Union Pacific Co. (NYSE:UNP) Shares Acquired by AlphaQuest LLC

AlphaQuest LLC raised its stake in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 248,600.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,487 shares of the railroad operator's stock after purchasing an additional 2,486 shares during the quarter. AlphaQuest LLC's holdings in Union Pacific were worth $567,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. World Investment Advisors LLC increased its stake in Union Pacific by 103.1% during the 3rd quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator's stock valued at $8,770,000 after purchasing an additional 18,060 shares in the last quarter. abrdn plc increased its stake 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 worth $94,588,000 after acquiring an additional 35,414 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in shares of Union Pacific by 2.8% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator's stock worth $44,348,000 after acquiring an additional 4,939 shares during the period. Border to Coast Pensions Partnership Ltd increased its stake in shares of Union Pacific by 24.2% in the fourth quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator's stock worth $63,185,000 after acquiring an additional 53,946 shares during the period. Finally, Pensionfund Sabic increased its stake in shares of Union Pacific by 61.5% in the fourth quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator's stock worth $2,394,000 after acquiring an additional 4,000 shares during the period. Institutional investors and hedge funds own 80.38% of the company's stock.

Insider Buying and Selling

In other Union Pacific news, President Elizabeth F. Whited sold 7,500 shares of Union Pacific stock in a transaction dated 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 completion of the sale, the president now directly 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Craig V. Richardson sold 6,495 shares of Union Pacific stock in a transaction dated 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 owns 26,319 shares of the company's stock, valued at approximately $6,632,388. This represents a 19.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.26% of the stock is owned by company insiders.

Union Pacific Stock Performance

NYSE:UNP opened at $237.61 on Thursday. The company's 50-day moving average price is $241.82 and its 200-day moving average price is $240.89. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76. The company has a market cap of $143.59 billion, a P/E ratio of 21.43, a P/E/G ratio of 2.15 and a beta of 1.05. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.07.

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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 for the quarter, topping 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 prior year, the company earned $2.71 EPS. On average, sell-side analysts forecast that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be given a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a yield of 2.26%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific's payout ratio is currently 48.33%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on UNP shares. Wells Fargo & Company cut their price objective on shares of Union Pacific from $267.00 to $265.00 and set an "overweight" rating on the stock in a research note on Tuesday, January 7th. Citigroup increased their price objective on shares of Union Pacific from $254.00 to $260.00 and gave the stock a "neutral" rating in a research note on Friday, January 24th. BMO Capital Markets increased their price objective on shares of Union Pacific from $275.00 to $277.00 and gave the stock an "outperform" rating in a research note on Friday, January 24th. Barclays increased their price objective on shares of Union Pacific from $275.00 to $285.00 and gave the stock an "overweight" rating in a research note on Wednesday, November 13th. Finally, TD Cowen increased their price target on shares of Union Pacific from $245.00 to $258.00 and gave the stock a "buy" rating in a report on Friday, January 24th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Union Pacific currently has a consensus rating of "Moderate Buy" and an average target price of $263.00.

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.

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