Midwest Capital Advisors LLC acquired a new position in shares of Union Pacific Co. (NYSE:UNP – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 237 shares of the railroad operator’s stock, valued at approximately $54,000.
Several other institutional investors and hedge funds have also recently bought and sold shares of the business. State Street Corp raised its stake in Union Pacific by 0.9% during the third quarter. State Street Corp now owns 24,788,337 shares of the railroad operator’s stock worth $6,109,829,000 after acquiring an additional 217,780 shares during the period. Geode Capital Management LLC grew its position in Union Pacific by 1.4% in the 3rd quarter. Geode Capital Management LLC now owns 12,813,686 shares of the railroad operator’s stock worth $3,146,451,000 after purchasing an additional 182,620 shares during the last quarter. Franklin Resources Inc. grew its position in Union Pacific by 9.3% in the 3rd quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator’s stock worth $1,795,993,000 after purchasing an additional 625,492 shares during the last quarter. Fisher Asset Management LLC grew its position in Union Pacific by 2.3% in the 3rd quarter. Fisher Asset Management LLC now owns 6,285,585 shares of the railroad operator’s stock worth $1,549,271,000 after purchasing an additional 143,896 shares during the last quarter. Finally, FMR LLC grew its position in Union Pacific by 0.6% in the 3rd quarter. FMR LLC now owns 5,020,107 shares of the railroad operator’s stock worth $1,237,356,000 after purchasing an additional 31,899 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.
Insiders Place Their Bets
In other Union Pacific news, President Elizabeth F. Whited sold 7,500 shares of the stock in a transaction that occurred 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 $16,240,000. This represents a 10.35 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available 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 transaction of $1,636,740.00. Following the transaction, the executive vice president now owns 26,319 shares in the company, valued at approximately $6,632,388. This trade represents a 19.79 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.28% of the company’s stock.
Analyst Upgrades and Downgrades
View Our Latest Stock Analysis on UNP
Union Pacific Stock Down 0.9 %
Shares of NYSE:UNP opened at $245.43 on Monday. 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 company has a market cap of $148.31 billion, a PE ratio of 22.13, a price-to-earnings-growth ratio of 2.15 and a beta of 1.06. Union Pacific Co. has a 52 week low of $218.55 and a 52 week high of $258.66. The firm has a 50 day simple moving average of $237.68 and a 200 day simple moving average of $240.73.
Union Pacific (NYSE:UNP – Get Free Report) last released its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 period in the prior year, the business posted $2.71 earnings per share. As a group, research analysts expect that Union Pacific Co. will post 11.99 earnings per share for the current year.
Union Pacific Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be given a $1.34 dividend. The ex-dividend date is Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a yield of 2.18%. Union Pacific’s payout ratio is 48.33%.
Union Pacific Company 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.
Recommended Stories
- Five stocks we like better than Union Pacific
- What Does a Stock Split Mean?
- Why Genuine Parts Company Is a Royally Good Buy Right Now
- What Are Dividend Contenders? Investing in Dividend Contenders
- Industrials Are Quietly Outpacing the Market: 3 Stocks to Watch
- What to Know About Investing in Penny Stocks
- These 5 Energy Stocks Hedge Inflation With Growth Potential
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.