Rothschild Investment LLC decreased its stake in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 1.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 39,377 shares of the railroad operator’s stock after selling 743 shares during the quarter. Rothschild Investment LLC’s holdings in Union Pacific were worth $8,980,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in the stock. Holistic Financial Partners lifted its position in Union Pacific by 7.1% during the fourth quarter. Holistic Financial Partners now owns 1,698 shares of the railroad operator’s stock worth $387,000 after buying an additional 113 shares in the last quarter. Crestwood Advisors Group LLC increased its stake in Union Pacific by 41.3% during the fourth quarter. Crestwood Advisors Group LLC now owns 7,389 shares of the railroad operator’s stock worth $1,685,000 after acquiring an additional 2,159 shares during the last quarter. IFP Advisors Inc increased its stake in Union Pacific by 17.4% during the fourth quarter. IFP Advisors Inc now owns 14,360 shares of the railroad operator’s stock worth $3,275,000 after acquiring an additional 2,126 shares during the last quarter. J. W. Coons Advisors LLC increased its stake in Union Pacific by 8.9% during the fourth quarter. J. W. Coons Advisors LLC now owns 4,288 shares of the railroad operator’s stock worth $978,000 after acquiring an additional 350 shares during the last quarter. Finally, Genesis Wealth Advisors LLC acquired a new stake in Union Pacific during the fourth quarter worth $206,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.
Insiders Place Their Bets
In other news, EVP Craig V. Richardson sold 6,495 shares of the business’s stock in a transaction dated 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 completion of the sale, the executive vice president now directly owns 26,319 shares of the company’s stock, valued at approximately $6,632,388. The trade was a 19.79 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, President Elizabeth F. Whited sold 7,500 shares of the business’s stock in a transaction dated 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 sale, the president now directly 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 disclosure for this sale can be found here. 0.28% of the stock is owned by company insiders.
Union Pacific Stock Down 0.9 %
Union Pacific (NYSE:UNP – Get Free Report) last announced its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 quarter in the prior year, the business posted $2.71 earnings per share. On average, analysts forecast that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.
Union Pacific Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be issued a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a yield of 2.18%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific’s dividend payout ratio (DPR) is 48.33%.
Analyst Ratings Changes
UNP has been the subject of several recent analyst reports. Citigroup raised their target price on Union Pacific from $254.00 to $260.00 and gave the stock a “neutral” rating in a research note on Friday, January 24th. Guggenheim raised 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. Loop Capital cut Union Pacific from a “hold” rating to a “sell” rating and cut their target price for the stock from $265.00 to $200.00 in a research note on Monday, February 3rd. Wells Fargo & Company cut their target price on Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a research note on Tuesday, January 7th. Finally, Benchmark lifted their price objective 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 analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Union Pacific presently has a consensus rating of “Moderate Buy” and an average price target of $261.40.
Read Our Latest Stock Report on Union Pacific
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.
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