Corient Private Wealth LLC Reduces Holdings in Union Pacific Co. (NYSE:UNP)

Corient Private Wealth LLC trimmed its stake in Union Pacific Co. (NYSE:UNP) by 8.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 608,529 shares of the railroad operator’s stock after selling 58,973 shares during the period. Corient Private Wealth LLC owned approximately 0.10% of Union Pacific worth $137,732,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the stock. Howard Capital Management Group LLC grew its position in Union Pacific by 16.4% during the 3rd quarter. Howard Capital Management Group LLC now owns 2,860 shares of the railroad operator’s stock worth $705,000 after purchasing an additional 403 shares during the last quarter. Signature Estate & Investment Advisors LLC grew its position in Union Pacific by 190.5% during the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 4,430 shares of the railroad operator’s stock worth $1,092,000 after purchasing an additional 2,905 shares during the last quarter. Empowered Funds LLC grew its position in Union Pacific by 5.7% during the 3rd quarter. Empowered Funds LLC now owns 35,978 shares of the railroad operator’s stock worth $8,868,000 after purchasing an additional 1,933 shares during the last quarter. Coastline Trust Co grew its position in Union Pacific by 3.9% during the 3rd quarter. Coastline Trust Co now owns 8,137 shares of the railroad operator’s stock worth $2,006,000 after purchasing an additional 304 shares during the last quarter. Finally, Nicollet Investment Management Inc. grew its position in Union Pacific by 0.8% during the 3rd quarter. Nicollet Investment Management Inc. now owns 20,510 shares of the railroad operator’s stock worth $5,055,000 after purchasing an additional 158 shares during the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, 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 transaction of $1,636,740.00. Following the completion of 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, 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 transaction, the president now directly owns 64,960 shares of the company’s stock, valued at $16,240,000. This trade represents a 10.35 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.26% of the company’s stock.

Union Pacific Stock Up 1.5 %

Shares of NYSE UNP opened at $237.71 on Friday. The firm’s 50-day moving average is $242.05 and its two-hundred day moving average is $240.71. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. The company has a market capitalization of $143.65 billion, a PE ratio of 21.43, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.07.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, beating analysts’ consensus estimates 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 period last year, the firm earned $2.71 earnings per share. Equities analysts anticipate that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be given a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.25%. The ex-dividend date is Friday, February 28th. Union Pacific’s dividend payout ratio is presently 48.33%.

Analyst Ratings Changes

Several analysts have recently commented on UNP shares. Deutsche Bank Aktiengesellschaft started coverage on shares of Union Pacific in a research note on Friday, March 7th. They issued a “buy” rating and a $295.00 target price for the company. TD Cowen raised their target price on shares of Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Stifel Nicolaus raised their target price on shares of Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Citigroup raised their target price on shares of Union Pacific from $254.00 to $260.00 and gave the stock a “neutral” rating in a research note on Friday, January 24th. Finally, Robert W. Baird raised their target price on shares of Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $263.00.

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.