Portfolio Design Labs LLC grew its position in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 19.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,703 shares of the railroad operator’s stock after acquiring an additional 1,273 shares during the quarter. Portfolio Design Labs LLC’s holdings in Union Pacific were worth $1,757,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors also recently modified their holdings of UNP. Compass Financial Services Inc bought a new position in Union Pacific in the 4th quarter valued at about $25,000. Synergy Asset Management LLC bought a new position in Union Pacific in the 4th quarter valued at about $29,000. Catalyst Capital Advisors LLC bought a new position in Union Pacific in the 3rd quarter valued at about $30,000. Jamison Private Wealth Management Inc. grew its position in Union Pacific by 265.7% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after buying an additional 93 shares in the last quarter. Finally, Peterson Financial Group Inc. bought a new position in Union Pacific in the 3rd quarter valued at about $32,000. Institutional investors and hedge funds own 80.38% of the company’s stock.
Insider Transactions at Union Pacific
In other news, President Elizabeth F. Whited sold 7,500 shares of Union Pacific stock in a transaction dated 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 owns 64,960 shares in the company, valued at $16,240,000. The trade was a 10.35 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Craig V. Richardson sold 6,495 shares of Union Pacific stock in a transaction dated 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 transaction, the executive vice president now owns 26,319 shares in the company, valued at $6,632,388. This trade represents 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.
Union Pacific Price Performance
Union Pacific (NYSE:UNP – Get Free Report) last posted its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) 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 quarter last year, the company posted $2.71 earnings per share. On average, equities analysts anticipate that Union Pacific Co. will post 12.01 EPS for the current 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 given a dividend of $1.34 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $5.36 annualized dividend and a dividend yield of 2.16%. Union Pacific’s payout ratio is currently 48.33%.
Analyst Ratings Changes
UNP has been the subject of a number of research analyst reports. Robert W. Baird upped their price target on shares of Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a report on Friday, January 24th. Wells Fargo & Company cut their price target on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Guggenheim upped their price target on shares of Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a report on Friday, January 24th. JPMorgan Chase & Co. cut their price target on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Finally, Citigroup upped their price target on shares of Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a report on Friday, January 24th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $261.40.
Check Out Our Latest Stock Report on UNP
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.
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