American Century Companies Inc. Sells 28,666 Shares of Union Pacific Co. (NYSE:UNP)

American Century Companies Inc. lowered its position in shares of Union Pacific Co. (NYSE:UNP) by 2.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,184,354 shares of the railroad operator’s stock after selling 28,666 shares during the quarter. American Century Companies Inc.’s holdings in Union Pacific were worth $270,080,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. World Investment Advisors LLC lifted its position in shares of Union Pacific by 103.1% during the 3rd quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock worth $8,770,000 after buying an additional 18,060 shares in the last quarter. abrdn plc lifted its position in shares of Union Pacific by 9.3% during the 4th quarter. abrdn plc now owns 415,874 shares of the railroad operator’s stock worth $94,588,000 after buying an additional 35,414 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Union Pacific by 2.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator’s stock worth $44,348,000 after buying an additional 4,939 shares in the last quarter. Border to Coast Pensions Partnership Ltd lifted its position in shares of Union Pacific by 24.2% during the 4th quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator’s stock worth $63,185,000 after buying an additional 53,946 shares in the last quarter. Finally, Pensionfund Sabic lifted its position in shares of Union Pacific by 61.5% during the 4th quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator’s stock worth $2,394,000 after buying an additional 4,000 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Insider Buying and Selling at Union Pacific

In other news, President Elizabeth F. Whited sold 7,500 shares of Union Pacific stock in a transaction on 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 completion of the sale, the president now directly owns 64,960 shares of the company’s stock, valued at approximately $16,240,000. The trade was a 10.35 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Craig V. Richardson sold 6,495 shares of Union Pacific 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 directly owns 26,319 shares of the company’s stock, valued at $6,632,388. This represents a 19.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.28% of the company’s stock.

Union Pacific Stock Down 0.4 %

Shares of NYSE:UNP opened at $233.79 on Friday. The firm has a fifty day moving average price of $242.68 and a two-hundred day moving average price of $240.16. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.07. The company has a market cap of $141.28 billion, a price-to-earnings ratio of 21.08, a PEG ratio of 2.15 and a beta of 1.05.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, beating 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 in the prior year, the business posted $2.71 earnings per share. Analysts anticipate that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

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 $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.29%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific’s payout ratio is 48.33%.

Analyst Ratings Changes

Several equities analysts have commented on the stock. BMO Capital Markets lifted 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. Benchmark raised their price target on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Stifel Nicolaus raised their price target on shares of Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Citigroup raised their price target on shares of Union Pacific from $254.00 to $260.00 and gave the stock a “neutral” rating in a research note on Friday, January 24th. Finally, Guggenheim raised their price target on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Union Pacific currently has a consensus rating of “Moderate Buy” and an average price target of $263.00.

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.