Pettyjohn Wood & White Inc. Has $2.11 Million Holdings in Union Pacific Co. (NYSE:UNP)

Pettyjohn Wood & White Inc. decreased its position in Union Pacific Co. (NYSE:UNP) by 1.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,254 shares of the railroad operator’s stock after selling 115 shares during the quarter. Pettyjohn Wood & White Inc.’s holdings in Union Pacific were worth $2,110,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. World Investment Advisors LLC grew its holdings in Union Pacific by 103.1% in the 3rd quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock valued at $8,770,000 after buying an additional 18,060 shares in the last quarter. abrdn plc increased 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 acquiring an additional 35,414 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in Union Pacific by 2.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator’s stock worth $44,348,000 after purchasing an additional 4,939 shares in the last quarter. Border to Coast Pensions Partnership Ltd boosted its holdings in Union Pacific by 24.2% in the 4th quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator’s stock valued at $63,185,000 after purchasing an additional 53,946 shares during the period. Finally, Pensionfund Sabic grew its position in shares of Union Pacific by 61.5% during the 4th quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator’s stock worth $2,394,000 after purchasing an additional 4,000 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of UNP stock opened at $245.12 on Friday. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.07. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76. 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. The business’s 50-day moving average price is $239.05 and its 200-day moving average price is $240.86.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, beating the consensus estimate of $2.76 by $0.15. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. During the same period in the previous year, the business earned $2.71 earnings per share. Equities research analysts forecast that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The company 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. This represents a $5.36 annualized dividend and a dividend yield of 2.19%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific’s dividend payout ratio (DPR) is presently 48.33%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Guggenheim lifted their price target on shares of Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating 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 report on Friday, January 24th. Barclays increased their target price on Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a report on Wednesday, November 13th. Raymond James reaffirmed a “strong-buy” rating and issued a $285.00 price target (up previously from $265.00) on shares of Union Pacific in a research note on Friday, January 24th. Finally, Citigroup upped their price objective on shares of Union Pacific from $254.00 to $260.00 and gave the stock a “neutral” rating in a research report on Friday, January 24th. One research 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 stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $261.40.

Insider Buying and Selling

In related news, President Elizabeth F. Whited sold 7,500 shares of the company’s stock in a transaction dated 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 sale, the president now owns 64,960 shares in the company, valued at $16,240,000. This represents a 10.35 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Craig V. Richardson sold 6,495 shares of the 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 transaction, the executive vice president now owns 26,319 shares in the company, valued at $6,632,388. The trade was a 19.79 % 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.

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.