Union Pacific Co. (NYSE:UNP) Shares Sold by FineMark National Bank & Trust

FineMark National Bank & Trust cut its position in shares of Union Pacific Co. (NYSE:UNP) by 9.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 42,244 shares of the railroad operator’s stock after selling 4,512 shares during the quarter. FineMark National Bank & Trust’s holdings in Union Pacific were worth $9,633,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Howard Capital Management Group LLC grew its stake in shares of Union Pacific by 16.4% in 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. Larson Financial Group LLC grew its position in Union Pacific by 10.7% in the third quarter. Larson Financial Group LLC now owns 2,181 shares of the railroad operator’s stock worth $537,000 after buying an additional 210 shares during the last quarter. Summit Trail Advisors LLC increased its holdings in shares of Union Pacific by 4.8% in the third quarter. Summit Trail Advisors LLC now owns 6,726 shares of the railroad operator’s stock valued at $1,658,000 after buying an additional 309 shares in the last quarter. Daiwa Securities Group Inc. boosted its stake in shares of Union Pacific by 8.6% during the 3rd quarter. Daiwa Securities Group Inc. now owns 77,524 shares of the railroad operator’s stock worth $19,108,000 after acquiring an additional 6,168 shares in the last quarter. Finally, Fisher Asset Management LLC grew its holdings in shares of Union Pacific by 2.3% in the 3rd quarter. Fisher Asset Management LLC now owns 6,285,585 shares of the railroad operator’s stock worth $1,549,271,000 after acquiring an additional 143,896 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Insider Transactions at Union Pacific

In other news, EVP Craig V. Richardson sold 6,495 shares of the 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 sale, the executive vice president now directly 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of the company’s stock in a transaction on Friday, January 24th. The shares were sold at an average price of $250.00, for a total transaction of $1,875,000.00. Following the transaction, the president now owns 64,960 shares of the company’s stock, valued at approximately $16,240,000. The trade was a 10.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by corporate insiders.

Union Pacific Stock Up 0.6 %

UNP opened at $235.20 on Tuesday. The firm has a market cap of $142.13 billion, a P/E ratio of 21.21, 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 quick ratio of 0.62 and a current ratio of 0.77. The business has a 50 day moving average price of $242.85 and a 200 day moving average price of $239.83. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.07.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data 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 period in the previous year, the business earned $2.71 earnings per share. Research analysts forecast that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

The firm also recently declared 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 annualized dividend and a dividend yield of 2.28%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific’s dividend payout ratio is currently 48.33%.

Analyst Upgrades and Downgrades

UNP has been the subject of a number of recent analyst reports. BMO Capital Markets increased their price target on Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Union Pacific in a research report on Friday, March 7th. They issued a “buy” rating and a $295.00 price target for the company. Raymond James reissued a “strong-buy” rating and set a $285.00 target price (up from $265.00) on shares of Union Pacific in a research note on Friday, January 24th. Benchmark lifted their price target on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a report on Friday, January 24th. Finally, Robert W. Baird increased their price objective on Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $263.00.

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.