Hosking Partners LLP cut its position in Union Pacific Co. (NYSE:UNP – Free Report) by 0.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 72,076 shares of the railroad operator’s stock after selling 205 shares during the quarter. Hosking Partners LLP’s holdings in Union Pacific were worth $16,436,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Howard Capital Management Group LLC boosted its holdings in Union Pacific by 16.4% in the 3rd quarter. Howard Capital Management Group LLC now owns 2,860 shares of the railroad operator’s stock valued at $705,000 after purchasing an additional 403 shares during the period. Pallas Capital Advisors LLC raised its position in shares of Union Pacific by 25.2% in the third quarter. Pallas Capital Advisors LLC now owns 2,050 shares of the railroad operator’s stock valued at $473,000 after buying an additional 413 shares in the last quarter. Mutual Advisors LLC boosted its stake in shares of Union Pacific by 2.7% in the third quarter. Mutual Advisors LLC now owns 9,494 shares of the railroad operator’s stock valued at $2,191,000 after buying an additional 251 shares during the period. Diversify Wealth Management LLC grew its position in Union Pacific by 33.6% during the third quarter. Diversify Wealth Management LLC now owns 6,250 shares of the railroad operator’s stock worth $1,509,000 after buying an additional 1,573 shares in the last quarter. Finally, SteelPeak Wealth LLC increased its stake in Union Pacific by 18.7% during the 3rd quarter. SteelPeak Wealth LLC now owns 2,379 shares of the railroad operator’s stock worth $586,000 after acquiring an additional 375 shares during the period. 80.38% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several research firms have recently issued reports on UNP. TD Cowen increased 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. Guggenheim raised their target price 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. Raymond James reaffirmed a “strong-buy” rating and set a $285.00 price target (up previously from $265.00) on shares of Union Pacific in a report on Friday, January 24th. BMO Capital Markets lifted their price objective on shares of Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Finally, Citigroup boosted their price objective on shares of Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research report on Friday, January 24th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Union Pacific has an average rating of “Moderate Buy” and a consensus price target of $261.40.
Insider Activity at Union Pacific
In other news, President Elizabeth F. Whited sold 7,500 shares of the business’s stock in a transaction dated Friday, January 24th. The stock was sold at an average price of $250.00, for a total value of $1,875,000.00. Following the transaction, the president now directly owns 64,960 shares of the company’s stock, valued at $16,240,000. The trade was a 10.35 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Craig V. Richardson sold 6,495 shares of the firm’s stock in a transaction that occurred 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 sale, the executive vice president now directly owns 26,319 shares of the company’s stock, valued at $6,632,388. This represents a 19.79 % decrease in their position. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by company insiders.
Union Pacific Trading Down 0.1 %
UNP opened at $245.12 on Friday. 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 fifty-two week low of $218.55 and a fifty-two week high of $258.07. The company’s 50 day moving average price is $239.05 and its two-hundred day moving average price is $240.86. The firm has a market capitalization of $148.12 billion, a price-to-earnings ratio of 22.10, a PEG ratio of 2.15 and a beta of 1.06.
Union Pacific (NYSE:UNP – Get Free Report) last issued 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 period in the previous year, the business earned $2.71 EPS. As a group, research analysts predict that Union Pacific Co. will post 11.99 earnings per share for the current year.
Union Pacific Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be given a dividend of $1.34 per share. The ex-dividend date is Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.19%. 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.
Recommended Stories
- Five stocks we like better than Union Pacific
- Why Are Stock Sectors Important to Successful Investing?
- Volatility Is Back: 3 Stocks To Cushion the S&P 500’s Swings
- 3 Ways To Invest In Coffee, Other Than Drinking It
- 2 Catalysts That Could Push NVIDIA Stock Up 30% This Year
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- Do GM Stock Buybacks Make the Stock Buyable For Investors?
Want to see what other hedge funds are holding UNP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Union Pacific Co. (NYSE:UNP – Free Report).
Receive News & Ratings for Union Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific and related companies with MarketBeat.com's FREE daily email newsletter.