Vestmark Advisory Solutions Inc. grew its holdings in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 60.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,607 shares of the railroad operator’s stock after buying an additional 1,352 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Union Pacific were worth $823,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors also recently bought and sold shares of the company. Compass Financial Services Inc acquired a new stake in shares of Union Pacific during the fourth quarter worth about $25,000. Synergy Asset Management LLC acquired a new stake in shares of Union Pacific during the fourth quarter worth about $29,000. Peterson Financial Group Inc. acquired a new stake in shares of Union Pacific during the third quarter worth about $32,000. Dunhill Financial LLC increased its position in shares of 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 purchasing an additional 68 shares in the last quarter. Finally, PrairieView Partners LLC acquired a new stake in shares of Union Pacific during the fourth quarter worth about $34,000. 80.38% of the stock is owned by hedge funds and other institutional investors.
Union Pacific Price Performance
Shares of NYSE:UNP opened at $249.84 on Friday. The business’s 50 day simple moving average is $241.04 and its 200-day simple moving average is $240.98. The firm has a market capitalization of $150.98 billion, a price-to-earnings ratio of 22.53, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05. 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 12 month low of $218.55 and a 12 month high of $258.07.
Union Pacific Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be paid a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a dividend yield of 2.15%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific’s dividend payout ratio (DPR) is 48.33%.
Analysts Set New Price Targets
A number of analysts have recently commented on the company. Robert W. Baird lifted their target price on Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. BMO Capital Markets lifted their target price on Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Wells Fargo & Company cut their target price 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. Deutsche Bank Aktiengesellschaft initiated coverage on Union Pacific in a research report on Friday. They issued a “buy” rating and a $295.00 price target on the stock. Finally, Barclays boosted their price target on Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a research report on Wednesday, November 13th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $263.00.
View Our Latest Stock Report on UNP
Insider Transactions 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 value 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 represents a 10.35 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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 completion of the sale, the executive vice president now directly owns 26,319 shares in the company, valued at approximately $6,632,388. The trade was 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.
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.
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