Sonora Investment Management Group LLC lifted its holdings in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 1.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 68,298 shares of the railroad operator’s stock after buying an additional 980 shares during the period. Union Pacific makes up about 1.2% of Sonora Investment Management Group LLC’s investment portfolio, making the stock its 25th largest holding. Sonora Investment Management Group LLC’s holdings in Union Pacific were worth $15,575,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL acquired a new stake in Union Pacific in the second quarter worth about $28,000. Synergy Asset Management LLC bought a new stake in shares of Union Pacific during the 4th quarter worth about $29,000. Catalyst Capital Advisors LLC acquired a new stake in shares of Union Pacific in the 3rd quarter worth approximately $30,000. Jamison Private Wealth Management Inc. boosted its holdings in shares of Union Pacific by 265.7% in the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after acquiring an additional 93 shares in the last quarter. Finally, Peterson Financial Group Inc. acquired a new position in shares of Union Pacific during the third quarter valued at approximately $32,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity at Union Pacific
In related news, EVP Craig V. Richardson sold 6,495 shares of the firm’s stock in a transaction on 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 trade represents a 19.79 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, President Elizabeth F. Whited sold 7,500 shares of the business’s stock in a transaction on 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 transaction, the president now directly owns 64,960 shares of the company’s stock, valued at approximately $16,240,000. This 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 company insiders.
Union Pacific Stock Up 0.1 %
Union Pacific (NYSE:UNP – Get Free Report) last issued its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, topping 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 last year, the company posted $2.71 EPS. On average, equities analysts anticipate that Union Pacific Co. will post 12.03 earnings per share for the current fiscal year.
Union Pacific Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were issued a dividend of $1.34 per share. The ex-dividend date was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.15%. Union Pacific’s dividend payout ratio is currently 48.33%.
Wall Street Analyst Weigh In
A number of equities analysts have issued reports on the company. Susquehanna decreased their price target on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Guggenheim 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. Raymond James reiterated a “strong-buy” rating and issued a $285.00 price target (up from $265.00) on shares of Union Pacific in a research report on Friday, January 24th. Stifel Nicolaus raised 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. Finally, Citigroup boosted their target price on shares of Union Pacific from $254.00 to $260.00 and gave the stock a “neutral” rating in a report on Friday, January 24th. Eight investment analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $263.30.
View Our Latest Research Report on Union Pacific
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.
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