Private Wealth Partners LLC grew its holdings in Union Pacific Co. (NYSE:UNP – Free Report) by 2.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,083 shares of the railroad operator’s stock after purchasing an additional 82 shares during the period. Private Wealth Partners LLC’s holdings in Union Pacific were worth $703,000 as of its most recent SEC filing.
A number of other hedge funds have also made changes to their positions in UNP. Bryn Mawr Capital Management LLC increased its stake in Union Pacific by 27.5% in the 4th quarter. Bryn Mawr Capital Management LLC now owns 28,817 shares of the railroad operator’s stock valued at $6,571,000 after buying an additional 6,220 shares during the period. Alberta Investment Management Corp increased its stake in shares of Union Pacific by 1,153.8% in the fourth quarter. Alberta Investment Management Corp now owns 36,360 shares of the railroad operator’s stock worth $8,292,000 after acquiring an additional 33,460 shares during the last quarter. Atlas Legacy Advisors LLC purchased a new stake in shares of Union Pacific during the fourth quarter worth $403,000. Bank of Jackson Hole Trust acquired a new stake in Union Pacific during the fourth quarter valued at $84,000. Finally, Callahan Advisors LLC purchased a new position in Union Pacific in the fourth quarter valued at about $1,086,000. 80.38% of the stock is owned by hedge funds and other institutional investors.
Union Pacific Trading Down 1.7 %
Shares of UNP opened at $247.02 on Thursday. The stock’s 50-day moving average price is $237.20 and its 200 day moving average price is $240.57. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. The firm has a market capitalization of $149.27 billion, a price-to-earnings ratio of 22.27, a P/E/G ratio of 2.18 and a beta of 1.06. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.66.
Union Pacific Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be issued a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.17%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific’s payout ratio is 48.33%.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently weighed in on the company. Loop Capital downgraded Union Pacific from a “hold” rating to a “sell” rating and cut their price target for the stock from $265.00 to $200.00 in a research note on Monday, February 3rd. Stifel Nicolaus lifted their target price on shares of Union Pacific from $253.00 to $270.00 and gave the company a “buy” rating in a research note on Friday, January 24th. JPMorgan Chase & Co. dropped their price target on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Barclays lifted their price objective on shares of Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a research note on Wednesday, November 13th. Finally, 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 report on Friday, January 24th. One equities 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. According to data from MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and a consensus target price of $261.40.
Check Out Our Latest Report on Union Pacific
Insider Activity
In related news, EVP Craig V. Richardson sold 6,495 shares of the business’s stock in a transaction 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 sale, the executive vice president now owns 26,319 shares of the company’s stock, valued at $6,632,388. The trade was a 19.79 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of the stock in a transaction 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 transaction, the president now owns 64,960 shares of the company’s stock, valued at $16,240,000. This represents 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 owned by company insiders.
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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