Saturna Capital Corp Has $72.36 Million Stock Holdings in Union Pacific Co. (NYSE:UNP)

Saturna Capital Corp lowered its position in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 0.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 317,328 shares of the railroad operator's stock after selling 1,525 shares during the quarter. Saturna Capital Corp owned approximately 0.05% of Union Pacific worth $72,363,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. World Investment Advisors LLC grew its holdings in shares of Union Pacific by 103.1% during the third quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator's stock worth $8,770,000 after purchasing an additional 18,060 shares during the last quarter. abrdn plc increased its holdings in shares of Union Pacific by 9.3% in the fourth quarter. abrdn plc now owns 415,874 shares of the railroad operator's stock valued at $94,588,000 after purchasing an additional 35,414 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in Union Pacific by 2.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator's stock worth $44,348,000 after purchasing an additional 4,939 shares during the last quarter. Border to Coast Pensions Partnership Ltd raised its position in Union Pacific by 24.2% in the 4th quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator's stock worth $63,185,000 after purchasing an additional 53,946 shares during the last quarter. Finally, Pensionfund Sabic lifted its holdings in Union Pacific by 61.5% during the 4th quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator's stock worth $2,394,000 after buying an additional 4,000 shares in the last quarter. 80.38% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. Benchmark raised their price objective on shares of Union Pacific from $266.00 to $275.00 and gave the company a "buy" rating in a research note on Friday, January 24th. BMO Capital Markets boosted their target price on Union Pacific from $275.00 to $277.00 and gave the stock an "outperform" rating in a research report on Friday, January 24th. Loop Capital lowered shares of Union Pacific from a "hold" rating to a "sell" rating and cut their target price for the stock from $265.00 to $200.00 in a report on Monday, February 3rd. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Union Pacific in a research note on Friday, March 7th. They issued a "buy" rating and a $295.00 price target on the stock. Finally, Wells Fargo & Company decreased their price objective on Union Pacific from $267.00 to $265.00 and set an "overweight" rating for the company in a report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Union Pacific currently has an average rating of "Moderate Buy" and a consensus price target of $263.00.

Remove Ads

Insider Transactions at Union Pacific

In related news, President Elizabeth F. Whited sold 7,500 shares of the firm's stock in a transaction on Friday, January 24th. The stock was sold at an average price of $250.00, for a total transaction 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 $16,240,000. This trade represents a 10.35 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 sale, 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 disclosure for this sale can be found here. 0.26% of the stock is owned by company insiders.

Union Pacific Trading Down 4.3 %

NYSE UNP opened at $237.72 on Wednesday. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.07. The business's fifty day moving average is $241.63 and its 200 day moving average is $240.91. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. The company has a market cap of $143.65 billion, a price-to-earnings ratio of 21.44, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05.

Union Pacific (NYSE:UNP - Get Free Report) last released its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, topping the consensus estimate 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 quarter in the previous year, the company earned $2.71 EPS. As a group, sell-side analysts expect that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be paid a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a dividend yield of 2.25%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific's payout ratio 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.

Want to see what other hedge funds are holding UNP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Union Pacific Co. (NYSE:UNP - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.