Biltmore Family Office LLC Sells 123 Shares of Union Pacific Co. (NYSE:UNP)

Biltmore Family Office LLC trimmed its holdings in shares of Union Pacific Co. (NYSE:UNP) by 1.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,052 shares of the railroad operator’s stock after selling 123 shares during the period. Biltmore Family Office LLC’s holdings in Union Pacific were worth $1,836,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of UNP. World Investment Advisors LLC lifted its stake in shares of Union Pacific by 103.1% in the 3rd quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock valued at $8,770,000 after purchasing an additional 18,060 shares during the period. abrdn plc raised its stake in Union Pacific by 9.3% during the 4th quarter. abrdn plc now owns 415,874 shares of the railroad operator’s stock worth $94,588,000 after buying an additional 35,414 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in Union Pacific by 2.8% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator’s stock valued at $44,348,000 after acquiring an additional 4,939 shares during the period. Border to Coast Pensions Partnership Ltd grew its position in shares of Union Pacific by 24.2% in the 4th quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator’s stock valued at $63,185,000 after purchasing an additional 53,946 shares during the period. Finally, Pensionfund Sabic increased its stake in Union Pacific by 61.5% during the 4th quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator’s stock worth $2,394,000 after purchasing an additional 4,000 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Performance

Shares of NYSE UNP opened at $238.34 on Thursday. 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 capitalization of $142.84 billion, a P/E ratio of 21.49, 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. The stock has a 50 day moving average of $243.22 and a 200-day moving average of $239.23.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 EPS 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 previous year, the business earned $2.71 earnings per share. As a group, equities research analysts predict that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, February 28th were paid a $1.34 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a yield of 2.25%. Union Pacific’s dividend payout ratio (DPR) is currently 48.33%.

Insiders Place Their Bets

In other news, EVP Craig V. Richardson sold 6,495 shares of Union Pacific 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 owns 26,319 shares of the company’s stock, valued at approximately $6,632,388. This trade represents a 19.79 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of the business’s stock in a transaction dated Friday, January 24th. The shares were sold at an average price of $250.00, for a total transaction of $1,875,000.00. Following the completion of the sale, the president now directly owns 64,960 shares of the company’s stock, valued at approximately $16,240,000. The trade was a 10.35 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.28% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on UNP. UBS Group reduced their price target on shares of Union Pacific from $255.00 to $245.00 and set a “neutral” rating for the company in a report on Wednesday. Guggenheim upped their target price on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Citigroup lifted their price target on Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research note on Friday, January 24th. Robert W. Baird upped their price objective 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, Susquehanna dropped their target price on Union Pacific from $265.00 to $255.00 and set a “neutral” rating on the stock in a research report on Thursday, March 27th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $261.95.

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.