Stanley Laman Group Ltd. lifted its holdings in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 0.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 16,320 shares of the railroad operator’s stock after purchasing an additional 117 shares during the period. Stanley Laman Group Ltd.’s holdings in Union Pacific were worth $3,722,000 as of its most recent filing with the SEC.
Other hedge funds have also bought and sold shares of the company. Compass Financial Services Inc bought a new stake in shares of Union Pacific during the fourth quarter worth about $25,000. Synergy Asset Management LLC bought a new stake in Union Pacific during the 4th quarter worth approximately $29,000. Catalyst Capital Advisors LLC bought a new position in shares of Union Pacific in the 3rd quarter worth $30,000. Jamison Private Wealth Management Inc. boosted its stake in shares of 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 purchasing an additional 93 shares in the last quarter. Finally, Peterson Financial Group Inc. purchased a new stake in Union Pacific during the 3rd quarter valued at $32,000. Institutional investors own 80.38% of the company’s stock.
Union Pacific Trading Up 0.3 %
Shares of NYSE:UNP opened at $248.49 on Thursday. The firm has a market capitalization of $150.65 billion, a price-to-earnings ratio of 22.41, a price-to-earnings-growth ratio of 2.11 and a beta of 1.06. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.66. The business’s 50 day moving average price is $235.43 and its 200-day moving average price is $240.31. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.63.
Union Pacific Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be paid a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a dividend yield of 2.16%. The ex-dividend date is Friday, February 28th. Union Pacific’s dividend payout ratio (DPR) is presently 48.33%.
Insiders Place Their Bets
In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of the firm’s stock in a transaction dated 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 directly owns 26,319 shares of the company’s stock, valued at approximately $6,632,388. This trade represents a 19.79 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of the firm’s stock in a transaction dated 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 sale, the president now directly owns 64,960 shares in the company, valued at approximately $16,240,000. The trade was 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 currently owned by company insiders.
Analyst Ratings Changes
Several equities research analysts have recently commented on the stock. BMO Capital Markets raised 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. Loop Capital cut shares of Union Pacific from a “hold” rating to a “sell” rating and reduced their price objective for the company from $265.00 to $200.00 in a research report on Monday, February 3rd. Citigroup boosted their price target on shares of Union Pacific from $254.00 to $260.00 and gave the stock a “neutral” rating in a research report on Friday, January 24th. Robert W. Baird boosted their target price on shares of Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Finally, Royal Bank of Canada decreased their price target on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. 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.com, Union Pacific presently has an average rating of “Moderate Buy” and an average price target of $261.40.
Get Our Latest Research Report 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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