Union Pacific Co. (NYSE:UNP) Position Increased by Moors & Cabot Inc.

Moors & Cabot Inc. increased its stake in Union Pacific Co. (NYSE:UNP) by 1.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 25,751 shares of the railroad operator’s stock after purchasing an additional 437 shares during the period. Moors & Cabot Inc.’s holdings in Union Pacific were worth $5,872,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in UNP. Compass Financial Services Inc bought a new stake in shares of Union Pacific in the 4th quarter worth approximately $25,000. Synergy Asset Management LLC acquired a new stake in Union Pacific in the 4th quarter valued at approximately $29,000. Peterson Financial Group Inc. acquired a new stake in Union Pacific in the 3rd quarter valued at approximately $32,000. Dunhill Financial LLC increased its position in Union Pacific by 111.5% in the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after acquiring an additional 68 shares during the period. Finally, PrairieView Partners LLC acquired a new stake in Union Pacific in the 4th quarter valued at approximately $34,000. Institutional investors own 80.38% of the company’s stock.

Insider Activity at Union Pacific

In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of the business’s stock in a transaction dated 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 sale, 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 Securities & Exchange Commission, which is available at this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of the business’s stock in a transaction dated 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 completion of the sale, the president now directly owns 64,960 shares of the company’s stock, valued at $16,240,000. This represents a 10.35 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.26% of the company’s stock.

Analysts Set New Price Targets

UNP has been the topic of several analyst reports. Barclays raised their target price on Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a research report on Wednesday, November 13th. Benchmark raised 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. Raymond James restated a “strong-buy” rating and issued a $285.00 target price (up from $265.00) on shares of Union Pacific in a research report on Friday, January 24th. Guggenheim lifted 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. Finally, Robert W. Baird lifted their price target on Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $263.00.

Union Pacific Stock Performance

Shares of Union Pacific stock opened at $237.72 on Wednesday. The stock has a market cap of $143.65 billion, a PE ratio of 21.44, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05. The business has a fifty day simple moving average of $241.63 and a 200-day simple moving average of $240.91. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.07.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 business earned $2.71 earnings per share. On average, sell-side analysts anticipate that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be given a dividend of $1.34 per share. The ex-dividend date is Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a yield of 2.25%. Union Pacific’s payout ratio is 48.33%.

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.