Atria Investments Inc Reduces Stock Position in Union Pacific Co. (NYSE:UNP)

Atria Investments Inc decreased its position in shares of Union Pacific Co. (NYSE:UNP) by 3.0% during the fourth quarter, Holdings Channel reports. The fund owned 62,625 shares of the railroad operator’s stock after selling 1,913 shares during the period. Atria Investments Inc’s holdings in Union Pacific were worth $14,281,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Roble Belko & Company Inc increased its holdings in shares of Union Pacific by 26.8% in the 4th quarter. Roble Belko & Company Inc now owns 213 shares of the railroad operator’s stock worth $49,000 after purchasing an additional 45 shares in the last quarter. Pflug Koory LLC boosted its stake in Union Pacific by 0.5% in the 4th quarter. Pflug Koory LLC now owns 8,569 shares of the railroad operator’s stock worth $1,954,000 after purchasing an additional 45 shares during the period. Baron Wealth Management LLC increased its holdings in shares of Union Pacific by 3.3% in the fourth quarter. Baron Wealth Management LLC now owns 1,409 shares of the railroad operator’s stock worth $321,000 after purchasing an additional 45 shares during the last quarter. Regatta Capital Group LLC lifted its position in Union Pacific by 2.8% during the fourth quarter. Regatta Capital Group LLC now owns 1,672 shares of the railroad operator’s stock valued at $381,000 after purchasing an additional 46 shares during the last quarter. Finally, Dakota Community Bank & Trust NA boosted its holdings in shares of Union Pacific by 2.8% in the 4th quarter. Dakota Community Bank & Trust NA now owns 1,786 shares of the railroad operator’s stock worth $407,000 after purchasing an additional 49 shares during the period. Institutional investors own 80.38% of the company’s stock.

Insider Activity

In other news, EVP Craig V. Richardson sold 6,495 shares of the business’s stock in a transaction dated 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 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 sale was disclosed in a legal filing with the SEC, which is available through this link. Also, 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 completion of the sale, the president now owns 64,960 shares of the company’s stock, valued at approximately $16,240,000. The trade was a 10.35 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.28% of the company’s stock.

Wall Street Analyst Weigh In

UNP has been the subject of a number of recent analyst reports. Robert W. Baird boosted their target price on shares of Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Wells Fargo & Company reduced their target price on Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a research note on Tuesday, January 7th. Stifel Nicolaus upped their target price on Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Barclays upped their price target on Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a report on Wednesday, November 13th. Finally, TD Cowen increased their target price on Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a report on Friday, January 24th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $261.40.

Union Pacific Stock Down 1.8 %

Shares of UNP opened at $241.43 on Wednesday. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.07. The company’s 50-day simple moving average is $240.06 and its 200-day simple moving average is $240.95. 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 stock has a market capitalization of $145.90 billion, a PE ratio of 21.77, a P/E/G ratio of 2.15 and a beta of 1.06.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, beating 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 last year, the business posted $2.71 EPS. Analysts forecast that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be given a $1.34 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.22%. Union Pacific’s dividend payout ratio (DPR) is presently 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.