Colonial Trust Advisors cut its holdings in Union Pacific Co. (NYSE:UNP – Free Report) by 0.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 70,033 shares of the railroad operator’s stock after selling 190 shares during the quarter. Union Pacific comprises approximately 1.4% of Colonial Trust Advisors’ holdings, making the stock its 17th largest position. Colonial Trust Advisors’ holdings in Union Pacific were worth $15,970,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of UNP. Compass Financial Services Inc bought a new stake in shares of Union Pacific in the 4th quarter valued at about $25,000. Synergy Asset Management LLC acquired a new position in shares of Union Pacific during the fourth quarter worth $29,000. PrairieView Partners LLC bought a new position in shares of Union Pacific during the 4th quarter worth about $34,000. Kentucky Trust Co purchased a new stake in Union Pacific in the 4th quarter valued at about $40,000. Finally, R Squared Ltd purchased a new stake in shares of Union Pacific during the 4th quarter worth approximately $43,000. Institutional investors own 80.38% of the company’s stock.
Union Pacific Price Performance
UNP opened at $223.77 on Thursday. The stock has a market cap of $134.11 billion, a P/E ratio of 20.18, a PEG ratio of 2.15 and a beta of 1.06. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. Union Pacific Co. has a 52-week low of $204.66 and a 52-week high of $258.07. The business has a fifty day moving average of $238.46 and a 200 day moving average of $237.67.
Union Pacific Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, February 28th were given a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a yield of 2.40%. The ex-dividend date of this dividend was Friday, February 28th. Union Pacific’s payout ratio is 48.33%.
Analyst Ratings Changes
Several research firms have issued reports on UNP. Raymond James restated a “strong-buy” rating and set a $285.00 price target (up from $265.00) on shares of Union Pacific in a research report on Friday, January 24th. Jefferies Financial Group reduced their price target on shares of Union Pacific from $255.00 to $230.00 and set a “hold” rating for the company in a report on Wednesday. Guggenheim upped their price objective on shares of Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a report on Friday, January 24th. Robert W. Baird increased their target price on shares of Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Finally, TD Cowen boosted their target price on shares of Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $260.32.
Check Out Our Latest Analysis on Union Pacific
Insider Activity at Union Pacific
In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of Union Pacific stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $252.00, for a total transaction 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. The trade was a 19.79 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of the company’s stock in a transaction on Friday, January 24th. The stock was sold at an average price of $250.00, for a total transaction of $1,875,000.00. Following the completion of the sale, the president now owns 64,960 shares of the company’s stock, valued at $16,240,000. This represents a 10.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.28% of the stock is owned by corporate insiders.
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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