Cigna Investments Inc. New Sells 68 Shares of Union Pacific Co. (NYSE:UNP)

Cigna Investments Inc. New reduced its stake in Union Pacific Co. (NYSE:UNP) by 1.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,201 shares of the railroad operator’s stock after selling 68 shares during the period. Cigna Investments Inc. New’s holdings in Union Pacific were worth $1,414,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of UNP. Compass Financial Services Inc bought a new position in Union Pacific in the fourth quarter worth about $25,000. Synergy Asset Management LLC purchased a new stake in Union Pacific in the fourth quarter worth about $29,000. Catalyst Capital Advisors LLC purchased a new stake in Union Pacific in the third quarter worth about $30,000. Jamison Private Wealth Management Inc. grew its holdings in Union Pacific by 265.7% in the third 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 period. Finally, Peterson Financial Group Inc. purchased a new stake in Union Pacific in the third quarter worth about $32,000. 80.38% of the stock is owned by institutional investors.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, 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 value of $1,636,740.00. Following the sale, the executive vice president now directly owns 26,319 shares in the company, valued at approximately $6,632,388. The trade was a 19.79 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 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 completion of the sale, the president now owns 64,960 shares in the company, valued at approximately $16,240,000. This trade represents a 10.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by insiders.

Union Pacific Stock Up 0.9 %

Shares of UNP stock opened at $244.35 on Tuesday. The company has a market capitalization of $148.14 billion, a price-to-earnings ratio of 22.03, a PEG ratio of 2.11 and a beta of 1.06. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.66. The company’s fifty day moving average price is $235.14 and its 200-day moving average price is $240.19. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.63.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 EPS 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 quarter in the prior year, the business posted $2.71 EPS. Sell-side analysts expect that Union Pacific Co. will post 12.01 EPS for the current fiscal year.

Union Pacific Announces Dividend

The business 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. The ex-dividend date of this dividend is Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a yield of 2.19%. Union Pacific’s dividend payout ratio is currently 48.33%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on UNP. Susquehanna cut their price objective on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. BMO Capital Markets upped their price objective on shares of Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. Citigroup upped their price objective on shares of Union Pacific from $254.00 to $260.00 and gave the stock a “neutral” rating in a report on Friday, January 24th. Barclays increased 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. Finally, Royal Bank of Canada cut their price target on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $261.40.

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.