Farther Finance Advisors LLC decreased its position in Union Pacific Co. (NYSE:UNP – Free Report) by 8.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,084 shares of the railroad operator’s stock after selling 481 shares during the quarter. Farther Finance Advisors LLC’s holdings in Union Pacific were worth $1,159,000 as of its most recent SEC filing.
A number of other institutional investors also recently modified their holdings of UNP. Howard Capital Management Group LLC raised its position in shares of 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 valued at $705,000 after purchasing an additional 403 shares during the period. Impax Asset Management Group plc increased its position in Union Pacific by 2,025.4% during the third quarter. Impax Asset Management Group plc now owns 546,236 shares of the railroad operator’s stock worth $134,636,000 after acquiring an additional 520,536 shares during the period. Plato Investment Management Ltd increased its position in Union Pacific by 5.8% during the third quarter. Plato Investment Management Ltd now owns 1,812 shares of the railroad operator’s stock worth $446,000 after acquiring an additional 100 shares during the period. Lifeworks Advisors LLC bought a new position in Union Pacific during the third quarter worth $343,000. Finally, Oak Harbor Wealth Partners LLC increased its position in Union Pacific by 3.5% during the third quarter. Oak Harbor Wealth Partners LLC now owns 8,981 shares of the railroad operator’s stock worth $2,214,000 after acquiring an additional 302 shares during the period. Institutional investors own 80.38% of the company’s stock.
Analyst Ratings Changes
UNP has been the topic of a number of research reports. BMO Capital Markets boosted their target price on shares of Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Loop Capital lowered shares of Union Pacific from a “hold” rating to a “sell” rating and dropped their target price for the stock from $265.00 to $200.00 in a research report on Monday, February 3rd. Wells Fargo & Company dropped their target price on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 7th. Benchmark boosted their target price on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Finally, TD Cowen boosted their target price on shares of Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $263.00.
Insider Buying and Selling
In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of the business’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 sale, the executive vice president now directly owns 26,319 shares of the company’s stock, 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 SEC, 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 dated Friday, January 24th. The stock was sold at an average price of $250.00, for a total value of $1,875,000.00. Following the sale, the president now directly owns 64,960 shares of the company’s stock, valued at $16,240,000. This represents a 10.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.26% of the stock is owned by corporate insiders.
Union Pacific Stock Up 1.5 %
Shares of NYSE:UNP opened at $237.71 on Friday. Union Pacific Co. has a 52 week low of $218.55 and a 52 week high of $258.07. 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’s fifty day moving average is $242.05 and its 200-day moving average is $240.77. The company has a market capitalization of $143.65 billion, a PE ratio of 21.43, a P/E/G ratio of 2.15 and a beta of 1.05.
Union Pacific (NYSE:UNP – Get Free Report) last issued its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, topping the consensus estimate 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 prior year, the business posted $2.71 EPS. Equities research analysts predict that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.
Union Pacific Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be given a dividend of $1.34 per share. The ex-dividend date is Friday, February 28th. This represents a $5.36 annualized dividend and a yield of 2.25%. Union Pacific’s dividend payout ratio (DPR) is 48.33%.
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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