Forsta AP Fonden Has $32.04 Million Holdings in Union Pacific Co. (NYSE:UNP)

Forsta AP Fonden cut its holdings in shares of Union Pacific Co. (NYSE:UNP) by 2.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 140,500 shares of the railroad operator’s stock after selling 3,100 shares during the quarter. Forsta AP Fonden’s holdings in Union Pacific were worth $32,040,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in UNP. Strategic Investment Solutions Inc. IL bought a new position in shares of Union Pacific in the second quarter valued at about $28,000. Catalyst Capital Advisors LLC acquired a new position in Union Pacific in the 3rd quarter valued at about $30,000. Jamison Private Wealth Management Inc. raised its holdings in Union Pacific by 265.7% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after acquiring an additional 93 shares during the period. Peterson Financial Group Inc. acquired a new stake in Union Pacific during the third quarter worth approximately $32,000. Finally, Dunhill Financial LLC lifted its position in Union Pacific by 111.5% during the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after acquiring an additional 68 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on UNP. Raymond James reiterated 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. Royal Bank of Canada lowered their price objective on Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. TD Cowen boosted their target price on shares of Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Susquehanna dropped their price objective on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Finally, Sanford C. Bernstein decreased their target price on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 9th. Eight research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $263.30.

Insider Buying and Selling

In related news, EVP Craig V. Richardson sold 6,495 shares of the company’s stock in a transaction dated 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 sale, the executive vice president now owns 26,319 shares in the company, valued at $6,632,388. This represents a 19.79 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, President Elizabeth F. Whited sold 7,500 shares of Union Pacific stock in a transaction that occurred on Friday, January 24th. The stock was sold at an average price of $250.00, for a total value 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 approximately $16,240,000. The trade was a 10.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.28% of the stock is owned by corporate insiders.

Union Pacific Stock Down 2.0 %

UNP stock opened at $249.45 on Wednesday. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.66. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. The stock has a market capitalization of $151.23 billion, a P/E ratio of 22.91, a price-to-earnings-growth ratio of 2.12 and a beta of 1.06. The firm has a 50-day moving average price of $234.77 and a 200-day moving average price of $239.94.

Union Pacific (NYSE:UNP) last released its quarterly earnings results 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 return on equity of 41.79% and a net margin of 27.33%. During the same quarter in the previous year, the company earned $2.71 EPS. As a group, equities research analysts anticipate that Union Pacific Co. will post 10.96 EPS for the current fiscal year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were issued 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%.

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.