Harbour Investment Management LLC Has $327,000 Holdings in Union Pacific Co. (NYSE:UNP)

Harbour Investment Management LLC lifted its holdings in Union Pacific Co. (NYSE:UNP) by 38.6% during the 4th quarter, HoldingsChannel reports. The fund owned 1,433 shares of the railroad operator’s stock after acquiring an additional 399 shares during the quarter. Harbour Investment Management LLC’s holdings in Union Pacific were worth $327,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Roble Belko & Company Inc boosted its stake in Union Pacific by 26.8% in the fourth quarter. Roble Belko & Company Inc now owns 213 shares of the railroad operator’s stock worth $49,000 after buying an additional 45 shares in the last quarter. Pflug Koory LLC boosted its stake in Union Pacific by 0.5% in the fourth quarter. Pflug Koory LLC now owns 8,569 shares of the railroad operator’s stock worth $1,954,000 after buying an additional 45 shares in the last quarter. Baron Wealth Management LLC boosted its stake in Union Pacific by 3.3% in the fourth quarter. Baron Wealth Management LLC now owns 1,409 shares of the railroad operator’s stock worth $321,000 after buying an additional 45 shares in the last quarter. Regatta Capital Group LLC boosted its stake in Union Pacific by 2.8% in the fourth quarter. Regatta Capital Group LLC now owns 1,672 shares of the railroad operator’s stock worth $381,000 after buying an additional 46 shares in the last quarter. Finally, Ironwood Investment Counsel LLC boosted its stake in shares of Union Pacific by 1.3% during the fourth quarter. Ironwood Investment Counsel LLC now owns 3,458 shares of the railroad operator’s stock valued at $789,000 after purchasing an additional 46 shares during the period. 80.38% of the stock is currently owned by institutional investors and hedge funds.

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 transaction, 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 ownership of the stock. The sale was disclosed in a document filed 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 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 transaction, 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 disclosure for this sale can be found here. Insiders own 0.26% of the company’s stock.

Union Pacific Trading Up 1.5 %

Union Pacific stock opened at $237.71 on Friday. 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 stock has a market capitalization of $143.65 billion, a PE ratio of 21.43, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05. The business’s fifty day moving average is $242.05 and its 200 day moving average is $240.77.

Union Pacific (NYSE:UNP) last released its quarterly earnings data 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 return on equity of 41.12% and a net margin of 27.82%. During the same quarter in the previous year, the firm earned $2.71 EPS. On average, sell-side analysts predict that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be given a $1.34 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $5.36 annualized dividend and a yield of 2.25%. Union Pacific’s payout ratio is 48.33%.

Analyst Upgrades and Downgrades

UNP has been the subject of a number of analyst reports. Stifel Nicolaus increased their price objective on Union Pacific from $253.00 to $270.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Robert W. Baird increased their price objective on Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Benchmark increased 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. Wells Fargo & Company dropped their price objective on Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a research note on Tuesday, January 7th. Finally, Deutsche Bank Aktiengesellschaft began coverage on Union Pacific in a report on Friday, March 7th. They set a “buy” rating and a $295.00 target price for the company. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $263.00.

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.