DekaBank Deutsche Girozentrale boosted its holdings in Union Pacific Co. (NYSE:UNP) by 4.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 158,452 shares of the railroad operator’s stock after acquiring an additional 6,166 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in Union Pacific were worth $32,337,000 at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. V Wealth Advisors LLC boosted its stake in Union Pacific by 459.4% in the fourth quarter. V Wealth Advisors LLC now owns 9,700 shares of the railroad operator’s stock valued at $2,020,000 after buying an additional 7,966 shares in the last quarter. Hartford Investment Management Co. boosted its stake in Union Pacific by 11.7% in the fourth quarter. Hartford Investment Management Co. now owns 79,911 shares of the railroad operator’s stock valued at $16,639,000 after buying an additional 8,389 shares in the last quarter. Beaumont Financial Partners LLC boosted its stake in Union Pacific by 22.6% in the fourth quarter. Beaumont Financial Partners LLC now owns 7,792 shares of the railroad operator’s stock valued at $1,622,000 after buying an additional 1,435 shares in the last quarter. First Trust Advisors LP boosted its stake in Union Pacific by 0.8% in the fourth quarter. First Trust Advisors LP now owns 1,107,338 shares of the railroad operator’s stock valued at $230,570,000 after buying an additional 8,384 shares in the last quarter. Finally, Journey Advisory Group LLC acquired a new stake in Union Pacific in the fourth quarter valued at about $1,092,000. 77.83% of the stock is currently owned by institutional investors and hedge funds.
In other news, VP Todd M. Rynaski sold 7,698 shares of the company’s stock in a transaction on Monday, March 8th. The stock was sold at an average price of $212.00, for a total transaction of $1,631,976.00. Following the transaction, the vice president now owns 17,197 shares of the company’s stock, valued at approximately $3,645,764. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Elizabeth F. Whited sold 1,491 shares of the company’s stock in a transaction on Monday, March 8th. The shares were sold at an average price of $215.00, for a total value of $320,565.00. Following the transaction, the executive vice president now directly owns 34,124 shares in the company, valued at approximately $7,336,660. The disclosure for this sale can be found here. 0.20% of the stock is currently owned by insiders.
Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Wednesday, January 20th. The railroad operator reported $2.36 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.25 by $0.11. Union Pacific had a return on equity of 31.71% and a net margin of 27.40%. The business had revenue of $5.14 billion for the quarter, compared to analysts’ expectations of $5.14 billion. During the same quarter in the previous year, the firm earned $2.02 earnings per share. As a group, analysts forecast that Union Pacific Co. will post 8.02 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 31st. Shareholders of record on Friday, February 26th were given a $0.97 dividend. The ex-dividend date of this dividend was Thursday, February 25th. This represents a $3.88 annualized dividend and a yield of 1.75%. Union Pacific’s dividend payout ratio is currently 46.30%.
Several analysts recently weighed in on the company. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell raised their price objective on Union Pacific from $215.00 to $250.00 in a research note on Monday, January 11th. TD Securities lifted their price target on Union Pacific from $225.00 to $230.00 and gave the company a “hold” rating in a research note on Monday, January 11th. Raymond James cut their price target on Union Pacific from $250.00 to $245.00 and set a “strong-buy” rating on the stock in a research note on Friday, January 22nd. Sanford C. Bernstein raised Union Pacific from a “market perform” rating to an “outperform” rating in a research note on Monday, January 11th. Finally, JPMorgan Chase & Co. lifted their price target on Union Pacific from $212.00 to $216.00 and gave the company a “neutral” rating in a research note on Tuesday, January 12th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $204.96.
Union Pacific Profile
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages 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, and other agricultural users; coal and sand, petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.
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