Borer Denton & Associates Inc. grew its stake in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 0.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 41,246 shares of the railroad operator’s stock after purchasing an additional 77 shares during the quarter. Union Pacific accounts for 3.3% of Borer Denton & Associates Inc.’s investment portfolio, making the stock its 12th biggest position. Borer Denton & Associates Inc.’s holdings in Union Pacific were worth $9,406,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also modified their holdings of the company. Compass Financial Services Inc acquired a new position in shares of Union Pacific in the 4th quarter valued at $25,000. Synergy Asset Management LLC bought a new position in Union Pacific in the 4th quarter worth approximately $29,000. Dunhill Financial LLC grew its position in Union Pacific by 111.5% during the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after buying an additional 68 shares in the last quarter. PrairieView Partners LLC acquired a new position in Union Pacific in the fourth quarter worth about $34,000. Finally, Kentucky Trust Co acquired a new stake in shares of Union Pacific during the 4th quarter worth about $40,000. Institutional investors and hedge funds own 80.38% of the company’s stock.
Insider Buying and Selling at Union Pacific
In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of Union Pacific stock in a transaction that occurred on 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 directly owns 26,319 shares of the company’s stock, valued at approximately $6,632,388. The trade was a 19.79 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, President Elizabeth F. Whited sold 7,500 shares of the firm’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 transaction, the president now owns 64,960 shares of the company’s stock, valued at $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. Corporate insiders own 0.28% of the company’s stock.
Union Pacific Trading Up 0.3 %
Union Pacific (NYSE:UNP – Get Free Report) last released its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, beating the consensus estimate 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 company earned $2.71 EPS. On average, analysts predict that Union Pacific Co. will post 11.99 EPS for the current year.
Union Pacific Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be paid a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a yield of 2.27%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific’s dividend payout ratio (DPR) is presently 48.33%.
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on the company. Robert W. Baird boosted their target price on Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Benchmark boosted 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. Raymond James reaffirmed a “strong-buy” rating and set a $285.00 price target (up previously from $265.00) on shares of Union Pacific in a report on Friday, January 24th. Deutsche Bank Aktiengesellschaft started coverage on shares of Union Pacific in a research report on Friday, March 7th. They issued a “buy” rating and a $295.00 price target for the company. Finally, TD Cowen upped their price target on Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Union Pacific presently has a consensus rating of “Moderate Buy” and an average price target of $263.00.
Check Out Our Latest Analysis on Union Pacific
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.
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