Investment House LLC Grows Position in Union Pacific Co. (NYSE:UNP)

Investment House LLC lifted its holdings in shares of Union Pacific Co. (NYSE:UNP) by 0.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 55,217 shares of the railroad operator’s stock after buying an additional 485 shares during the period. Investment House LLC’s holdings in Union Pacific were worth $12,592,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Howard Capital Management Group LLC boosted its position in Union Pacific by 16.4% in the third quarter. Howard Capital Management Group LLC now owns 2,860 shares of the railroad operator’s stock worth $705,000 after purchasing an additional 403 shares during the last quarter. Claro Advisors LLC boosted its position in Union Pacific by 87.1% in the third quarter. Claro Advisors LLC now owns 2,161 shares of the railroad operator’s stock worth $533,000 after purchasing an additional 1,006 shares during the last quarter. New England Asset Management Inc. purchased a new position in Union Pacific in the third quarter worth about $4,387,000. Baron Wealth Management LLC boosted its position in Union Pacific by 4.6% in the third quarter. Baron Wealth Management LLC now owns 1,364 shares of the railroad operator’s stock worth $336,000 after purchasing an additional 60 shares during the last quarter. Finally, Lindenwold Advisors INC boosted its position in Union Pacific by 0.8% in the third quarter. Lindenwold Advisors INC now owns 12,853 shares of the railroad operator’s stock worth $3,168,000 after purchasing an additional 97 shares during the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Union Pacific

In other news, EVP Craig V. Richardson sold 6,495 shares of Union Pacific stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $252.00, for a total value 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through 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 shares were sold at an average price of $250.00, for a total value of $1,875,000.00. Following the transaction, 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. Company insiders own 0.28% of the company’s stock.

Union Pacific Stock Performance

NYSE:UNP opened at $236.84 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. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.07. The stock’s 50 day simple moving average is $242.35 and its two-hundred day simple moving average is $240.38. The company has a market cap of $143.12 billion, a price-to-earnings ratio of 21.36, a PEG ratio of 2.15 and a beta of 1.05.

Union Pacific (NYSE:UNP) last released its quarterly earnings data 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 return on equity of 41.12% and a net margin of 27.82%. During the same period in the prior year, the business posted $2.71 EPS. As a group, equities analysts anticipate that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be issued a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.26%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific’s dividend payout ratio (DPR) is 48.33%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on UNP. Robert W. Baird raised their target price on Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Guggenheim raised their price objective on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Wells Fargo & Company decreased their price objective on Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft started coverage on Union Pacific in a research note on Friday, March 7th. They issued a “buy” rating and a $295.00 price objective on the stock. Finally, Loop Capital downgraded Union Pacific from a “hold” rating to a “sell” rating and decreased their price objective for the stock from $265.00 to $200.00 in a research note on Monday, February 3rd. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $263.00.

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.