Amalgamated Bank Sells 3,639 Shares of Union Pacific Co. (NYSE:UNP)

Amalgamated Bank lowered its stake in shares of Union Pacific Co. (NYSE:UNP) by 2.9% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 121,273 shares of the railroad operator’s stock after selling 3,639 shares during the quarter. Amalgamated Bank’s holdings in Union Pacific were worth $27,655,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in UNP. Howard Capital Management Group LLC lifted its stake in Union Pacific by 16.4% in the third quarter. Howard Capital Management Group LLC now owns 2,860 shares of the railroad operator’s stock valued at $705,000 after purchasing an additional 403 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Union Pacific by 15.3% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 42,514 shares of the railroad operator’s stock valued at $10,383,000 after buying an additional 5,646 shares during the period. Arkadios Wealth Advisors lifted its position in shares of Union Pacific by 51.7% during the 3rd quarter. Arkadios Wealth Advisors now owns 3,636 shares of the railroad operator’s stock valued at $896,000 after buying an additional 1,239 shares during the last quarter. GHP Investment Advisors Inc. grew its stake in shares of Union Pacific by 4.3% during the 3rd quarter. GHP Investment Advisors Inc. now owns 1,258 shares of the railroad operator’s stock worth $310,000 after acquiring an additional 52 shares during the period. Finally, J.W. Cole Advisors Inc. increased its holdings in Union Pacific by 8.8% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 13,694 shares of the railroad operator’s stock worth $3,375,000 after acquiring an additional 1,103 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Insider Buying and Selling at Union Pacific

In related news, President Elizabeth F. Whited sold 7,500 shares of the company’s 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 sale, the president now owns 64,960 shares in the company, valued at $16,240,000. This represents a 10.35 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Craig V. Richardson sold 6,495 shares of Union Pacific 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 transaction, the executive vice president now 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 disclosure for this sale can be found here. Insiders own 0.28% of the company’s stock.

Wall Street Analyst Weigh In

UNP has been the subject of a number of research reports. Raymond James reiterated a “strong-buy” rating and set a $285.00 target price (up previously from $265.00) on shares of Union Pacific in a research report on Friday, January 24th. TD Cowen raised their price objective on shares of Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Loop Capital lowered shares of Union Pacific from a “hold” rating to a “sell” rating and reduced their price objective for the company from $265.00 to $200.00 in a research note on Monday, February 3rd. Stifel Nicolaus increased their target price on Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Finally, Barclays lifted their price target on 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 assigned a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and a consensus target price of $261.40.

Union Pacific Trading Down 1.3 %

NYSE:UNP opened at $242.39 on Tuesday. The company has a 50-day moving average price of $237.87 and a 200-day moving average price of $240.74. The stock has a market cap of $146.47 billion, a price-to-earnings ratio of 21.86, a P/E/G ratio of 2.15 and a beta of 1.06. 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 12 month low of $218.55 and a 12 month high of $258.66.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, topping the consensus estimate 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 earned $2.71 earnings per share. Equities analysts predict that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors 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 2.21%. Union Pacific’s payout ratio is 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.