New Age Alpha Advisors LLC raised its stake in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 7,152.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,077 shares of the railroad operator’s stock after purchasing an additional 5,007 shares during the period. New Age Alpha Advisors LLC’s holdings in Union Pacific were worth $1,158,000 at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of UNP. Howard Capital Management Group LLC increased its stake in Union Pacific by 16.4% during the third quarter. Howard Capital Management Group LLC now owns 2,860 shares of the railroad operator’s stock worth $705,000 after acquiring an additional 403 shares during the last quarter. Erste Asset Management GmbH acquired a new stake in Union Pacific during the 3rd quarter worth approximately $7,661,000. Kestra Investment Management LLC purchased a new position in Union Pacific in the third quarter valued at approximately $923,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in Union Pacific during the third quarter valued at approximately $1,289,000. Finally, Benjamin Edwards Inc. lifted its position in Union Pacific by 940.7% during the third quarter. Benjamin Edwards Inc. now owns 25,529 shares of the railroad operator’s stock valued at $6,297,000 after buying an additional 23,076 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.
Analyst Ratings Changes
A number of equities analysts have recently commented on the stock. Loop Capital downgraded shares of Union Pacific from a “hold” rating to a “sell” rating and cut their target price for the company from $265.00 to $200.00 in a research note on Monday, February 3rd. Deutsche Bank Aktiengesellschaft started coverage on Union Pacific in a research note on Friday, March 7th. They set a “buy” rating and a $295.00 price objective on the stock. Benchmark increased their target price on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Raymond James reiterated a “strong-buy” rating and set a $285.00 target price (up from $265.00) on shares of Union Pacific in a report on Friday, January 24th. Finally, Guggenheim increased their price objective on shares of Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, January 24th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and an average target price of $262.76.
Union Pacific Stock Performance
Union Pacific stock opened at $236.37 on Tuesday. 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 Co. has a 12 month low of $218.55 and a 12 month high of $258.07. The company has a fifty day moving average price of $243.16 and a two-hundred day moving average price of $239.32. The company has a market cap of $141.66 billion, a PE ratio of 21.31, a P/E/G ratio of 2.15 and a beta of 1.05.
Union Pacific (NYSE:UNP – Get Free Report) last announced its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share 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 quarter in the prior year, the firm posted $2.71 earnings per share. Research analysts expect that Union Pacific Co. will post 11.99 earnings per share for the current year.
Union Pacific Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, February 28th were given a dividend of $1.34 per share. The ex-dividend date was Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a yield of 2.27%. Union Pacific’s dividend payout ratio is currently 48.33%.
Insider Buying and Selling
In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of the company’s stock in a transaction dated Monday, January 27th. The shares were 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 in the company, valued at approximately $6,632,388. This represents a 19.79 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 owns 64,960 shares in the company, valued at $16,240,000. The trade was a 10.35 % decrease in their position. The disclosure for this sale can be found here. 0.28% of the stock is owned by company insiders.
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.
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