Oakworth Capital Inc. Acquires 392 Shares of Union Pacific Co. (NYSE:UNP)

Oakworth Capital Inc. lifted its position in Union Pacific Co. (NYSE:UNP) by 3.2% during the 4th quarter, HoldingsChannel reports. The firm owned 12,564 shares of the railroad operator’s stock after acquiring an additional 392 shares during the quarter. Oakworth Capital Inc.’s holdings in Union Pacific were worth $2,865,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Adero Partners LLC increased its holdings in shares of Union Pacific by 15.3% in the fourth quarter. Adero Partners LLC now owns 1,092 shares of the railroad operator’s stock worth $249,000 after purchasing an additional 145 shares during the last quarter. YANKCOM Partnership bought a new stake in shares of Union Pacific in the fourth quarter worth about $1,669,000. NovaPoint Capital LLC increased its holdings in shares of Union Pacific by 5.0% in the fourth quarter. NovaPoint Capital LLC now owns 18,679 shares of the railroad operator’s stock worth $4,259,000 after purchasing an additional 884 shares during the last quarter. Robertson Stephens Wealth Management LLC increased its holdings in shares of Union Pacific by 3.1% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 7,655 shares of the railroad operator’s stock worth $1,746,000 after purchasing an additional 228 shares during the last quarter. Finally, Private Management Group Inc. increased its holdings in shares of Union Pacific by 8.5% in the fourth quarter. Private Management Group Inc. now owns 1,024 shares of the railroad operator’s stock worth $233,000 after purchasing an additional 80 shares during the last quarter. 80.38% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, EVP Craig V. Richardson sold 6,495 shares of the company’s stock in a transaction on Monday, January 27th. The stock was sold at an average price of $252.00, for a total value of $1,636,740.00. Following the transaction, the executive vice president now directly owns 26,319 shares of the company’s stock, valued at $6,632,388. This represents a 19.79 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of the company’s stock in a transaction on 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 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. 0.26% of the stock is currently owned by insiders.

Union Pacific Stock Up 0.3 %

Shares of NYSE UNP opened at $244.27 on Thursday. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.63 and a current ratio of 0.77. The firm has a market capitalization of $148.09 billion, a price-to-earnings ratio of 22.03, a PEG ratio of 2.15 and a beta of 1.06. The stock has a 50 day moving average price of $235.23 and a 200 day moving average price of $240.15. Union Pacific Co. has a 52-week low of $218.55 and a 52-week high of $258.66.

Union Pacific (NYSE:UNP) last issued 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 period in the prior year, the business earned $2.71 earnings per share. Sell-side analysts expect that Union Pacific Co. will post 12.03 earnings per share for the current year.

Union Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were paid a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a yield of 2.19%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific’s dividend payout ratio (DPR) is 48.33%.

Analyst Ratings Changes

Several research analysts recently commented on UNP shares. Royal Bank of Canada dropped their price target on Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Barclays lifted their price target on Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 13th. Citigroup lifted their price target on Union Pacific from $254.00 to $260.00 and gave the stock a “neutral” rating in a research report on Friday, January 24th. Susquehanna dropped their price target on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Finally, TD Cowen lifted their price target on Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $261.40.

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.