DMC Group LLC cut its stake in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 7.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,023 shares of the railroad operator’s stock after selling 83 shares during the quarter. DMC Group LLC’s holdings in Union Pacific were worth $233,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in the company. World Investment Advisors LLC increased its position in shares of Union Pacific by 103.1% in the 3rd quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock valued at $8,770,000 after purchasing an additional 18,060 shares during the last quarter. Peoples Bank KS purchased a new position in Union Pacific in the third quarter valued at $834,000. Wealth Enhancement Advisory Services LLC lifted its holdings in Union Pacific by 2.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator’s stock worth $44,348,000 after buying an additional 4,939 shares during the last quarter. Maj Invest Holding A S boosted its position in shares of Union Pacific by 0.3% during the 3rd quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator’s stock worth $166,645,000 after acquiring an additional 2,202 shares in the last quarter. Finally, Border to Coast Pensions Partnership Ltd increased its holdings in shares of Union Pacific by 24.2% in the 4th quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator’s stock valued at $63,185,000 after acquiring an additional 53,946 shares during the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.
Union Pacific Trading Up 0.2 %
Shares of Union Pacific stock opened at $249.67 on Thursday. The company has a 50-day moving average of $234.77 and a two-hundred day moving average of $239.94. The stock has a market cap of $151.37 billion, a PE ratio of 22.93, a price-to-earnings-growth ratio of 2.12 and a beta of 1.06. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.66.
Union Pacific Dividend Announcement
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. The ex-dividend date of this dividend was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a yield of 2.15%. Union Pacific’s payout ratio is 49.22%.
Analyst Upgrades and Downgrades
UNP has been the topic of several recent analyst reports. JPMorgan Chase & Co. dropped their price target on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. 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. TD Cowen upped their price objective on shares of Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Stifel Nicolaus boosted their target price on Union Pacific from $253.00 to $270.00 and gave the company a “buy” rating in a report on Friday, January 24th. Finally, Robert W. Baird lifted their price target on Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Eight research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $263.30.
Get Our Latest Stock Analysis on Union Pacific
Insider Buying and Selling at Union Pacific
In related news, President Elizabeth F. Whited sold 7,500 shares of Union Pacific stock in a transaction dated 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 owns 64,960 shares in the company, valued at approximately $16,240,000. This trade represents a 10.35 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Craig V. Richardson sold 6,495 shares of the business’s stock in a transaction dated Monday, January 27th. The shares were 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 of the company’s stock, valued at $6,632,388. The trade was 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 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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