Wilmington Savings Fund Society FSB boosted its holdings in Union Pacific Co. (NYSE:UNP – Free Report) by 2.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 54,419 shares of the railroad operator’s stock after purchasing an additional 1,456 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Union Pacific were worth $12,410,000 at the end of the most recent reporting period.
Other hedge funds have also recently bought and sold shares of the company. Synergy Asset Management LLC acquired a new stake in shares of Union Pacific during the fourth quarter worth approximately $29,000. Catalyst Capital Advisors LLC acquired a new position in Union Pacific during the 3rd quarter worth $30,000. Jamison Private Wealth Management Inc. increased its position in shares of Union Pacific by 265.7% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 93 shares during the last quarter. Peterson Financial Group Inc. acquired a new stake in shares of Union Pacific in the 3rd quarter valued at about $32,000. Finally, Dunhill Financial LLC lifted its position in shares of Union Pacific by 111.5% during the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 68 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.
Union Pacific Stock Down 0.6 %
Union Pacific stock opened at $242.12 on Friday. Union Pacific Co. has a 52 week low of $218.55 and a 52 week high of $258.66. The stock has a market cap of $146.79 billion, a price-to-earnings ratio of 21.83, a PEG ratio of 2.11 and a beta of 1.06. The company’s 50-day moving average price is $235.20 and its two-hundred day moving average price is $240.17. 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 Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be issued a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a yield of 2.21%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific’s payout ratio is 48.33%.
Insider Buying and Selling
In other news, President Elizabeth F. Whited sold 7,500 shares of the stock in a transaction that occurred on Friday, January 24th. The shares were sold at an average price of $250.00, for a total value of $1,875,000.00. Following the completion of the sale, the president now directly owns 64,960 shares of the company’s stock, valued at $16,240,000. This represents a 10.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Craig V. Richardson sold 6,495 shares of Union Pacific stock in a transaction on 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 sale, the executive vice president now directly owns 26,319 shares of the company’s stock, valued at $6,632,388. This trade 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.
Analyst Upgrades and Downgrades
Several analysts recently weighed in on UNP shares. Barclays boosted their price objective on Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a report on Wednesday, November 13th. TD Cowen raised their price objective on Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Wells Fargo & Company reduced their price target on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 7th. 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 research report on Friday, January 24th. Finally, JPMorgan Chase & Co. cut their target price on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. 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 assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $261.40.
Check Out Our Latest Analysis on Union Pacific
About Union Pacific
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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