Union Pacific Co. (NYSE:UNP) Stock Holdings Decreased by OLD National Bancorp IN

OLD National Bancorp IN lessened its position in Union Pacific Co. (NYSE:UNP) by 5.6% in the 4th quarter, Holdings Channel reports. The fund owned 26,623 shares of the railroad operator’s stock after selling 1,571 shares during the period. OLD National Bancorp IN’s holdings in Union Pacific were worth $6,071,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Union Pacific during the 2nd quarter valued at $28,000. Synergy Asset Management LLC acquired a new stake in Union Pacific during the fourth quarter valued at $29,000. Catalyst Capital Advisors LLC purchased a new position in Union Pacific in the third quarter valued at about $30,000. Jamison Private Wealth Management Inc. increased 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 worth $32,000 after purchasing an additional 93 shares during the last quarter. Finally, Peterson Financial Group Inc. purchased a new stake in shares of Union Pacific during the 3rd quarter worth about $32,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on UNP. 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. Guggenheim raised 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. BMO Capital Markets increased their target price on shares of Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Raymond James reaffirmed a “strong-buy” rating and issued a $285.00 price target (up previously from $265.00) on shares of Union Pacific in a research report on Friday, January 24th. Finally, Benchmark raised their price objective on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Eight investment analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Union Pacific currently has a consensus rating of “Moderate Buy” and an average target price of $263.30.

Union Pacific Trading Up 0.1 %

Shares of UNP stock opened at $249.75 on Friday. The firm has a fifty day moving average of $235.09 and a 200-day moving average of $240.01. The stock has a market cap of $151.41 billion, a price-to-earnings ratio of 22.52, a P/E/G ratio of 2.16 and a beta of 1.06. Union Pacific Co. has a 52-week low of $218.55 and a 52-week high of $258.66. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.63 and a current ratio of 0.77.

Union Pacific (NYSE:UNP) last posted its quarterly 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 net margin of 27.82% and a return on equity of 41.12%. During the same period last year, the firm earned $2.71 earnings per share. On average, equities research analysts forecast that Union Pacific Co. will post 12.03 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were given a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a yield of 2.15%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific’s dividend payout ratio (DPR) is 48.33%.

Insiders Place Their Bets

In related news, EVP Craig V. Richardson sold 6,495 shares of the firm’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 completion of the sale, the executive vice president now directly owns 26,319 shares of the company’s stock, valued at $6,632,388. This trade represents a 19.79 % decrease in their position. The transaction was disclosed in a document filed 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 completion of the transaction, the president now directly owns 64,960 shares in the company, valued at approximately $16,240,000. This represents a 10.35 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.28% of the company’s stock.

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.