TigerOak Management L.L.C. Takes $674,000 Position in Union Pacific Co. (NYSE:UNP)

TigerOak Management L.L.C. bought a new position in Union Pacific Co. (NYSE:UNP) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,954 shares of the railroad operator’s stock, valued at approximately $674,000.

Several other large investors also recently modified their holdings of the business. Roxbury Financial LLC bought a new stake in shares of Union Pacific in the fourth quarter worth about $113,000. Myriad Asset Management US LP purchased a new stake in Union Pacific in the fourth quarter worth about $1,581,000. WASHINGTON TRUST Co lifted its holdings in Union Pacific by 3.4% in the fourth quarter. WASHINGTON TRUST Co now owns 11,213 shares of the railroad operator’s stock worth $2,557,000 after buying an additional 370 shares during the period. PUREfi Wealth LLC purchased a new stake in Union Pacific in the fourth quarter worth about $604,000. Finally, DeDora Capital Inc. lifted its holdings in Union Pacific by 2.1% in the fourth quarter. DeDora Capital Inc. now owns 10,030 shares of the railroad operator’s stock worth $2,287,000 after buying an additional 208 shares during the period. 80.38% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts have commented on the stock. Loop Capital lowered shares of Union Pacific from a “hold” rating to a “sell” rating and lowered their price objective for the stock from $265.00 to $200.00 in a report on Monday, February 3rd. Wells Fargo & Company lowered their price objective 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. Benchmark lifted their target price on shares of Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a report on Friday, January 24th. Robert W. Baird lifted their target price on shares of Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a report on Friday, January 24th. Finally, TD Cowen lifted their target price on shares of Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $261.40.

Insiders Place Their Bets

In related news, EVP Craig V. Richardson sold 6,495 shares of the business’s stock in a transaction that occurred on 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 transaction, the executive vice president now directly owns 26,319 shares in the company, valued at approximately $6,632,388. The trade was a 19.79 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, President Elizabeth F. Whited sold 7,500 shares of the stock in a transaction that occurred 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 completion of 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. Insiders own 0.28% of the company’s stock.

Union Pacific Stock Down 0.7 %

UNP stock opened at $249.27 on Friday. The company has a market cap of $151.12 billion, a price-to-earnings ratio of 22.48, a P/E/G ratio of 2.11 and a beta of 1.06. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.63 and a current ratio of 0.77. The business’s 50-day moving average is $236.34 and its two-hundred day moving average is $240.49. Union Pacific Co. has a fifty-two week low of $218.55 and a fifty-two week high of $258.66.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share 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 period in the previous year, the firm posted $2.71 EPS. As a group, analysts forecast that Union Pacific Co. will post 12.01 earnings per share for the current year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be given a $1.34 dividend. The ex-dividend date is Friday, February 28th. This represents a $5.36 annualized dividend and a yield of 2.15%. Union Pacific’s payout ratio is presently 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.