May Hill Capital LLC acquired a new position in shares of Union Pacific Co. (NYSE:UNP – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,021 shares of the railroad operator’s stock, valued at approximately $233,000.
A number of other institutional investors also recently modified their holdings of the company. Compass Financial Services Inc acquired a new stake in shares of Union Pacific in the fourth quarter valued at approximately $25,000. Synergy Asset Management LLC acquired a new stake in shares of Union Pacific in the 4th quarter valued at $29,000. Dunhill Financial LLC raised its position in shares of Union Pacific by 111.5% during the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after acquiring an additional 68 shares during the last quarter. PrairieView Partners LLC acquired a new position in shares of Union Pacific during the fourth quarter valued at $34,000. Finally, Kentucky Trust Co bought a new position in Union Pacific in the fourth quarter valued at about $40,000. Institutional investors own 80.38% of the company’s stock.
Union Pacific Price Performance
UNP opened at $237.11 on Wednesday. The stock’s 50-day moving average price is $243.17 and its 200 day moving average price is $239.24. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.07. The firm has a market cap of $142.10 billion, a price-to-earnings ratio of 21.38, a PEG ratio of 2.15 and a beta of 1.05.
Union Pacific Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, February 28th were issued a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.26%. The ex-dividend date was Friday, February 28th. Union Pacific’s payout ratio is 48.33%.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on the stock. Wells Fargo & Company reduced their price objective on shares of Union Pacific from $265.00 to $260.00 and set an “overweight” rating on the stock in a research note on Thursday, March 27th. Deutsche Bank Aktiengesellschaft assumed coverage on Union Pacific in a report on Friday, March 7th. They issued a “buy” rating and a $295.00 price objective for the company. TD Cowen increased their target price on Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Robert W. Baird boosted their target price on Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Finally, BMO Capital Markets increased their price target on shares of Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $262.76.
Check Out Our Latest Stock Analysis on Union Pacific
Insider Activity at Union Pacific
In other news, EVP Craig V. Richardson sold 6,495 shares of Union Pacific stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $252.00, for a total transaction of $1,636,740.00. Following the sale, the executive vice president now 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, President Elizabeth F. Whited sold 7,500 shares of the firm’s stock in a transaction that occurred 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 owns 64,960 shares in the company, valued at $16,240,000. This represents a 10.35 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.28% of the company’s stock.
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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