Harbour Investment Management LLC Has $327,000 Holdings in Union Pacific Co. (NYSE:UNP)

Harbour Investment Management LLC raised its stake in Union Pacific Co. (NYSE:UNP) by 38.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,433 shares of the railroad operator’s stock after acquiring an additional 399 shares during the quarter. Harbour Investment Management LLC’s holdings in Union Pacific were worth $327,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Clearstead Trust LLC increased its position in Union Pacific by 212.7% in the 4th quarter. Clearstead Trust LLC now owns 3,540 shares of the railroad operator’s stock valued at $807,000 after acquiring an additional 2,408 shares in the last quarter. Catalyst Funds Management Pty Ltd increased its position in Union Pacific by 200.0% in the 4th quarter. Catalyst Funds Management Pty Ltd now owns 2,400 shares of the railroad operator’s stock valued at $547,000 after acquiring an additional 1,600 shares in the last quarter. Buckley Wealth Management LLC increased its position in Union Pacific by 2.4% in the 4th quarter. Buckley Wealth Management LLC now owns 3,321 shares of the railroad operator’s stock valued at $757,000 after acquiring an additional 78 shares in the last quarter. HMV Wealth Advisors LLC acquired a new stake in Union Pacific in the 4th quarter valued at about $582,000. Finally, Ironwood Investment Counsel LLC increased its position in Union Pacific by 1.3% in the 4th quarter. Ironwood Investment Counsel LLC now owns 3,458 shares of the railroad operator’s stock valued at $789,000 after acquiring an additional 46 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Insider Buying and Selling

In other Union Pacific news, President Elizabeth F. Whited sold 7,500 shares of the company’s 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 transaction, the president now directly owns 64,960 shares in the company, valued at $16,240,000. The trade was a 10.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed 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 transaction of $1,636,740.00. Following the completion of the transaction, the executive vice president now owns 26,319 shares in the company, valued at approximately $6,632,388. This represents a 19.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.26% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on UNP. TD Cowen lifted their price target on shares of Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Benchmark lifted their price target on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Robert W. Baird lifted their price target on shares of Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Raymond James reiterated a “strong-buy” rating and set a $285.00 price target (up previously from $265.00) on shares of Union Pacific in a research report on Friday, January 24th. Finally, BMO Capital Markets lifted their price target on shares of Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus price target of $263.00.

Union Pacific Stock Performance

Shares of UNP stock opened at $237.71 on Friday. The company’s fifty day simple moving average is $242.05 and its 200-day simple moving average is $240.77. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. The firm has a market cap of $143.65 billion, a PE ratio of 21.43, a P/E/G ratio of 2.15 and a beta of 1.05. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.07.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, topping analysts’ consensus estimates of $2.76 by $0.15. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. During the same quarter in the prior year, the business earned $2.71 EPS. Equities research analysts expect that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors 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 dividend on an annualized basis and a yield of 2.25%. Union Pacific’s payout ratio is 48.33%.

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.