Denali Advisors LLC Sells 54 Shares of Union Pacific Co. (NYSE:UNP)

Denali Advisors LLC cut its holdings in shares of Union Pacific Co. (NYSE:UNP) by 0.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,678 shares of the railroad operator’s stock after selling 54 shares during the quarter. Denali Advisors LLC’s holdings in Union Pacific were worth $2,207,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of UNP. Howard Capital Management Group LLC grew its holdings in 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 valued at $705,000 after buying an additional 403 shares in the last quarter. Hunter Associates Investment Management LLC lifted its holdings in shares of Union Pacific by 3.4% in the third quarter. Hunter Associates Investment Management LLC now owns 3,040 shares of the railroad operator’s stock worth $751,000 after buying an additional 100 shares in the last quarter. Pallas Capital Advisors LLC boosted its position in shares of Union Pacific by 25.2% during the third quarter. Pallas Capital Advisors LLC now owns 2,050 shares of the railroad operator’s stock worth $473,000 after acquiring an additional 413 shares during the last quarter. abrdn plc grew its stake in Union Pacific by 21.8% during the third quarter. abrdn plc now owns 380,460 shares of the railroad operator’s stock valued at $93,182,000 after acquiring an additional 68,035 shares in the last quarter. Finally, Gateway Wealth Partners LLC bought a new stake in Union Pacific in the 3rd quarter valued at $216,000. 80.38% of the stock is owned by institutional investors.

Union Pacific Stock Down 0.2 %

Shares of NYSE:UNP opened at $245.39 on Thursday. The firm has a market capitalization of $148.29 billion, a PE ratio of 22.13, a price-to-earnings-growth ratio of 2.15 and a beta of 1.06. The business has a 50 day simple moving average of $238.61 and a two-hundred day simple moving average of $240.83. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.07. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62.

Union Pacific (NYSE:UNP) last posted 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 return on equity of 41.12% and a net margin of 27.82%. During the same quarter in the previous year, the company posted $2.71 earnings per share. On average, equities analysts predict that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

The business 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 $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.18%. The ex-dividend date is Friday, February 28th. Union Pacific’s payout ratio is presently 48.33%.

Analyst Upgrades and Downgrades

Several research analysts have commented on UNP shares. Loop Capital downgraded shares of Union Pacific from a “hold” rating to a “sell” rating and dropped their price objective for the company from $265.00 to $200.00 in a report on Monday, February 3rd. BMO Capital Markets increased their price target on Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Robert W. Baird lifted their price objective on Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. Barclays upped their price objective on Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a report on Wednesday, November 13th. Finally, Raymond James reissued a “strong-buy” rating and issued a $285.00 target price (up from $265.00) on shares of Union Pacific in a report on Friday, January 24th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $261.40.

Insider Buying and Selling

In related news, EVP Craig V. Richardson sold 6,495 shares of the 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 transaction, the executive vice president now 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, President Elizabeth F. Whited sold 7,500 shares of Union Pacific stock in a transaction on Friday, January 24th. The shares were sold at an average price of $250.00, for a total value of $1,875,000.00. Following the sale, the president now directly owns 64,960 shares of the company’s stock, 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 insiders.

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.