BBR Partners LLC raised its position in Union Pacific Co. (NYSE:UNP – Free Report) by 2.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 19,952 shares of the railroad operator’s stock after buying an additional 490 shares during the quarter. BBR Partners LLC’s holdings in Union Pacific were worth $4,550,000 at the end of the most recent quarter.
Other hedge funds have also recently bought and sold shares of the company. Compass Financial Services Inc bought a new position in shares of Union Pacific in the 4th quarter worth $25,000. Synergy Asset Management LLC bought a new position in shares of Union Pacific in the 4th quarter worth $29,000. Catalyst Capital Advisors LLC bought a new position in shares of Union Pacific in the 3rd quarter worth $30,000. Dunhill Financial LLC boosted its position in shares of Union Pacific by 111.5% in the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 68 shares during the last quarter. Finally, Peterson Financial Group Inc. bought a new position in shares of Union Pacific in the 3rd quarter worth $32,000. 80.38% of the stock is currently owned by institutional investors.
Union Pacific Trading Up 0.6 %
Union Pacific stock opened at $245.15 on Friday. Union Pacific Co. has a 52 week low of $218.55 and a 52 week high of $258.07. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. The stock has a market capitalization of $148.14 billion, a P/E ratio of 22.11, a PEG ratio of 2.15 and a beta of 1.06. The stock has a 50-day simple moving average of $240.64 and a 200 day simple moving average of $241.00.
Union Pacific Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be issued a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.19%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific’s dividend payout ratio is presently 48.33%.
Analysts Set New Price Targets
Several research analysts have recently issued reports on UNP shares. Benchmark raised their price target on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Barclays lifted their price target on Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a research note on Wednesday, November 13th. Raymond James reissued a “strong-buy” rating and issued a $285.00 price target (up previously from $265.00) on shares of Union Pacific in a research note on Friday, January 24th. Citigroup lifted their price target on Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research note on Friday, January 24th. Finally, Guggenheim lifted their target price 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 equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $261.40.
Check Out Our Latest Research Report on Union Pacific
Insider Transactions at Union Pacific
In other news, President Elizabeth F. Whited sold 7,500 shares of the business’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 completion of the sale, the president now owns 64,960 shares in the company, valued at $16,240,000. The trade was a 10.35 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, 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 sale, the executive vice president now owns 26,319 shares of the company’s stock, 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. Corporate 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.
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