Intrust Bank NA cut its stake in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 2.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,857 shares of the railroad operator’s stock after selling 427 shares during the period. Intrust Bank NA’s holdings in Union Pacific were worth $3,388,000 as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in the company. Compass Financial Services Inc purchased a new position in Union Pacific during the fourth quarter worth about $25,000. Synergy Asset Management LLC bought a new position in shares of Union Pacific during the 4th quarter worth approximately $29,000. Dunhill Financial LLC boosted its stake in shares of Union Pacific by 111.5% in the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after buying an additional 68 shares during the last quarter. PrairieView Partners LLC bought a new position in shares of Union Pacific in the fourth quarter valued at approximately $34,000. Finally, Kentucky Trust Co purchased a new stake in shares of Union Pacific during the fourth quarter valued at approximately $40,000. Institutional investors own 80.38% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on UNP shares. Benchmark upped their price objective on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Union Pacific in a research report on Friday, March 7th. They set a “buy” rating and a $295.00 price target for the company. TD Cowen lifted their price objective on shares of Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Guggenheim increased their target price on shares of Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Finally, BMO Capital Markets lifted their price target on shares of Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Union Pacific has an average rating of “Moderate Buy” and a consensus price target of $262.76.
Union Pacific Trading Down 1.7 %
Shares of Union Pacific stock opened at $232.06 on Friday. The company’s 50-day moving average price is $243.11 and its 200-day moving average price is $239.56. The company has a market cap of $140.23 billion, a price-to-earnings ratio of 20.93, a PEG ratio of 2.15 and a beta of 1.05. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.07. 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 (NYSE:UNP – Get Free Report) last released its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, beating analysts’ consensus estimates 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 quarter last year, the company posted $2.71 earnings per share. On average, equities analysts expect that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.
Union Pacific Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders 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 dividend on an annualized basis and a yield of 2.31%. Union Pacific’s dividend payout ratio is currently 48.33%.
Insider Buying and Selling at Union Pacific
In other news, EVP Craig V. Richardson sold 6,495 shares of the stock in a transaction dated Monday, January 27th. The stock was 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. This represents a 19.79 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, President Elizabeth F. Whited sold 7,500 shares of the business’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 completion of the sale, the president now owns 64,960 shares of the company’s stock, valued at $16,240,000. The trade was a 10.35 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.28% of the company’s stock.
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.
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