Chicago Partners Investment Group LLC cut its holdings in Union Pacific Co. (NYSE:UNP – Free Report) by 2.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 27,210 shares of the railroad operator’s stock after selling 770 shares during the period. Chicago Partners Investment Group LLC’s holdings in Union Pacific were worth $6,308,000 at the end of the most recent reporting period.
A number of other large investors also recently made changes to their positions in the business. Strategic Investment Solutions Inc. IL purchased a new position in Union Pacific during the second quarter worth about $28,000. Synergy Asset Management LLC acquired a new position in shares of Union Pacific in the 4th quarter valued at $29,000. Catalyst Capital Advisors LLC acquired a new stake in shares of Union Pacific in the third quarter worth $30,000. Jamison Private Wealth Management Inc. boosted its position in Union Pacific by 265.7% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 93 shares during the period. Finally, Peterson Financial Group Inc. acquired a new stake in Union Pacific in the 3rd quarter valued at $32,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.
Insider Transactions at Union Pacific
In other news, President Elizabeth F. Whited sold 7,500 shares of Union Pacific 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 transaction, the president now owns 64,960 shares in the company, valued at approximately $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 SEC, which can be accessed through the SEC website. Also, EVP Craig V. Richardson sold 6,495 shares of the firm’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 sale, the executive vice president now owns 26,319 shares of the company’s stock, valued at $6,632,388. The trade was a 19.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.28% of the company’s stock.
Union Pacific Stock Down 0.8 %
Union Pacific (NYSE:UNP – Get Free Report) last issued 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 previous year, the company earned $2.71 EPS. As a group, research analysts forecast that Union Pacific Co. will post 12.03 EPS for the current year.
Union Pacific Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were paid a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a yield of 2.16%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific’s payout ratio is currently 48.33%.
Wall Street Analysts Forecast Growth
A number of brokerages have commented on UNP. Robert W. Baird upped their target price on Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. BMO Capital Markets increased their price objective on shares of Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. 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. Barclays lifted their price target on shares of Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 13th. Finally, Sanford C. Bernstein cut their price target on Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 9th. Eight investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $263.30.
Read Our Latest Stock Analysis on Union Pacific
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.
Featured Stories
- Five stocks we like better than Union Pacific
- Using the MarketBeat Dividend Yield Calculator
- Beyond Self-Driving Cars: Factory Automation Takes Center Stage
- What to Know About Investing in Penny Stocks
- MarketBeat Week in Review – 01/27 – 01/31
- 2 Fintech Stocks to Buy Now and 1 to Avoid
- Trump 2.0: This Sector May See A Big Performance Boost
Receive News & Ratings for Union Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific and related companies with MarketBeat.com's FREE daily email newsletter.