Rhumbline Advisers Has $284.49 Million Stock Holdings in Union Pacific Co. (NYSE:UNP)

Rhumbline Advisers lowered its stake in Union Pacific Co. (NYSE:UNP - Free Report) by 0.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,247,535 shares of the railroad operator's stock after selling 11,434 shares during the period. Rhumbline Advisers owned about 0.21% of Union Pacific worth $284,488,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in UNP. WASHINGTON TRUST Co lifted its position in shares of Union Pacific by 3.4% during the 4th quarter. WASHINGTON TRUST Co now owns 11,213 shares of the railroad operator's stock worth $2,557,000 after purchasing an additional 370 shares during the last quarter. PUREfi Wealth LLC purchased a new stake in Union Pacific during the fourth quarter worth approximately $604,000. DeDora Capital Inc. boosted its holdings in shares of Union Pacific by 2.1% in the 4th quarter. DeDora Capital Inc. now owns 10,030 shares of the railroad operator's stock valued at $2,287,000 after buying an additional 208 shares in the last quarter. Blue Trust Inc. raised its stake in Union Pacific by 14.6% during the 4th quarter. Blue Trust Inc. now owns 9,304 shares of the railroad operator's stock worth $2,122,000 after acquiring an additional 1,183 shares in the last quarter. Finally, Campbell Wealth Management acquired a new position in Union Pacific in the fourth quarter valued at $320,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

UNP has been the topic of a number of research reports. Wells Fargo & Company dropped their price target on Union Pacific from $267.00 to $265.00 and set an "overweight" rating on the stock in a research note on Tuesday, January 7th. Barclays upped their price objective on Union Pacific from $275.00 to $285.00 and gave the company an "overweight" rating in a research note on Wednesday, November 13th. Royal Bank of Canada cut their price objective on shares of Union Pacific from $288.00 to $283.00 and set an "outperform" rating for the company in a research report on Friday, October 25th. TD Cowen increased their target price on Union Pacific from $245.00 to $258.00 and gave the stock a "buy" rating in a research note on Friday, January 24th. Finally, Loop Capital downgraded shares of Union Pacific from a "hold" rating to a "sell" rating and reduced their price target for the company from $265.00 to $200.00 in a research report on Monday, February 3rd. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Union Pacific currently has a consensus rating of "Moderate Buy" and a consensus target price of $261.40.

Union Pacific Stock Down 1.7 %

Union Pacific stock traded down $4.15 during midday trading on Wednesday, hitting $247.02. 2,488,471 shares of the stock were exchanged, compared to its average volume of 2,721,523. 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 Co. has a 1 year low of $218.55 and a 1 year high of $258.66. The company has a 50 day moving average price of $236.93 and a two-hundred day moving average price of $240.52. The firm has a market cap of $149.27 billion, a P/E ratio of 22.27, a P/E/G ratio of 2.16 and a beta of 1.06.

Union Pacific (NYSE:UNP - Get Free Report) last posted its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, beating 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 EPS. On average, sell-side analysts predict that Union Pacific Co. will post 12.01 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be issued a $1.34 dividend. The ex-dividend date is Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.17%. Union Pacific's dividend payout ratio (DPR) is 48.33%.

Insider Activity at Union Pacific

In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of the company'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 completion of the transaction, the executive vice president now owns 26,319 shares in the company, valued at approximately $6,632,388. This represents a 19.79 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, President Elizabeth F. Whited sold 7,500 shares of Union Pacific stock in a transaction that occurred on 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 sale, the president now directly owns 64,960 shares in the company, valued at approximately $16,240,000. This trade represents a 10.35 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.26% of the company's stock.

Union Pacific 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.