Wellington Management Group LLP Cuts Stock Holdings in Union Pacific Co. (NYSE:UNP)

Wellington Management Group LLP trimmed its holdings in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 12.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,788,688 shares of the railroad operator's stock after selling 841,180 shares during the quarter. Wellington Management Group LLP owned 0.96% of Union Pacific worth $1,320,052,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Compass Financial Services Inc purchased a new stake in Union Pacific in the fourth quarter valued at $25,000. Synergy Asset Management LLC purchased a new position in Union Pacific in the fourth quarter valued at $29,000. Dunhill Financial LLC raised its position in shares of Union Pacific by 111.5% in the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator's stock worth $32,000 after acquiring an additional 68 shares during the period. PrairieView Partners LLC purchased a new position in shares of Union Pacific during the 4th quarter valued at approximately $34,000. Finally, Kentucky Trust Co purchased a new stake in Union Pacific in the 4th quarter worth $40,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, EVP Craig V. Richardson sold 6,495 shares of the business'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 transaction, the executive vice president now 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 sale was disclosed in a document filed 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 shares were 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 owns 64,960 shares of the company's stock, valued at $16,240,000. This trade represents a 10.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.28% of the stock is owned by insiders.

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Analysts Set New Price Targets

Several research firms have issued reports on UNP. Susquehanna decreased 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. TD Cowen boosted their price objective on Union Pacific from $245.00 to $258.00 and gave the stock a "buy" rating in a research note on Friday, January 24th. Benchmark raised their target price on Union Pacific from $266.00 to $275.00 and gave the company a "buy" rating in a research report on Friday, January 24th. Wells Fargo & Company lowered their price target on Union Pacific from $265.00 to $260.00 and set an "overweight" rating on the stock in a research note on Thursday, March 27th. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of Union Pacific in a research note on Friday, March 7th. They set a "buy" rating and a $295.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $261.95.

Union Pacific Trading Up 0.5 %

Union Pacific stock traded up $1.17 during trading on Wednesday, hitting $238.34. The company had a trading volume of 2,023,200 shares, compared to its average volume of 2,427,795. The stock has a market cap of $142.84 billion, a price-to-earnings ratio of 21.49, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76. Union Pacific Co. has a 1-year low of $218.55 and a 1-year high of $258.07. The company's 50 day simple moving average is $243.17 and its 200-day simple moving average is $239.24.

Union Pacific (NYSE:UNP - Get Free Report) last announced its quarterly earnings data 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 company earned $2.71 earnings per share. As a group, analysts expect that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, February 28th were given a $1.34 dividend. The ex-dividend date was Friday, February 28th. This represents a $5.36 annualized dividend and a yield of 2.25%. Union Pacific's dividend payout ratio (DPR) is 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.