GHP Investment Advisors Inc. boosted its stake in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 6.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,344 shares of the railroad operator’s stock after purchasing an additional 86 shares during the period. GHP Investment Advisors Inc.’s holdings in Union Pacific were worth $306,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Red Mountain Financial LLC boosted its stake in shares of Union Pacific by 2.0% in the 3rd quarter. Red Mountain Financial LLC now owns 2,276 shares of the railroad operator’s stock worth $561,000 after buying an additional 45 shares during the last quarter. Roble Belko & Company Inc lifted its holdings in Union Pacific by 26.8% in the fourth quarter. Roble Belko & Company Inc now owns 213 shares of the railroad operator’s stock valued at $49,000 after acquiring an additional 45 shares during the period. Pflug Koory LLC boosted its position in Union Pacific by 0.5% in the fourth quarter. Pflug Koory LLC now owns 8,569 shares of the railroad operator’s stock worth $1,954,000 after purchasing an additional 45 shares during the last quarter. Baron Wealth Management LLC grew its stake in shares of Union Pacific by 3.3% during the 4th quarter. Baron Wealth Management LLC now owns 1,409 shares of the railroad operator’s stock valued at $321,000 after purchasing an additional 45 shares during the period. Finally, Regatta Capital Group LLC increased its position in shares of Union Pacific by 2.8% during the 4th quarter. Regatta Capital Group LLC now owns 1,672 shares of the railroad operator’s stock valued at $381,000 after purchasing an additional 46 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.
Union Pacific Stock Down 0.6 %
UNP opened at $242.12 on Friday. 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 capitalization of $146.79 billion, a PE ratio of 21.83, a price-to-earnings-growth 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. The firm has a 50-day simple moving average of $235.20 and a two-hundred day simple moving average of $240.17.
Union Pacific Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be paid a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a yield of 2.21%. The ex-dividend date is Friday, February 28th. Union Pacific’s payout ratio is 48.33%.
Analysts Set New Price Targets
UNP has been the subject of several recent research reports. Wells Fargo & Company cut their target price on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a research report on Tuesday, January 7th. Barclays boosted their price objective on shares of Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a research report on Wednesday, November 13th. TD Cowen raised their target price on Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a report on Friday, January 24th. JPMorgan Chase & Co. cut their price target on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Finally, Susquehanna decreased their price objective on Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Union Pacific has an average rating of “Moderate Buy” and a consensus target price of $261.40.
Get Our Latest Research Report on UNP
Insider Buying and Selling at Union Pacific
In related news, President Elizabeth F. Whited sold 7,500 shares of the 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 transaction, the president now owns 64,960 shares of the company’s stock, valued at approximately $16,240,000. This trade represents a 10.35 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Craig V. Richardson sold 6,495 shares of Union Pacific 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 completion of the transaction, the executive vice president now owns 26,319 shares of the company’s stock, 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 company 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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