Whalerock Point Partners LLC Sells 70 Shares of Union Pacific Co. (NYSE:UNP)

Whalerock Point Partners LLC lessened its position in Union Pacific Co. (NYSE:UNP) by 0.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 21,864 shares of the railroad operator’s stock after selling 70 shares during the period. Union Pacific comprises approximately 1.2% of Whalerock Point Partners LLC’s holdings, making the stock its 23rd biggest holding. Whalerock Point Partners LLC’s holdings in Union Pacific were worth $4,986,000 as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company. Howard Capital Management Group LLC raised its position in shares of Union Pacific by 16.4% during the third 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 period. Anchor Investment Management LLC grew its stake in Union Pacific by 0.6% in the 3rd quarter. Anchor Investment Management LLC now owns 43,071 shares of the railroad operator’s stock valued at $10,616,000 after buying an additional 276 shares during the last quarter. World Investment Advisors LLC lifted its holdings in shares of Union Pacific by 103.1% during the third quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock worth $8,770,000 after buying an additional 18,060 shares in the last quarter. Arvest Bank Trust Division bought a new stake in shares of Union Pacific in the third quarter valued at approximately $16,680,000. Finally, Wilmington Savings Fund Society FSB raised its position in Union Pacific by 124.1% during the third quarter. Wilmington Savings Fund Society FSB now owns 52,963 shares of the railroad operator’s stock valued at $13,054,000 after purchasing an additional 29,330 shares in the last quarter. 80.38% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on UNP. Citigroup upgraded Union Pacific from a “neutral” rating to a “buy” rating and reduced their price target for the stock from $260.00 to $244.00 in a report on Tuesday, April 8th. Benchmark raised their price target 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. Wells Fargo & Company dropped 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, March 27th. Loop Capital downgraded shares of Union Pacific from a “hold” rating to a “sell” rating and lowered their price objective for the stock from $265.00 to $200.00 in a report on Monday, February 3rd. Finally, Robert W. Baird lifted their price target on Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. One analyst has rated the stock with a sell rating, six have issued a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $258.00.

Insiders Place Their Bets

In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of Union Pacific 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 completion of the transaction, the executive vice president now owns 26,319 shares of the company’s stock, valued at $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 SEC, which is available through this link. 0.28% of the stock is currently owned by insiders.

Union Pacific Price Performance

Shares of NYSE UNP opened at $213.35 on Friday. Union Pacific Co. has a fifty-two week low of $204.66 and a fifty-two week high of $258.07. The firm has a market capitalization of $127.86 billion, a PE ratio of 19.24, a price-to-earnings-growth ratio of 2.15 and a beta of 1.06. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. The stock’s 50-day simple moving average is $231.67 and its 200-day simple moving average is $235.66.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.79 by ($0.09). Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The company had revenue of $6.03 billion during the quarter, compared to analyst estimates of $6.11 billion. As a group, equities research analysts forecast that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, February 28th were given a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a yield of 2.51%. The ex-dividend date was Friday, February 28th. Union Pacific’s dividend payout ratio (DPR) is presently 48.29%.

Union Pacific 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.