True Vision MN LLC trimmed its stake in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 5.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,257 shares of the railroad operator’s stock after selling 275 shares during the quarter. True Vision MN LLC’s holdings in Union Pacific were worth $1,199,000 at the end of the most recent quarter.
Several other hedge funds also recently added to or reduced their stakes in the stock. Compass Financial Services Inc bought a new stake in Union Pacific during the fourth quarter valued at $25,000. Synergy Asset Management LLC bought a new stake in shares of Union Pacific during the 4th quarter valued at about $29,000. Catalyst Capital Advisors LLC bought a new stake in shares of Union Pacific during the 3rd quarter valued at about $30,000. Jamison Private Wealth Management Inc. raised its stake 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. Finally, Peterson Financial Group Inc. bought a new position in Union Pacific in the third quarter worth about $32,000. 80.38% of the stock is owned by institutional investors and hedge funds.
Insider Activity
In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of Union Pacific 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 sale, the executive vice president now directly owns 26,319 shares of the company’s stock, valued at approximately $6,632,388. The trade was a 19.79 % 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, President Elizabeth F. Whited sold 7,500 shares of the 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 completion of the transaction, 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 disclosure for this sale can be found here. 0.28% of the stock is currently owned by company insiders.
Analyst Upgrades and Downgrades
Read Our Latest Research Report on Union Pacific
Union Pacific Stock Performance
UNP opened at $244.35 on Tuesday. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.66. The firm has a market capitalization of $148.14 billion, a P/E ratio of 22.03, a price-to-earnings-growth ratio of 2.11 and a beta of 1.06. The stock’s 50 day moving average price is $235.14 and its two-hundred day moving average price is $240.19. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.76.
Union Pacific (NYSE:UNP – Get Free Report) last issued its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, beating analysts’ consensus estimates 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 period in the prior year, the firm posted $2.71 earnings per share. On average, equities analysts forecast that Union Pacific Co. will post 12.01 earnings per share for the current year.
Union Pacific Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be issued a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a dividend yield of 2.19%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific’s payout ratio is presently 48.33%.
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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