Stratos Wealth Advisors LLC grew its stake in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 17.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,775 shares of the railroad operator’s stock after acquiring an additional 263 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in Union Pacific were worth $405,000 as of its most recent SEC filing.
Several other large investors have also recently modified their holdings of UNP. Stratos Wealth Partners LTD. raised its holdings in Union Pacific by 2.0% in the fourth quarter. Stratos Wealth Partners LTD. now owns 16,262 shares of the railroad operator’s stock worth $3,709,000 after buying an additional 322 shares during the last quarter. Retirement Systems of Alabama raised its holdings in Union Pacific by 3.2% in the 4th quarter. Retirement Systems of Alabama now owns 328,086 shares of the railroad operator’s stock worth $74,817,000 after acquiring an additional 10,162 shares during the last quarter. Sargent Investment Group LLC lifted its position in Union Pacific by 1.7% in the 4th quarter. Sargent Investment Group LLC now owns 3,656 shares of the railroad operator’s stock valued at $829,000 after acquiring an additional 62 shares in the last quarter. Beach Investment Counsel Inc. PA boosted its stake in Union Pacific by 12.7% during the 4th quarter. Beach Investment Counsel Inc. PA now owns 8,857 shares of the railroad operator’s stock valued at $2,020,000 after purchasing an additional 996 shares during the last quarter. Finally, E. Ohman J or Asset Management AB increased its holdings in shares of Union Pacific by 7.5% in the 4th quarter. E. Ohman J or Asset Management AB now owns 28,523 shares of the railroad operator’s stock worth $6,504,000 after purchasing an additional 1,987 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.
Union Pacific Stock Down 0.6 %
UNP opened at $242.12 on Friday. The stock has a market cap of $146.79 billion, a price-to-earnings ratio of 21.83, a price-to-earnings-growth ratio of 2.15 and a beta of 1.06. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.63 and a current ratio of 0.77. The firm’s fifty day moving average is $235.20 and its 200 day moving average is $240.17. Union Pacific Co. has a fifty-two week low of $218.55 and a fifty-two week high of $258.66.
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 given a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a dividend yield of 2.21%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific’s payout ratio is currently 48.33%.
Analysts Set New Price Targets
Several equities research analysts recently commented on UNP shares. TD Cowen increased their price objective on Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Barclays raised their price target on shares of Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a report on Wednesday, November 13th. Benchmark boosted 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. Stifel Nicolaus raised their target price on shares of Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Finally, Royal Bank of Canada decreased their target price on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $261.40.
Get Our Latest Analysis on UNP
Insider Transactions at Union Pacific
In other news, President Elizabeth F. Whited sold 7,500 shares of Union Pacific stock in a transaction dated 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 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 sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Craig V. Richardson sold 6,495 shares of the firm’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 transaction, the executive vice president now owns 26,319 shares of the company’s stock, valued at $6,632,388. This represents a 19.79 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.26% 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.
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