Union Pacific Co. (NYSE:UNP) Shares Acquired by Everett Harris & Co. CA

Everett Harris & Co. CA increased its position in shares of Union Pacific Co. (NYSE:UNP) by 21.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 64,472 shares of the railroad operator’s stock after purchasing an additional 11,371 shares during the quarter. Everett Harris & Co. CA’s holdings in Union Pacific were worth $14,702,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Factory Mutual Insurance Co. boosted its holdings in shares of Union Pacific by 25.2% in the 4th quarter. Factory Mutual Insurance Co. now owns 235,150 shares of the railroad operator’s stock valued at $53,624,000 after acquiring an additional 47,300 shares during the last quarter. Heck Capital Advisors LLC purchased a new position in shares of Union Pacific during the 4th quarter valued at about $2,910,000. Austin Private Wealth LLC lifted its holdings in shares of Union Pacific by 41.8% in the 4th quarter. Austin Private Wealth LLC now owns 1,834 shares of the railroad operator’s stock valued at $418,000 after buying an additional 541 shares during the period. Caprock Group LLC boosted its stake in shares of Union Pacific by 9.6% in the fourth quarter. Caprock Group LLC now owns 14,148 shares of the railroad operator’s stock worth $3,226,000 after buying an additional 1,242 shares during the last quarter. Finally, Country Trust Bank raised its position in Union Pacific by 257.9% during the fourth quarter. Country Trust Bank now owns 859 shares of the railroad operator’s stock valued at $196,000 after acquiring an additional 619 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

Union Pacific stock opened at $247.85 on Friday. The firm has a 50 day simple moving average of $235.31 and a 200-day simple moving average of $240.08. The stock has a market cap of $150.26 billion, a price-to-earnings ratio of 22.35, a price-to-earnings-growth ratio of 2.16 and a beta of 1.06. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.63. Union Pacific Co. has a 1-year low of $218.55 and a 1-year high of $258.66.

Union Pacific (NYSE:UNP) last posted 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 quarter in the previous year, the business earned $2.71 earnings per share. On average, analysts expect that Union Pacific Co. will post 12.03 EPS for the current year.

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were given a $1.34 dividend. The ex-dividend date was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a yield of 2.16%. Union Pacific’s payout ratio is currently 48.33%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Barclays raised their price objective on shares of Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 13th. Benchmark increased their target price on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. TD Cowen raised their target price on Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Susquehanna lowered their price target on Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Finally, Robert W. Baird boosted their price objective on Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Eight analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $263.30.

Insiders Place Their Bets

In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of the 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 sale, the executive vice president now directly owns 26,319 shares in the company, valued at $6,632,388. This represents a 19.79 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, President Elizabeth F. Whited sold 7,500 shares of the stock in a transaction on 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 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 disclosure for this sale can be found here. 0.28% of the stock is currently owned by insiders.

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.