Great Lakes Retirement Inc. Has $1.73 Million Position in Union Pacific Co. (NYSE:UNP)

Great Lakes Retirement Inc. raised its stake in shares of Union Pacific Co. (NYSE:UNP) by 2.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 7,577 shares of the railroad operator’s stock after purchasing an additional 197 shares during the period. Great Lakes Retirement Inc.’s holdings in Union Pacific were worth $1,728,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Compass Financial Services Inc bought a new position in shares of Union Pacific in the 4th quarter valued at approximately $25,000. Synergy Asset Management LLC acquired a new stake in Union Pacific in the 4th quarter valued at approximately $29,000. Catalyst Capital Advisors LLC acquired a new position in shares of Union Pacific during the third quarter worth approximately $30,000. Jamison Private Wealth Management Inc. lifted its holdings in shares of Union Pacific by 265.7% during the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after buying an additional 93 shares during the last quarter. Finally, Dunhill Financial LLC grew its stake in shares of Union Pacific by 111.5% in the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after acquiring an additional 68 shares during the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Union Pacific

In related news, EVP Craig V. Richardson sold 6,495 shares of the business’s stock in a transaction dated 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 sale, the executive vice president now directly owns 26,319 shares of the company’s stock, valued at $6,632,388. The trade was a 19.79 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, President Elizabeth F. Whited sold 7,500 shares of the stock in a transaction that occurred 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 completion of the transaction, the president now owns 64,960 shares in the company, valued at approximately $16,240,000. The trade was a 10.35 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.28% of the company’s stock.

Analyst Ratings Changes

UNP has been the subject of a number of analyst reports. BMO Capital Markets raised their price target 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. TD Cowen boosted their price objective on shares of Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Royal Bank of Canada cut their price target on Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Susquehanna lowered their price objective on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Finally, Benchmark raised their price target on Union Pacific from $266.00 to $275.00 and gave the stock 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 assigned a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $261.40.

Union Pacific Price Performance

Union Pacific stock opened at $247.81 on Wednesday. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.76. The company has a market capitalization of $150.24 billion, a price-to-earnings ratio of 22.35, a PEG ratio of 2.11 and a beta of 1.06. The stock’s 50 day moving average is $235.21 and its 200-day moving average is $240.25. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.66.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.76 by $0.15. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. During the same quarter last year, the company posted $2.71 EPS. Equities research analysts expect that Union Pacific Co. will post 12.01 EPS for the current year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be issued a $1.34 dividend. The ex-dividend date is Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a yield of 2.16%. Union Pacific’s payout ratio is presently 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.