Dean Investment Associates LLC decreased its holdings in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 2.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 17,249 shares of the railroad operator’s stock after selling 356 shares during the period. Dean Investment Associates LLC’s holdings in Union Pacific were worth $3,933,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Compass Financial Services Inc acquired a new position in Union Pacific during the 4th quarter worth $25,000. Synergy Asset Management LLC acquired a new stake in Union Pacific in the fourth quarter worth about $29,000. EnRich Financial Partners LLC bought a new position in Union Pacific in the 4th quarter valued at about $31,000. PrairieView Partners LLC acquired a new position in Union Pacific during the 4th quarter valued at about $34,000. Finally, Strategic Investment Solutions Inc. IL raised its position in shares of Union Pacific by 38.8% during the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator’s stock worth $39,000 after buying an additional 45 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.
Union Pacific Stock Down 1.5 %
NYSE:UNP opened at $216.68 on Thursday. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. Union Pacific Co. has a 52-week low of $204.66 and a 52-week high of $258.07. The company has a market cap of $129.86 billion, a price-to-earnings ratio of 19.54, a P/E/G ratio of 2.15 and a beta of 1.06. The stock’s fifty day moving average price is $236.05 and its two-hundred day moving average price is $236.83.
Union Pacific Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, February 28th were issued a $1.34 dividend. The ex-dividend date was Friday, February 28th. This represents a $5.36 annualized dividend and a yield of 2.47%. Union Pacific’s dividend payout ratio is currently 48.33%.
Insider Transactions at Union Pacific
In related news, EVP Craig V. Richardson sold 6,495 shares of the company’s stock in a transaction dated 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 directly owns 26,319 shares in the company, valued at approximately $6,632,388. This represents a 19.79 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible 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 shares were 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 approximately $16,240,000. This trade represents a 10.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.19% of the company’s stock.
Analysts Set New Price Targets
A number of research analysts recently commented on UNP shares. Raymond James lowered their price objective on shares of Union Pacific from $285.00 to $260.00 and set a “strong-buy” rating on the stock in a research note on Friday, April 11th. Robert W. Baird increased their price objective on Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Benchmark boosted their target price on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. UBS Group cut their price objective on Union Pacific from $255.00 to $245.00 and set a “neutral” rating on the stock in a report on Wednesday, April 2nd. Finally, Susquehanna dropped their target price on shares of Union Pacific from $265.00 to $255.00 and set a “neutral” rating on the stock in a research report on Thursday, March 27th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $257.50.
Get Our Latest Analysis on Union Pacific
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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