Crestwood Advisors Group LLC grew its holdings in Union Pacific Co. (NYSE:UNP – Free Report) by 41.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,389 shares of the railroad operator’s stock after purchasing an additional 2,159 shares during the period. Crestwood Advisors Group LLC’s holdings in Union Pacific were worth $1,685,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also made changes to their positions in the company. IFP Advisors Inc grew its holdings in shares of Union Pacific by 17.4% in the fourth quarter. IFP Advisors Inc now owns 14,360 shares of the railroad operator’s stock worth $3,275,000 after purchasing an additional 2,126 shares during the last quarter. J. W. Coons Advisors LLC boosted its position in Union Pacific by 8.9% in the 4th quarter. J. W. Coons Advisors LLC now owns 4,288 shares of the railroad operator’s stock valued at $978,000 after buying an additional 350 shares during the period. Genesis Wealth Advisors LLC bought a new position in Union Pacific in the 4th quarter worth about $206,000. Midwest Capital Advisors LLC purchased a new position in shares of Union Pacific during the fourth quarter worth approximately $54,000. Finally, World Equity Group Inc. raised its stake in shares of Union Pacific by 82.8% during the fourth quarter. World Equity Group Inc. now owns 3,430 shares of the railroad operator’s stock valued at $782,000 after acquiring an additional 1,554 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors.
Insider Activity
In other news, President Elizabeth F. Whited sold 7,500 shares of the firm’s stock in a transaction dated 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 transaction, the president now directly owns 64,960 shares in the company, valued at $16,240,000. This trade represents a 10.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Craig V. Richardson sold 6,495 shares of Union Pacific 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 directly owns 26,319 shares of the company’s stock, valued at $6,632,388. This trade represents a 19.79 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.28% of the company’s stock.
Union Pacific Stock Down 1.3 %
Union Pacific (NYSE:UNP – Get Free Report) last posted its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company earned $2.71 EPS. On average, research analysts expect that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.
Union Pacific Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be issued a $1.34 dividend. The ex-dividend date is Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.21%. Union Pacific’s dividend payout ratio is currently 48.33%.
Analyst Upgrades and Downgrades
UNP has been the topic of several research analyst reports. Benchmark increased their price objective on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Guggenheim increased their price target on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Citigroup raised their price target on Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research note on Friday, January 24th. Barclays upped their price objective 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, TD Cowen raised 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. One investment analyst has rated the stock with a sell rating, seven have given 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.com, the company has a consensus rating of “Moderate Buy” and an average target price of $261.40.
Get Our Latest Report 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.
See Also
- Five stocks we like better than Union Pacific
- Trading Stocks: RSI and Why it’s Useful
- Finding Hidden Gems: Unconventional Penny Stock Investing
- 3 Best Fintech Stocks for a Portfolio Boost
- Price Targets on NVIDIA Rise in Front of Earnings
- Dividend Capture Strategy: What You Need to Know
- Archer Aviation Stock Skids: Mistaking Progress for Bad News?
Want to see what other hedge funds are holding UNP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Union Pacific Co. (NYSE:UNP – Free Report).
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.