Calamos Advisors LLC Sells 159,187 Shares of Union Pacific Co. (NYSE:UNP)

Calamos Advisors LLC cut its position in shares of Union Pacific Co. (NYSE:UNP) by 46.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 181,736 shares of the railroad operator’s stock after selling 159,187 shares during the period. Calamos Advisors LLC’s holdings in Union Pacific were worth $41,443,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of UNP. Patron Partners LLC lifted its position in Union Pacific by 13.8% during the fourth quarter. Patron Partners LLC now owns 4,239 shares of the railroad operator’s stock valued at $967,000 after acquiring an additional 515 shares during the last quarter. abrdn plc raised its holdings in shares of Union Pacific by 9.3% in the fourth quarter. abrdn plc now owns 415,874 shares of the railroad operator’s stock worth $94,588,000 after buying an additional 35,414 shares during the last quarter. Trust Point Inc. increased its position in shares of Union Pacific by 17.5% in the 4th quarter. Trust Point Inc. now owns 6,104 shares of the railroad operator’s stock valued at $1,392,000 after acquiring an additional 908 shares during the period. Childress Capital Advisors LLC raised its stake in Union Pacific by 2.7% in the 4th quarter. Childress Capital Advisors LLC now owns 2,243 shares of the railroad operator’s stock worth $512,000 after acquiring an additional 60 shares during the last quarter. Finally, Fourpath Capital Management LLC lifted its position in Union Pacific by 0.4% during the 4th quarter. Fourpath Capital Management LLC now owns 47,282 shares of the railroad operator’s stock worth $10,782,000 after acquiring an additional 183 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Insider Transactions at Union Pacific

In other news, EVP Craig V. Richardson sold 6,495 shares of the firm’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 transaction of $1,636,740.00. Following the transaction, the executive vice president now directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of the 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 sale, the president now owns 64,960 shares in the company, valued at $16,240,000. This represents a 10.35 % decrease in their position. The disclosure for this sale can be found here. 0.26% of the stock is owned by company insiders.

Union Pacific Stock Down 1.9 %

Shares of Union Pacific stock opened at $243.16 on Tuesday. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.66. The stock’s fifty day moving average is $235.41 and its 200-day moving average is $240.11. The firm has a market capitalization of $147.42 billion, a PE ratio of 21.93, a price-to-earnings-growth ratio of 2.15 and a beta of 1.06. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.76.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 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 quarter in the prior year, the firm earned $2.71 EPS. Equities analysts anticipate that Union Pacific Co. will post 12.03 earnings per share for the current year.

Union Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were given a $1.34 dividend. The ex-dividend date was Monday, December 9th. This represents a $5.36 annualized dividend and a yield of 2.20%. Union Pacific’s payout ratio is 48.33%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on UNP. Susquehanna decreased their price objective on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a report on Friday, October 25th. TD Cowen upped their price objective on 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 decreased their target price on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a research note on Tuesday, January 7th. Benchmark raised their price target on shares of Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Finally, Barclays boosted their price objective on Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 13th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $261.40.

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.