Union Pacific Co. (NYSE:UNP) Shares Sold by Rathbones Group PLC

Rathbones Group PLC lowered its stake in shares of Union Pacific Co. (NYSE:UNP) by 4.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 40,343 shares of the railroad operator’s stock after selling 1,702 shares during the quarter. Rathbones Group PLC’s holdings in Union Pacific were worth $9,200,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Howard Capital Management Group LLC lifted its holdings in shares of Union Pacific by 16.4% in the 3rd quarter. Howard Capital Management Group LLC now owns 2,860 shares of the railroad operator’s stock valued at $705,000 after purchasing an additional 403 shares during the last quarter. Zacks Investment Management boosted its holdings in shares of Union Pacific by 23.4% in the third quarter. Zacks Investment Management now owns 3,335 shares of the railroad operator’s stock valued at $822,000 after acquiring an additional 632 shares during the period. XTX Topco Ltd purchased a new position in shares of Union Pacific during the third quarter worth approximately $1,100,000. Dunhill Financial LLC increased its holdings in shares of Union Pacific by 111.5% in the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after acquiring an additional 68 shares during the period. Finally, Headinvest LLC raised its position in Union Pacific by 10.8% in the 3rd quarter. Headinvest LLC now owns 1,409 shares of the railroad operator’s stock valued at $347,000 after purchasing an additional 137 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. Wells Fargo & Company lowered their price objective on shares of Union Pacific from $265.00 to $260.00 and set an “overweight” rating on the stock in a research report on Thursday, March 27th. Guggenheim raised their price target on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Citigroup upped their price objective on Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research note on Friday, January 24th. TD Cowen increased their price objective on Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Finally, Deutsche Bank Aktiengesellschaft started coverage on Union Pacific in a report on Friday, March 7th. They issued a “buy” rating and a $295.00 target price on the stock. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $261.95.

Insider Buying and Selling at Union Pacific

In related news, President Elizabeth F. Whited sold 7,500 shares of the firm’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 transaction of $1,875,000.00. Following the sale, the president now owns 64,960 shares in the company, valued at approximately $16,240,000. This trade represents a 10.35 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Craig V. Richardson sold 6,495 shares of the 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 in the company, valued at approximately $6,632,388. This 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 insiders.

Union Pacific Stock Down 1.6 %

UNP opened at $209.79 on Tuesday. Union Pacific Co. has a one year low of $204.79 and a one year high of $258.07. The company has a market cap of $125.73 billion, a price-to-earnings ratio of 18.92, a PEG ratio of 2.15 and a beta of 1.06. The business’s fifty day moving average is $241.13 and its two-hundred day moving average is $238.39. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share 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 quarter in the prior year, the company posted $2.71 earnings per share. Analysts anticipate that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, February 28th were paid a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a yield of 2.55%. The ex-dividend date was Friday, February 28th. Union Pacific’s payout ratio is currently 48.33%.

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.