ExodusPoint Capital Management LP Sells 50,963 Shares of Union Pacific Co. (NYSE:UNP)

ExodusPoint Capital Management LP reduced its holdings in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 88.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,822 shares of the railroad operator's stock after selling 50,963 shares during the period. ExodusPoint Capital Management LP's holdings in Union Pacific were worth $1,556,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Norges Bank acquired a new stake in shares of Union Pacific during the 4th quarter worth approximately $1,927,377,000. Raymond James Financial Inc. acquired a new stake in Union Pacific in the fourth quarter worth $1,035,905,000. Geode Capital Management LLC increased its stake in Union Pacific by 12.6% in the fourth quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator's stock valued at $3,282,305,000 after purchasing an additional 1,616,895 shares in the last quarter. Vontobel Holding Ltd. raised its holdings in shares of Union Pacific by 74.7% during the fourth quarter. Vontobel Holding Ltd. now owns 2,146,990 shares of the railroad operator's stock valued at $489,600,000 after purchasing an additional 918,248 shares during the period. Finally, Franklin Resources Inc. boosted its position in shares of Union Pacific by 9.3% during the 3rd quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator's stock worth $1,795,993,000 after purchasing an additional 625,492 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company's stock.

Wall Street Analyst Weigh In

UNP has been the topic of a number of research reports. TD Cowen upped their price target on Union Pacific from $245.00 to $258.00 and gave the stock a "buy" rating in a research note on Friday, January 24th. Raymond James lowered their target price on Union Pacific from $285.00 to $260.00 and set a "strong-buy" rating on the stock in a research report on Friday. Deutsche Bank Aktiengesellschaft began coverage on shares of Union Pacific in a research report on Friday, March 7th. They issued a "buy" rating and a $295.00 price target for the company. Susquehanna lowered their price objective on shares of Union Pacific from $265.00 to $255.00 and set a "neutral" rating on the stock in a report on Thursday, March 27th. Finally, Robert W. Baird raised their price objective on shares of Union Pacific from $260.00 to $265.00 and gave the company an "outperform" rating in a research note on Friday, January 24th. One investment 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. Based on data from MarketBeat.com, Union Pacific has an average rating of "Moderate Buy" and a consensus price target of $257.43.

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Insider Buying and Selling at Union Pacific

In other news, EVP Craig V. Richardson sold 6,495 shares of the business's stock in a transaction that occurred on 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 sale, the executive vice president now owns 26,319 shares of the company's stock, valued at $6,632,388. The trade was a 19.79 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, President Elizabeth F. Whited sold 7,500 shares of the company's stock in a transaction that occurred on 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 sale, the president now owns 64,960 shares in the company, valued at $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. Corporate insiders own 0.28% of the company's stock.

Union Pacific Stock Performance

Shares of NYSE UNP traded down $0.10 during mid-day trading on Tuesday, reaching $222.18. 630,006 shares of the company's stock were exchanged, compared to its average volume of 2,514,941. The firm has a market capitalization of $133.15 billion, a price-to-earnings ratio of 20.02, a price-to-earnings-growth ratio of 2.15 and a beta of 1.06. The firm has a 50-day moving average price of $237.03 and a two-hundred day moving average price of $237.08. 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 52 week low of $204.66 and a 52 week high of $258.07.

Union Pacific (NYSE:UNP - Get Free Report) last released its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, beating analysts' consensus estimates 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 business earned $2.71 EPS. Analysts predict that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, February 28th were given a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a yield of 2.41%. The ex-dividend date of this dividend was Friday, February 28th. Union Pacific's dividend payout ratio is currently 48.33%.

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.