National Bank of Canada FI Increases Holdings in Union Pacific Co. (NYSE:UNP)

National Bank of Canada FI boosted its holdings in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 7.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 449,437 shares of the railroad operator's stock after purchasing an additional 29,928 shares during the period. National Bank of Canada FI owned about 0.07% of Union Pacific worth $102,490,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Palogic Value Management L.P. boosted its stake in Union Pacific by 1.5% in the fourth quarter. Palogic Value Management L.P. now owns 2,823 shares of the railroad operator's stock valued at $644,000 after acquiring an additional 42 shares in the last quarter. Roble Belko & Company Inc raised its stake in Union Pacific by 26.8% in the fourth quarter. Roble Belko & Company Inc now owns 213 shares of the railroad operator's stock valued at $49,000 after buying an additional 45 shares during the last quarter. Pflug Koory LLC raised its stake in Union Pacific by 0.5% in the fourth quarter. Pflug Koory LLC now owns 8,569 shares of the railroad operator's stock valued at $1,954,000 after buying an additional 45 shares during the last quarter. Baron Wealth Management LLC grew its stake in shares of Union Pacific by 3.3% during the fourth quarter. Baron Wealth Management LLC now owns 1,409 shares of the railroad operator's stock worth $321,000 after acquiring an additional 45 shares during the last quarter. Finally, Mystic Asset Management Inc. raised its position in shares of Union Pacific by 2.0% in the 4th quarter. Mystic Asset Management Inc. now owns 2,309 shares of the railroad operator's stock valued at $527,000 after purchasing an additional 45 shares during the last quarter. Institutional investors own 80.38% of the company's stock.

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Insider Buying and Selling at Union Pacific

In other news, President Elizabeth F. Whited sold 7,500 shares of the firm's stock in a transaction that occurred on Friday, January 24th. The stock was sold at an average price of $250.00, for a total value of $1,875,000.00. Following the transaction, the president now owns 64,960 shares in the company, valued at $16,240,000. This trade represents a 10.35 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Craig V. Richardson sold 6,495 shares of the firm's 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 completion of the transaction, 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 position. The disclosure for this sale can be found here. Insiders own 0.28% of the company's stock.

Analyst Ratings Changes

Several analysts have weighed in on the stock. 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. Benchmark upped their target price on Union Pacific from $266.00 to $275.00 and gave the company a "buy" rating in a research report on Friday, January 24th. Loop Capital cut Union Pacific from a "hold" rating to a "sell" rating and lowered their price target for the stock from $265.00 to $200.00 in a research report on Monday, February 3rd. Susquehanna cut their price objective on Union Pacific from $265.00 to $255.00 and set a "neutral" rating on the stock in a report on Thursday, March 27th. Finally, Deutsche Bank Aktiengesellschaft started coverage on Union Pacific in a research note on Friday, March 7th. They issued a "buy" rating and a $295.00 price objective for the company. One research analyst has rated the stock with a sell rating, eight have given a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $261.95.

Union Pacific Price Performance

Shares of Union Pacific stock traded down $14.71 on Thursday, hitting $223.75. The company's stock had a trading volume of 5,754,791 shares, compared to its average volume of 2,443,994. The company has a market capitalization of $134.10 billion, a price-to-earnings ratio of 20.18, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.07. 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 has a fifty day moving average price of $242.74 and a 200-day moving average price of $239.13.

Union Pacific (NYSE:UNP - Get Free Report) last posted its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 EPS 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 period in the previous year, the firm earned $2.71 earnings per share. As a group, sell-side analysts anticipate that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, February 28th were issued a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a yield of 2.40%. The ex-dividend date was Friday, February 28th. Union Pacific's payout ratio is 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.