Panoramic Capital Partners LLC Takes $280,000 Position in Union Pacific Co. (NYSE:UNP)

Panoramic Capital Partners LLC purchased a new stake in Union Pacific Co. (NYSE:UNP) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 1,228 shares of the railroad operator’s stock, valued at approximately $280,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. World Investment Advisors LLC grew its position in Union Pacific by 103.1% in the third quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock valued at $8,770,000 after acquiring an additional 18,060 shares in the last quarter. abrdn plc grew its holdings in Union Pacific by 9.3% during the 4th quarter. abrdn plc now owns 415,874 shares of the railroad operator’s stock valued at $94,588,000 after purchasing an additional 35,414 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in Union Pacific by 2.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator’s stock worth $44,348,000 after buying an additional 4,939 shares during the period. Border to Coast Pensions Partnership Ltd lifted its holdings in Union Pacific by 24.2% in the 4th quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator’s stock worth $63,185,000 after buying an additional 53,946 shares in the last quarter. Finally, Pensionfund Sabic boosted its position in Union Pacific by 61.5% in the 4th quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator’s stock valued at $2,394,000 after buying an additional 4,000 shares during the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently commented on UNP shares. Stifel Nicolaus boosted their price target on Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. JPMorgan Chase & Co. dropped their price target on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Benchmark boosted their target price on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Royal Bank of Canada decreased their price target on Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. Finally, BMO Capital Markets boosted their price target on Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a report on Friday, January 24th. One equities research 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 presently has a consensus rating of “Moderate Buy” and a consensus price target of $261.40.

Union Pacific Price Performance

Shares of NYSE UNP opened at $244.35 on Tuesday. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.66. 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. The firm has a 50-day moving average of $235.14 and a two-hundred day moving average of $240.19. 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 (NYSE:UNP) last released its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, topping the consensus estimate of $2.76 by $0.15. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. During the same quarter last year, the firm posted $2.71 earnings per share. As a group, analysts expect that Union Pacific Co. will post 12.01 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders 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 yield of 2.19%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific’s payout ratio is 48.33%.

Insider Transactions at Union Pacific

In related news, President Elizabeth F. Whited sold 7,500 shares of the firm’s stock in a transaction that occurred on Friday, January 24th. The shares were sold at an average price of $250.00, for a total transaction of $1,875,000.00. Following the transaction, the president now owns 64,960 shares of the company’s stock, valued at approximately $16,240,000. This trade represents a 10.35 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Craig V. Richardson sold 6,495 shares of the company’s stock in a transaction 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 completion of the sale, 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 ownership of the stock. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by insiders.

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.