Borer Denton & Associates Inc. Has $9.41 Million Stock Position in Union Pacific Co. (NYSE:UNP)

Borer Denton & Associates Inc. lifted its position in Union Pacific Co. (NYSE:UNP) by 0.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 41,246 shares of the railroad operator’s stock after purchasing an additional 77 shares during the quarter. Union Pacific accounts for approximately 3.3% of Borer Denton & Associates Inc.’s holdings, making the stock its 12th biggest holding. Borer Denton & Associates Inc.’s holdings in Union Pacific were worth $9,406,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Howard Capital Management Group LLC lifted its stake in Union Pacific by 16.4% in the third quarter. Howard Capital Management Group LLC now owns 2,860 shares of the railroad operator’s stock valued at $705,000 after acquiring an additional 403 shares during the last quarter. Larson Financial Group LLC lifted its holdings in shares of Union Pacific by 10.7% during the third quarter. Larson Financial Group LLC now owns 2,181 shares of the railroad operator’s stock worth $537,000 after purchasing an additional 210 shares during the period. DRW Securities LLC lifted its position in shares of Union Pacific by 391.0% in the 3rd quarter. DRW Securities LLC now owns 6,624 shares of the railroad operator’s stock worth $1,633,000 after purchasing an additional 5,275 shares during the period. Loomis Sayles & Co. L P lifted its stake in Union Pacific by 40.2% in the third quarter. Loomis Sayles & Co. L P now owns 30,837 shares of the railroad operator’s stock valued at $7,601,000 after buying an additional 8,847 shares during the period. Finally, Hancock Whitney Corp grew its stake in shares of Union Pacific by 2.3% in the 3rd quarter. Hancock Whitney Corp now owns 3,175 shares of the railroad operator’s stock valued at $783,000 after buying an additional 71 shares during the period. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, EVP Craig V. Richardson sold 6,495 shares of Union Pacific 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 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, President Elizabeth F. Whited sold 7,500 shares of the company’s 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 completion of the sale, the president now owns 64,960 shares of the company’s stock, valued at approximately $16,240,000. The trade was a 10.35 % 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.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on UNP shares. Robert W. Baird raised their target price on Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Loop Capital downgraded shares of Union Pacific from a “hold” rating to a “sell” rating and decreased their target price for the stock from $265.00 to $200.00 in a research note on Monday, February 3rd. Raymond James reiterated a “strong-buy” rating and set a $285.00 price target (up previously from $265.00) on shares of Union Pacific in a research report on Friday, January 24th. TD Cowen lifted their target price on shares of Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a report on Friday, January 24th. Finally, Citigroup upped their price objective on Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $263.00.

Union Pacific Price Performance

Shares of UNP opened at $235.90 on Wednesday. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.07. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. The company has a market capitalization of $142.55 billion, a price-to-earnings ratio of 21.27, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05. The business has a 50-day moving average of $242.98 and a 200-day moving average of $239.73.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, topping the consensus estimate of $2.76 by $0.15. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. During the same period in the prior year, the firm posted $2.71 earnings per share. As a group, equities research analysts anticipate that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The firm also recently disclosed 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. The ex-dividend date of this dividend is Friday, February 28th. This represents a $5.36 annualized dividend and a yield of 2.27%. Union Pacific’s payout ratio is 48.33%.

Union Pacific 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.