Clare Market Investments LLC bought a new position in shares of Union Pacific Co. (NYSE:UNP – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 8,489 shares of the railroad operator’s stock, valued at approximately $1,936,000.
Several other institutional investors have also bought and sold shares of the business. Roble Belko & Company Inc lifted its position in Union Pacific by 26.8% during the fourth quarter. Roble Belko & Company Inc now owns 213 shares of the railroad operator’s stock valued at $49,000 after purchasing an additional 45 shares during the last quarter. Pflug Koory LLC lifted its position in Union Pacific by 0.5% during the fourth quarter. Pflug Koory LLC now owns 8,569 shares of the railroad operator’s stock valued at $1,954,000 after purchasing an additional 45 shares during the last quarter. Baron Wealth Management LLC lifted its position in Union Pacific by 3.3% during the fourth quarter. Baron Wealth Management LLC now owns 1,409 shares of the railroad operator’s stock valued at $321,000 after purchasing an additional 45 shares during the last quarter. Regatta Capital Group LLC lifted its position in Union Pacific by 2.8% during the fourth quarter. Regatta Capital Group LLC now owns 1,672 shares of the railroad operator’s stock valued at $381,000 after purchasing an additional 46 shares during the last quarter. Finally, Dakota Community Bank & Trust NA lifted its position in Union Pacific by 2.8% during the fourth quarter. Dakota Community Bank & Trust NA now owns 1,786 shares of the railroad operator’s stock valued at $407,000 after purchasing an additional 49 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.
Union Pacific Stock Performance
Shares of UNP opened at $249.84 on Monday. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.07. The stock has a fifty day moving average price of $241.04 and a 200-day moving average price of $240.95. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76. The firm has a market cap of $150.98 billion, a PE ratio of 22.53, a P/E/G ratio of 2.15 and a beta of 1.05.
Union Pacific Dividend Announcement
The firm also recently disclosed 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 is Friday, February 28th. This represents a $5.36 annualized dividend and a dividend yield of 2.15%. Union Pacific’s dividend payout ratio is presently 48.33%.
Insider Activity
In related news, President Elizabeth F. Whited sold 7,500 shares of the company’s 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 transaction, the president now directly owns 64,960 shares of the company’s stock, valued at $16,240,000. This represents a 10.35 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 completion of the transaction, 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 disclosure for this sale can be found here. Company insiders own 0.28% of the company’s stock.
Analyst Ratings Changes
UNP has been the subject of several research reports. Loop Capital lowered shares of Union Pacific from a “hold” rating to a “sell” rating and lowered their price objective for the company from $265.00 to $200.00 in a research report on Monday, February 3rd. TD Cowen raised their target price on shares of Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Guggenheim raised 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. Wells Fargo & Company lowered their target price on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Finally, BMO Capital Markets raised their target price on shares of Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. 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 company. According to MarketBeat.com, Union Pacific currently has an average rating of “Moderate Buy” and an average target price of $263.00.
Read Our Latest Research Report on UNP
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.
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