Sloy Dahl & Holst LLC grew its position in Union Pacific Co. (NYSE:UNP – Free Report) by 0.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,050 shares of the railroad operator’s stock after acquiring an additional 50 shares during the quarter. Sloy Dahl & Holst LLC’s holdings in Union Pacific were worth $1,380,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in UNP. Patron Partners LLC lifted its position in Union Pacific by 13.8% during the fourth quarter. Patron Partners LLC now owns 4,239 shares of the railroad operator’s stock worth $967,000 after buying an additional 515 shares in the last quarter. abrdn plc lifted its position in Union Pacific by 9.3% during the fourth quarter. abrdn plc now owns 415,874 shares of the railroad operator’s stock worth $94,588,000 after buying an additional 35,414 shares in the last quarter. Trust Point Inc. lifted its position in Union Pacific by 17.5% during the fourth quarter. Trust Point Inc. now owns 6,104 shares of the railroad operator’s stock worth $1,392,000 after buying an additional 908 shares in the last quarter. Childress Capital Advisors LLC lifted its position in Union Pacific by 2.7% during the fourth quarter. Childress Capital Advisors LLC now owns 2,243 shares of the railroad operator’s stock worth $512,000 after buying an additional 60 shares in the last quarter. Finally, Fourpath Capital Management LLC raised its position in Union Pacific by 0.4% in the fourth quarter. Fourpath Capital Management LLC now owns 47,282 shares of the railroad operator’s stock valued at $10,782,000 after purchasing an additional 183 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.
Union Pacific Stock Down 1.9 %
UNP opened at $243.16 on Tuesday. The business has a 50 day moving average price of $235.41 and a two-hundred day moving average price of $240.11. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. The company has a market cap of $147.42 billion, a PE ratio of 21.93, a P/E/G ratio of 2.15 and a beta of 1.06. Union Pacific Co. has a 52 week low of $218.55 and a 52 week high of $258.66.
Union Pacific Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were issued a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a yield of 2.20%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific’s dividend payout ratio (DPR) is presently 48.33%.
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on the company. Royal Bank of Canada reduced their target price on Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Stifel Nicolaus lifted their target price on Union Pacific from $253.00 to $270.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Raymond James restated a “strong-buy” rating and issued a $285.00 target price (up previously from $265.00) on shares of Union Pacific in a research report on Friday, January 24th. TD Cowen lifted their price objective on Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Finally, Sanford C. Bernstein dropped their price objective on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research note on Wednesday, October 9th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $261.40.
Read Our Latest Report on Union Pacific
Insider Buying and Selling at Union Pacific
In other Union Pacific news, President Elizabeth F. Whited sold 7,500 shares of the stock in a transaction on Friday, January 24th. The stock was sold at an average price of $250.00, for a total transaction of $1,875,000.00. Following the transaction, the president now owns 64,960 shares of the company’s stock, valued at $16,240,000. This represents a 10.35 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Craig V. Richardson sold 6,495 shares of the 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 represents a 19.79 % decrease in their position. The disclosure for this sale can be found here. 0.26% of the stock is owned by insiders.
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.
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