WealthShield Partners LLC lessened its stake in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 6.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,920 shares of the railroad operator’s stock after selling 401 shares during the quarter. WealthShield Partners LLC’s holdings in Union Pacific were worth $1,350,000 at the end of the most recent reporting period.
Other hedge funds have also added to or reduced their stakes in the company. Compass Financial Services Inc purchased a new position in Union Pacific during the 4th quarter valued at about $25,000. Synergy Asset Management LLC purchased a new position in Union Pacific during the 4th quarter valued at about $29,000. Catalyst Capital Advisors LLC purchased a new position in Union Pacific during the 3rd quarter valued at about $30,000. Peterson Financial Group Inc. purchased a new position in Union Pacific during the 3rd quarter valued at about $32,000. Finally, Dunhill Financial LLC grew its holdings in Union Pacific by 111.5% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after buying an additional 68 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.
Union Pacific Stock Down 1.3 %
Shares of UNP opened at $242.39 on Tuesday. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.66. The stock has a 50 day simple moving average of $237.87 and a two-hundred day simple moving average of $240.74. The firm has a market cap of $146.47 billion, a P/E ratio of 21.86, a P/E/G ratio of 2.15 and a beta of 1.06.
Union Pacific Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be given a $1.34 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $5.36 annualized dividend and a yield of 2.21%. Union Pacific’s payout ratio is currently 48.33%.
Analysts Set New Price Targets
A number of research firms have weighed in on UNP. Wells Fargo & Company reduced their target price on Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Barclays boosted their price objective on Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a report on Wednesday, November 13th. BMO Capital Markets boosted their price objective on Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. Loop Capital lowered Union Pacific from a “hold” rating to a “sell” rating and cut their price objective for the stock from $265.00 to $200.00 in a report on Monday, February 3rd. Finally, Stifel Nicolaus boosted their price objective on Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, January 24th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Union Pacific currently has an average rating of “Moderate Buy” and a consensus price target of $261.40.
Read Our Latest Research Report on Union Pacific
Insider Buying and Selling at Union Pacific
In related news, President Elizabeth F. Whited sold 7,500 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the president now owns 64,960 shares in the company, valued at $16,240,000. This 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 through this hyperlink. Also, EVP Craig V. Richardson sold 6,495 shares of the company’s stock in a transaction that occurred 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 transaction, the executive vice president now owns 26,319 shares of the company’s stock, valued at approximately $6,632,388. This 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 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.
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