OVERSEA CHINESE BANKING Corp Ltd Lowers Position in Union Pacific Co. (NYSE:UNP)

OVERSEA CHINESE BANKING Corp Ltd lessened its stake in Union Pacific Co. (NYSE:UNP) by 24.0% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 981 shares of the railroad operator’s stock after selling 310 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd’s holdings in Union Pacific were worth $224,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Compass Financial Services Inc bought a new stake in Union Pacific in the fourth quarter worth $25,000. Synergy Asset Management LLC bought a new stake in Union Pacific in the fourth quarter worth $29,000. Dunhill Financial LLC increased its position in Union Pacific by 111.5% in the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 68 shares during the last quarter. PrairieView Partners LLC bought a new stake in Union Pacific in the fourth quarter worth $34,000. Finally, Kentucky Trust Co bought a new stake in Union Pacific in the fourth quarter worth $40,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Insider Activity at Union Pacific

In related news, President Elizabeth F. Whited sold 7,500 shares of the stock in a transaction that occurred on 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 directly owns 64,960 shares of the company’s stock, valued at $16,240,000. This trade represents a 10.35 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Craig V. Richardson sold 6,495 shares of the 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 completion of the transaction, the executive vice president now directly owns 26,319 shares of the company’s stock, 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 currently owned by insiders.

Union Pacific Stock Performance

UNP stock opened at $234.67 on Friday. The firm has a market cap of $141.81 billion, a price-to-earnings ratio of 21.16, a PEG ratio of 2.15 and a beta of 1.05. The firm has a 50-day simple moving average of $242.51 and a two-hundred day simple moving average of $240.31. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.07. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 EPS 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 quarter last year, the business earned $2.71 earnings per share. On average, equities analysts forecast that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently disclosed 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. This represents a $5.36 annualized dividend and a dividend yield of 2.28%. The ex-dividend date is Friday, February 28th. Union Pacific’s payout ratio is currently 48.33%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on UNP shares. Wells Fargo & Company reduced their price target on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 7th. 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. Raymond James reiterated a “strong-buy” rating and set a $285.00 price objective (up previously from $265.00) on shares of Union Pacific in a research report on Friday, January 24th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Union Pacific in a research report on Friday, March 7th. They set a “buy” rating and a $295.00 price objective on the stock. Finally, Stifel Nicolaus boosted their price objective on shares of Union Pacific from $253.00 to $270.00 and gave the company a “buy” rating in a research report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and an average price target of $263.00.

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.