Burke & Herbert Bank & Trust Co. Sells 75 Shares of Union Pacific Co. (NYSE:UNP)

Burke & Herbert Bank & Trust Co. lessened its holdings in Union Pacific Co. (NYSE:UNP) by 2.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,618 shares of the railroad operator’s stock after selling 75 shares during the quarter. Burke & Herbert Bank & Trust Co.’s holdings in Union Pacific were worth $597,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Exchange Traded Concepts LLC raised its stake in Union Pacific by 1,306.3% in the third quarter. Exchange Traded Concepts LLC now owns 450 shares of the railroad operator’s stock valued at $111,000 after purchasing an additional 418 shares in the last quarter. Creative Planning raised its stake in Union Pacific by 6.7% in the third quarter. Creative Planning now owns 258,290 shares of the railroad operator’s stock valued at $62,439,000 after purchasing an additional 16,272 shares in the last quarter. Howard Capital Management Group LLC raised its stake in Union Pacific by 16.4% in the third quarter. Howard Capital Management Group LLC now owns 2,860 shares of the railroad operator’s stock valued at $705,000 after purchasing an additional 403 shares in the last quarter. Claro Advisors LLC raised its stake in Union Pacific by 87.1% in the third quarter. Claro Advisors LLC now owns 2,161 shares of the railroad operator’s stock valued at $533,000 after purchasing an additional 1,006 shares in the last quarter. Finally, Net Worth Advisory Group acquired a new position in Union Pacific in the third quarter valued at about $657,000. Institutional investors own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on UNP shares. Royal Bank of Canada dropped their price target on Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. Barclays boosted their price target on Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a research note on Wednesday, November 13th. Benchmark boosted their target price on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Robert W. Baird boosted their target price on Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. Finally, Susquehanna lowered their target price 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. One analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Union Pacific has a consensus rating of “Moderate Buy” and an average price target of $261.40.

Insider Activity at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 7,500 shares of the stock in a transaction that occurred 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 in the company, valued at approximately $16,240,000. This represents a 10.35 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Craig V. Richardson sold 6,495 shares of the stock in a transaction that occurred on Monday, January 27th. The stock was 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 owns 26,319 shares in the company, 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 company insiders.

Union Pacific Stock Performance

NYSE:UNP opened at $249.27 on Monday. The stock’s 50-day moving average is $236.34 and its 200-day moving average is $240.41. Union Pacific Co. has a 1-year low of $218.55 and a 1-year high of $258.66. The stock has a market cap of $151.12 billion, a P/E ratio of 22.48, a price-to-earnings-growth ratio of 2.11 and a beta of 1.06. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.76.

Union Pacific (NYSE:UNP) last announced its 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 return on equity of 41.12% and a net margin of 27.82%. During the same period in the previous year, the firm earned $2.71 EPS. Equities research analysts anticipate that Union Pacific Co. will post 12.01 earnings per share for the current year.

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be issued a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.15%. The ex-dividend date is Friday, February 28th. Union Pacific’s payout ratio is presently 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.