Ironwood Investment Counsel LLC raised its position in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 1.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,458 shares of the railroad operator’s stock after purchasing an additional 46 shares during the quarter. Ironwood Investment Counsel LLC’s holdings in Union Pacific were worth $789,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. Compass Financial Services Inc purchased a new position in Union Pacific during the fourth quarter worth approximately $25,000. Synergy Asset Management LLC purchased a new stake in shares of Union Pacific in the fourth quarter valued at approximately $29,000. Peterson Financial Group Inc. purchased a new stake in shares of Union Pacific during the 3rd quarter valued at approximately $32,000. Dunhill Financial LLC grew its holdings in shares of Union Pacific by 111.5% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 68 shares during the period. Finally, PrairieView Partners LLC purchased a new position in shares of Union Pacific during the 4th quarter worth approximately $34,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several research firms recently commented on UNP. Robert W. Baird boosted their target price on Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. Guggenheim increased their price target on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, January 24th. TD Cowen boosted their target price on Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Wells Fargo & Company reduced their price objective on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 7th. Finally, Benchmark boosted their price objective 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. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $263.00.
Union Pacific Stock Performance
Shares of UNP stock opened at $234.36 on Friday. 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 stock has a market capitalization of $141.62 billion, a PE ratio of 21.13, a PEG ratio of 2.15 and a beta of 1.05. The business’s 50 day simple moving average is $241.93 and its 200 day simple moving average is $240.85. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.07.
Union Pacific (NYSE:UNP – Get Free Report) last announced its earnings results 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 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 EPS. As a group, research analysts forecast that Union Pacific Co. will post 11.99 earnings per share for the current year.
Union Pacific Dividend Announcement
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 issued a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a yield of 2.29%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific’s dividend payout ratio (DPR) is presently 48.33%.
Insider Transactions at Union Pacific
In related news, President Elizabeth F. Whited sold 7,500 shares of the business’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 sale, the president now owns 64,960 shares of the company’s stock, valued at $16,240,000. The trade was a 10.35 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Craig V. Richardson sold 6,495 shares of the company’s stock in a transaction dated 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 completion of the transaction, the executive vice president now owns 26,319 shares in the company, valued at approximately $6,632,388. The trade was a 19.79 % decrease in their position. The disclosure for this sale can be found here. 0.26% of the stock is owned by 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.
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