Millstone Evans Group LLC Invests $401,000 in Union Pacific Co. (NYSE:UNP)

Millstone Evans Group LLC bought a new position in shares of Union Pacific Co. (NYSE:UNP - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,758 shares of the railroad operator's stock, valued at approximately $401,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Summit Global Investments grew its position in shares of Union Pacific by 14.1% in the 4th quarter. Summit Global Investments now owns 50,967 shares of the railroad operator's stock valued at $11,622,000 after buying an additional 6,295 shares during the last quarter. Washington Trust Bank increased its position in shares of Union Pacific by 2.6% during the fourth quarter. Washington Trust Bank now owns 4,460 shares of the railroad operator's stock worth $1,017,000 after purchasing an additional 112 shares in the last quarter. TD Private Client Wealth LLC grew its stake in Union Pacific by 13.8% during the 4th quarter. TD Private Client Wealth LLC now owns 22,344 shares of the railroad operator's stock worth $5,095,000 after buying an additional 2,702 shares during the last quarter. Lee Danner & Bass Inc. increased its position in Union Pacific by 5.0% during the fourth quarter. Lee Danner & Bass Inc. now owns 1,029 shares of the railroad operator's stock worth $235,000 after buying an additional 49 shares during the period. Finally, Semanteon Capital Management LP lifted its stake in Union Pacific by 275.5% in the fourth quarter. Semanteon Capital Management LP now owns 6,233 shares of the railroad operator's stock valued at $1,421,000 after buying an additional 4,573 shares during the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

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Insider Transactions at Union Pacific

In other Union Pacific news, 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 value of $1,636,740.00. Following the transaction, the executive vice president now owns 26,319 shares in the company, valued at $6,632,388. This trade represents a 19.79 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, 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 transaction of $1,875,000.00. Following the sale, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.28% of the company's stock.

Analysts Set New Price Targets

Several analysts recently commented on UNP shares. TD Cowen upped their price target on shares of Union Pacific from $245.00 to $258.00 and gave the company a "buy" rating in a research report on Friday, January 24th. BMO Capital Markets increased their price objective on Union Pacific from $275.00 to $277.00 and gave the stock an "outperform" rating in a research report on Friday, January 24th. Robert W. Baird boosted 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. Deutsche Bank Aktiengesellschaft initiated 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. Finally, Loop Capital cut shares of Union Pacific from a "hold" rating to a "sell" rating and reduced their price objective for the company from $265.00 to $200.00 in a research note on Monday, February 3rd. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Union Pacific has an average rating of "Moderate Buy" and a consensus target price of $263.00.

Union Pacific Price Performance

Union Pacific stock traded up $2.25 during midday trading on Wednesday, reaching $238.04. 1,709,846 shares of the company were exchanged, compared to its average volume of 2,303,149. The company has a market capitalization of $143.84 billion, a price-to-earnings ratio of 21.46, a P/E/G ratio of 2.15 and a beta of 1.05. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. The firm's 50-day simple moving average is $242.98 and its 200-day simple moving average is $239.73. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.07.

Union Pacific (NYSE:UNP - Get Free Report) last posted 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 period last year, the firm earned $2.71 earnings per share. On average, analysts anticipate 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 dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.25%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific's dividend payout ratio 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.