CIBC Private Wealth Group LLC Has $363.48 Million Stock Holdings in Union Pacific Co. (NYSE:UNP)

CIBC Private Wealth Group LLC decreased its stake in shares of Union Pacific Co. (NYSE:UNP) by 3.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,567,936 shares of the railroad operator’s stock after selling 53,651 shares during the quarter. CIBC Private Wealth Group LLC owned about 0.26% of Union Pacific worth $363,479,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in UNP. Howard Capital Management Group LLC increased its stake in shares of Union Pacific by 16.4% during the 3rd quarter. Howard Capital Management Group LLC now owns 2,860 shares of the railroad operator’s stock worth $705,000 after purchasing an additional 403 shares during the last quarter. Isthmus Partners LLC bought a new position in Union Pacific during the third quarter worth about $953,000. Eventide Asset Management LLC increased its position in Union Pacific by 55.1% during the third quarter. Eventide Asset Management LLC now owns 10,295 shares of the railroad operator’s stock worth $2,538,000 after buying an additional 3,658 shares during the last quarter. Kolinsky Wealth Management LLC raised its stake in Union Pacific by 2.9% in the third quarter. Kolinsky Wealth Management LLC now owns 2,866 shares of the railroad operator’s stock valued at $706,000 after buying an additional 81 shares during the period. Finally, L.M. Kohn & Company lifted its position in shares of Union Pacific by 4.3% in the third quarter. L.M. Kohn & Company now owns 4,915 shares of the railroad operator’s stock valued at $1,211,000 after buying an additional 202 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Down 1.7 %

NYSE UNP opened at $232.06 on Friday. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.07. The business’s fifty day moving average is $243.11 and its 200 day moving average is $239.47. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. The company has a market cap of $140.23 billion, a price-to-earnings ratio of 20.93, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05.

Union Pacific (NYSE:UNP) last released its quarterly earnings results 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 in the previous year, the company earned $2.71 EPS. As a group, sell-side analysts expect that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently declared 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. The ex-dividend date of this dividend is Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.31%. Union Pacific’s dividend payout ratio (DPR) is presently 48.33%.

Insider Activity at Union Pacific

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 value of $1,636,740.00. Following the completion of 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 transaction, the president now owns 64,960 shares in the company, valued at $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 Ratings Changes

A number of research firms recently weighed in on UNP. Robert W. Baird boosted their target price on Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. Wells Fargo & Company decreased their price objective on shares of Union Pacific from $265.00 to $260.00 and set an “overweight” rating on the stock in a report on Thursday. BMO Capital Markets increased their price objective on shares of Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Guggenheim lifted their target price on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Finally, Loop Capital cut shares of Union Pacific from a “hold” rating to a “sell” rating and lowered their price target for the company from $265.00 to $200.00 in a report on Monday, February 3rd. One research analyst has rated the stock with a sell rating, seven have given a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus price target of $262.76.

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.