Invesco LLC Purchases 173 Shares of Union Pacific Co. (NYSE:UNP)

Invesco LLC lifted its position in shares of Union Pacific Co. (NYSE:UNP) by 14.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,412 shares of the railroad operator’s stock after buying an additional 173 shares during the quarter. Invesco LLC’s holdings in Union Pacific were worth $322,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Regal Investment Advisors LLC grew its position in shares of Union Pacific by 10.2% during the second quarter. Regal Investment Advisors LLC now owns 1,691 shares of the railroad operator’s stock worth $383,000 after purchasing an additional 156 shares in the last quarter. Truist Financial Corp grew its holdings in Union Pacific by 0.8% during the 2nd quarter. Truist Financial Corp now owns 930,747 shares of the railroad operator’s stock valued at $210,591,000 after buying an additional 7,023 shares in the last quarter. SPC Financial Inc. raised its position in shares of Union Pacific by 10.5% during the second quarter. SPC Financial Inc. now owns 5,368 shares of the railroad operator’s stock valued at $1,215,000 after buying an additional 511 shares during the last quarter. 3Chopt Investment Partners LLC bought a new stake in shares of Union Pacific during the second quarter valued at approximately $203,000. Finally, Wealthquest Corp lifted its holdings in shares of Union Pacific by 8.0% in the second quarter. Wealthquest Corp now owns 1,054 shares of the railroad operator’s stock worth $238,000 after buying an additional 78 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Up 1.1 %

Union Pacific stock traded up $2.72 during mid-day trading on Wednesday, hitting $251.88. The company’s stock had a trading volume of 863,388 shares, compared to its average volume of 2,806,768. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. The company has a 50 day moving average of $234.77 and a 200-day moving average of $239.94. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.66. The stock has a market cap of $152.70 billion, a PE ratio of 23.13, a P/E/G ratio of 2.12 and a beta of 1.06.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, topping analysts’ consensus estimates of $2.76 by $0.15. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. During the same period in the previous year, the firm earned $2.71 EPS. On average, research analysts anticipate that Union Pacific Co. will post 10.96 EPS for the current year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were paid a $1.34 dividend. The ex-dividend date was Monday, December 9th. This represents a $5.36 annualized dividend and a yield of 2.13%. Union Pacific’s dividend payout ratio (DPR) is currently 49.22%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. StockNews.com downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Susquehanna decreased their target price on Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. TD Cowen raised their price target on Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a report on Friday, January 24th. Raymond James reaffirmed a “strong-buy” rating and set a $285.00 price objective (up from $265.00) on shares of Union Pacific in a report on Friday, January 24th. Finally, Barclays raised their target price on shares of Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a report on Wednesday, November 13th. Eight investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $263.30.

Insiders Place Their Bets

In related news, EVP Craig V. Richardson sold 6,495 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the executive vice president now owns 26,319 shares of the company’s stock, valued at $6,632,388. The trade was a 19.79 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, President Elizabeth F. Whited sold 7,500 shares of the stock in a transaction on Friday, January 24th. The shares were 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 in the company, valued at $16,240,000. This trade represents a 10.35 % decrease in their position. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by company insiders.

About Union Pacific

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.