Union Pacific Co. (NYSE:UNP) Shares Bought by Field & Main Bank

Field & Main Bank grew its holdings in shares of Union Pacific Co. (NYSE:UNP) by 2.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,234 shares of the railroad operator’s stock after purchasing an additional 140 shares during the quarter. Field & Main Bank’s holdings in Union Pacific were worth $1,650,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of UNP. State Street Corp raised its holdings in shares of Union Pacific by 0.9% during the 3rd quarter. State Street Corp now owns 24,788,337 shares of the railroad operator’s stock worth $6,109,829,000 after acquiring an additional 217,780 shares during the period. Geode Capital Management LLC raised its holdings in Union Pacific by 1.4% in the 3rd quarter. Geode Capital Management LLC now owns 12,813,686 shares of the railroad operator’s stock valued at $3,146,451,000 after buying an additional 182,620 shares during the period. Franklin Resources Inc. increased its position in shares of Union Pacific by 9.3% during the third 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 during the last quarter. Fisher Asset Management LLC boosted its position in shares of Union Pacific by 2.3% during 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 lifted its stake in Union Pacific by 0.6% during the third 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. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Price Performance

Shares of UNP stock opened at $251.73 on Wednesday. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.66. The company has a market capitalization of $152.61 billion, a PE ratio of 23.17, a price-to-earnings-growth ratio of 2.12 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 1.79. The firm has a fifty day simple moving average of $234.77 and a 200-day simple moving average of $239.94.

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 27.33% and a return on equity of 41.79%. During the same period in the prior year, the firm earned $2.71 earnings per share. Equities research analysts anticipate that Union Pacific Co. will post 10.96 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were given a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.13%. The ex-dividend date was Monday, December 9th. Union Pacific’s dividend payout ratio (DPR) is 49.22%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on UNP. Robert W. Baird lifted their target price on Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a report on Friday, January 24th. Barclays upped their price objective on shares of Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a research note on Wednesday, November 13th. Benchmark boosted their target price on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a report on Friday, January 24th. JPMorgan Chase & Co. decreased their target price on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Finally, Stifel Nicolaus boosted their price objective on Union Pacific from $253.00 to $270.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Eight equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and an average price target of $263.30.

Insiders Place Their Bets

In other news, President Elizabeth F. Whited sold 7,500 shares of Union Pacific stock in a transaction on 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 in the company, valued at approximately $16,240,000. This trade represents a 10.35 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Craig V. Richardson sold 6,495 shares of the business’s 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 completion of the sale, the executive vice president now owns 26,319 shares in the company, valued at approximately $6,632,388. This trade represents a 19.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by insiders.

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.