Analyst IMS Investment Management Services Ltd. reduced its holdings in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 34.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,428 shares of the railroad operator’s stock after selling 2,323 shares during the quarter. Analyst IMS Investment Management Services Ltd.’s holdings in Union Pacific were worth $1,010,000 as of its most recent filing with the SEC.
Other hedge funds have also made changes to their positions in the company. Compass Financial Services Inc acquired a new stake in Union Pacific during the fourth quarter worth approximately $25,000. Synergy Asset Management LLC purchased a new position in shares of Union Pacific in the 4th quarter valued at $29,000. Dunhill Financial LLC raised its stake in Union Pacific by 111.5% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after acquiring an additional 68 shares in the last quarter. Peterson Financial Group Inc. purchased a new stake in Union Pacific in the third quarter valued at $32,000. Finally, PrairieView Partners LLC acquired a new position in Union Pacific in the fourth quarter valued at $34,000. Hedge funds and other 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 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 completion of the sale, the president now directly owns 64,960 shares in the company, valued at $16,240,000. The trade was a 10.35 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Craig V. Richardson sold 6,495 shares of the company’s stock in a transaction that occurred on 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 transaction, the executive vice president now directly owns 26,319 shares in the company, valued at $6,632,388. The trade was a 19.79 % decrease in their position. The disclosure for this sale can be found here. 0.26% of the stock is owned by insiders.
Union Pacific Stock Down 1.3 %
Union Pacific (NYSE:UNP – Get Free Report) last posted its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share 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 quarter in the prior year, the company posted $2.71 earnings per share. Analysts predict that Union Pacific Co. will post 11.99 EPS for the current fiscal year.
Union Pacific Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be paid a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a yield of 2.29%. The ex-dividend date is Friday, February 28th. Union Pacific’s payout ratio is currently 48.33%.
Wall Street Analysts Forecast Growth
A number of analysts have recently commented on UNP shares. Benchmark lifted their target price on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Guggenheim lifted their price target on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Deutsche Bank Aktiengesellschaft started coverage on Union Pacific in a report on Friday, March 7th. They issued a “buy” rating and a $295.00 price objective for the company. Wells Fargo & Company reduced their price target on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a research report on Tuesday, January 7th. Finally, Robert W. Baird raised their price objective on shares of Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $263.00.
Read Our Latest Stock Report on Union Pacific
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.
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