Jag Capital Management LLC Acquires 208 Shares of Union Pacific Co. (NYSE:UNP)

Jag Capital Management LLC boosted its holdings in shares of Union Pacific Co. (NYSE:UNP) by 1.6% during the 4th quarter, HoldingsChannel.com reports. The fund owned 13,570 shares of the railroad operator’s stock after purchasing an additional 208 shares during the period. Jag Capital Management LLC’s holdings in Union Pacific were worth $3,095,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Roble Belko & Company Inc lifted its holdings in Union Pacific by 26.8% during the fourth quarter. Roble Belko & Company Inc now owns 213 shares of the railroad operator’s stock worth $49,000 after acquiring an additional 45 shares in the last quarter. Pflug Koory LLC raised its stake in shares of Union Pacific by 0.5% in the 4th quarter. Pflug Koory LLC now owns 8,569 shares of the railroad operator’s stock valued at $1,954,000 after purchasing an additional 45 shares during the period. Baron Wealth Management LLC raised its stake in shares of Union Pacific by 3.3% in 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. Regatta Capital Group LLC raised its stake in shares of Union Pacific by 2.8% in 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 period. Finally, Dakota Community Bank & Trust NA raised its stake in shares of Union Pacific by 2.8% in the 4th quarter. Dakota Community Bank & Trust NA now owns 1,786 shares of the railroad operator’s stock valued at $407,000 after purchasing an additional 49 shares during the period. 80.38% of the stock is currently owned by institutional investors.

Insider Activity at Union Pacific

In related news, President Elizabeth F. Whited sold 7,500 shares of the business’s stock in a transaction that occurred on 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 completion of the sale, the president now directly owns 64,960 shares in the company, valued at approximately $16,240,000. The trade was a 10.35 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Craig V. Richardson sold 6,495 shares of the business’s stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $252.00, for a total transaction of $1,636,740.00. Following 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 ownership of the stock. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on UNP shares. Robert W. Baird lifted their price target on Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Guggenheim lifted their price target on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, January 24th. BMO Capital Markets lifted their target price on Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Raymond James reaffirmed 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. Finally, TD Cowen lifted their target price on Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a research report on Friday, January 24th. One analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and a consensus target price of $261.40.

Union Pacific Trading Down 0.5 %

Shares of NYSE:UNP opened at $245.50 on Tuesday. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.07. The stock has a market cap of $148.35 billion, a PE ratio of 22.14, a P/E/G ratio of 2.15 and a beta of 1.06. The business has a 50 day moving average of $239.83 and a 200-day moving average of $240.97. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 quarter in the previous year, the firm earned $2.71 earnings per share. As a group, equities research analysts forecast that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The business 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 $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.18%. The ex-dividend date is Friday, February 28th. Union Pacific’s dividend payout ratio (DPR) is currently 48.33%.

Union Pacific Company 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.