State of Alaska Department of Revenue Has $15.76 Million Holdings in Union Pacific Co. (NYSE:UNP)

State of Alaska Department of Revenue decreased its stake in Union Pacific Co. (NYSE:UNP) by 4.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 69,121 shares of the railroad operator’s stock after selling 3,497 shares during the quarter. State of Alaska Department of Revenue’s holdings in Union Pacific were worth $15,762,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Czech National Bank raised its holdings in Union Pacific by 6.7% in the third quarter. Czech National Bank now owns 124,100 shares of the railroad operator’s stock worth $30,588,000 after purchasing an additional 7,836 shares during the period. Aprio Wealth Management LLC raised its stake in Union Pacific by 8.3% during the 3rd quarter. Aprio Wealth Management LLC now owns 963 shares of the railroad operator’s stock worth $237,000 after buying an additional 74 shares during the period. Axiom Advisory LLC lifted its holdings in Union Pacific by 2.7% during the third quarter. Axiom Advisory LLC now owns 2,496 shares of the railroad operator’s stock worth $601,000 after acquiring an additional 66 shares in the last quarter. Sugarloaf Wealth Management LLC increased its holdings in shares of Union Pacific by 27.4% in the third quarter. Sugarloaf Wealth Management LLC now owns 298 shares of the railroad operator’s stock worth $73,000 after acquiring an additional 64 shares in the last quarter. Finally, O Keefe Stevens Advisory Inc. raised its position in shares of Union Pacific by 16.0% during the third quarter. O Keefe Stevens Advisory Inc. now owns 15,158 shares of the railroad operator’s stock worth $3,736,000 after purchasing an additional 2,090 shares during the period. Institutional investors own 80.38% of the company’s stock.

Insider Activity

In related news, President Elizabeth F. Whited sold 7,500 shares of the stock in a transaction that occurred on 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 sale, the president now owns 64,960 shares of the company’s stock, valued at $16,240,000. This represents a 10.35 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Craig V. Richardson sold 6,495 shares of the stock in a transaction on Monday, January 27th. The stock was sold at an average price of $252.00, for a total value of $1,636,740.00. Following the sale, the executive vice president now directly owns 26,319 shares in the company, valued at approximately $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. Insiders own 0.26% of the company’s stock.

Union Pacific Trading Up 0.3 %

Shares of NYSE:UNP opened at $244.27 on Thursday. Union Pacific Co. has a 52-week low of $218.55 and a 52-week high of $258.66. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.63 and a current ratio of 0.77. The company has a market capitalization of $148.09 billion, a P/E ratio of 22.03, a price-to-earnings-growth ratio of 2.15 and a beta of 1.06. The company has a 50-day simple moving average of $235.25 and a 200 day simple moving average of $240.12.

Union Pacific (NYSE:UNP) last released its quarterly earnings data 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 in the previous year, the business earned $2.71 earnings per share. Sell-side analysts forecast that Union Pacific Co. will post 12.03 earnings per share for the current year.

Union Pacific Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were issued a $1.34 dividend. The ex-dividend date was Monday, December 9th. This represents a $5.36 annualized dividend and a dividend yield of 2.19%. Union Pacific’s dividend payout ratio is currently 48.33%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Susquehanna lowered their target price on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Benchmark increased their price objective on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Barclays boosted their price objective on shares of Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a research report on Wednesday, November 13th. Royal Bank of Canada dropped their price target on Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Finally, Citigroup upped their price objective on Union Pacific from $254.00 to $260.00 and gave the stock a “neutral” rating in a research report on Friday, January 24th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $261.40.

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.