Redwood Park Advisors LLC Buys Shares of 2,473 Union Pacific Co. (NYSE:UNP)

Redwood Park Advisors LLC acquired a new stake in Union Pacific Co. (NYSE:UNP - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,473 shares of the railroad operator's stock, valued at approximately $564,000. Union Pacific accounts for 0.4% of Redwood Park Advisors LLC's investment portfolio, making the stock its 18th biggest position.

Other large investors have also modified their holdings of the company. Palogic Value Management L.P. raised its stake in shares of Union Pacific by 1.5% in the 4th 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 grew its holdings in Union Pacific by 26.8% during the fourth quarter. Roble Belko & Company Inc now owns 213 shares of the railroad operator's stock valued at $49,000 after purchasing an additional 45 shares during the last quarter. Pflug Koory LLC lifted its stake in shares of Union Pacific by 0.5% in the fourth quarter. Pflug Koory LLC now owns 8,569 shares of the railroad operator's stock worth $1,954,000 after buying an additional 45 shares during the last quarter. Baron Wealth Management LLC boosted its holdings in shares of Union Pacific by 3.3% during the 4th quarter. Baron Wealth Management LLC now owns 1,409 shares of the railroad operator's stock worth $321,000 after buying an additional 45 shares during the period. Finally, Mystic Asset Management Inc. grew its stake in 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 buying an additional 45 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company's stock.

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Analyst Ratings Changes

A number of research analysts have weighed in on the stock. UBS Group cut their target price on shares of Union Pacific from $255.00 to $245.00 and set a "neutral" rating for the company in a research report on Wednesday, April 2nd. Wells Fargo & Company decreased their target price 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. Deutsche Bank Aktiengesellschaft began coverage on Union Pacific in a research report on Friday, March 7th. They issued a "buy" rating and a $295.00 price target on the stock. Benchmark raised their price objective on shares of Union Pacific from $266.00 to $275.00 and gave the stock a "buy" rating in a research note on Friday, January 24th. Finally, Raymond James cut their target price on shares of Union Pacific from $285.00 to $260.00 and set a "strong-buy" rating for the company in a research note on Friday. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $257.43.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 7,500 shares of the business's stock in a transaction dated 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 completion of the transaction, the president now directly owns 64,960 shares of the company's stock, valued at approximately $16,240,000. The trade was a 10.35 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Craig V. Richardson sold 6,495 shares of the stock in a transaction that occurred 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 sale, the executive vice president now directly owns 26,319 shares in the company, valued at $6,632,388. This trade represents a 19.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.28% of the company's stock.

Union Pacific Price Performance

Shares of NYSE UNP traded down $1.29 during midday trading on Tuesday, reaching $220.98. 1,092,206 shares of the company traded hands, compared to its average volume of 2,516,934. Union Pacific Co. has a 12 month low of $204.66 and a 12 month 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 stock's 50-day simple moving average is $237.03 and its 200-day simple moving average is $237.08. The firm has a market cap of $132.44 billion, a PE ratio of 19.93, a PEG ratio of 2.15 and a beta of 1.06.

Union Pacific (NYSE:UNP - Get Free Report) last released its quarterly earnings results 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 net margin of 27.82% and a return on equity of 41.12%. During the same period last year, the firm earned $2.71 EPS. As a group, equities analysts anticipate that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

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