Stonebridge Financial Group LLC acquired a new stake in Union Pacific Co. (NYSE:UNP – Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 196 shares of the railroad operator’s stock, valued at approximately $45,000.
Several other institutional investors have also modified their holdings of UNP. Exchange Traded Concepts LLC lifted its holdings in shares of Union Pacific by 1,306.3% in the 3rd quarter. Exchange Traded Concepts LLC now owns 450 shares of the railroad operator’s stock worth $111,000 after acquiring an additional 418 shares during the last quarter. Creative Planning lifted its stake in Union Pacific by 6.7% in the third quarter. Creative Planning now owns 258,290 shares of the railroad operator’s stock worth $62,439,000 after purchasing an additional 16,272 shares during the last quarter. Jamison Private Wealth Management Inc. boosted its position in shares of Union Pacific by 265.7% during the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after buying an additional 93 shares during the period. SeaCrest Wealth Management LLC grew its stake in shares of Union Pacific by 4.5% during the third quarter. SeaCrest Wealth Management LLC now owns 2,189 shares of the railroad operator’s stock valued at $540,000 after buying an additional 94 shares during the last quarter. Finally, Wolff Wiese Magana LLC raised its holdings in shares of Union Pacific by 2.1% in the third quarter. Wolff Wiese Magana LLC now owns 6,916 shares of the railroad operator’s stock worth $1,705,000 after buying an additional 142 shares during the period. 80.38% of the stock is owned by institutional investors.
Union Pacific Trading Up 1.0 %
NYSE:UNP opened at $250.96 on Friday. The stock has a market capitalization of $151.65 billion, a price-to-earnings ratio of 22.63, a PEG ratio of 2.11 and a beta of 1.06. Union Pacific Co. has a 52 week low of $218.55 and a 52 week high of $258.66. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. The firm has a 50 day moving average of $235.70 and a 200 day moving average of $240.36.
Union Pacific Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be issued a dividend of $1.34 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $5.36 annualized dividend and a dividend yield of 2.14%. Union Pacific’s dividend payout ratio (DPR) is currently 48.33%.
Wall Street Analysts Forecast Growth
A number of equities analysts recently issued reports on the company. Wells Fargo & Company dropped their price objective on Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. JPMorgan Chase & Co. cut their price target on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Stifel Nicolaus lifted their price objective 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. Robert W. Baird boosted their price objective on shares of Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Finally, Raymond James reaffirmed a “strong-buy” rating and set a $285.00 target price (up from $265.00) on shares of Union Pacific in a research report on Friday, January 24th. One analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and a consensus price target of $261.40.
View Our Latest Research Report on Union Pacific
Insider Activity at Union Pacific
In other news, President Elizabeth F. Whited sold 7,500 shares of the business’s 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 sale, the president now directly owns 64,960 shares of the company’s stock, valued at $16,240,000. The trade was a 10.35 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Craig V. Richardson sold 6,495 shares of the firm’s stock in a transaction on 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 of the company’s stock, valued at $6,632,388. This trade represents a 19.79 % decrease in their position. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by 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.
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