Advisor OS LLC lifted its stake in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 10.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 3,134 shares of the railroad operator’s stock after acquiring an additional 298 shares during the quarter. Advisor OS LLC’s holdings in Union Pacific were worth $715,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in UNP. Howard Capital Management Group LLC lifted its position in Union Pacific by 16.4% in the 3rd quarter. Howard Capital Management Group LLC now owns 2,860 shares of the railroad operator’s stock worth $705,000 after buying an additional 403 shares during the last quarter. Hunter Associates Investment Management LLC raised its stake in shares of Union Pacific by 3.4% during the third quarter. Hunter Associates Investment Management LLC now owns 3,040 shares of the railroad operator’s stock worth $751,000 after acquiring an additional 100 shares in the last quarter. Pallas Capital Advisors LLC lifted its holdings in shares of Union Pacific by 25.2% in the 3rd quarter. Pallas Capital Advisors LLC now owns 2,050 shares of the railroad operator’s stock worth $473,000 after acquiring an additional 413 shares during the last quarter. abrdn plc boosted its stake in shares of Union Pacific by 21.8% in the 3rd quarter. abrdn plc now owns 380,460 shares of the railroad operator’s stock valued at $93,182,000 after purchasing an additional 68,035 shares in the last quarter. Finally, Gateway Wealth Partners LLC bought a new position in shares of Union Pacific during the 3rd quarter valued at $216,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several analysts have weighed in on the stock. Loop Capital downgraded shares of Union Pacific from a “hold” rating to a “sell” rating and lowered their price target for the stock from $265.00 to $200.00 in a research note on Monday, February 3rd. Stifel Nicolaus lifted their price objective on Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Wells Fargo & Company dropped their target price on Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Raymond James reaffirmed a “strong-buy” rating and issued a $285.00 price target (up from $265.00) on shares of Union Pacific in a research note on Friday, January 24th. Finally, Benchmark boosted their price objective on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus price target of $261.40.
Insider Activity
In other Union Pacific news, President Elizabeth F. Whited sold 7,500 shares of Union Pacific 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 completion of the transaction, the president now owns 64,960 shares in the company, valued at approximately $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 can be accessed through this hyperlink. Also, EVP Craig V. Richardson sold 6,495 shares of the stock in a transaction 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 completion of the sale, 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 ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.28% of the company’s stock.
Union Pacific Price Performance
UNP stock opened at $245.39 on Thursday. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.07. The firm has a 50-day moving average of $238.61 and a 200 day moving average of $240.83. The company has a market cap of $148.29 billion, a P/E ratio of 22.13, a PEG ratio of 2.15 and a beta of 1.06.
Union Pacific (NYSE:UNP – Get Free Report) last announced its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (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 period last year, the company posted $2.71 earnings per share. On average, sell-side analysts forecast that Union Pacific Co. will post 11.99 EPS for the current year.
Union Pacific Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be given a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a yield of 2.18%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific’s dividend payout ratio is currently 48.33%.
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.
Recommended Stories
- Five stocks we like better than Union Pacific
- Canadian Penny Stocks: Can They Make You Rich?
- Buffett’s on the Sidelines – Should You Follow?
- How to trade penny stocks: A step-by-step guide
- AST SpaceMobile Stock Surges 17% After Analyst Upgrade
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- 3 Stocks With Triple-Digit PEs That Are Still Worth a Look
Want to see what other hedge funds are holding UNP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Union Pacific Co. (NYSE:UNP – Free Report).
Receive News & Ratings for Union Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific and related companies with MarketBeat.com's FREE daily email newsletter.