TFC Financial Management Inc. reduced its position in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 12.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 432 shares of the railroad operator’s stock after selling 61 shares during the period. TFC Financial Management Inc.’s holdings in Union Pacific were worth $99,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently modified their holdings of the company. Stanley Laman Group Ltd. increased its stake in shares of Union Pacific by 0.7% during the fourth quarter. Stanley Laman Group Ltd. now owns 16,320 shares of the railroad operator’s stock worth $3,722,000 after purchasing an additional 117 shares during the period. Consolidated Planning Corp raised its holdings in Union Pacific by 3.5% in the 4th quarter. Consolidated Planning Corp now owns 25,813 shares of the railroad operator’s stock valued at $5,886,000 after acquiring an additional 867 shares in the last quarter. Naples Global Advisors LLC increased its stake in shares of Union Pacific by 1.6% in the 4th quarter. Naples Global Advisors LLC now owns 9,808 shares of the railroad operator’s stock valued at $2,237,000 after purchasing an additional 153 shares during the last quarter. Values First Advisors Inc. increased its stake in shares of Union Pacific by 217.8% in the 4th quarter. Values First Advisors Inc. now owns 1,341 shares of the railroad operator’s stock valued at $306,000 after purchasing an additional 919 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC increased its stake in shares of Union Pacific by 21.7% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 77,383 shares of the railroad operator’s stock valued at $17,729,000 after purchasing an additional 13,818 shares during the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.
Insiders Place Their Bets
In related news, 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 value of $1,875,000.00. Following 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 sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Craig V. Richardson sold 6,495 shares of the stock in a transaction 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 owns 26,319 shares in the company, valued at $6,632,388. This trade represents a 19.79 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.28% of the company’s stock.
Analysts Set New Price Targets
Check Out Our Latest Report on Union Pacific
Union Pacific Price Performance
Shares of NYSE UNP opened at $248.49 on Thursday. The stock has a fifty day simple moving average of $235.43 and a two-hundred day simple moving average of $240.31. Union Pacific Co. has a 1-year low of $218.55 and a 1-year high of $258.66. The firm has a market cap of $150.65 billion, a price-to-earnings ratio of 22.41, a price-to-earnings-growth ratio of 2.11 and a beta of 1.06. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.76.
Union Pacific (NYSE:UNP – Get Free Report) last posted its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) 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 prior year, the company earned $2.71 EPS. Analysts anticipate that Union Pacific Co. will post 12.01 earnings per share for the current year.
Union Pacific Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be given a dividend of $1.34 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $5.36 annualized dividend and a dividend yield of 2.16%. Union Pacific’s dividend payout ratio is currently 48.33%.
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.
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