Finally, Stifel Nicolaus dropped their target price on shares of Union Pacific from $270.00 to $248.00 and set a "buy" rating for the company in a research report on Monday. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $257.50.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of the firm's stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $252.00, for a total transaction of $1,636,740.00. Following the transaction, the executive vice president now owns 26,319 shares in the company, valued at approximately $6,632,388. This trade represents a 19.79 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Elizabeth F. Whited sold 7,500 shares of the stock in a transaction that occurred on 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 completion of 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. Company insiders own 0.19% of the company's stock.

Union Pacific Stock Down 1.3 %

Shares of UNP stock traded down $2.89 on Wednesday, hitting $217.19. The company's stock had a trading volume of 1,264,078 shares, compared to its average volume of 2,519,678. The stock has a market capitalization of $130.17 billion, a price-to-earnings ratio of 19.58, a P/E/G ratio of 2.15 and a beta of 1.06. The firm's fifty day moving average price is $236.56 and its 200-day moving average price is $236.97. Union Pacific Co. has a fifty-two week low of $204.66 and a fifty-two week high of $258.07. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62.

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, 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 in the previous year, the business earned $2.71 earnings per share. Research analysts anticipate that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The firm also recently announced 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. The ex-dividend date was Friday, February 28th. This represents a $5.36 annualized dividend and a dividend yield of 2.47%. Union Pacific's dividend payout ratio (DPR) is currently 48.33%.

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.