Slagle Financial LLC Has $1.61 Million Stake in Union Pacific Co. (NYSE:UNP)

Slagle Financial LLC raised its stake in Union Pacific Co. (NYSE:UNP) by 4.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 7,067 shares of the railroad operator’s stock after buying an additional 269 shares during the quarter. Slagle Financial LLC’s holdings in Union Pacific were worth $1,612,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. World Investment Advisors LLC lifted its stake in Union Pacific by 103.1% during the 3rd quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock valued at $8,770,000 after acquiring an additional 18,060 shares in the last quarter. abrdn plc lifted its position in shares of Union Pacific by 9.3% during the fourth quarter. abrdn plc now owns 415,874 shares of the railroad operator’s stock valued at $94,588,000 after purchasing an additional 35,414 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Union Pacific by 2.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator’s stock valued at $44,348,000 after purchasing an additional 4,939 shares in the last quarter. Border to Coast Pensions Partnership Ltd grew its position in Union Pacific by 24.2% in the 4th quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator’s stock worth $63,185,000 after purchasing an additional 53,946 shares in the last quarter. Finally, Pensionfund Sabic increased its stake in Union Pacific by 61.5% in the 4th quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator’s stock valued at $2,394,000 after buying an additional 4,000 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Insider Buying and Selling

In other news, President Elizabeth F. Whited sold 7,500 shares of the firm’s stock in a transaction on Friday, January 24th. The shares were sold at an average price of $250.00, for a total transaction of $1,875,000.00. Following the sale, the president now owns 64,960 shares in the company, valued at approximately $16,240,000. This trade represents a 10.35 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Craig V. Richardson sold 6,495 shares of the company’s stock in a transaction on 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 completion of the transaction, the executive vice president now owns 26,319 shares of the company’s stock, valued at $6,632,388. This trade represents a 19.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by company insiders.

Union Pacific Stock Down 0.8 %

UNP stock opened at $236.07 on Friday. The stock has a 50-day simple moving average of $243.15 and a two-hundred day simple moving average of $239.69. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.07. The firm has a market capitalization of $142.65 billion, a PE ratio of 21.29, a PEG ratio of 2.15 and a beta of 1.05. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, beating 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 quarter in the previous year, the company earned $2.71 earnings per share. On average, equities analysts predict that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be given 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 dividend yield of 2.27%. Union Pacific’s dividend payout ratio (DPR) is presently 48.33%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on UNP. Raymond James restated a “strong-buy” rating and issued a $285.00 target price (up previously from $265.00) on shares of Union Pacific in a research note on Friday, January 24th. Citigroup upped their price objective on Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research note on Friday, January 24th. Deutsche Bank Aktiengesellschaft started coverage on Union Pacific in a research note on Friday, March 7th. They set a “buy” rating and a $295.00 target price on the stock. Wells Fargo & Company reduced their price target on shares of Union Pacific from $265.00 to $260.00 and set an “overweight” rating for the company in a research report on Thursday. Finally, Stifel Nicolaus lifted their price objective on shares of Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $262.76.

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.