Birchcreek Wealth Management LLC reduced its position in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 11.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,476 shares of the railroad operator’s stock after selling 196 shares during the period. Birchcreek Wealth Management LLC’s holdings in Union Pacific were worth $337,000 as of its most recent SEC filing.
A number of other hedge funds also recently added to or reduced their stakes in UNP. Compass Financial Services Inc purchased a new position in Union Pacific in the fourth quarter valued at about $25,000. Synergy Asset Management LLC purchased a new position in Union Pacific in the fourth quarter valued at about $29,000. Catalyst Capital Advisors LLC purchased a new position in Union Pacific in the third quarter valued at about $30,000. Peterson Financial Group Inc. purchased a new position in Union Pacific in the third quarter valued at about $32,000. Finally, Dunhill Financial LLC increased its holdings in Union Pacific by 111.5% in the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after buying an additional 68 shares in the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.
Union Pacific Stock Down 0.9 %
Shares of NYSE UNP opened at $245.43 on Monday. The firm has a market cap of $148.31 billion, a P/E ratio of 22.13, a price-to-earnings-growth ratio of 2.15 and a beta of 1.06. The firm’s 50 day moving average price is $237.68 and its 200 day moving average price is $240.73. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.66. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77.
Union Pacific Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be issued 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 2.18%. Union Pacific’s dividend payout ratio (DPR) is presently 48.33%.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on UNP shares. Wells Fargo & Company dropped their target price on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Robert W. Baird raised their price objective on shares of Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. Citigroup raised their price objective on shares of Union Pacific from $254.00 to $260.00 and gave the stock a “neutral” rating in a research note on Friday, January 24th. Raymond James reissued a “strong-buy” rating and set a $285.00 price objective (up from $265.00) on shares of Union Pacific in a research note on Friday, January 24th. Finally, Loop Capital cut shares of Union Pacific from a “hold” rating to a “sell” rating and dropped their price objective for the stock from $265.00 to $200.00 in a research note on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and a consensus price target of $261.40.
Read Our Latest Stock Analysis on Union Pacific
Insider Buying and Selling at Union Pacific
In related news, President Elizabeth F. Whited sold 7,500 shares of Union Pacific stock in a transaction on 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 transaction, the president now owns 64,960 shares in the company, valued at approximately $16,240,000. The trade was a 10.35 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Craig V. Richardson sold 6,495 shares of Union Pacific stock in a transaction 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 transaction, the executive vice president now owns 26,319 shares in the company, valued at $6,632,388. The trade was a 19.79 % decrease in their position. The disclosure for this sale can be found here. 0.28% of the stock is owned by company insiders.
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.
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