Edmond DE Rothschild Holding S.A. lessened its holdings in Union Pacific Co. (NYSE:UNP – Free Report) by 8.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,544 shares of the railroad operator’s stock after selling 803 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in Union Pacific were worth $1,948,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of the business. State Street Corp boosted its stake in shares of Union Pacific by 0.9% during the 3rd quarter. State Street Corp now owns 24,788,337 shares of the railroad operator’s stock worth $6,109,829,000 after acquiring an additional 217,780 shares in the last quarter. Geode Capital Management LLC boosted its position in Union Pacific by 1.4% during the third quarter. Geode Capital Management LLC now owns 12,813,686 shares of the railroad operator’s stock worth $3,146,451,000 after purchasing an additional 182,620 shares during the period. Norges Bank acquired a new position in Union Pacific during the fourth quarter valued at approximately $1,927,377,000. Franklin Resources Inc. raised its position in shares of Union Pacific by 9.3% in the third quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator’s stock valued at $1,795,993,000 after purchasing an additional 625,492 shares during the period. Finally, Fisher Asset Management LLC lifted its stake in shares of Union Pacific by 0.3% in the fourth quarter. Fisher Asset Management LLC now owns 6,305,684 shares of the railroad operator’s stock worth $1,437,948,000 after buying an additional 20,099 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
UNP has been the topic of several recent analyst reports. Benchmark lifted their target price 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. Deutsche Bank Aktiengesellschaft initiated coverage on Union Pacific in a research report on Friday, March 7th. They set a “buy” rating and a $295.00 price objective for the company. Raymond James reaffirmed a “strong-buy” rating and issued a $285.00 target price (up previously from $265.00) on shares of Union Pacific in a report on Friday, January 24th. Wells Fargo & Company cut their price target on Union Pacific from $265.00 to $260.00 and set an “overweight” rating for the company in a report on Thursday, March 27th. Finally, Stifel Nicolaus raised their price objective on shares of Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. One 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 issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $262.76.
Insider Buying and Selling
In other news, EVP Craig V. Richardson sold 6,495 shares of the company’s stock in a transaction that occurred 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 directly owns 26,319 shares in the company, valued at approximately $6,632,388. This represents a 19.79 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, President Elizabeth F. Whited sold 7,500 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the president now directly owns 64,960 shares of the company’s stock, valued at approximately $16,240,000. This 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 Stock Performance
Shares of NYSE:UNP opened at $236.37 on Tuesday. The stock has a market capitalization of $141.66 billion, a price-to-earnings ratio of 21.31, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05. The business’s fifty day moving average price is $243.16 and its two-hundred day moving average price is $239.32. Union Pacific Co. has a fifty-two week low of $218.55 and a fifty-two week high of $258.07. 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 (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, topping 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 quarter in the previous year, the company posted $2.71 earnings per share. As a group, analysts predict that Union Pacific Co. will post 11.99 EPS for the current fiscal year.
Union Pacific Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, February 28th were issued a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.27%. The ex-dividend date of this dividend was Friday, February 28th. Union Pacific’s payout ratio is currently 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.
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