Faithward Advisors LLC Has $429,000 Stock Holdings in Union Pacific Co. (NYSE:UNP)

Faithward Advisors LLC raised its position in shares of Union Pacific Co. (NYSE:UNP) by 27.1% in the 4th quarter, Holdings Channel reports. The firm owned 1,883 shares of the railroad operator’s stock after acquiring an additional 402 shares during the period. Faithward Advisors LLC’s holdings in Union Pacific were worth $429,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. APG Asset Management N.V. lifted its holdings in shares of Union Pacific by 645.2% in the fourth quarter. APG Asset Management N.V. now owns 335,600 shares of the railroad operator’s stock worth $73,907,000 after acquiring an additional 290,568 shares during the last quarter. Renaissance Technologies LLC raised its holdings in Union Pacific by 112.1% in the 4th quarter. Renaissance Technologies LLC now owns 61,500 shares of the railroad operator’s stock valued at $14,024,000 after buying an additional 32,500 shares during the last quarter. Bank of Nova Scotia boosted its position in Union Pacific by 387.7% during the 4th quarter. Bank of Nova Scotia now owns 422,485 shares of the railroad operator’s stock worth $96,343,000 after buying an additional 335,855 shares during the period. Canopy Partners LLC grew its holdings in Union Pacific by 2.1% during the 4th quarter. Canopy Partners LLC now owns 2,387 shares of the railroad operator’s stock worth $544,000 after acquiring an additional 50 shares during the last quarter. Finally, Elgethun Capital Management increased its position in Union Pacific by 8.1% in the 4th quarter. Elgethun Capital Management now owns 1,421 shares of the railroad operator’s stock valued at $324,000 after acquiring an additional 106 shares during the period. Institutional investors own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on UNP shares. BMO Capital Markets boosted their price objective on shares of Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. Robert W. Baird increased their price target on Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Stifel Nicolaus lifted their price objective on Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Citigroup upgraded Union Pacific from a “neutral” rating to a “buy” rating and reduced their target price for the company from $260.00 to $244.00 in a report on Tuesday. Finally, Susquehanna lowered their price target on shares of Union Pacific from $265.00 to $255.00 and set a “neutral” rating for the company in a report on Thursday, March 27th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $261.76.

Union Pacific Stock Performance

Shares of UNP stock opened at $207.88 on Wednesday. Union Pacific Co. has a 12 month low of $204.66 and a 12 month high of $258.07. The firm has a market capitalization of $124.58 billion, a PE ratio of 18.74, a price-to-earnings-growth ratio of 2.15 and a beta of 1.06. The firm has a fifty day simple moving average of $239.46 and a two-hundred day simple moving average of $237.91. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76.

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, topping analysts’ consensus estimates 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 last year, the firm posted $2.71 EPS. Analysts forecast that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, February 28th were given a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a yield of 2.58%. The ex-dividend date was Friday, February 28th. Union Pacific’s payout ratio is currently 48.33%.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 7,500 shares of the business’s stock in a transaction on Friday, January 24th. The stock was 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 approximately $16,240,000. The trade was a 10.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Craig V. Richardson sold 6,495 shares of the company’s stock in a transaction on Monday, January 27th. The shares were 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 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. Company insiders own 0.28% of the company’s stock.

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.