Aviva PLC boosted its position in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 10.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 367,120 shares of the railroad operator’s stock after buying an additional 35,130 shares during the period. Aviva PLC’s holdings in Union Pacific were worth $83,718,000 at the end of the most recent quarter.
A number of other hedge funds have also added to or reduced their stakes in the company. Compass Financial Services Inc acquired a new position in Union Pacific during the fourth quarter worth about $25,000. Synergy Asset Management LLC bought a new stake in shares of Union Pacific in the fourth quarter worth $29,000. Dunhill Financial LLC grew its position in shares of Union Pacific by 111.5% in the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after buying an additional 68 shares during the last quarter. PrairieView Partners LLC bought a new stake in Union Pacific in the fourth quarter valued at approximately $34,000. Finally, Kentucky Trust Co acquired a new stake in shares of Union Pacific during the fourth quarter worth $40,000. 80.38% of the stock is owned by institutional investors.
Union Pacific Price Performance
Shares of NYSE UNP opened at $212.86 on Friday. Union Pacific Co. has a twelve month low of $212.55 and a twelve month high of $258.07. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. The firm has a market capitalization of $127.57 billion, a P/E ratio of 19.19, a P/E/G ratio of 2.15 and a beta of 1.05. The stock’s 50-day simple moving average is $242.01 and its two-hundred day simple moving average is $238.85.
Union Pacific Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, February 28th were paid a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.52%. The ex-dividend date was Friday, February 28th. Union Pacific’s dividend payout ratio (DPR) is presently 48.33%.
Wall Street Analysts Forecast Growth
Several research firms recently commented on UNP. Deutsche Bank Aktiengesellschaft assumed coverage on Union Pacific in a research note on Friday, March 7th. They set a “buy” rating and a $295.00 target price for the company. Wells Fargo & Company dropped their price target on shares of Union Pacific from $265.00 to $260.00 and set an “overweight” rating on the stock in a research report on Thursday, March 27th. Citigroup upped their target price 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. Guggenheim upped 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. Finally, Robert W. Baird raised their price target on shares of Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. One analyst has rated the stock with a sell rating, eight have issued a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $261.95.
Check Out Our Latest Stock Report on Union Pacific
Insider Activity
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 shares were sold at an average price of $252.00, for a total value of $1,636,740.00. Following the completion of the sale, the executive vice president now directly owns 26,319 shares in the company, valued at $6,632,388. This trade represents a 19.79 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, President Elizabeth F. Whited sold 7,500 shares of the firm’s stock in a transaction that occurred on Friday, January 24th. The shares were 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 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 disclosure for this sale can be found here. Insiders own 0.28% of the company’s stock.
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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