DecisionMap Wealth Management LLC purchased a new position in shares of Union Pacific Co. (NYSE:UNP – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 1,338 shares of the railroad operator’s stock, valued at approximately $305,000.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Howard Capital Management Group LLC grew its position in shares of Union Pacific by 16.4% during the 3rd quarter. Howard Capital Management Group LLC now owns 2,860 shares of the railroad operator’s stock valued at $705,000 after acquiring an additional 403 shares during the period. Impax Asset Management Group plc grew its position in shares of Union Pacific by 2,025.4% during 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. Nations Financial Group Inc. IA ADV grew its position in shares of Union Pacific by 42.0% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 5,149 shares of the railroad operator’s stock valued at $1,269,000 after acquiring an additional 1,522 shares during the period. WCM Investment Management LLC grew its position in shares of Union Pacific by 326.6% during the 3rd quarter. WCM Investment Management LLC now owns 5,870 shares of the railroad operator’s stock valued at $1,433,000 after acquiring an additional 4,494 shares during the period. Finally, Harbour Investments Inc. grew its position in shares of Union Pacific by 3.6% during the 3rd quarter. Harbour Investments Inc. now owns 8,906 shares of the railroad operator’s stock valued at $2,195,000 after acquiring an additional 309 shares during the period. 80.38% of the stock is owned by institutional investors and hedge funds.
Insider Activity at Union Pacific
In other news, President Elizabeth F. Whited sold 7,500 shares of the company’s stock in a transaction dated 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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 stock was 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 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 disclosure for this sale can be found here. 0.26% of the stock is owned by corporate insiders.
Union Pacific Price Performance
Union Pacific (NYSE:UNP – Get Free Report) last announced its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share 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 firm earned $2.71 earnings per share. Equities analysts expect that Union Pacific Co. will post 11.99 EPS for the current fiscal year.
Union Pacific Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be given a $1.34 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a yield of 2.26%. Union Pacific’s dividend payout ratio (DPR) is presently 48.33%.
Analysts Set New Price Targets
UNP has been the topic of a number of analyst reports. 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 report on Friday, January 24th. Raymond James reissued a “strong-buy” rating and issued a $285.00 target price (up from $265.00) on shares of Union Pacific in a research note on Friday, January 24th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Union Pacific in a research note on Friday, March 7th. They issued a “buy” rating and a $295.00 target price on the stock. Stifel Nicolaus lifted their price target on shares of Union Pacific from $253.00 to $270.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Finally, BMO Capital Markets lifted their target price 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 issued a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $263.00.
View Our Latest Stock Report on UNP
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.
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