TCW Group Inc. Has $15.04 Million Stake in Union Pacific Co. (NYSE:UNP)

TCW Group Inc. raised its stake in Union Pacific Co. (NYSE:UNP) by 69.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 65,969 shares of the railroad operator’s stock after buying an additional 27,077 shares during the quarter. TCW Group Inc.’s holdings in Union Pacific were worth $15,044,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in UNP. Howard Capital Management Group LLC increased its holdings in shares of Union Pacific by 16.4% in the third quarter. Howard Capital Management Group LLC now owns 2,860 shares of the railroad operator’s stock worth $705,000 after acquiring an additional 403 shares in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in shares of Union Pacific by 51.4% in the third quarter. Allspring Global Investments Holdings LLC now owns 63,565 shares of the railroad operator’s stock worth $15,668,000 after acquiring an additional 21,570 shares in the last quarter. Values First Advisors Inc. bought a new stake in shares of Union Pacific in the third quarter worth about $104,000. Dakota Wealth Management increased its holdings in shares of Union Pacific by 1.4% in the third quarter. Dakota Wealth Management now owns 15,827 shares of the railroad operator’s stock worth $3,901,000 after acquiring an additional 226 shares in the last quarter. Finally, Tectonic Advisors LLC increased its holdings in shares of Union Pacific by 3.8% in the third quarter. Tectonic Advisors LLC now owns 3,811 shares of the railroad operator’s stock worth $939,000 after acquiring an additional 141 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on UNP shares. Guggenheim increased their price target on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Barclays increased their price objective on Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a report on Wednesday, November 13th. Loop Capital downgraded Union Pacific from a “hold” rating to a “sell” rating and decreased their price objective for the stock from $265.00 to $200.00 in a report on Monday, February 3rd. Stifel Nicolaus increased their price objective on Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Finally, TD Cowen increased their price objective on Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a report on Friday, January 24th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $261.40.

Insider Buying and Selling

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 transaction of $1,636,740.00. Following the sale, the executive vice president now owns 26,319 shares in the company, valued at $6,632,388. The trade was a 19.79 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of the business’s 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 sale, the president now owns 64,960 shares in the company, valued at $16,240,000. This represents a 10.35 % decrease in their position. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by corporate insiders.

Union Pacific Trading Down 0.9 %

Shares of UNP opened at $245.43 on Friday. Union Pacific Co. has a 52-week low of $218.55 and a 52-week high of $258.66. The business’s fifty day moving average is $237.68 and its 200-day moving average is $240.70. 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 firm has a market cap of $148.31 billion, a price-to-earnings ratio of 22.13, a PEG ratio of 2.15 and a beta of 1.06.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, beating 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 period last year, the business posted $2.71 EPS. 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. Investors of record on Friday, February 28th will be given a dividend of $1.34 per share. The ex-dividend date is Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a yield of 2.18%. Union Pacific’s dividend payout ratio is currently 48.33%.

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.