Horizon Investments LLC Raises Stake in Union Pacific Co. (NYSE:UNP)

Horizon Investments LLC lifted its holdings in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 8.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 20,380 shares of the railroad operator's stock after purchasing an additional 1,632 shares during the quarter. Horizon Investments LLC's holdings in Union Pacific were worth $4,647,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of UNP. Compass Financial Services Inc bought a new stake in shares of Union Pacific during the 4th quarter worth $25,000. Synergy Asset Management LLC bought a new stake in shares of Union Pacific during the 4th quarter worth $29,000. Dunhill Financial LLC boosted its holdings in shares of Union Pacific by 111.5% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator's stock worth $32,000 after buying an additional 68 shares during the period. PrairieView Partners LLC bought a new stake in shares of Union Pacific during the 4th quarter worth $34,000. Finally, Kentucky Trust Co bought a new stake in shares of Union Pacific during the 4th quarter worth $40,000. Institutional investors and hedge funds own 80.38% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. Robert W. Baird increased their price target on shares of Union Pacific from $260.00 to $265.00 and gave the company an "outperform" rating in a report on Friday, January 24th. Benchmark increased their price target on shares of Union Pacific from $266.00 to $275.00 and gave the company a "buy" rating in a report on Friday, January 24th. Wells Fargo & Company reduced their price objective on shares of Union Pacific from $267.00 to $265.00 and set an "overweight" rating for the company in a report on Tuesday, January 7th. TD Cowen raised their price objective 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. Finally, BMO Capital Markets increased their target price on shares of Union Pacific from $275.00 to $277.00 and gave the stock an "outperform" rating in a research report on Friday, January 24th. One equities research 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 company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $263.00.

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Insider Activity

In other 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 sale, the president now 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 can be accessed through this link. Also, EVP Craig V. Richardson sold 6,495 shares of the business's stock in a transaction dated 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 of the company's stock, valued at approximately $6,632,388. The trade was a 19.79 % decrease in their position. The disclosure for this sale can be found here. 0.28% of the stock is owned by corporate insiders.

Union Pacific Trading Down 0.4 %

Union Pacific stock traded down $1.00 during midday trading on Friday, hitting $233.79. 4,167,677 shares of the stock were exchanged, compared to its average volume of 2,302,073. The company has a fifty day simple moving average of $242.68 and a two-hundred day simple moving average of $240.16. Union Pacific Co. has a 52 week low of $218.55 and a 52 week high of $258.07. The stock has a market capitalization of $141.28 billion, a PE ratio of 21.08, a P/E/G ratio of 2.15 and a beta of 1.05. 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 released its quarterly earnings data 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 quarter last year, the business posted $2.71 EPS. Equities research analysts anticipate that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently disclosed 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 of this dividend is Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.29%. Union Pacific's dividend payout ratio (DPR) is presently 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.