Entropy Technologies LP lessened its stake in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 52.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 6,888 shares of the railroad operator’s stock after selling 7,471 shares during the quarter. Entropy Technologies LP’s holdings in Union Pacific were worth $1,571,000 at the end of the most recent quarter.
Other hedge funds have also made changes to their positions in the company. World Investment Advisors LLC lifted its position in shares of Union Pacific by 103.1% in the third quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock worth $8,770,000 after purchasing an additional 18,060 shares in the last quarter. abrdn plc grew its stake in Union Pacific by 9.3% in the 4th 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 last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of 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 increased its position in Union Pacific by 24.2% in the 4th quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator’s stock worth $63,185,000 after buying an additional 53,946 shares during the period. Finally, Pensionfund Sabic increased its position in Union Pacific by 61.5% during the fourth quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator’s stock worth $2,394,000 after acquiring an additional 4,000 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.
Insider Activity at Union Pacific
In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of the company’s stock in a transaction 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 transaction, the executive vice president now directly owns 26,319 shares in the company, valued at $6,632,388. The trade was a 19.79 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 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 owns 64,960 shares of the company’s stock, valued at $16,240,000. This trade represents 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 owned by company insiders.
Analysts Set New Price Targets
Get Our Latest Stock Report on Union Pacific
Union Pacific Stock Performance
Shares of UNP opened at $242.12 on Monday. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.66. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.63 and a current ratio of 0.77. The firm’s 50 day moving average price is $235.14 and its two-hundred day moving average price is $240.17. The firm has a market cap of $146.79 billion, a P/E ratio of 21.83, a PEG ratio of 2.11 and a beta of 1.06.
Union Pacific (NYSE:UNP – Get Free Report) last released its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, beating 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 in the previous year, the business posted $2.71 EPS. On average, analysts forecast that Union Pacific Co. will post 12.01 EPS for the current fiscal year.
Union Pacific Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be given 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 2.21%. Union Pacific’s dividend payout ratio (DPR) is presently 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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