Union Pacific Co. (NYSE:UNP) Shares Bought by Larson Financial Group LLC

Larson Financial Group LLC grew its position in Union Pacific Co. (NYSE:UNP) by 7.0% in the fourth quarter, HoldingsChannel reports. The fund owned 2,333 shares of the railroad operator’s stock after acquiring an additional 152 shares during the quarter. Larson Financial Group LLC’s holdings in Union Pacific were worth $532,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of UNP. Howard Capital Management Group LLC increased its position in shares of Union Pacific by 16.4% in the third quarter. Howard Capital Management Group LLC now owns 2,860 shares of the railroad operator’s stock valued at $705,000 after buying an additional 403 shares in the last quarter. Impax Asset Management Group plc grew its stake in Union Pacific by 2,025.4% in the 3rd quarter. Impax Asset Management Group plc now owns 546,236 shares of the railroad operator’s stock valued at $134,636,000 after acquiring an additional 520,536 shares during the period. Fiera Capital Corp increased its holdings in Union Pacific by 7.2% in the 3rd quarter. Fiera Capital Corp now owns 14,892 shares of the railroad operator’s stock worth $3,671,000 after acquiring an additional 995 shares in the last quarter. Leavell Investment Management Inc. raised its position in Union Pacific by 0.7% during the third quarter. Leavell Investment Management Inc. now owns 9,228 shares of the railroad operator’s stock worth $2,274,000 after acquiring an additional 60 shares during the period. Finally, CWA Asset Management Group LLC purchased a new position in Union Pacific during the third quarter valued at $1,865,000. 80.38% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Price Performance

NYSE:UNP opened at $249.84 on Monday. Union Pacific Co. has a 52 week low of $218.55 and a 52 week high of $258.07. The stock’s fifty day moving average is $241.04 and its two-hundred day moving average is $240.95. The company has a market capitalization of $150.98 billion, a P/E ratio of 22.53, a P/E/G ratio of 2.15 and a beta of 1.05. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76.

Union Pacific (NYSE:UNP) last posted its earnings results 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 period in the previous year, the company earned $2.71 EPS. Equities analysts expect that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be issued a $1.34 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $5.36 annualized dividend and a yield of 2.15%. Union Pacific’s dividend payout ratio (DPR) is presently 48.33%.

Analysts Set New Price Targets

A number of analysts have recently commented on the stock. 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 note on Friday, January 24th. Citigroup increased their target price on Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a report on Friday, January 24th. Wells Fargo & Company lowered their price target on Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 7th. Raymond James reiterated a “strong-buy” rating and set a $285.00 price target (up from $265.00) on shares of Union Pacific in a research report on Friday, January 24th. Finally, Loop Capital lowered Union Pacific from a “hold” rating to a “sell” rating and decreased their price objective for the company from $265.00 to $200.00 in a report on Monday, February 3rd. One research analyst has rated the stock with a sell rating, seven have given a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $263.00.

Insider Buying and Selling at Union Pacific

In other news, EVP Craig V. Richardson sold 6,495 shares of Union Pacific stock in a transaction on Monday, January 27th. The stock was 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 directly owns 26,319 shares of the company’s stock, valued at approximately $6,632,388. The trade was a 19.79 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of the stock in a transaction dated Friday, January 24th. The stock was sold at an average price of $250.00, for a total value of $1,875,000.00. Following the transaction, the president now directly owns 64,960 shares in the company, valued at approximately $16,240,000. The trade was a 10.35 % decrease in their position. The disclosure for this sale can be found here. 0.28% of the stock is owned by corporate insiders.

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.