Schechter Investment Advisors LLC trimmed its position in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 9.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,033 shares of the railroad operator’s stock after selling 517 shares during the period. Schechter Investment Advisors LLC’s holdings in Union Pacific were worth $1,148,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. Compass Financial Services Inc acquired a new stake in Union Pacific during the fourth quarter worth about $25,000. Synergy Asset Management LLC acquired a new stake in Union Pacific during the fourth quarter worth about $29,000. Catalyst Capital Advisors LLC acquired a new stake in Union Pacific during the third quarter worth about $30,000. Peterson Financial Group Inc. acquired a new stake in Union Pacific during the third quarter worth about $32,000. Finally, Dunhill Financial LLC grew its stake in Union Pacific by 111.5% during the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after buying an additional 68 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of research firms have recently commented on UNP. Raymond James reissued a “strong-buy” rating and issued a $285.00 target price (up previously from $265.00) on shares of Union Pacific in a report on Friday, January 24th. BMO Capital Markets increased their target price on shares of Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. Barclays increased their target price on shares of Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a report on Wednesday, November 13th. Loop Capital cut shares of Union Pacific from a “hold” rating to a “sell” rating and dropped their target price for the stock from $265.00 to $200.00 in a report on Monday, February 3rd. Finally, Wells Fargo & Company dropped their target price on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. One investment 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’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $261.40.
Insiders Place Their Bets
In other news, EVP Craig V. Richardson sold 6,495 shares of the firm’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 transaction of $1,636,740.00. Following the completion of the sale, the executive vice president now owns 26,319 shares of the company’s stock, valued at $6,632,388. This trade represents a 19.79 % decrease in their position. The sale 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 firm’s 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 sale, the president now directly owns 64,960 shares of the company’s stock, valued at approximately $16,240,000. This trade represents a 10.35 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.28% of the company’s stock.
Union Pacific Stock Down 0.5 %
Shares of NYSE UNP opened at $245.50 on Tuesday. 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 company has a 50 day simple moving average of $239.83 and a 200 day simple moving average of $240.97. The firm has a market cap of $148.35 billion, a PE ratio of 22.14, a price-to-earnings-growth ratio of 2.15 and a beta of 1.06.
Union Pacific (NYSE:UNP – Get Free Report) last released its quarterly 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 net margin of 27.82% and a return on equity of 41.12%. During the same quarter last year, the business posted $2.71 earnings per share. On average, research analysts forecast that Union Pacific Co. will post 11.99 EPS for the current year.
Union Pacific Dividend Announcement
The company 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. The ex-dividend date is Friday, February 28th. This represents a $5.36 annualized dividend and a yield of 2.18%. Union Pacific’s payout ratio is 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.
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