Stokes Family Office LLC Trims Holdings in Union Pacific Co. (NYSE:UNP)

Stokes Family Office LLC decreased its position in Union Pacific Co. (NYSE:UNP) by 1.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,946 shares of the railroad operator’s stock after selling 103 shares during the period. Stokes Family Office LLC’s holdings in Union Pacific were worth $1,584,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. World Investment Advisors LLC boosted its position in shares of Union Pacific by 103.1% during the 3rd quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock valued at $8,770,000 after acquiring an additional 18,060 shares during the last quarter. abrdn plc increased its stake in shares of Union Pacific by 9.3% during the fourth quarter. abrdn plc now owns 415,874 shares of the railroad operator’s stock valued at $94,588,000 after buying an additional 35,414 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in Union Pacific by 2.8% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator’s stock valued at $44,348,000 after purchasing an additional 4,939 shares during the last quarter. Border to Coast Pensions Partnership Ltd grew its stake in Union Pacific by 24.2% in the fourth quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator’s stock valued at $63,185,000 after purchasing an additional 53,946 shares during the last quarter. Finally, Pensionfund Sabic grew its stake in Union Pacific by 61.5% in the fourth quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator’s stock valued at $2,394,000 after purchasing an additional 4,000 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of UNP opened at $236.84 on Wednesday. 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 Co. has a 1 year low of $218.55 and a 1 year high of $258.07. The stock has a market capitalization of $143.12 billion, a PE ratio of 21.36, a PEG ratio of 2.15 and a beta of 1.05. The stock has a 50-day simple moving average of $242.35 and a 200-day simple moving average of $240.38.

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

Union Pacific Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be issued a $1.34 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.26%. Union Pacific’s dividend payout ratio (DPR) is 48.33%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on UNP. Wells Fargo & Company cut their price objective on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a report on Tuesday, January 7th. Stifel Nicolaus upped their price objective on Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. BMO Capital Markets upped their price objective on Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Loop Capital lowered Union Pacific from a “hold” rating to a “sell” rating and lowered their price objective for the stock from $265.00 to $200.00 in a research report on Monday, February 3rd. Finally, Citigroup upped their price objective on Union Pacific from $254.00 to $260.00 and gave the stock a “neutral” 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 given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Union Pacific currently has a consensus rating of “Moderate Buy” and an average target price of $263.00.

Insider Activity at Union Pacific

In related news, President Elizabeth F. Whited sold 7,500 shares of the 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 transaction, the president now owns 64,960 shares of the company’s stock, valued at approximately $16,240,000. This represents a 10.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Craig V. Richardson sold 6,495 shares of the company’s stock in a transaction that occurred 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 sale, 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 position. The disclosure for this sale can be found here. Insiders own 0.28% of the company’s stock.

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.