Focus Financial Network Inc. trimmed its holdings in Union Pacific Co. (NYSE:UNP – Free Report) by 3.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,739 shares of the railroad operator’s stock after selling 145 shares during the quarter. Focus Financial Network Inc.’s holdings in Union Pacific were worth $1,081,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. World Investment Advisors LLC increased its holdings in shares of Union Pacific by 103.1% during the third quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock valued at $8,770,000 after purchasing an additional 18,060 shares during the period. abrdn plc increased its stake in Union Pacific by 9.3% during the 4th quarter. abrdn plc now owns 415,874 shares of the railroad operator’s stock valued at $94,588,000 after buying an additional 35,414 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in shares of Union Pacific by 2.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator’s stock worth $44,348,000 after buying an additional 4,939 shares in the last quarter. Border to Coast Pensions Partnership Ltd lifted its stake in shares of Union Pacific by 24.2% in the 4th quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator’s stock worth $63,185,000 after acquiring an additional 53,946 shares during the period. Finally, Pensionfund Sabic boosted its holdings in shares of Union Pacific by 61.5% in the fourth quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator’s stock valued at $2,394,000 after acquiring an additional 4,000 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
UNP has been the topic of several recent analyst reports. 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 report on Friday, January 24th. Benchmark boosted their price objective on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Citigroup raised their target price on Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research note on Friday, January 24th. Wells Fargo & Company dropped their price target on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 7th. Finally, Barclays raised their price objective on shares of Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a research report on Wednesday, November 13th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $261.40.
Union Pacific Price Performance
UNP opened at $248.49 on Thursday. The firm has a market capitalization of $150.65 billion, a P/E ratio of 22.41, a PEG ratio of 2.11 and a beta of 1.06. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.66. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. The stock has a fifty day moving average of $235.43 and a 200-day moving average of $240.31.
Union Pacific (NYSE:UNP – Get Free Report) last announced its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, topping analysts’ consensus estimates 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 firm posted $2.71 earnings per share. Equities analysts forecast that Union Pacific Co. will post 12.01 EPS for the current fiscal 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 $1.34 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $5.36 annualized dividend and a yield of 2.16%. Union Pacific’s dividend payout ratio is presently 48.33%.
Insiders Place Their Bets
In related news, EVP Craig V. Richardson sold 6,495 shares of the 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 transaction, the executive vice president now owns 26,319 shares in the company, valued at approximately $6,632,388. This represents a 19.79 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, 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 transaction, the president now directly 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. Insiders own 0.28% of the company’s stock.
Union Pacific Company 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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