Clearstead Trust LLC Boosts Stock Position in Union Pacific Co. (NYSE:UNP)

Clearstead Trust LLC grew its stake in Union Pacific Co. (NYSE:UNP) by 212.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,540 shares of the railroad operator’s stock after purchasing an additional 2,408 shares during the period. Clearstead Trust LLC’s holdings in Union Pacific were worth $807,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in UNP. Roble Belko & Company Inc lifted 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 valued at $49,000 after buying an additional 45 shares in the last quarter. Pflug Koory LLC raised its holdings in Union Pacific by 0.5% in the 4th quarter. Pflug Koory LLC now owns 8,569 shares of the railroad operator’s stock valued at $1,954,000 after acquiring an additional 45 shares during the last quarter. Baron Wealth Management LLC raised its holdings in Union Pacific by 3.3% in the 4th quarter. Baron Wealth Management LLC now owns 1,409 shares of the railroad operator’s stock valued at $321,000 after acquiring an additional 45 shares during the last quarter. Regatta Capital Group LLC increased its holdings 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 worth $381,000 after buying an additional 46 shares during the last quarter. Finally, Ironwood Investment Counsel LLC increased its holdings in shares of Union Pacific by 1.3% during the 4th quarter. Ironwood Investment Counsel LLC now owns 3,458 shares of the railroad operator’s stock worth $789,000 after buying an additional 46 shares during the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Trading Up 1.5 %

Shares of UNP opened at $237.71 on Friday. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.07. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76. The stock has a 50 day simple moving average of $242.05 and a 200-day simple moving average of $240.77. The stock has a market cap of $143.65 billion, a PE ratio of 21.43, a PEG ratio of 2.15 and a beta of 1.05.

Union Pacific (NYSE:UNP) last released 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 return on equity of 41.12% and a net margin of 27.82%. During the same quarter in the previous year, the business posted $2.71 earnings per share. On average, sell-side analysts predict that Union Pacific Co. will post 11.99 EPS 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 given a $1.34 dividend. The ex-dividend date is Friday, February 28th. This represents a $5.36 annualized dividend and a dividend yield of 2.25%. Union Pacific’s dividend payout ratio is currently 48.33%.

Analyst Ratings Changes

UNP has been the subject of several recent research reports. Robert W. Baird increased their price target on Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a report on Friday, January 24th. Loop Capital cut shares of Union Pacific from a “hold” rating to a “sell” rating and reduced their price target for the stock from $265.00 to $200.00 in a research report on Monday, February 3rd. Raymond James restated a “strong-buy” rating and issued a $285.00 price target (up previously from $265.00) on shares of Union Pacific in a research note on Friday, January 24th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Union Pacific in a research note on Friday, March 7th. They set a “buy” rating and a $295.00 price objective on the stock. Finally, TD Cowen raised their target price on shares of Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a report on Friday, January 24th. One investment 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. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $263.00.

Insider Transactions at Union Pacific

In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of Union Pacific 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 directly owns 26,319 shares in the company, valued at approximately $6,632,388. The trade was a 19.79 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, President Elizabeth F. Whited sold 7,500 shares of Union Pacific 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 in the company, valued at $16,240,000. This represents a 10.35 % decrease in their position. The disclosure for this sale can be found here. 0.26% of the stock is owned by corporate 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.