Belpointe Asset Management LLC Has $1.79 Million Holdings in Union Pacific Co. (NYSE:UNP)

Belpointe Asset Management LLC trimmed its position in Union Pacific Co. (NYSE:UNP) by 1.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,850 shares of the railroad operator’s stock after selling 99 shares during the quarter. Belpointe Asset Management LLC’s holdings in Union Pacific were worth $1,790,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in UNP. Norges Bank acquired a new position in Union Pacific in the 4th quarter worth approximately $1,927,377,000. Raymond James Financial Inc. purchased a new stake in shares of Union Pacific in the fourth quarter valued at $1,035,905,000. Geode Capital Management LLC boosted its position in shares of Union Pacific by 12.6% in the fourth quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator’s stock worth $3,282,305,000 after buying an additional 1,616,895 shares during the period. Vontobel Holding Ltd. grew its holdings in shares of Union Pacific by 74.7% during the fourth quarter. Vontobel Holding Ltd. now owns 2,146,990 shares of the railroad operator’s stock valued at $489,600,000 after buying an additional 918,248 shares in the last quarter. Finally, Franklin Resources Inc. raised its position in Union Pacific by 9.3% during the third quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator’s stock valued at $1,795,993,000 after buying an additional 625,492 shares during the period. 80.38% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Union Pacific

In other news, EVP Craig V. Richardson sold 6,495 shares of the 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 completion of 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 position. The sale was disclosed in a filing with the SEC, 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 transaction of $1,875,000.00. Following the transaction, the president now directly owns 64,960 shares of the company’s stock, 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. Insiders own 0.28% of the company’s stock.

Union Pacific Stock Up 1.6 %

Union Pacific stock opened at $222.18 on Tuesday. The firm has a market cap of $133.16 billion, a price-to-earnings ratio of 20.03, a P/E/G ratio of 2.15 and a beta of 1.06. The firm has a fifty day moving average price of $237.03 and a two-hundred day moving average price of $237.08. Union Pacific Co. has a fifty-two week low of $204.66 and a fifty-two week high of $258.07. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62.

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, beating 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 period last year, the company posted $2.71 EPS. As a group, analysts forecast that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, February 28th were given a $1.34 dividend. The ex-dividend date was Friday, February 28th. This represents a $5.36 annualized dividend and a yield of 2.41%. Union Pacific’s dividend payout ratio is 48.33%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Robert W. Baird raised their price objective on Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Loop Capital downgraded shares of Union Pacific from a “hold” rating to a “sell” rating and lowered their price objective for the company from $265.00 to $200.00 in a research report on Monday, February 3rd. BMO Capital Markets increased their target price on shares of Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Jefferies Financial Group lowered their price target on shares of Union Pacific from $255.00 to $230.00 and set a “hold” rating on the stock in a report on Wednesday, April 9th. Finally, Stifel Nicolaus cut their price objective on Union Pacific from $270.00 to $248.00 and set a “buy” rating for the company in a report on Monday. One analyst has rated the stock with a sell rating, seven have issued a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $257.43.

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.