Miramar Capital LLC Has $12.44 Million Holdings in Union Pacific Co. (NYSE:UNP)

Miramar Capital LLC lifted its stake in shares of Union Pacific Co. (NYSE:UNP) by 3.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 54,564 shares of the railroad operator’s stock after buying an additional 1,648 shares during the period. Union Pacific comprises approximately 3.0% of Miramar Capital LLC’s investment portfolio, making the stock its 15th biggest position. Miramar Capital LLC’s holdings in Union Pacific were worth $12,443,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the stock. Argentarii LLC acquired a new stake in Union Pacific in the fourth quarter valued at $1,005,000. OFI Invest Asset Management acquired a new stake in Union Pacific in the fourth quarter valued at $23,993,000. Amundi increased its holdings in Union Pacific by 6.3% in the fourth quarter. Amundi now owns 3,992,366 shares of the railroad operator’s stock valued at $925,510,000 after purchasing an additional 237,346 shares during the period. Naviter Wealth LLC increased its holdings in Union Pacific by 84.9% in the fourth quarter. Naviter Wealth LLC now owns 10,349 shares of the railroad operator’s stock valued at $2,360,000 after purchasing an additional 4,753 shares during the period. Finally, Rialto Wealth Management LLC acquired a new stake in Union Pacific in the fourth quarter valued at $127,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Price Performance

Shares of NYSE UNP opened at $249.84 on Friday. Union Pacific Co. has a fifty-two week low of $218.55 and a fifty-two week high of $258.07. The stock has a market cap of $150.98 billion, a price-to-earnings ratio of 22.53, a PEG ratio of 2.15 and a beta of 1.05. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. The firm’s 50-day simple moving average is $241.04 and its 200 day simple moving average is $240.98.

Union Pacific (NYSE:UNP) last announced 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 net margin of 27.82% and a return on equity of 41.12%. During the same period in the previous year, the business posted $2.71 EPS. As a group, research analysts anticipate that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

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 given a $1.34 dividend. The ex-dividend date is Friday, February 28th. This represents a $5.36 annualized dividend and a yield of 2.15%. Union Pacific’s payout ratio is 48.33%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on UNP shares. Wells Fargo & Company decreased their price objective on Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Citigroup upped their price target 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. Robert W. Baird upped their price target on shares of Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Barclays upped their price target 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. Finally, 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 research report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $263.00.

Insider Activity at Union Pacific

In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of the stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $252.00, for a total value of $1,636,740.00. Following the completion of the sale, the executive vice president now owns 26,319 shares in the company, valued at approximately $6,632,388. This trade represents a 19.79 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, 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 transaction of $1,875,000.00. Following the completion of the sale, 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 disclosure for this sale can be found here. 0.28% of the stock is owned by insiders.

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.