TFG Advisers LLC decreased its stake in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 0.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 14,714 shares of the railroad operator’s stock after selling 104 shares during the quarter. Union Pacific comprises approximately 1.2% of TFG Advisers LLC’s investment portfolio, making the stock its 15th largest holding. TFG Advisers LLC’s holdings in Union Pacific were worth $3,355,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of UNP. Brookstone Capital Management raised its position in shares of Union Pacific by 1.0% during the third quarter. Brookstone Capital Management now owns 19,239 shares of the railroad operator’s stock worth $4,742,000 after purchasing an additional 196 shares during the period. Marcum Wealth LLC increased its stake in Union Pacific by 4.4% during the 3rd quarter. Marcum Wealth LLC now owns 2,795 shares of the railroad operator’s stock valued at $689,000 after purchasing an additional 118 shares in the last quarter. Wedmont Private Capital raised its holdings in Union Pacific by 10.8% during the third quarter. Wedmont Private Capital now owns 4,743 shares of the railroad operator’s stock worth $1,123,000 after buying an additional 462 shares during the last quarter. Sanibel Captiva Trust Company Inc. grew its holdings in shares of Union Pacific by 1.8% during the third quarter. Sanibel Captiva Trust Company Inc. now owns 5,602 shares of the railroad operator’s stock valued at $1,381,000 after buying an additional 100 shares during the last quarter. Finally, Hoese & Co LLP increased its position in shares of Union Pacific by 3,076.9% during the third quarter. Hoese & Co LLP now owns 413 shares of the railroad operator’s stock worth $102,000 after acquiring an additional 400 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.
Analysts Set New Price Targets
UNP has been the subject of a number of recent research reports. Guggenheim boosted their price objective on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Wells Fargo & Company decreased their price target on Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. TD Cowen raised their price objective on Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Raymond James reiterated a “strong-buy” rating and issued a $285.00 target price (up previously from $265.00) on shares of Union Pacific in a research note on Friday, January 24th. Finally, Citigroup increased their target price on shares of Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $261.40.
Union Pacific Stock Performance
Shares of UNP stock opened at $242.12 on Friday. The firm’s 50 day moving average is $235.20 and its 200 day moving average is $240.17. The stock has a market capitalization of $146.79 billion, a P/E ratio of 21.83, a PEG ratio of 2.11 and a beta of 1.06. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.66. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.76.
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 (EPS) for the quarter, topping the consensus estimate of $2.76 by $0.15. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. During the same quarter in the prior year, the company earned $2.71 EPS. On average, sell-side analysts anticipate that Union Pacific Co. will post 12.01 earnings per share for the current year.
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 given a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a dividend yield of 2.21%. The ex-dividend date is Friday, February 28th. Union Pacific’s dividend payout ratio is presently 48.33%.
Insider Transactions at Union Pacific
In related news, 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 sale, the executive vice president now owns 26,319 shares of the company’s stock, valued at approximately $6,632,388. This represents a 19.79 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of the firm’s 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 transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.28% of the company’s stock.
Union Pacific Company 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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