Garrison Point Advisors LLC Sells 70 Shares of Union Pacific Co. (NYSE:UNP)

Garrison Point Advisors LLC trimmed its holdings in Union Pacific Co. (NYSE:UNP) by 0.9% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 7,870 shares of the railroad operator’s stock after selling 70 shares during the quarter. Union Pacific comprises approximately 0.9% of Garrison Point Advisors LLC’s portfolio, making the stock its 29th biggest position. Garrison Point Advisors LLC’s holdings in Union Pacific were worth $1,795,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of UNP. Titleist Asset Management LLC boosted its stake in shares of Union Pacific by 5.3% in the 4th quarter. Titleist Asset Management LLC now owns 3,960 shares of the railroad operator’s stock worth $903,000 after buying an additional 198 shares during the last quarter. Cascades Capital Asset Management LLC lifted its holdings in Union Pacific by 6.2% in the fourth quarter. Cascades Capital Asset Management LLC now owns 1,518 shares of the railroad operator’s stock valued at $346,000 after acquiring an additional 88 shares during the period. Mirabaud Asset Management Ltd boosted its position in Union Pacific by 102.8% in the fourth quarter. Mirabaud Asset Management Ltd now owns 6,016 shares of the railroad operator’s stock worth $1,370,000 after purchasing an additional 3,049 shares during the last quarter. Ilmarinen Mutual Pension Insurance Co grew its stake in shares of Union Pacific by 33.6% during the 4th quarter. Ilmarinen Mutual Pension Insurance Co now owns 87,500 shares of the railroad operator’s stock valued at $19,954,000 after purchasing an additional 22,000 shares during the period. Finally, Russell Investments Group Ltd. increased its position in shares of Union Pacific by 6.9% during the 4th quarter. Russell Investments Group Ltd. now owns 485,621 shares of the railroad operator’s stock valued at $110,727,000 after purchasing an additional 31,184 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Insider Buying and Selling

In other 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 value of $1,636,740.00. Following the completion of the transaction, the executive vice president now owns 26,319 shares in the company, valued at approximately $6,632,388. The trade was a 19.79 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President Elizabeth F. Whited sold 7,500 shares of the business’s stock in a transaction that occurred 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 directly owns 64,960 shares in the company, valued at approximately $16,240,000. This represents a 10.35 % decrease in their position. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by company insiders.

Union Pacific Stock Performance

NYSE:UNP opened at $212.86 on Friday. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. The company has a market cap of $127.57 billion, a price-to-earnings ratio of 19.19, a PEG ratio of 2.15 and a beta of 1.06. Union Pacific Co. has a 1 year low of $212.55 and a 1 year high of $258.07. The stock’s 50 day simple moving average is $242.01 and its two-hundred day simple moving average is $238.75.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, topping 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 previous year, the firm earned $2.71 EPS. As a group, equities analysts anticipate that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, February 28th were issued a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.52%. The ex-dividend date was Friday, February 28th. Union Pacific’s payout ratio is 48.33%.

Analyst Ratings Changes

Several analysts recently issued reports on UNP shares. Citigroup boosted their target price on shares of Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research report on Friday, January 24th. UBS Group cut their price objective on shares of Union Pacific from $255.00 to $245.00 and set a “neutral” rating for the company in a research report on Wednesday. TD Cowen raised their target price on Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a report on Friday, January 24th. 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 research report on Friday, January 24th. Finally, Susquehanna reduced their price target on Union Pacific from $265.00 to $255.00 and set a “neutral” rating for the company in a research report on Thursday, March 27th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $261.95.

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.