Epoch Investment Partners Inc. boosted its stake in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 8.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,152,459 shares of the railroad operator’s stock after acquiring an additional 86,396 shares during the period. Union Pacific makes up about 1.3% of Epoch Investment Partners Inc.’s portfolio, making the stock its 10th largest holding. Epoch Investment Partners Inc.’s holdings in Union Pacific were worth $262,807,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Allred Capital Management LLC increased its holdings in shares of Union Pacific by 0.5% during the fourth quarter. Allred Capital Management LLC now owns 8,349 shares of the railroad operator’s stock valued at $1,904,000 after acquiring an additional 40 shares in the last quarter. Palogic Value Management L.P. increased its stake in Union Pacific by 1.5% during the 4th quarter. Palogic Value Management L.P. now owns 2,823 shares of the railroad operator’s stock valued at $644,000 after purchasing an additional 42 shares in the last quarter. Roble Belko & Company Inc raised its holdings 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 during the last quarter. Pflug Koory LLC lifted its stake in shares of 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. Finally, Baron Wealth Management LLC grew its holdings in shares of Union Pacific by 3.3% during the fourth quarter. Baron Wealth Management LLC now owns 1,409 shares of the railroad operator’s stock valued at $321,000 after buying an additional 45 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.
Union Pacific Trading Up 1.7 %
Shares of NYSE:UNP opened at $220.26 on Friday. The stock has a 50 day moving average of $235.02 and a 200 day moving average of $236.47. The company has a market cap of $132.01 billion, a PE ratio of 19.86, a price-to-earnings-growth ratio of 2.15 and a beta of 1.06. Union Pacific Co. has a 12-month low of $204.66 and a 12-month high of $258.07. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76.
Union Pacific Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, February 28th were paid a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a yield of 2.43%. The ex-dividend date was Friday, February 28th. Union Pacific’s dividend payout ratio (DPR) is presently 48.33%.
Analyst Ratings Changes
A number of brokerages recently weighed in on UNP. Guggenheim boosted their price objective on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Susquehanna lowered their price target on Union Pacific from $265.00 to $255.00 and set a “neutral” rating on the stock in a report on Thursday, March 27th. Loop Capital downgraded Union Pacific from a “hold” rating to a “sell” rating and reduced their price objective for the stock from $265.00 to $200.00 in a report on Monday, February 3rd. Citigroup raised Union Pacific from a “neutral” rating to a “buy” rating and decreased their target price for the stock from $260.00 to $244.00 in a research report on Tuesday, April 8th. Finally, UBS Group dropped their price target on shares of Union Pacific from $255.00 to $245.00 and set a “neutral” rating on the stock in a report on Wednesday, April 2nd. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Union Pacific currently has an average rating of “Moderate Buy” and an average price target of $257.50.
Get Our Latest Stock Analysis on UNP
Insiders Place Their Bets
In other news, EVP Craig V. Richardson sold 6,495 shares of the business’s stock in a transaction on 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 transaction, the executive vice president now owns 26,319 shares of the company’s stock, valued at approximately $6,632,388. The trade was a 19.79 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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 transaction, the president now directly owns 64,960 shares of the company’s stock, 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. 0.19% of the stock is currently owned by corporate insiders.
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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