Impax Asset Management Group plc Has $142.02 Million Position in Union Pacific Co. (NYSE:UNP)

Impax Asset Management Group plc lifted its holdings in Union Pacific Co. (NYSE:UNP) by 14.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 622,803 shares of the railroad operator’s stock after buying an additional 76,567 shares during the period. Impax Asset Management Group plc’s holdings in Union Pacific were worth $142,024,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. World Investment Advisors LLC boosted its holdings in shares of Union Pacific by 103.1% during the third quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock worth $8,770,000 after purchasing an additional 18,060 shares during the period. abrdn plc lifted its position in Union Pacific by 9.3% in the 4th quarter. abrdn plc now owns 415,874 shares of the railroad operator’s stock worth $94,588,000 after buying an additional 35,414 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Union Pacific by 2.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator’s stock valued at $44,348,000 after buying an additional 4,939 shares during the period. Border to Coast Pensions Partnership Ltd grew its holdings in shares of Union Pacific by 24.2% during the 4th quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator’s stock valued at $63,185,000 after acquiring an additional 53,946 shares in the last quarter. Finally, Pensionfund Sabic increased its stake in shares of Union Pacific by 61.5% in the fourth quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator’s stock worth $2,394,000 after acquiring an additional 4,000 shares during the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on UNP shares. Loop Capital cut Union Pacific from a “hold” rating to a “sell” rating and reduced their price objective for the company from $265.00 to $200.00 in a research report on Monday, February 3rd. Guggenheim lifted their price target on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a report on Friday, January 24th. TD Cowen increased their price objective on Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a report on Friday, January 24th. BMO Capital Markets lifted their target price on shares of Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Finally, Raymond James restated a “strong-buy” rating and set a $285.00 price target (up previously from $265.00) on shares of Union Pacific in a research note on Friday, January 24th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $261.40.

Union Pacific Trading Down 0.9 %

Union Pacific stock opened at $245.43 on Monday. The business has a 50 day moving average price of $237.68 and a two-hundred day moving average price of $240.73. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.66. The stock has a market cap of $148.31 billion, a price-to-earnings ratio of 22.13, a price-to-earnings-growth ratio of 2.15 and a beta of 1.06.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, beating analysts’ consensus estimates 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 period in the previous year, the company earned $2.71 EPS. As a group, equities analysts forecast that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

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 given a dividend of $1.34 per share. The ex-dividend date is Friday, February 28th. This represents a $5.36 annualized dividend and a dividend yield of 2.18%. Union Pacific’s dividend payout ratio (DPR) is presently 48.33%.

Insider Activity at Union Pacific

In related news, EVP Craig V. Richardson sold 6,495 shares of the stock in a transaction dated 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 completion of the sale, the executive vice president now owns 26,319 shares in the company, valued at $6,632,388. This trade represents a 19.79 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, President Elizabeth F. Whited sold 7,500 shares of the firm’s stock in a transaction that occurred on Friday, January 24th. The stock was sold at an average price of $250.00, for a total transaction of $1,875,000.00. Following the sale, 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 position. The disclosure for this sale can be found here. 0.28% of the stock is owned by 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.