Union Pacific Co. (NYSE:UNP) Holdings Lowered by Checchi Capital Advisers LLC

Checchi Capital Advisers LLC trimmed its stake in shares of Union Pacific Co. (NYSE:UNP) by 2.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,785 shares of the railroad operator’s stock after selling 138 shares during the quarter. Checchi Capital Advisers LLC’s holdings in Union Pacific were worth $1,319,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. World Investment Advisors LLC grew its stake in shares of Union Pacific by 103.1% in the 3rd quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock worth $8,770,000 after purchasing an additional 18,060 shares during the last quarter. abrdn plc grew its stake in shares of Union Pacific by 9.3% in the 4th quarter. abrdn plc now owns 415,874 shares of the railroad operator’s stock worth $94,588,000 after purchasing an additional 35,414 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Union Pacific by 2.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator’s stock worth $44,348,000 after purchasing an additional 4,939 shares during the last quarter. Border to Coast Pensions Partnership Ltd grew its stake in shares of 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 during the last quarter. Finally, Pensionfund Sabic grew its stake in shares of Union Pacific by 61.5% in the 4th quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator’s stock worth $2,394,000 after purchasing an additional 4,000 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors.

Insider Activity

In other news, President Elizabeth F. Whited sold 7,500 shares of the firm’s stock in a transaction dated Friday, January 24th. The shares were sold at an average price of $250.00, for a total value of $1,875,000.00. Following the transaction, the president now owns 64,960 shares of the company’s stock, valued at approximately $16,240,000. This trade represents a 10.35 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Craig V. Richardson sold 6,495 shares of the firm’s stock in a transaction dated Monday, January 27th. The shares were 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 directly owns 26,319 shares in the company, valued at $6,632,388. This trade represents a 19.79 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.28% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on UNP shares. Guggenheim lifted their price objective on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Barclays lifted their price objective on shares of Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 13th. Loop Capital cut shares of Union Pacific from a “hold” rating to a “sell” rating and lowered their price objective for the stock from $265.00 to $200.00 in a research note on Monday, February 3rd. Robert W. Baird lifted their target price on shares of Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Finally, Stifel Nicolaus lifted their target price 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 equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and a consensus price target of $261.40.

Union Pacific Trading Down 0.2 %

UNP opened at $245.39 on Thursday. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76. The stock has a market capitalization of $148.29 billion, a PE ratio of 22.13, a PEG ratio of 2.15 and a beta of 1.06. Union Pacific Co. has a 1-year low of $218.55 and a 1-year high of $258.07. The firm has a 50-day moving average price of $238.61 and a two-hundred day moving average price of $240.83.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share 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 period in the previous year, the firm posted $2.71 earnings per share. As a group, equities analysts anticipate 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. Stockholders of record on Friday, February 28th will be paid a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.18%. The ex-dividend date is Friday, February 28th. Union Pacific’s dividend payout ratio (DPR) is presently 48.33%.

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.