Linscomb Wealth Inc. boosted its holdings in Union Pacific Co. (NYSE:UNP – Free Report) by 0.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 16,303 shares of the railroad operator’s stock after acquiring an additional 146 shares during the quarter. Linscomb Wealth Inc.’s holdings in Union Pacific were worth $3,718,000 as of its most recent filing with the SEC.
Several other institutional investors also recently made changes to their positions in UNP. Compass Financial Services Inc purchased a new stake in Union Pacific during the fourth quarter worth about $25,000. Synergy Asset Management LLC acquired a new stake in shares of Union Pacific during the 4th quarter valued at approximately $29,000. Catalyst Capital Advisors LLC purchased a new position in Union Pacific in the 3rd quarter valued at approximately $30,000. Dunhill Financial LLC raised its holdings in Union Pacific by 111.5% during the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 68 shares during the last quarter. Finally, Peterson Financial Group Inc. purchased a new stake in Union Pacific during the third quarter worth $32,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several research analysts have recently issued reports on UNP shares. Robert W. Baird lifted their price target on Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. Raymond James restated a “strong-buy” rating and set a $285.00 price objective (up from $265.00) on shares of Union Pacific in a research report on Friday, January 24th. Benchmark increased their target price on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a report on Friday, January 24th. Stifel Nicolaus increased their price objective on Union Pacific from $253.00 to $270.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Finally, TD Cowen boosted their target price on shares of Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a research note on Friday, January 24th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $261.40.
Union Pacific Stock Performance
NYSE UNP opened at $245.12 on Friday. The business’s 50-day simple moving average is $239.05 and its 200-day simple moving average is $240.86. The firm has a market capitalization of $148.12 billion, a P/E ratio of 22.10, a P/E/G 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 company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62.
Union Pacific (NYSE:UNP – Get Free Report) last posted its earnings results 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 quarter last year, the business posted $2.71 EPS. Equities analysts predict that Union Pacific Co. will post 11.99 EPS for the current year.
Union Pacific Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be paid a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a yield of 2.19%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific’s dividend payout ratio (DPR) is 48.33%.
Insiders Place Their Bets
In other Union Pacific news, President Elizabeth F. Whited sold 7,500 shares of the company’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 transaction, the president now directly owns 64,960 shares of the company’s stock, valued at $16,240,000. This represents a 10.35 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Craig V. Richardson sold 6,495 shares of the stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $252.00, for a total value of $1,636,740.00. Following the transaction, the executive vice president now owns 26,319 shares of the company’s stock, 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. 0.28% of the stock is currently owned by company insiders.
Union Pacific Company Profile
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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