Sound View Wealth Advisors Group LLC lowered its stake in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 1.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,977 shares of the railroad operator’s stock after selling 72 shares during the period. Sound View Wealth Advisors Group LLC’s holdings in Union Pacific were worth $907,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors also recently modified their holdings of UNP. Compass Financial Services Inc acquired a new stake in Union Pacific during the 4th quarter worth $25,000. Synergy Asset Management LLC bought a new stake in shares of Union Pacific in the fourth quarter worth about $29,000. Peterson Financial Group Inc. acquired a new stake in shares of Union Pacific during the third quarter worth about $32,000. Dunhill Financial LLC lifted its holdings in shares of Union Pacific by 111.5% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after purchasing an additional 68 shares in the last quarter. Finally, PrairieView Partners LLC acquired a new position in shares of Union Pacific in the 4th quarter valued at approximately $34,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Union Pacific
In other news, EVP Craig V. Richardson sold 6,495 shares of the company’s stock in a transaction that occurred on 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 owns 26,319 shares of the company’s stock, valued at approximately $6,632,388. This represents a 19.79 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, President Elizabeth F. Whited sold 7,500 shares of Union Pacific stock in a transaction that occurred on 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 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 ownership of the stock. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by corporate insiders.
Union Pacific Trading Up 1.9 %
Union Pacific (NYSE:UNP – Get Free Report) last issued its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 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 posted $2.71 earnings per share. Sell-side analysts forecast that Union Pacific Co. will post 11.99 earnings per share for the current year.
Union Pacific Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be given a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.15%. The ex-dividend date is Friday, February 28th. Union Pacific’s payout ratio is presently 48.33%.
Analysts Set New Price Targets
Several analysts have commented on the stock. Loop Capital downgraded shares of Union Pacific from a “hold” rating to a “sell” rating and dropped their target price for the stock from $265.00 to $200.00 in a report on Monday, February 3rd. BMO Capital Markets boosted their price objective on shares of Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Stifel Nicolaus increased their target price on Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Wells Fargo & Company dropped their price target on Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 7th. Finally, Robert W. Baird upped their price objective on Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $263.00.
View Our Latest Stock Analysis on Union Pacific
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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