Hamel Associates Inc. reduced its holdings in Union Pacific Co. (NYSE:UNP – Free Report) by 1.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,836 shares of the railroad operator’s stock after selling 338 shares during the quarter. Union Pacific comprises 2.0% of Hamel Associates Inc.’s investment portfolio, making the stock its 22nd biggest holding. Hamel Associates Inc.’s holdings in Union Pacific were worth $6,120,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of the business. Roble Belko & Company Inc lifted its holdings in shares of Union Pacific by 26.8% in the 4th quarter. Roble Belko & Company Inc now owns 213 shares of the railroad operator’s stock valued at $49,000 after buying an additional 45 shares during the period. Pflug Koory LLC increased its stake in Union Pacific by 0.5% in the 4th 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 in the last quarter. Baron Wealth Management LLC increased its stake in Union Pacific by 3.3% in the 4th 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 in the last quarter. Regatta Capital Group LLC increased its stake in Union Pacific by 2.8% in the 4th 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 in the last quarter. Finally, Dakota Community Bank & Trust NA increased its stake in Union Pacific by 2.8% in the 4th 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 in the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.
Union Pacific Trading Up 0.8 %
Shares of UNP opened at $246.94 on Friday. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.07. The stock has a market cap of $149.22 billion, a PE ratio of 22.27, a P/E/G ratio of 2.15 and a beta of 1.06. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. The stock’s 50-day moving average is $239.46 and its two-hundred day moving average is $240.93.
Union Pacific Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be given a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.17%. The ex-dividend date is Friday, February 28th. Union Pacific’s payout ratio is 48.33%.
Analyst Upgrades and Downgrades
UNP has been the subject of several research analyst reports. Guggenheim raised their price objective on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Benchmark raised their price target on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. BMO Capital Markets raised their price target on Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Robert W. Baird lifted their price objective on Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Finally, Citigroup lifted 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. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and a consensus target price of $261.40.
Get Our Latest Research Report on UNP
Insider Transactions 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 directly owns 26,319 shares of the company’s stock, valued at approximately $6,632,388. The trade was a 19.79 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of Union Pacific stock in a transaction dated 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 sale, the president now directly owns 64,960 shares in the company, valued at approximately $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. Corporate insiders own 0.28% of the company’s stock.
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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