Aigen Investment Management LP Has $596,000 Stake in Union Pacific Co. (NYSE:UNP)

Aigen Investment Management LP lifted its position in shares of Union Pacific Co. (NYSE:UNP) by 86.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,613 shares of the railroad operator’s stock after purchasing an additional 1,208 shares during the quarter. Aigen Investment Management LP’s holdings in Union Pacific were worth $596,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of UNP. Roble Belko & Company Inc grew its holdings in Union Pacific by 26.8% during the fourth quarter. Roble Belko & Company Inc now owns 213 shares of the railroad operator’s stock worth $49,000 after buying an additional 45 shares in the last quarter. Pflug Koory LLC grew its holdings in Union Pacific by 0.5% during the fourth quarter. Pflug Koory LLC now owns 8,569 shares of the railroad operator’s stock worth $1,954,000 after buying an additional 45 shares in the last quarter. Baron Wealth Management LLC grew its holdings in Union Pacific by 3.3% during the fourth quarter. Baron Wealth Management LLC now owns 1,409 shares of the railroad operator’s stock worth $321,000 after buying an additional 45 shares in the last quarter. Regatta Capital Group LLC grew its holdings 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 worth $381,000 after buying an additional 46 shares in the last quarter. Finally, Dakota Community Bank & Trust NA grew its holdings in Union Pacific by 2.8% during the fourth quarter. Dakota Community Bank & Trust NA now owns 1,786 shares of the railroad operator’s stock worth $407,000 after buying an additional 49 shares in the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

UNP has been the subject of several recent research reports. Loop Capital downgraded Union Pacific from a “hold” rating to a “sell” rating and decreased their price target for the stock from $265.00 to $200.00 in a report on Monday, February 3rd. Benchmark upped their price target on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Robert W. Baird upped their price target on Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. Citigroup upped their price objective on Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research note on Friday, January 24th. Finally, TD Cowen upped their price objective on Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a research note on Friday, January 24th. One analyst has rated the stock with a sell rating, seven have assigned 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 has a consensus rating of “Moderate Buy” and an average price target of $261.40.

Union Pacific Stock Up 0.6 %

UNP stock opened at $245.15 on Friday. 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 capitalization of $148.14 billion, a price-to-earnings ratio of 22.11, a PEG ratio of 2.15 and a beta of 1.06. Union Pacific Co. has a fifty-two week low of $218.55 and a fifty-two week high of $258.07. The stock has a fifty day moving average of $240.64 and a 200-day moving average of $241.00.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, topping 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 period in the prior year, the company posted $2.71 earnings per share. As a group, equities research analysts predict 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 paid a $1.34 dividend. The ex-dividend date is Friday, February 28th. This represents a $5.36 annualized dividend and a yield of 2.19%. Union Pacific’s dividend payout ratio is currently 48.33%.

Insiders Place Their Bets

In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of the firm’s stock in a transaction dated 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 $6,632,388. This trade represents a 19.79 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of Union Pacific stock in a transaction dated 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 sale, the president now owns 64,960 shares of the company’s stock, valued at approximately $16,240,000. This trade represents a 10.35 % decrease in their position. The disclosure for this sale can be found here. 0.28% of the stock is owned by corporate 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.