Union Pacific Co. (NYSE:UNP) Shares Sold by Charter Oak Capital Management LLC

Charter Oak Capital Management LLC lessened its position in Union Pacific Co. (NYSE:UNP) by 14.7% during the fourth quarter, Holdings Channel reports. The fund owned 914 shares of the railroad operator’s stock after selling 158 shares during the quarter. Charter Oak Capital Management LLC’s holdings in Union Pacific were worth $209,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. NewEdge Advisors LLC boosted its position in shares of Union Pacific by 11.0% during the second quarter. NewEdge Advisors LLC now owns 87,566 shares of the railroad operator’s stock worth $19,813,000 after buying an additional 8,650 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in Union Pacific by 5.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 199,855 shares of the railroad operator’s stock valued at $45,218,000 after acquiring an additional 10,173 shares in the last quarter. Regal Investment Advisors LLC boosted its position in Union Pacific by 10.2% during the 2nd quarter. Regal Investment Advisors LLC now owns 1,691 shares of the railroad operator’s stock worth $383,000 after acquiring an additional 156 shares during the period. Kimelman & Baird LLC bought a new position in shares of Union Pacific in the second quarter worth $23,826,000. Finally, EP Wealth Advisors LLC increased its holdings in shares of Union Pacific by 3.0% during the second quarter. EP Wealth Advisors LLC now owns 203,750 shares of the railroad operator’s stock valued at $46,100,000 after purchasing an additional 5,992 shares during the period. 80.38% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on UNP shares. Robert W. Baird increased their target price on shares of Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a research report on Friday. Royal Bank of Canada decreased their price objective on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a report on Friday, October 25th. TD Cowen boosted their target price on Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a report on Friday. Wells Fargo & Company cut their target price on Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a research report on Tuesday, January 7th. Finally, Stifel Nicolaus boosted their price objective on Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday. Eight analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and a consensus target price of $263.30.

Union Pacific Price Performance

UNP opened at $254.19 on Tuesday. The firm has a market capitalization of $154.10 billion, a P/E ratio of 23.34, a PEG ratio of 2.12 and a beta of 1.06. The stock has a fifty day moving average of $234.05 and a 200-day moving average of $239.63. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.66.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data 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 return on equity of 41.79% and a net margin of 27.33%. During the same quarter last year, the firm posted $2.71 earnings per share. Equities analysts forecast that Union Pacific Co. will post 10.96 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Shareholders 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 2.11%. Union Pacific’s dividend payout ratio is presently 49.22%.

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.