Allen Capital Group LLC Has $1.59 Million Stake in Union Pacific Co. (NYSE:UNP)

Allen Capital Group LLC cut its holdings in shares of Union Pacific Co. (NYSE:UNP) by 1.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,960 shares of the railroad operator’s stock after selling 94 shares during the quarter. Allen Capital Group LLC’s holdings in Union Pacific were worth $1,587,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. Regal Investment Advisors LLC grew its stake in Union Pacific by 10.2% during the second quarter. Regal Investment Advisors LLC now owns 1,691 shares of the railroad operator’s stock worth $383,000 after buying an additional 156 shares in the last quarter. Truist Financial Corp raised its position in Union Pacific by 0.8% during the second quarter. Truist Financial Corp now owns 930,747 shares of the railroad operator’s stock valued at $210,591,000 after purchasing an additional 7,023 shares in the last quarter. SPC Financial Inc. boosted its holdings in shares of Union Pacific by 10.5% in the 2nd quarter. SPC Financial Inc. now owns 5,368 shares of the railroad operator’s stock valued at $1,215,000 after purchasing an additional 511 shares in the last quarter. 3Chopt Investment Partners LLC bought a new stake in shares of Union Pacific during the 2nd quarter worth $203,000. Finally, Wealthquest Corp lifted its holdings in shares of Union Pacific by 8.0% in the second quarter. Wealthquest Corp now owns 1,054 shares of the railroad operator’s stock worth $238,000 after acquiring an additional 78 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Up 1.0 %

Shares of NYSE UNP opened at $251.73 on Wednesday. The company has a market cap of $152.61 billion, a price-to-earnings ratio of 23.17, a PEG ratio of 2.12 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 firm’s fifty day moving average is $234.77 and its 200 day moving average is $239.94. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, beating analysts’ consensus estimates of $2.76 by $0.15. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. During the same period in the previous year, the firm posted $2.71 earnings per share. On average, equities research analysts expect that Union Pacific Co. will post 10.96 earnings per share for the current year.

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 dividend of $1.34 per share. This represents a $5.36 annualized dividend and a yield of 2.13%. The ex-dividend date was Monday, December 9th. Union Pacific’s payout ratio is currently 49.22%.

Insider Buying and Selling

In related news, 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 of the company’s stock, valued at $16,240,000. This trade represents a 10.35 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Craig V. Richardson sold 6,495 shares of the stock in a transaction on 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 sale, 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 ownership of the stock. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

UNP has been the topic of a number of research reports. Raymond James reaffirmed a “strong-buy” rating and set a $285.00 target price (up previously from $265.00) on shares of Union Pacific in a research note on Friday, January 24th. Guggenheim raised their price objective 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. Sanford C. Bernstein decreased their price objective on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a report on Wednesday, October 9th. StockNews.com lowered Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Finally, Wells Fargo & Company reduced their price target on Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 7th. Eight 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 stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $263.30.

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.