Lockheed Martin Investment Management Co. Has $11.87 Million Holdings in Union Pacific Co. (NYSE:UNP)

Lockheed Martin Investment Management Co. lifted its position in Union Pacific Co. (NYSE:UNP) by 9.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 52,040 shares of the railroad operator’s stock after buying an additional 4,580 shares during the quarter. Lockheed Martin Investment Management Co.’s holdings in Union Pacific were worth $11,867,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Czech National Bank increased its position in Union Pacific by 6.7% during the third quarter. Czech National Bank now owns 124,100 shares of the railroad operator’s stock worth $30,588,000 after buying an additional 7,836 shares during the last quarter. Azzad Asset Management Inc. ADV boosted its stake in shares of Union Pacific by 3.0% during the 3rd quarter. Azzad Asset Management Inc. ADV now owns 8,632 shares of the railroad operator’s stock worth $2,128,000 after acquiring an additional 248 shares during the period. Versant Capital Management Inc increased its holdings in shares of Union Pacific by 16.2% during the 3rd quarter. Versant Capital Management Inc now owns 2,388 shares of the railroad operator’s stock worth $589,000 after acquiring an additional 333 shares during the last quarter. Aprio Wealth Management LLC raised its stake in Union Pacific by 8.3% in the 3rd quarter. Aprio Wealth Management LLC now owns 963 shares of the railroad operator’s stock valued at $237,000 after acquiring an additional 74 shares during the period. Finally, Callan Family Office LLC lifted its holdings in Union Pacific by 7.1% during the 3rd quarter. Callan Family Office LLC now owns 3,546 shares of the railroad operator’s stock valued at $874,000 after purchasing an additional 236 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

UNP has been the topic of several research reports. Loop Capital downgraded shares of Union Pacific from a “hold” rating to a “sell” rating and decreased their price objective for the company from $265.00 to $200.00 in a report on Monday. Benchmark upped their price target on shares of Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Stifel Nicolaus increased their price target on shares of Union Pacific from $253.00 to $270.00 and gave the company a “buy” rating in a report on Friday, January 24th. Sanford C. Bernstein reduced their price objective on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a report on Wednesday, October 9th. Finally, JPMorgan Chase & Co. lowered their target price on Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Union Pacific has a consensus rating of “Moderate Buy” and an average target price of $261.40.

Union Pacific Price Performance

UNP stock opened at $243.46 on Wednesday. The company’s 50-day moving average price is $235.29 and its two-hundred day moving average price is $240.11. The firm has a market cap of $147.60 billion, a P/E ratio of 21.95, a P/E/G ratio of 2.15 and a beta of 1.06. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.66.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, beating 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 period in the previous year, the business earned $2.71 EPS. On average, analysts anticipate that Union Pacific Co. will post 12.03 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were paid a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.20%. The ex-dividend date was Monday, December 9th. Union Pacific’s dividend payout ratio (DPR) is presently 48.33%.

Insider Buying and Selling at Union Pacific

In related news, President Elizabeth F. Whited sold 7,500 shares of the firm’s stock in a transaction on Friday, January 24th. The stock was sold at an average price of $250.00, for a total transaction of $1,875,000.00. Following the sale, the president now owns 64,960 shares of the company’s stock, valued at $16,240,000. This trade represents a 10.35 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Craig V. Richardson sold 6,495 shares of the company’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 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 disclosure for this sale can be found here. Company insiders own 0.26% of the company’s stock.

About Union Pacific

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.