Lowe Brockenbrough & Co. Inc. Sells 46 Shares of Union Pacific Co. (NYSE:UNP)

Lowe Brockenbrough & Co. Inc. lessened its holdings in Union Pacific Co. (NYSE:UNP) by 0.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,699 shares of the railroad operator’s stock after selling 46 shares during the quarter. Lowe Brockenbrough & Co. Inc.’s holdings in Union Pacific were worth $1,984,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. World Investment Advisors LLC raised 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 worth $8,770,000 after purchasing an additional 18,060 shares in the last quarter. abrdn plc grew its stake in shares of Union Pacific by 9.3% in 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 during the period. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Union Pacific by 2.8% in 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 in the last quarter. Border to Coast Pensions Partnership Ltd lifted its position in shares of Union Pacific by 24.2% during 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 during the period. Finally, Pensionfund Sabic boosted its stake 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 in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Down 0.7 %

Shares of NYSE UNP opened at $234.67 on Friday. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.07. The firm’s 50-day moving average is $242.51 and its 200-day moving average is $240.31. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76. The firm has a market capitalization of $141.81 billion, a PE ratio of 21.16, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) 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 previous year, the firm earned $2.71 EPS. Equities analysts expect that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The business 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 dividend of $1.34 per share. The ex-dividend date is Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.28%. Union Pacific’s dividend payout ratio (DPR) is presently 48.33%.

Insider Activity at Union Pacific

In related news, EVP Craig V. Richardson sold 6,495 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the executive vice president now owns 26,319 shares in the company, valued at approximately $6,632,388. The trade was a 19.79 % decrease in their ownership of the stock. The sale 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 on 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 corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Wells Fargo & Company dropped their price objective on Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a research note on Tuesday, January 7th. TD Cowen increased their target price on shares of Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Guggenheim boosted their price target 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. Citigroup raised 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. Finally, Stifel Nicolaus boosted their target price on Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, January 24th. One analyst has rated the stock with a sell rating, seven have given a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Union Pacific presently has a consensus rating of “Moderate Buy” and an average target price of $263.00.

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.