Ieq Capital LLC Acquires 1,001 Shares of Union Pacific Co. (NYSE:UNP)

Ieq Capital LLC grew its holdings in Union Pacific Co. (NYSE:UNP) by 3.2% during the 4th quarter, HoldingsChannel reports. The firm owned 32,522 shares of the railroad operator’s stock after purchasing an additional 1,001 shares during the quarter. Ieq Capital LLC’s holdings in Union Pacific were worth $7,416,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Howard Capital Management Group LLC grew its holdings in shares of Union Pacific by 16.4% during the 3rd quarter. Howard Capital Management Group LLC now owns 2,860 shares of the railroad operator’s stock valued at $705,000 after purchasing an additional 403 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its position in Union Pacific by 51.4% in the third quarter. Allspring Global Investments Holdings LLC now owns 63,565 shares of the railroad operator’s stock valued at $15,668,000 after buying an additional 21,570 shares in the last quarter. Foundations Investment Advisors LLC increased its holdings in shares of Union Pacific by 7.1% during the third quarter. Foundations Investment Advisors LLC now owns 2,875 shares of the railroad operator’s stock worth $709,000 after buying an additional 190 shares in the last quarter. Private Advisor Group LLC lifted its stake in shares of Union Pacific by 1.3% in the 3rd quarter. Private Advisor Group LLC now owns 40,709 shares of the railroad operator’s stock valued at $10,034,000 after acquiring an additional 523 shares during the last quarter. Finally, Elevated Capital Advisors LLC boosted its holdings in shares of Union Pacific by 139.4% during the 3rd quarter. Elevated Capital Advisors LLC now owns 3,038 shares of the railroad operator’s stock valued at $749,000 after acquiring an additional 1,769 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analysts Set New Price Targets

UNP has been the subject of a number of recent research reports. Loop Capital cut Union Pacific from a “hold” rating to a “sell” rating and lowered their target price for the stock from $265.00 to $200.00 in a report on Monday, February 3rd. JPMorgan Chase & Co. dropped their price objective on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Citigroup lifted 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. BMO Capital Markets upped their price target on shares of Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Finally, Barclays lifted their price target on shares of Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a report on Wednesday, November 13th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $261.40.

Union Pacific Trading Up 0.2 %

NYSE UNP opened at $247.64 on Friday. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.66. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. The business has a 50 day simple moving average of $237.47 and a 200 day simple moving average of $240.61. The stock has a market capitalization of $149.64 billion, a P/E ratio of 22.33, a P/E/G ratio of 2.18 and a beta of 1.06.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, beating the consensus estimate 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 company posted $2.71 earnings per share. Research analysts expect that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be issued a dividend of $1.34 per share. The ex-dividend date is Friday, February 28th. This represents a $5.36 annualized dividend and a dividend yield of 2.16%. Union Pacific’s dividend payout ratio is currently 48.33%.

Insider Transactions at Union Pacific

In other news, EVP Craig V. Richardson sold 6,495 shares of Union Pacific stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $252.00, for a total transaction of $1,636,740.00. Following the completion of the transaction, the executive vice president now directly 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 filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of the business’s stock in a transaction dated 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 sale, the president now directly owns 64,960 shares of the company’s stock, valued at approximately $16,240,000. The trade was 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 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.