Schroder Investment Management Group trimmed its holdings in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 2.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 631,876 shares of the railroad operator’s stock after selling 17,016 shares during the period. Schroder Investment Management Group owned about 0.10% of Union Pacific worth $144,093,000 as of its most recent SEC filing.
Several other institutional investors have also recently modified their holdings of the stock. Compass Financial Services Inc purchased a new position in Union Pacific during the fourth quarter worth $25,000. Synergy Asset Management LLC acquired a new position in Union Pacific in the 4th quarter valued at about $29,000. Dunhill Financial LLC lifted its holdings in Union Pacific by 111.5% in the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after purchasing an additional 68 shares in the last quarter. PrairieView Partners LLC acquired a new stake in shares of Union Pacific during the 4th quarter worth about $34,000. Finally, Kentucky Trust Co purchased a new stake in shares of Union Pacific during the fourth quarter worth about $40,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.
Union Pacific Stock Down 1.7 %
NYSE UNP opened at $232.06 on Monday. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. Union Pacific Co. has a fifty-two week low of $218.55 and a fifty-two week high of $258.07. The business has a 50 day moving average price of $243.11 and a two-hundred day moving average price of $239.41. The stock has a market cap of $140.23 billion, a PE ratio of 20.93, a P/E/G ratio of 2.15 and a beta of 1.05.
Union Pacific Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be paid a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.31%. The ex-dividend date is Friday, February 28th. Union Pacific’s dividend payout ratio (DPR) is 48.33%.
Insider Activity at Union Pacific
In related news, EVP Craig V. Richardson sold 6,495 shares of the company’s 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 of the company’s stock, valued at $6,632,388. This represents a 19.79 % decrease in their ownership of the stock. The transaction 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 firm’s 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 transaction, the president now directly owns 64,960 shares of the company’s stock, valued at approximately $16,240,000. This 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 company insiders.
Wall Street Analysts Forecast Growth
Several equities analysts recently issued reports on the stock. Raymond James reissued a “strong-buy” rating and set a $285.00 price objective (up previously from $265.00) on shares of Union Pacific in a research note on Friday, January 24th. Susquehanna decreased their price objective on Union Pacific from $265.00 to $255.00 and set a “neutral” rating on the stock in a report on Thursday. Loop Capital lowered Union Pacific from a “hold” rating to a “sell” rating and dropped their target price for the company from $265.00 to $200.00 in a research note on Monday, February 3rd. Guggenheim raised their price target on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Finally, TD Cowen upped their price objective on shares of Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a research note on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $262.76.
Check Out Our Latest Report on Union Pacific
Union Pacific Company 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.
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