Union Pacific Co. (NYSE:UNP) Shares Bought by Geode Capital Management LLC

Geode Capital Management LLC increased its stake in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 12.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 14,430,581 shares of the railroad operator's stock after acquiring an additional 1,616,895 shares during the quarter. Geode Capital Management LLC owned about 2.38% of Union Pacific worth $3,282,305,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. World Investment Advisors LLC grew its position 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 valued at $8,770,000 after purchasing an additional 18,060 shares in the last quarter. abrdn plc grew its holdings in Union Pacific by 9.3% during the 4th quarter. abrdn plc now owns 415,874 shares of the railroad operator's stock valued at $94,588,000 after buying an additional 35,414 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake 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 acquiring an additional 4,939 shares during the last quarter. Border to Coast Pensions Partnership Ltd raised its holdings in shares of Union Pacific by 24.2% during 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 acquiring an additional 53,946 shares in the last quarter. Finally, Pensionfund Sabic boosted its position in shares of Union Pacific by 61.5% during the 4th quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator's stock valued at $2,394,000 after acquiring an additional 4,000 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on UNP. Raymond James reaffirmed a "strong-buy" rating and set a $285.00 price target (up previously from $265.00) on shares of Union Pacific in a research note on Friday, January 24th. Loop Capital cut shares of Union Pacific from a "hold" rating to a "sell" rating and decreased their target price for the company from $265.00 to $200.00 in a research report on Monday, February 3rd. Deutsche Bank Aktiengesellschaft started coverage on Union Pacific in a research report on Friday, March 7th. They issued a "buy" rating and a $295.00 price target for the company. Guggenheim raised their price objective on Union Pacific from $266.00 to $275.00 and gave the company a "buy" rating in a research note on Friday, January 24th. Finally, Benchmark lifted their target price on Union Pacific from $266.00 to $275.00 and gave the stock a "buy" rating in a report on Friday, January 24th. One analyst has rated the stock with a sell rating, eight have issued a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $261.95.

Union Pacific Trading Down 5.0 %

NYSE:UNP traded down $11.11 during midday trading on Friday, hitting $212.86. The stock had a trading volume of 6,696,080 shares, compared to its average volume of 2,466,644. The stock has a 50-day moving average of $242.01 and a 200 day moving average of $238.75. The company has a market capitalization of $127.57 billion, a price-to-earnings ratio of 19.19, a PEG ratio of 2.15 and a beta of 1.06. Union Pacific Co. has a one year low of $212.55 and a one year high of $258.07. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76.

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, topping 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 quarter in the prior year, the business posted $2.71 EPS. As a group, sell-side analysts forecast that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, February 28th were given a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a yield of 2.52%. The ex-dividend date of this dividend was Friday, February 28th. Union Pacific's dividend payout ratio (DPR) is 48.33%.

Insider Activity

In other news, EVP Craig V. Richardson sold 6,495 shares of Union Pacific stock in a transaction on Monday, January 27th. The stock was sold at an average price of $252.00, for a total value of $1,636,740.00. Following the transaction, the executive vice president now directly owns 26,319 shares in the company, valued at approximately $6,632,388. This trade represents a 19.79 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of the business's stock in a transaction 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 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 disclosure for this sale can be found here. Company insiders own 0.28% of the company's stock.

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.