By otakuyassine3@gmail.com 
YANKCOM Partnership bought a new stake in shares of Union Pacific Co. (NYSE:UNP – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 7,320 shares of the railroad operator’s stock, valued at approximately $1,669,000. Union Pacific accounts for 0.9% of YANKCOM Partnership’s holdings, making the stock its 23rd biggest holding.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. World Investment Advisors LLC increased its stake in shares of Union Pacific by 103.1% in the third quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock worth $8,770,000 after purchasing an additional 18,060 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in Union Pacific by 2.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator’s stock worth $44,348,000 after buying an additional 4,939 shares during the period. Maj Invest Holding A S increased its stake in Union Pacific by 0.3% in the 3rd quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator’s stock worth $166,645,000 after buying an additional 2,202 shares in the last quarter. abrdn plc raised its holdings in Union Pacific by 9.3% during the fourth quarter. abrdn plc now owns 415,874 shares of the railroad operator’s stock valued at $94,588,000 after acquiring an additional 35,414 shares during the period. Finally, Border to Coast Pensions Partnership Ltd raised its holdings in Union Pacific by 24.2% during the fourth quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator’s stock valued at $63,185,000 after acquiring an additional 53,946 shares during the period. 80.38% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
UNP has been the subject of several research analyst reports. Sanford C. Bernstein cut their target price on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research report on Wednesday, October 9th. Raymond James reaffirmed a “strong-buy” rating and issued a $285.00 target price (up from $265.00) on shares of Union Pacific in a report on Friday, January 24th. Benchmark increased their price target on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, January 24th. JPMorgan Chase & Co. reduced their price objective on Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Finally, Stifel Nicolaus raised their target price on shares of Union Pacific from $253.00 to $270.00 and gave the company a “buy” rating in a report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus price target of $261.40.
View Our Latest Report on Union Pacific
Insider Transactions at Union Pacific
In other news, 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 value of $1,875,000.00. Following the completion of the transaction, the president now directly owns 64,960 shares in the company, valued at $16,240,000. This trade represents a 10.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, 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 transaction of $1,636,740.00. Following the transaction, the executive vice president now owns 26,319 shares of the company’s stock, valued at $6,632,388. This represents a 19.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.26% of the company’s stock.
Union Pacific Price Performance
Shares of UNP stock opened at $244.27 on Thursday. The stock has a market capitalization of $148.09 billion, a price-to-earnings ratio of 22.03, a P/E/G ratio of 2.15 and a beta of 1.06. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.76. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.66. The stock has a fifty day simple moving average of $235.25 and a two-hundred day simple moving average of $240.12.
Union Pacific (NYSE:UNP – Get Free Report) last released its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, beating 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 prior year, the firm earned $2.71 EPS. On average, analysts predict that Union Pacific Co. will post 12.03 EPS for the current fiscal year.
Union Pacific Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were given a dividend of $1.34 per share. The ex-dividend date of this dividend was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a yield of 2.19%. Union Pacific’s payout ratio is 48.33%.
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.
Further Reading
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