Chicago Partners Investment Group LLC Sells 770 Shares of Union Pacific Co. (NYSE:UNP)

Chicago Partners Investment Group LLC reduced its stake in shares of Union Pacific Co. (NYSE:UNP) by 2.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 27,210 shares of the railroad operator’s stock after selling 770 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in Union Pacific were worth $6,308,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in UNP. Strategic Investment Solutions Inc. IL acquired a new stake in Union Pacific in the 2nd quarter worth approximately $28,000. Synergy Asset Management LLC acquired a new position in Union Pacific during the 4th quarter worth $29,000. Catalyst Capital Advisors LLC bought a new stake in Union Pacific during the third quarter valued at about $30,000. Jamison Private Wealth Management Inc. grew its position in shares of Union Pacific by 265.7% in the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after purchasing an additional 93 shares during the last quarter. Finally, Peterson Financial Group Inc. bought a new position in shares of Union Pacific in the third quarter worth about $32,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Insider Activity

In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of the stock in a transaction 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 in the company, valued at $6,632,388. This trade represents a 19.79 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, President Elizabeth F. Whited sold 7,500 shares of the business’s stock in a transaction that occurred 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 directly owns 64,960 shares in the company, valued at approximately $16,240,000. This trade 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 corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Raymond James reaffirmed a “strong-buy” rating and issued a $285.00 target price (up previously from $265.00) on shares of Union Pacific in a report on Friday, January 24th. Royal Bank of Canada lowered their price target on Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Sanford C. Bernstein decreased their price objective on Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a report on Wednesday, October 9th. TD Cowen raised their target price on Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Finally, BMO Capital Markets boosted their price target 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. Eight analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and an average price target of $263.30.

Union Pacific Price Performance

UNP opened at $247.85 on Friday. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.66. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. The stock has a market cap of $150.26 billion, a P/E ratio of 22.35, a P/E/G ratio of 2.16 and a beta of 1.06. The company has a fifty day simple moving average of $235.31 and a 200 day simple moving average of $240.08.

Union Pacific (NYSE:UNP) last announced 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 net margin of 27.82% and a return on equity of 41.12%. During the same period last year, the firm posted $2.71 earnings per share. On average, research analysts expect that Union Pacific Co. will post 12.03 EPS for the current year.

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were paid a dividend of $1.34 per share. The ex-dividend date of this dividend was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.16%. Union Pacific’s dividend payout ratio is 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.