Parallel Advisors LLC Decreases Position in Union Pacific Co. (NYSE:UNP)

Parallel Advisors LLC trimmed its holdings in shares of Union Pacific Co. (NYSE:UNP) by 2.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 7,024 shares of the railroad operator’s stock after selling 141 shares during the period. Parallel Advisors LLC’s holdings in Union Pacific were worth $1,602,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Compass Financial Services Inc purchased a new stake in Union Pacific during the 4th quarter valued at about $25,000. Synergy Asset Management LLC purchased a new stake in shares of Union Pacific during the fourth quarter valued at approximately $29,000. Dunhill Financial LLC grew its holdings in shares of Union Pacific by 111.5% in the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 68 shares during the last quarter. PrairieView Partners LLC purchased a new position in shares of Union Pacific in the fourth quarter worth $34,000. Finally, Kentucky Trust Co bought a new stake in Union Pacific during the 4th quarter valued at $40,000. 80.38% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have issued reports on UNP shares. Wells Fargo & Company cut their price target 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. Robert W. Baird upped their price target on Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Loop Capital cut Union Pacific from a “hold” rating to a “sell” rating and dropped their price objective for the stock from $265.00 to $200.00 in a report on Monday, February 3rd. Citigroup boosted their target price on Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research note on Friday, January 24th. Finally, TD Cowen raised their price target on Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $263.00.

Insider Activity at Union Pacific

In other news, President Elizabeth F. Whited sold 7,500 shares of the firm’s stock in a transaction dated Friday, January 24th. The shares were sold at an average price of $250.00, for a total transaction of $1,875,000.00. Following the sale, the president now owns 64,960 shares of the company’s stock, valued at $16,240,000. This trade represents a 10.35 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Craig V. Richardson sold 6,495 shares of Union Pacific stock in a transaction that occurred on Monday, January 27th. The stock was 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 represents 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 insiders.

Union Pacific Stock Down 0.4 %

NYSE: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. The firm has a market cap of $143.12 billion, a P/E ratio of 21.36, a P/E/G ratio of 2.15 and a beta of 1.05. Union Pacific Co. has a fifty-two week low of $218.55 and a fifty-two week high of $258.07. The firm has a 50-day simple moving average of $242.35 and a two-hundred day simple moving average of $240.38.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, beating 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 in the prior year, the company earned $2.71 earnings per share. Analysts predict 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. Stockholders 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 dividend yield of 2.26%. The ex-dividend date is Friday, February 28th. Union Pacific’s payout ratio is currently 48.33%.

Union Pacific 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.