Nemes Rush Group LLC Has $12.15 Million Stock Position in Union Pacific Co. (NYSE:UNP)

Nemes Rush Group LLC increased its holdings in shares of Union Pacific Co. (NYSE:UNP) by 9.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 53,265 shares of the railroad operator’s stock after buying an additional 4,442 shares during the quarter. Union Pacific accounts for approximately 1.5% of Nemes Rush Group LLC’s holdings, making the stock its 22nd largest holding. Nemes Rush Group LLC’s holdings in Union Pacific were worth $12,147,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. State Street Corp raised its position in shares of Union Pacific by 0.9% during the third quarter. State Street Corp now owns 24,788,337 shares of the railroad operator’s stock worth $6,109,829,000 after purchasing an additional 217,780 shares during the period. Geode Capital Management LLC increased 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 worth $3,146,451,000 after purchasing an additional 182,620 shares in the last quarter. Norges Bank bought a new stake in Union Pacific during the 4th quarter worth approximately $1,927,377,000. Franklin Resources Inc. raised its holdings in Union Pacific by 5.0% during the 4th quarter. Franklin Resources Inc. now owns 7,686,387 shares of the railroad operator’s stock worth $1,752,804,000 after buying an additional 363,937 shares during the period. Finally, Fisher Asset Management LLC lifted its stake in 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 valued at $1,437,948,000 after buying an additional 20,099 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors.

Insider Activity at Union Pacific

In other news, President Elizabeth F. Whited sold 7,500 shares of the 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 completion of 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 position. The sale was disclosed in a legal 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 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 sale, the executive vice president now owns 26,319 shares in the company, valued at $6,632,388. This represents a 19.79 % decrease in their position. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. TD Cowen raised their price objective 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. BMO Capital Markets upped their price objective on Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Susquehanna decreased their price objective on Union Pacific from $265.00 to $255.00 and set a “neutral” rating for the company in a report on Thursday, March 27th. Guggenheim lifted their price objective on shares of Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a report on Friday, January 24th. Finally, Wells Fargo & Company cut their price target on shares of Union Pacific from $265.00 to $260.00 and set an “overweight” rating on the stock in a research report on Thursday, March 27th. 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, Union Pacific has an average rating of “Moderate Buy” and an average target price of $262.76.

Union Pacific Trading Up 1.8 %

UNP opened at $236.37 on Tuesday. The company has a 50-day simple moving average of $243.16 and a 200 day simple moving average of $239.32. The stock has a market capitalization of $141.66 billion, a price-to-earnings ratio of 21.31, 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 Co. has a twelve month low of $218.55 and a twelve month high of $258.07.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 EPS 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 previous year, the company posted $2.71 earnings per share. Analysts predict 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 was paid on Monday, March 31st. Stockholders of record on Friday, February 28th were paid a $1.34 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.27%. Union Pacific’s payout ratio is currently 48.33%.

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.