Brooklyn FI LLC Takes $409,000 Position in Union Pacific Co. (NYSE:UNP)

Brooklyn FI LLC acquired a new stake in shares of Union Pacific Co. (NYSE:UNP) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 1,728 shares of the railroad operator’s stock, valued at approximately $409,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. purchased a new stake in shares of Union Pacific during the fourth quarter worth about $1,035,905,000. Vontobel Holding Ltd. grew its stake in Union Pacific by 74.7% in the 4th quarter. Vontobel Holding Ltd. now owns 2,146,990 shares of the railroad operator’s stock worth $489,600,000 after acquiring an additional 918,248 shares during the period. Franklin Resources Inc. lifted its stake in shares of Union Pacific by 9.3% during the 3rd quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator’s stock worth $1,795,993,000 after purchasing an additional 625,492 shares during the period. Proficio Capital Partners LLC boosted its holdings in shares of Union Pacific by 33,228.4% during the fourth quarter. Proficio Capital Partners LLC now owns 504,258 shares of the railroad operator’s stock worth $114,991,000 after purchasing an additional 502,745 shares during the last quarter. Finally, Jennison Associates LLC grew its position in shares of Union Pacific by 170.9% in the third quarter. Jennison Associates LLC now owns 736,246 shares of the railroad operator’s stock valued at $181,470,000 after purchasing an additional 464,477 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

Shares of NYSE UNP opened at $236.24 on Thursday. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. Union Pacific Co. has a fifty-two week low of $218.55 and a fifty-two week high of $258.07. The business has a 50 day moving average price of $242.44 and a two-hundred day moving average price of $240.35. The firm has a market cap of $142.76 billion, a PE ratio of 21.30, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, topping 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 quarter in the prior year, the company earned $2.71 earnings per share. Sell-side analysts expect that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be paid 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 2.27%. Union Pacific’s dividend payout ratio (DPR) is presently 48.33%.

Insider Buying and Selling

In other news, EVP Craig V. Richardson sold 6,495 shares of Union Pacific stock in a transaction that occurred on 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 completion of the transaction, the executive vice president now owns 26,319 shares in the company, valued at approximately $6,632,388. This trade represents a 19.79 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President Elizabeth F. Whited sold 7,500 shares of the company’s stock in a transaction that occurred on Friday, January 24th. The shares were sold at an average price of $250.00, for a total value of $1,875,000.00. Following the sale, the president now directly owns 64,960 shares in the company, valued at approximately $16,240,000. This represents a 10.35 % 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.

Analysts Set New Price Targets

Several equities analysts recently weighed in on UNP shares. Guggenheim increased their target price on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. 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 report on Friday, January 24th. Wells Fargo & Company dropped their price target on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a research report on Tuesday, January 7th. TD Cowen lifted their price target on shares of Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a report on Friday, January 24th. Finally, Citigroup boosted their price target on Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Union Pacific has an average rating of “Moderate Buy” and an average target price of $263.00.

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.