Union Pacific Co. (NYSE:UNP) Shares Acquired by Everett Harris & Co. CA

Everett Harris & Co. CA boosted its holdings in Union Pacific Co. (NYSE:UNP) by 21.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 64,472 shares of the railroad operator’s stock after purchasing an additional 11,371 shares during the quarter. Everett Harris & Co. CA’s holdings in Union Pacific were worth $14,702,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC boosted its holdings in shares of Union Pacific by 19,878.6% in the third quarter. International Assets Investment Management LLC now owns 896,040 shares of the railroad operator’s stock valued at $220,856,000 after acquiring an additional 891,555 shares during the period. Franklin Resources Inc. grew its position in Union Pacific by 9.3% during the 3rd quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator’s stock worth $1,795,993,000 after purchasing an additional 625,492 shares during the last quarter. Impax Asset Management Group plc raised its holdings in shares of Union Pacific by 2,025.4% in the third quarter. Impax Asset Management Group plc now owns 546,236 shares of the railroad operator’s stock valued at $134,636,000 after buying an additional 520,536 shares during the last quarter. Jennison Associates LLC grew its holdings in shares of Union Pacific by 170.9% during the third quarter. Jennison Associates LLC now owns 736,246 shares of the railroad operator’s stock worth $181,470,000 after buying an additional 464,477 shares during the last quarter. Finally, Assenagon Asset Management S.A. raised its stake in Union Pacific by 35.8% during the 4th quarter. Assenagon Asset Management S.A. now owns 1,226,100 shares of the railroad operator’s stock valued at $279,600,000 after acquiring an additional 323,525 shares during the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have weighed in on the company. JPMorgan Chase & Co. lowered their target price on Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Stifel Nicolaus lifted their price objective on shares of Union Pacific from $253.00 to $270.00 and gave the company a “buy” rating in a research report on Friday, January 24th. TD Cowen upped their price objective on shares of Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Wells Fargo & Company lowered their target price on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a report on Tuesday, January 7th. Finally, Sanford C. Bernstein reduced their price objective on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research report on Wednesday, October 9th. Eight analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $263.30.

Union Pacific Stock Performance

NYSE UNP opened at $247.85 on Friday. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. The stock has a market cap of $150.26 billion, a price-to-earnings ratio of 22.35, a price-to-earnings-growth ratio of 2.16 and a beta of 1.06. Union Pacific Co. has a fifty-two week low of $218.55 and a fifty-two week high of $258.66. The business has a fifty day moving average of $235.31 and a 200-day moving average of $240.08.

Union Pacific (NYSE:UNP) last released its earnings results 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 net margin of 27.82% and a return on equity of 41.12%. During the same period last year, the business posted $2.71 EPS. As a group, analysts predict that Union Pacific Co. will post 12.03 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were issued a $1.34 dividend. The ex-dividend date was Monday, December 9th. This represents a $5.36 annualized dividend and a yield of 2.16%. Union Pacific’s dividend payout ratio (DPR) is presently 48.33%.

Insider Transactions at Union Pacific

In related news, President Elizabeth F. Whited sold 7,500 shares of the company’s stock in a transaction that occurred on Friday, January 24th. The shares were sold at an average price of $250.00, for a total transaction of $1,875,000.00. Following the completion of the transaction, the president now owns 64,960 shares of the company’s stock, valued at approximately $16,240,000. This represents a 10.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Craig V. Richardson sold 6,495 shares of the stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $252.00, for a total transaction of $1,636,740.00. Following the transaction, the executive vice president now directly owns 26,319 shares in the company, valued at approximately $6,632,388. This represents a 19.79 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.28% of the company’s stock.

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.