TFG Advisers LLC reduced its stake in Union Pacific Co. (NYSE:UNP – Free Report) by 0.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,714 shares of the railroad operator’s stock after selling 104 shares during the period. Union Pacific accounts for approximately 1.2% of TFG Advisers LLC’s investment portfolio, making the stock its 15th biggest position. TFG Advisers LLC’s holdings in Union Pacific were worth $3,355,000 as of its most recent SEC filing.
A number of other hedge funds also recently modified their holdings of UNP. Synergy Asset Management LLC bought a new position in Union Pacific during the 4th quarter worth $29,000. Catalyst Capital Advisors LLC acquired a new position in shares of Union Pacific in the third quarter valued at about $30,000. Jamison Private Wealth Management Inc. increased its position in Union Pacific by 265.7% during the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after acquiring an additional 93 shares during the period. Dunhill Financial LLC raised its stake in Union Pacific by 111.5% in the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 68 shares in the last quarter. Finally, Peterson Financial Group Inc. bought a new stake in Union Pacific in the 3rd quarter valued at about $32,000. Institutional investors and hedge funds own 80.38% of the company’s stock.
Union Pacific Price Performance
Union Pacific stock opened at $242.12 on Friday. The stock has a 50-day moving average price of $235.20 and a two-hundred day moving average price of $240.17. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.66. The company has a market capitalization of $146.79 billion, a PE ratio of 21.83, a P/E/G ratio of 2.11 and a beta of 1.06. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.76.
Union Pacific Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be paid a $1.34 dividend. The ex-dividend date is Friday, February 28th. This represents a $5.36 annualized dividend and a dividend yield of 2.21%. Union Pacific’s dividend payout ratio is 48.33%.
Wall Street Analyst Weigh In
A number of equities research analysts have recently weighed in on UNP shares. Royal Bank of Canada dropped their price target on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Wells Fargo & Company cut their target price on Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a research report on Tuesday, January 7th. BMO Capital Markets raised their price target on Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Barclays boosted their price target on Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a research note on Wednesday, November 13th. Finally, Raymond James reiterated a “strong-buy” rating and set a $285.00 price objective (up from $265.00) on shares of Union Pacific in a research note on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and an average price target of $261.40.
Check Out Our Latest Analysis on Union Pacific
Insider Activity at Union Pacific
In related news, President Elizabeth F. Whited sold 7,500 shares of the company’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 sale, the president now directly owns 64,960 shares in the company, valued at $16,240,000. This represents a 10.35 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at 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 stock was sold at an average price of $252.00, for a total transaction of $1,636,740.00. Following the transaction, the executive vice president now owns 26,319 shares of the company’s stock, valued at approximately $6,632,388. The trade was 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 company insiders.
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.
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