Lockheed Martin Investment Management Co. Has $11.87 Million Holdings in Union Pacific Co. (NYSE:UNP)

Lockheed Martin Investment Management Co. boosted its stake in Union Pacific Co. (NYSE:UNP) by 9.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 52,040 shares of the railroad operator’s stock after buying an additional 4,580 shares during the period. Lockheed Martin Investment Management Co.’s holdings in Union Pacific were worth $11,867,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. Synergy Asset Management LLC bought a new position in shares of Union Pacific during the fourth quarter worth about $29,000. Catalyst Capital Advisors LLC acquired a new position in shares of Union Pacific in the 3rd quarter worth approximately $30,000. Jamison Private Wealth Management Inc. increased its position in shares of Union Pacific by 265.7% during the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after buying an additional 93 shares during the period. Peterson Financial Group Inc. acquired a new position in Union Pacific in the third quarter valued at $32,000. Finally, Dunhill Financial LLC boosted its position in Union Pacific by 111.5% during the third 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 last quarter. 80.38% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on UNP. Robert W. Baird lifted their price objective on Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Royal Bank of Canada dropped their price target on Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Wells Fargo & Company reduced their price objective on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a research report on Tuesday, January 7th. Guggenheim boosted their target price 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, JPMorgan Chase & Co. reduced their price target on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a report on Friday, October 25th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $261.40.

Union Pacific Trading Up 0.2 %

Shares of UNP stock opened at $243.46 on Wednesday. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.63 and a current ratio of 0.77. The company has a market capitalization of $147.60 billion, a price-to-earnings ratio of 21.95, a PEG ratio of 2.15 and a beta of 1.06. Union Pacific Co. has a 52-week low of $218.55 and a 52-week high of $258.66. The company has a 50-day simple moving average of $235.29 and a two-hundred day simple moving average of $240.11.

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 the consensus estimate 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 period last year, the firm earned $2.71 earnings per share. Research analysts anticipate that Union Pacific Co. will post 12.03 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were issued a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.20%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific’s dividend payout ratio (DPR) is currently 48.33%.

Insider Activity at Union Pacific

In other news, President Elizabeth F. Whited sold 7,500 shares of the stock in a transaction 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 completion of the transaction, the president now owns 64,960 shares in the company, valued at approximately $16,240,000. This represents a 10.35 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Craig V. Richardson sold 6,495 shares of the business’s stock in a transaction dated Monday, January 27th. The shares were 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 in the company, valued at $6,632,388. This represents a 19.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.26% of the stock is owned by company insiders.

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.