Oppenheimer & Co. Inc. Sells 1,680 Shares of Union Pacific Co. (NYSE:UNP)

Oppenheimer & Co. Inc. decreased its position in shares of Union Pacific Co. (NYSE:UNP) by 4.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,305 shares of the railroad operator’s stock after selling 1,680 shares during the period. Oppenheimer & Co. Inc.’s holdings in Union Pacific were worth $8,735,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. World Investment Advisors LLC increased its stake in Union Pacific by 103.1% in the 3rd quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock worth $8,770,000 after acquiring an additional 18,060 shares during the last quarter. abrdn plc grew its holdings in shares of Union Pacific by 9.3% in the fourth quarter. abrdn plc now owns 415,874 shares of the railroad operator’s stock valued at $94,588,000 after purchasing an additional 35,414 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in Union Pacific by 2.8% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator’s stock worth $44,348,000 after purchasing an additional 4,939 shares during the last quarter. Border to Coast Pensions Partnership Ltd raised its stake in Union Pacific by 24.2% during the fourth quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator’s stock valued at $63,185,000 after purchasing an additional 53,946 shares in the last quarter. Finally, Pensionfund Sabic lifted its position in Union Pacific by 61.5% during the fourth quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator’s stock valued at $2,394,000 after purchasing an additional 4,000 shares during the last quarter. 80.38% of the stock is owned by institutional investors.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 7,500 shares of the stock in a transaction 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 sale, the president now owns 64,960 shares of the company’s stock, valued at approximately $16,240,000. This trade represents a 10.35 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Craig V. Richardson sold 6,495 shares of Union Pacific 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 completion of the transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.28% of the company’s stock.

Union Pacific Stock Down 0.1 %

Shares of NYSE UNP opened at $245.12 on Friday. Union Pacific Co. has a 52-week low of $218.55 and a 52-week high of $258.07. The firm has a market capitalization of $148.12 billion, a price-to-earnings ratio of 22.10, a PEG ratio of 2.15 and a beta of 1.06. The stock has a 50 day moving average price of $239.05 and a 200 day moving average price of $240.86. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77.

Union Pacific (NYSE:UNP) last issued its 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 41.12% and a net margin of 27.82%. During the same period in the previous year, the business posted $2.71 earnings per share. Sell-side analysts expect that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be issued a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a yield of 2.19%. The ex-dividend date is Friday, February 28th. Union Pacific’s payout ratio is 48.33%.

Analysts Set New Price Targets

UNP has been the topic of several recent research reports. Citigroup upped their target price on shares of Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research report on Friday, January 24th. Barclays upped their price objective on Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a research report on Wednesday, November 13th. TD Cowen lifted their target price on Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Benchmark boosted their target price on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Finally, Stifel Nicolaus raised their price target on Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $261.40.

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.