Pring Turner Capital Group Inc. boosted its holdings in Union Pacific Co. (NYSE:UNP – Free Report) by 6.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 20,756 shares of the railroad operator’s stock after buying an additional 1,176 shares during the quarter. Union Pacific accounts for about 3.2% of Pring Turner Capital Group Inc.’s investment portfolio, making the stock its 10th largest position. Pring Turner Capital Group Inc.’s holdings in Union Pacific were worth $4,733,000 as of its most recent filing with the SEC.
Several other institutional investors also recently modified their holdings of the stock. State Street Corp lifted its stake in Union Pacific by 0.9% during the third quarter. State Street Corp now owns 24,788,337 shares of the railroad operator’s stock valued at $6,109,829,000 after buying an additional 217,780 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Union Pacific by 1.4% during the third quarter. Geode Capital Management LLC now owns 12,813,686 shares of the railroad operator’s stock valued at $3,146,451,000 after acquiring an additional 182,620 shares during the period. Franklin Resources Inc. lifted its position 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 acquiring an additional 625,492 shares in the last quarter. Fisher Asset Management LLC boosted its stake in Union Pacific by 2.3% in the 3rd quarter. Fisher Asset Management LLC now owns 6,285,585 shares of the railroad operator’s stock worth $1,549,271,000 after purchasing an additional 143,896 shares during the period. Finally, FMR LLC grew its position in Union Pacific by 0.6% during the 3rd quarter. FMR LLC now owns 5,020,107 shares of the railroad operator’s stock worth $1,237,356,000 after purchasing an additional 31,899 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.
Insider Buying and Selling at Union Pacific
In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of the business’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 sale, the executive vice president now owns 26,319 shares of the company’s stock, valued at $6,632,388. The trade was a 19.79 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, President Elizabeth F. Whited sold 7,500 shares of the firm’s stock in a transaction dated Friday, January 24th. The stock was sold at an average price of $250.00, for a total transaction 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. The trade was a 10.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.28% of the company’s stock.
Union Pacific Trading Down 1.3 %
Union Pacific (NYSE:UNP – Get Free Report) last posted its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, topping 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 period last year, the business posted $2.71 EPS. As a group, sell-side analysts expect that Union Pacific Co. will post 11.99 EPS for the current year.
Union Pacific Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be paid a dividend of $1.34 per share. The ex-dividend date is Friday, February 28th. This represents a $5.36 annualized dividend and a yield of 2.21%. Union Pacific’s dividend payout ratio is 48.33%.
Analyst Upgrades and Downgrades
UNP has been the subject of a number of research analyst reports. Stifel Nicolaus increased their target price on Union Pacific from $253.00 to $270.00 and gave the company a “buy” rating in a report on Friday, January 24th. Loop Capital lowered Union Pacific from a “hold” rating to a “sell” rating and decreased their price objective for the stock from $265.00 to $200.00 in a research report on Monday, February 3rd. Citigroup upped their target price 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 target 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. Finally, Raymond James reiterated a “strong-buy” rating and issued a $285.00 price objective (up previously from $265.00) on shares of Union Pacific in a research note on Friday, January 24th. One analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus price target of $261.40.
View Our Latest Stock Analysis on UNP
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.
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