Birchcreek Wealth Management LLC decreased its position in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 11.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,476 shares of the railroad operator’s stock after selling 196 shares during the period. Birchcreek Wealth Management LLC’s holdings in Union Pacific were worth $337,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in UNP. Compass Financial Services Inc purchased a new stake in Union Pacific during the 4th quarter worth $25,000. Synergy Asset Management LLC purchased a new stake in Union Pacific during the 4th quarter worth $29,000. Catalyst Capital Advisors LLC purchased a new stake in Union Pacific during the 3rd quarter worth $30,000. Peterson Financial Group Inc. purchased a new stake in Union Pacific during the 3rd quarter worth $32,000. Finally, Dunhill Financial LLC increased its stake in Union Pacific by 111.5% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after buying an additional 68 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.
Union Pacific Trading Down 0.9 %
Union Pacific stock opened at $245.43 on Monday. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. The firm has a 50-day moving average price of $237.68 and a two-hundred day moving average price of $240.73. The firm has a market capitalization of $148.31 billion, a price-to-earnings ratio of 22.13, 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.
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. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.18%. The ex-dividend date is Friday, February 28th. Union Pacific’s dividend payout ratio is currently 48.33%.
Insider Transactions at Union Pacific
In other 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 value of $1,875,000.00. Following the completion of the sale, the president now directly owns 64,960 shares of the company’s stock, valued at approximately $16,240,000. This represents a 10.35 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Craig V. Richardson sold 6,495 shares of the company’s 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 completion of the sale, the executive vice president now directly owns 26,319 shares of the company’s stock, valued at approximately $6,632,388. This represents a 19.79 % 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.
Wall Street Analyst Weigh In
UNP has been the subject of several research analyst reports. Raymond James reissued a “strong-buy” rating and issued a $285.00 target price (up previously from $265.00) on shares of Union Pacific in a research report on Friday, January 24th. Citigroup boosted their target price on shares of Union Pacific from $254.00 to $260.00 and gave the stock a “neutral” rating in a research report on Friday, January 24th. Benchmark boosted their target price on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Guggenheim boosted their target price on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Finally, BMO Capital Markets lifted their price target on shares of Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a report on Friday, January 24th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $261.40.
Get Our Latest Research Report on Union Pacific
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.
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