Aldebaran Financial Inc. boosted its stake in Union Pacific Co. (NYSE:UNP – Free Report) by 5.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,840 shares of the railroad operator’s stock after acquiring an additional 139 shares during the period. Aldebaran Financial Inc.’s holdings in Union Pacific were worth $647,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Geode Capital Management LLC boosted its position in Union Pacific by 12.6% during the fourth quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator’s stock valued at $3,282,305,000 after acquiring an additional 1,616,895 shares during the last quarter. Capital Research Global Investors grew its stake in Union Pacific by 14.3% during the fourth quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator’s stock worth $2,370,559,000 after purchasing an additional 1,298,178 shares during the period. Norges Bank acquired a new position in Union Pacific in the fourth quarter valued at approximately $1,927,377,000. Franklin Resources Inc. boosted its holdings in shares of Union Pacific by 5.0% during the 4th quarter. Franklin Resources Inc. now owns 7,686,387 shares of the railroad operator’s stock worth $1,752,804,000 after buying an additional 363,937 shares in the last quarter. Finally, Invesco Ltd. increased its stake in shares of Union Pacific by 4.6% in the 4th quarter. Invesco Ltd. now owns 6,439,861 shares of the railroad operator’s stock valued at $1,468,546,000 after acquiring an additional 285,401 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.
Union Pacific Stock Down 1.9 %
UNP stock opened at $216.18 on Tuesday. 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 Co. has a 1-year low of $204.66 and a 1-year high of $258.07. The stock has a market cap of $129.56 billion, a price-to-earnings ratio of 19.49, a price-to-earnings-growth ratio of 2.15 and a beta of 1.06. The company’s 50 day moving average is $234.38 and its 200 day moving average is $236.23.
Union Pacific Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, February 28th were paid a $1.34 dividend. The ex-dividend date was Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a yield of 2.48%. Union Pacific’s dividend payout ratio (DPR) is currently 48.33%.
Insider Buying and Selling at Union Pacific
In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of the business’s stock in a transaction dated 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 transaction, the executive vice president now owns 26,319 shares in the company, valued at approximately $6,632,388. The trade was a 19.79 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President Elizabeth F. Whited sold 7,500 shares of the firm’s stock in a transaction dated 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 sale, the president now directly owns 64,960 shares in the company, valued at $16,240,000. The trade was a 10.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.28% of the company’s stock.
Analyst Ratings Changes
Several research firms have weighed in on UNP. Redburn Atlantic raised shares of Union Pacific from a “neutral” rating to a “buy” rating and set a $259.00 price target for the company in a research note on Wednesday, April 16th. Raymond James dropped their price target on Union Pacific from $285.00 to $260.00 and set a “strong-buy” rating on the stock in a research note on Friday, April 11th. Susquehanna lowered their target price on Union Pacific from $265.00 to $255.00 and set a “neutral” rating on the stock in a research report on Thursday, March 27th. UBS Group reduced their price target on shares of Union Pacific from $255.00 to $245.00 and set a “neutral” rating for the company in a research report on Wednesday, April 2nd. Finally, Guggenheim boosted their target price on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $257.50.
Get Our Latest Stock Report on UNP
Union Pacific 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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