Union Pacific Co. (NYSE:UNP) Position Reduced by Amica Retiree Medical Trust

Amica Retiree Medical Trust lowered its position in shares of Union Pacific Co. (NYSE:UNP) by 8.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,683 shares of the railroad operator’s stock after selling 493 shares during the quarter. Union Pacific accounts for about 1.2% of Amica Retiree Medical Trust’s holdings, making the stock its 17th largest position. Amica Retiree Medical Trust’s holdings in Union Pacific were worth $1,296,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. State Street Corp boosted its position in shares of Union Pacific by 0.9% in the third quarter. State Street Corp now owns 24,788,337 shares of the railroad operator’s stock worth $6,109,829,000 after buying an additional 217,780 shares during the period. Geode Capital Management LLC grew its stake in Union Pacific by 1.4% during the 3rd quarter. Geode Capital Management LLC now owns 12,813,686 shares of the railroad operator’s stock valued at $3,146,451,000 after acquiring an additional 182,620 shares in the last quarter. Franklin Resources Inc. increased its holdings in shares of Union Pacific by 9.3% in the 3rd quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator’s stock valued at $1,795,993,000 after purchasing an additional 625,492 shares during the period. Fisher Asset Management LLC lifted its position in shares of Union Pacific by 0.3% in the fourth quarter. Fisher Asset Management LLC now owns 6,305,684 shares of the railroad operator’s stock worth $1,437,948,000 after purchasing an additional 20,099 shares in the last quarter. Finally, FMR LLC increased its stake in Union Pacific by 0.6% in the 3rd quarter. FMR LLC now owns 5,020,107 shares of the railroad operator’s stock valued at $1,237,356,000 after buying an additional 31,899 shares during the period. Hedge funds and other 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 that occurred on Monday, January 27th. The shares were 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 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 transaction 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. This represents a 10.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.28% of the company’s stock.

Union Pacific Price Performance

Union Pacific stock opened at $238.04 on Thursday. Union Pacific Co. has a 52 week low of $218.55 and a 52 week high of $258.07. The business’s fifty day moving average is $243.12 and its two-hundred day moving average is $239.72. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. The firm has a market cap of $143.84 billion, a P/E ratio of 21.46, a P/E/G ratio of 2.15 and a beta of 1.05.

Union Pacific (NYSE:UNP) last released its earnings results 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 return on equity of 41.12% and a net margin of 27.82%. During the same quarter in the prior year, the company earned $2.71 earnings per share. Equities research analysts forecast that Union Pacific Co. will post 11.99 earnings per share 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 of this dividend 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%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on UNP shares. Loop Capital cut shares of Union Pacific from a “hold” rating to a “sell” rating and reduced their target price for the company from $265.00 to $200.00 in a research note on Monday, February 3rd. Citigroup increased 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. Raymond James reiterated a “strong-buy” rating and set a $285.00 price target (up previously from $265.00) on shares of Union Pacific in a research note on Friday, January 24th. Wells Fargo & Company cut their price objective 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. Finally, BMO Capital Markets upped their target price on Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $263.00.

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.