Cordatus Wealth Management LLC grew its stake in Union Pacific Co. (NYSE:UNP – Free Report) by 5.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 6,887 shares of the railroad operator’s stock after buying an additional 330 shares during the period. Cordatus Wealth Management LLC’s holdings in Union Pacific were worth $1,570,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. Vontobel Holding Ltd. raised its stake in shares of Union Pacific by 74.7% in the 4th quarter. Vontobel Holding Ltd. now owns 2,146,990 shares of the railroad operator’s stock valued at $489,600,000 after purchasing an additional 918,248 shares during the period. International Assets Investment Management LLC raised its stake in shares of Union Pacific by 19,878.6% in the 3rd quarter. International Assets Investment Management LLC now owns 896,040 shares of the railroad operator’s stock valued at $220,856,000 after purchasing an additional 891,555 shares during the period. Franklin Resources Inc. raised its stake in shares of Union Pacific by 9.3% in the 3rd quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator’s stock valued at $1,795,993,000 after purchasing an additional 625,492 shares during the period. Impax Asset Management Group plc raised its stake in shares of Union Pacific by 2,025.4% in the 3rd quarter. Impax Asset Management Group plc now owns 546,236 shares of the railroad operator’s stock valued at $134,636,000 after purchasing an additional 520,536 shares during the period. Finally, Jennison Associates LLC raised its stake in shares of Union Pacific by 170.9% in the 3rd quarter. Jennison Associates LLC now owns 736,246 shares of the railroad operator’s stock valued at $181,470,000 after purchasing an additional 464,477 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.
Analyst Ratings Changes
Several equities analysts have recently weighed in on UNP shares. Citigroup raised their price objective on Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a report on Friday, January 24th. Benchmark raised their price objective on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a report on Friday, January 24th. Wells Fargo & Company decreased their price objective on Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Barclays raised their price objective on Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a report on Wednesday, November 13th. Finally, BMO Capital Markets raised their price objective on Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating 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 assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Union Pacific has an average rating of “Moderate Buy” and an average target price of $261.40.
Insider Buying and Selling
In other Union Pacific news, President Elizabeth F. Whited sold 7,500 shares of the firm’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 sale, the president now owns 64,960 shares of the company’s stock, valued at $16,240,000. This trade represents a 10.35 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Craig V. Richardson sold 6,495 shares of the firm’s stock in a transaction on 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 completion of the sale, the executive vice president now directly owns 26,319 shares in the company, valued at approximately $6,632,388. This trade represents a 19.79 % decrease in their position. The disclosure for this sale can be found here. 0.28% of the stock is owned by corporate insiders.
Union Pacific Stock Up 0.2 %
UNP opened at $247.64 on Friday. The company has a 50 day moving average of $237.47 and a 200 day moving average of $240.61. 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 company has a market cap of $149.64 billion, a PE ratio of 22.33, a price-to-earnings-growth ratio of 2.15 and a beta of 1.06. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.66.
Union Pacific (NYSE:UNP – Get Free Report) last posted its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, beating the consensus estimate 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 previous year, the company posted $2.71 EPS. On average, sell-side analysts expect that Union Pacific Co. will post 11.99 EPS for the current year.
Union Pacific Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be given a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a yield of 2.16%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific’s payout ratio is presently 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.
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