Oakworth Capital Inc. Boosts Stock Position in Union Pacific Co. (NYSE:UNP)

Oakworth Capital Inc. lifted its position in Union Pacific Co. (NYSE:UNP) by 3.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,564 shares of the railroad operator’s stock after purchasing an additional 392 shares during the quarter. Oakworth Capital Inc.’s holdings in Union Pacific were worth $2,865,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Synergy Asset Management LLC purchased a new stake in Union Pacific during the 4th quarter valued at about $29,000. Catalyst Capital Advisors LLC purchased a new stake in Union Pacific during the 3rd quarter valued at about $30,000. Jamison Private Wealth Management Inc. raised its position in Union Pacific by 265.7% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after purchasing an additional 93 shares during the last quarter. Dunhill Financial LLC raised its position in 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 during the last quarter. Finally, Peterson Financial Group Inc. bought a new position in Union Pacific during the 3rd quarter valued at approximately $32,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

UNP has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. lowered their price target on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Royal Bank of Canada lowered their price target on Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Benchmark upped their price target on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Sanford C. Bernstein lowered their price target on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research report on Wednesday, October 9th. Finally, Stifel Nicolaus upped their price target on Union Pacific from $253.00 to $270.00 and gave the company a “buy” 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, twelve have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $261.40.

Union Pacific Stock Up 0.3 %

UNP stock opened at $244.27 on Thursday. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.66. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. The firm has a market cap of $148.09 billion, a PE ratio of 22.03, a price-to-earnings-growth ratio of 2.15 and a beta of 1.06. The business has a 50 day moving average of $235.23 and a 200 day moving average of $240.15.

Union Pacific (NYSE:UNP) last issued its earnings results 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 prior year, the business posted $2.71 EPS. On average, research analysts forecast that Union Pacific Co. will post 12.03 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were paid a dividend of $1.34 per share. The ex-dividend date was Monday, December 9th. This represents a $5.36 annualized dividend and a yield of 2.19%. Union Pacific’s dividend payout ratio is 48.33%.

Insider Buying and Selling at Union Pacific

In other news, President Elizabeth F. Whited sold 7,500 shares of the firm’s stock in a transaction 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 transaction, the president now directly owns 64,960 shares in the company, valued at $16,240,000. This trade represents a 10.35 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Craig V. Richardson sold 6,495 shares of the firm’s stock in a transaction 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 completion of the transaction, the executive vice president now owns 26,319 shares in the company, valued at approximately $6,632,388. This trade represents a 19.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.26% of the company’s stock.

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.