Hemington Wealth Management boosted its holdings in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 8.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 775 shares of the railroad operator’s stock after purchasing an additional 60 shares during the period. Hemington Wealth Management’s holdings in Union Pacific were worth $176,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also made changes to their positions in UNP. Stanley Laman Group Ltd. lifted its holdings in shares of Union Pacific by 0.7% during the 4th quarter. Stanley Laman Group Ltd. now owns 16,320 shares of the railroad operator’s stock worth $3,722,000 after acquiring an additional 117 shares during the period. Consolidated Planning Corp boosted its holdings in Union Pacific by 3.5% during the fourth quarter. Consolidated Planning Corp now owns 25,813 shares of the railroad operator’s stock valued at $5,886,000 after acquiring an additional 867 shares during the period. Naples Global Advisors LLC increased its stake in Union Pacific by 1.6% in the fourth quarter. Naples Global Advisors LLC now owns 9,808 shares of the railroad operator’s stock valued at $2,237,000 after acquiring an additional 153 shares during the period. Values First Advisors Inc. increased its position in shares of Union Pacific by 217.8% in the 4th quarter. Values First Advisors Inc. now owns 1,341 shares of the railroad operator’s stock valued at $306,000 after buying an additional 919 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC raised its holdings in Union Pacific by 21.7% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 77,383 shares of the railroad operator’s stock worth $17,729,000 after acquiring an additional 13,818 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.
Union Pacific Trading Up 0.3 %
Shares of NYSE UNP opened at $248.49 on Thursday. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.63. The stock has a market cap of $150.65 billion, a P/E ratio of 22.41, a price-to-earnings-growth ratio of 2.11 and a beta of 1.06. The firm has a 50-day moving average of $235.43 and a 200 day moving average of $240.31. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.66.
Union Pacific Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be given a $1.34 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $5.36 annualized dividend and a dividend yield of 2.16%. Union Pacific’s dividend payout ratio (DPR) is presently 48.33%.
Insider Buying and Selling
In other Union Pacific news, 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 value of $1,875,000.00. Following the completion of the transaction, the president now owns 64,960 shares in the company, valued at $16,240,000. This represents a 10.35 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Craig V. Richardson sold 6,495 shares of the 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 sale, the executive vice president now owns 26,319 shares of the company’s stock, valued at $6,632,388. This trade represents a 19.79 % decrease in their position. The disclosure for this sale can be found here. 0.28% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently commented on the stock. JPMorgan Chase & Co. reduced their price objective on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Loop Capital downgraded Union Pacific from a “hold” rating to a “sell” rating and cut their price target for the stock from $265.00 to $200.00 in a research note on Monday, February 3rd. Citigroup boosted their target price on shares of Union Pacific from $254.00 to $260.00 and gave the stock a “neutral” rating in a report on Friday, January 24th. BMO Capital Markets raised their price objective on Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Finally, Benchmark boosted their target price on shares of Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, January 24th. One equities 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, Union Pacific has a consensus rating of “Moderate Buy” and an average target price of $261.40.
Get Our Latest Analysis on Union Pacific
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.
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