Union Pacific Co. (NYSE:UNP) Shares Sold by Huntington National Bank

Huntington National Bank lowered its position in shares of Union Pacific Co. (NYSE:UNP) by 1.3% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 113,485 shares of the railroad operator’s stock after selling 1,477 shares during the period. Huntington National Bank’s holdings in Union Pacific were worth $25,879,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Compass Financial Services Inc acquired a new stake in shares of Union Pacific in the fourth quarter valued at approximately $25,000. Synergy Asset Management LLC acquired a new stake in Union Pacific in the 4th quarter valued at approximately $29,000. Dunhill Financial LLC raised its stake in Union Pacific by 111.5% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after acquiring an additional 68 shares in the last quarter. PrairieView Partners LLC acquired a new position in Union Pacific during the 4th quarter worth $34,000. Finally, Kentucky Trust Co acquired a new position in Union Pacific during the 4th quarter worth $40,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Insider Activity

In other Union Pacific 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 completion of the sale, the president now owns 64,960 shares of the company’s stock, valued at $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 Securities & Exchange Commission, which is available at this hyperlink. Also, 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 transaction, the executive vice president now directly owns 26,319 shares in the company, valued at approximately $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 owned by corporate insiders.

Union Pacific Price Performance

NYSE UNP opened at $237.11 on Wednesday. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. The firm has a market capitalization of $142.10 billion, a price-to-earnings ratio of 21.38, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05. The company has a 50 day simple moving average of $243.17 and a 200-day simple moving average of $239.24. Union Pacific Co. has a 52-week low of $218.55 and a 52-week high of $258.07.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company posted $2.71 earnings per share. Equities research analysts predict that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, February 28th were given a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.26%. The ex-dividend date of this dividend was Friday, February 28th. Union Pacific’s payout ratio is currently 48.33%.

Wall Street Analysts Forecast Growth

UNP has been the subject of several research analyst reports. Wells Fargo & Company reduced their price objective on shares of Union Pacific from $265.00 to $260.00 and set an “overweight” rating for the company in a report on Thursday, March 27th. Susquehanna lowered their price objective on shares of Union Pacific from $265.00 to $255.00 and set a “neutral” rating on the stock in a research note on Thursday, March 27th. Stifel Nicolaus upped their target price on Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Loop Capital downgraded Union Pacific from a “hold” rating to a “sell” rating and dropped their price objective for the stock from $265.00 to $200.00 in a research note on Monday, February 3rd. Finally, Benchmark raised their target price on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, January 24th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and an average price target of $262.76.

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.