Union Pacific Co. (NYSE:UNP) Shares Purchased by Barden Capital Management Inc.

Barden Capital Management Inc. lifted its holdings in shares of Union Pacific Co. (NYSE:UNP) by 1.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,155 shares of the railroad operator’s stock after purchasing an additional 49 shares during the quarter. Barden Capital Management Inc.’s holdings in Union Pacific were worth $948,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Howard Capital Management Group LLC grew its stake in Union Pacific by 16.4% during the 3rd quarter. Howard Capital Management Group LLC now owns 2,860 shares of the railroad operator’s stock worth $705,000 after buying an additional 403 shares during the last quarter. Impax Asset Management Group plc boosted its stake in shares of Union Pacific by 2,025.4% in the third quarter. Impax Asset Management Group plc now owns 546,236 shares of the railroad operator’s stock valued at $134,636,000 after buying an additional 520,536 shares in the last quarter. Catalyst Capital Advisors LLC purchased a new stake in shares of Union Pacific in the third quarter valued at approximately $30,000. Avidian Wealth Enterprises LLC boosted its stake in shares of Union Pacific by 43.5% in the third quarter. Avidian Wealth Enterprises LLC now owns 3,682 shares of the railroad operator’s stock valued at $908,000 after buying an additional 1,117 shares in the last quarter. Finally, Harvest Portfolios Group Inc. raised its holdings in Union Pacific by 13.2% during the third quarter. Harvest Portfolios Group Inc. now owns 4,355 shares of the railroad operator’s stock worth $1,073,000 after purchasing an additional 508 shares during the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Stock Up 0.6 %

Shares of UNP stock opened at $245.15 on Friday. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.07. The stock has a market cap of $148.14 billion, a PE ratio of 22.11, a price-to-earnings-growth ratio of 2.15 and a beta of 1.06. The business’s fifty day moving average is $240.64 and its 200-day moving average is $241.00. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (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 previous year, the firm posted $2.71 EPS. Equities analysts expect that Union Pacific Co. will post 11.99 earnings per share for the current fiscal 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 issued a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.19%. The ex-dividend date is Friday, February 28th. Union Pacific’s payout ratio is 48.33%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on UNP. Robert W. Baird lifted their price objective on Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. BMO Capital Markets boosted their price target on Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. Loop Capital cut Union Pacific from a “hold” rating to a “sell” rating and cut their price target for the stock from $265.00 to $200.00 in a report on Monday, February 3rd. Benchmark lifted their price objective on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Finally, Guggenheim boosted 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. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Union Pacific has a consensus rating of “Moderate Buy” and a consensus price target of $261.40.

Insider Buying and Selling

In related news, President Elizabeth F. Whited sold 7,500 shares of Union Pacific 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. The trade was a 10.35 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Craig V. Richardson sold 6,495 shares of Union Pacific 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 $6,632,388. The trade was a 19.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.28% 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.