Arcadia Investment Management Corp MI Cuts Stock Holdings in Union Pacific Co. (NYSE:UNP)

Arcadia Investment Management Corp MI lowered its stake in Union Pacific Co. (NYSE:UNP) by 30.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 171 shares of the railroad operator’s stock after selling 75 shares during the period. Arcadia Investment Management Corp MI’s holdings in Union Pacific were worth $39,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Roble Belko & Company Inc increased its stake in Union Pacific by 26.8% in the 4th quarter. Roble Belko & Company Inc now owns 213 shares of the railroad operator’s stock worth $49,000 after purchasing an additional 45 shares during the period. Pflug Koory LLC lifted its position in shares of Union Pacific by 0.5% in the 4th quarter. Pflug Koory LLC now owns 8,569 shares of the railroad operator’s stock worth $1,954,000 after purchasing an additional 45 shares during the period. Baron Wealth Management LLC lifted its position in shares of Union Pacific by 3.3% in the 4th quarter. Baron Wealth Management LLC now owns 1,409 shares of the railroad operator’s stock worth $321,000 after purchasing an additional 45 shares during the period. Regatta Capital Group LLC boosted its stake in shares of Union Pacific by 2.8% during the 4th quarter. Regatta Capital Group LLC now owns 1,672 shares of the railroad operator’s stock valued at $381,000 after purchasing an additional 46 shares in the last quarter. Finally, True Link Financial Advisors LLC increased its position in shares of Union Pacific by 1.2% during the third quarter. True Link Financial Advisors LLC now owns 4,016 shares of the railroad operator’s stock valued at $990,000 after buying an additional 47 shares during the period. Institutional investors own 80.38% of the company’s stock.

Insider Transactions at Union Pacific

In related 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 value of $1,636,740.00. Following the sale, the executive vice president now owns 26,319 shares in the company, 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 SEC, which can be accessed through the SEC website. Also, President Elizabeth F. Whited sold 7,500 shares of the business’s stock in a transaction 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 sale, 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 disclosure for this sale can be found here. Company insiders own 0.28% of the company’s stock.

Union Pacific Stock Performance

Shares of UNP opened at $245.43 on Friday. The company has a market cap of $148.31 billion, a price-to-earnings ratio of 22.13, a P/E/G ratio of 2.15 and a beta of 1.06. The business’s fifty day simple moving average is $237.68 and its two-hundred day simple moving average is $240.69. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.66. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 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 quarter in the previous year, the firm earned $2.71 EPS. Research analysts anticipate that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be paid a $1.34 dividend. The ex-dividend date is Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.18%. Union Pacific’s dividend payout ratio is presently 48.33%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. TD Cowen raised their target price on Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Robert W. Baird boosted their target price on shares of Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a report on Friday, January 24th. BMO Capital Markets upped their target price on shares of Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Benchmark lifted 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, JPMorgan Chase & Co. dropped their price objective on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target 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.