Bryn Mawr Capital Management LLC trimmed its holdings in Union Pacific Co. (NYSE:UNP – Free Report) by 22.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,553 shares of the railroad operator’s stock after selling 5,044 shares during the quarter. Bryn Mawr Capital Management LLC’s holdings in Union Pacific were worth $4,003,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds have also added to or reduced their stakes in the stock. Howard Capital Management Group LLC grew its stake in shares of Union Pacific by 16.4% during the 3rd quarter. Howard Capital Management Group LLC now owns 2,860 shares of the railroad operator’s stock valued at $705,000 after purchasing an additional 403 shares during the period. Arkadios Wealth Advisors increased its stake in shares of Union Pacific by 51.7% during the third quarter. Arkadios Wealth Advisors now owns 3,636 shares of the railroad operator’s stock valued at $896,000 after buying an additional 1,239 shares during the period. Semanteon Capital Management LP purchased a new stake in Union Pacific during the third quarter worth $409,000. Patriot Financial Group Insurance Agency LLC grew its stake in Union Pacific by 13.8% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 3,287 shares of the railroad operator’s stock valued at $810,000 after purchasing an additional 399 shares during the last quarter. Finally, Orrstown Financial Services Inc. lifted its position in Union Pacific by 43.0% during the third quarter. Orrstown Financial Services Inc. now owns 5,008 shares of the railroad operator’s stock valued at $1,234,000 after acquiring an additional 1,507 shares during the last quarter. 80.38% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Several research firms recently issued reports on UNP. Loop Capital downgraded Union Pacific from a “hold” rating to a “sell” rating and cut their target price for the company from $265.00 to $200.00 in a research report on Monday, February 3rd. Benchmark increased their price objective on shares of Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a report on Friday, January 24th. Citigroup increased their target price on shares of Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research report on Friday, January 24th. Guggenheim upped their price objective on shares of Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a report on Friday, January 24th. Finally, Barclays raised their price objective on Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 13th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $261.40.
Union Pacific Stock Performance
Shares of NYSE:UNP opened at $245.83 on Wednesday. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. The firm has a market capitalization of $148.55 billion, a PE ratio of 22.17, a P/E/G ratio of 2.15 and a beta of 1.06. The business has a 50-day moving average of $238.19 and a two-hundred day moving average of $240.80. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.66.
Union Pacific (NYSE:UNP – Get Free Report) last issued its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) 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 period in the prior year, the business earned $2.71 earnings per share. As a group, research analysts forecast that Union Pacific Co. will post 11.99 earnings per share for the current year.
Union Pacific Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be paid a dividend of $1.34 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a yield of 2.18%. Union Pacific’s dividend payout ratio (DPR) is 48.33%.
Insiders Place Their Bets
In related 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 directly owns 26,319 shares in the company, valued at approximately $6,632,388. This trade represents a 19.79 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, President Elizabeth F. Whited sold 7,500 shares of the business’s stock in a transaction on Friday, January 24th. The stock was sold at an average price of $250.00, for a total value of $1,875,000.00. Following the sale, the president now directly owns 64,960 shares in the company, 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.
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 Are Some of the Best Large-Cap Stocks to Buy?
- Massive Buybacks: 3 Stocks Returning Big Cash to Shareholders
- How to Read Stock Charts for Beginners
- Nebius Slides Post-Earnings: A Long-Term Buy Opportunity?
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- NVIDIA Stock: A Market Barometer in Tech’s Turbulent Times
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.