Union Pacific Co. (NYSE:UNP) Shares Bought by Livforsakringsbolaget Skandia Omsesidigt

Livforsakringsbolaget Skandia Omsesidigt raised its holdings in Union Pacific Co. (NYSE:UNP) by 69.2% in the fourth quarter, Holdings Channel reports. The fund owned 1,628 shares of the railroad operator’s stock after buying an additional 666 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Union Pacific were worth $400,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Daiwa Securities Group Inc. grew its stake in shares of Union Pacific by 5.6% in the 4th quarter. Daiwa Securities Group Inc. now owns 59,034 shares of the railroad operator’s stock valued at $14,500,000 after buying an additional 3,143 shares during the period. Steph & Co. grew its stake in shares of Union Pacific by 2.2% in the 4th quarter. Steph & Co. now owns 3,092 shares of the railroad operator’s stock valued at $759,000 after buying an additional 66 shares during the period. Oakworth Capital Inc. grew its stake in shares of Union Pacific by 2.9% in the 4th quarter. Oakworth Capital Inc. now owns 11,197 shares of the railroad operator’s stock valued at $2,750,000 after buying an additional 318 shares during the period. Telos Capital Management Inc. grew its stake in shares of Union Pacific by 5.9% in the 4th quarter. Telos Capital Management Inc. now owns 8,721 shares of the railroad operator’s stock valued at $2,142,000 after buying an additional 488 shares during the period. Finally, Tyche Wealth Partners LLC purchased a new stake in shares of Union Pacific in the 4th quarter valued at approximately $2,254,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Insider Buying and Selling

In related news, President Elizabeth F. Whited sold 3,750 shares of Union Pacific stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $250.00, for a total transaction of $937,500.00. Following the sale, the president now directly owns 56,682 shares in the company, valued at approximately $14,170,500. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.28% of the stock is owned by company insiders.

Union Pacific Price Performance

Shares of UNP opened at $229.66 on Thursday. Union Pacific Co. has a twelve month low of $190.37 and a twelve month high of $258.66. The firm’s fifty day simple moving average is $246.02 and its 200-day simple moving average is $233.55. The firm has a market capitalization of $140.12 billion, a price-to-earnings ratio of 21.91, a PEG ratio of 2.50 and a beta of 1.07. The company has a current ratio of 0.81, a quick ratio of 0.67 and a debt-to-equity ratio of 2.11.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, January 25th. The railroad operator reported $2.71 earnings per share for the quarter, beating analysts’ consensus estimates of $2.56 by $0.15. Union Pacific had a net margin of 26.45% and a return on equity of 46.87%. The business had revenue of $6.16 billion for the quarter, compared to analyst estimates of $6.05 billion. During the same period last year, the business earned $2.67 EPS. The company’s revenue was down .3% on a year-over-year basis. Equities analysts forecast that Union Pacific Co. will post 11.01 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Thursday, February 29th were paid a dividend of $1.30 per share. The ex-dividend date was Wednesday, February 28th. This represents a $5.20 annualized dividend and a yield of 2.26%. Union Pacific’s dividend payout ratio is currently 49.71%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. JPMorgan Chase & Co. increased their price target on shares of Union Pacific from $237.00 to $243.00 and gave the company a “neutral” rating in a research note on Tuesday, April 9th. Raymond James increased their price objective on shares of Union Pacific from $240.00 to $275.00 and gave the stock a “strong-buy” rating in a research report on Tuesday, January 16th. UBS Group increased their price objective on shares of Union Pacific from $235.00 to $248.00 and gave the stock a “neutral” rating in a research report on Friday, January 26th. Jefferies Financial Group began coverage on shares of Union Pacific in a research report on Monday, April 8th. They set a “hold” rating and a $250.00 price objective for the company. Finally, Sanford C. Bernstein raised shares of Union Pacific from a “market perform” rating to an “outperform” rating and set a $280.00 price objective for the company in a research report on Monday, January 22nd. Eight analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $253.48.

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.