Cottage Street Advisors LLC Sells 123 Shares of Union Pacific Co. (NYSE:UNP)

Cottage Street Advisors LLC trimmed its holdings in Union Pacific Co. (NYSE:UNP) by 1.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,489 shares of the railroad operator’s stock after selling 123 shares during the period. Union Pacific comprises about 1.2% of Cottage Street Advisors LLC’s investment portfolio, making the stock its 25th biggest position. Cottage Street Advisors LLC’s holdings in Union Pacific were worth $2,392,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Compass Financial Services Inc purchased a new position in Union Pacific in the 4th quarter worth approximately $25,000. Synergy Asset Management LLC purchased a new position in Union Pacific in the fourth quarter worth about $29,000. Dunhill Financial LLC increased its stake in Union Pacific by 111.5% during the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after acquiring an additional 68 shares during the last quarter. PrairieView Partners LLC purchased a new stake in Union Pacific during the 4th quarter valued at $34,000. Finally, Kentucky Trust Co bought a new stake in shares of Union Pacific in the 4th quarter worth about $40,000. Institutional investors own 80.38% of the company’s stock.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of the company’s 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 in the company, valued at $6,632,388. This represents a 19.79 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, President Elizabeth F. Whited sold 7,500 shares of Union Pacific stock in a transaction on 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 owns 64,960 shares in the company, valued at approximately $16,240,000. This represents a 10.35 % decrease in their position. The disclosure for this sale can be found here. 0.28% of the stock is owned by insiders.

Analysts Set New Price Targets

Several brokerages have recently weighed in on UNP. Guggenheim increased their price target on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Raymond James reissued a “strong-buy” rating and issued a $285.00 price objective (up from $265.00) on shares of Union Pacific in a research report on Friday, January 24th. Robert W. Baird increased their price objective on Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. TD Cowen lifted 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. Finally, Loop Capital downgraded Union Pacific from a “hold” rating to a “sell” rating and dropped their price target for the stock from $265.00 to $200.00 in a research report on Monday, February 3rd. One equities 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 issued a strong buy rating to the company. Based on data from MarketBeat, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus price target of $263.00.

Union Pacific Stock Up 0.3 %

Shares of UNP opened at $235.90 on Wednesday. The firm has a market cap of $142.55 billion, a P/E ratio of 21.27, a PEG ratio of 2.15 and a beta of 1.05. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.07. The stock’s 50 day moving average is $242.98 and its two-hundred day moving average is $239.73. 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 posted its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, topping 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 quarter in the previous year, the firm earned $2.71 earnings per share. Analysts predict that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be issued a $1.34 dividend. The ex-dividend date is Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a yield of 2.27%. Union Pacific’s payout ratio is 48.33%.

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.