Wilkins Investment Counsel Inc. boosted its position in Union Pacific Co. (NYSE:UNP – Free Report) by 2.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,443 shares of the railroad operator’s stock after purchasing an additional 525 shares during the period. Wilkins Investment Counsel Inc.’s holdings in Union Pacific were worth $4,890,000 as of its most recent SEC filing.
Other institutional investors have also recently added to or reduced their stakes in the company. Compass Financial Services Inc acquired a new stake in Union Pacific in the fourth quarter worth approximately $25,000. Synergy Asset Management LLC acquired a new stake in Union Pacific in the fourth quarter worth approximately $29,000. Dunhill Financial LLC lifted its position in Union Pacific by 111.5% in the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 68 shares during the period. PrairieView Partners LLC acquired a new stake in shares of Union Pacific during the 4th quarter valued at $34,000. Finally, Kentucky Trust Co acquired a new stake in shares of Union Pacific during the 4th quarter valued at $40,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.
Union Pacific Trading Down 0.4 %
NYSE UNP opened at $236.24 on Thursday. Union Pacific Co. has a 1-year low of $218.55 and a 1-year high of $258.07. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76. The company has a market capitalization 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. The firm’s fifty day simple moving average is $242.44 and its 200-day simple moving average is $240.35.
Union Pacific Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders 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 yield of 2.27%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific’s dividend payout ratio (DPR) is 48.33%.
Insider Buying and Selling at Union Pacific
In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of the company’s stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $252.00, for a total transaction of $1,636,740.00. Following the completion of the sale, the executive vice president now directly owns 26,319 shares in the company, valued at $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 is available at the SEC website. Also, President Elizabeth F. Whited sold 7,500 shares of the company’s stock in a transaction dated 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 sale, the president now owns 64,960 shares of the company’s stock, valued at $16,240,000. This trade represents a 10.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.28% of the company’s stock.
Analyst Upgrades and Downgrades
A number of brokerages have recently commented on UNP. Citigroup increased their price objective on Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research report on Friday, January 24th. BMO Capital Markets increased their price objective on Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Guggenheim increased their price objective on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Raymond James reiterated a “strong-buy” rating and set a $285.00 price objective (up previously from $265.00) on shares of Union Pacific in a research report on Friday, January 24th. Finally, Loop Capital downgraded Union Pacific from a “hold” rating to a “sell” rating and cut their price objective for the company from $265.00 to $200.00 in a research report on Monday, February 3rd. 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 company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $263.00.
Check Out Our Latest Stock Analysis on UNP
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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