Union Pacific Co. (NYSE:UNP) Stock Holdings Trimmed by Simmons Bank

Simmons Bank reduced its position in Union Pacific Co. (NYSE:UNP) by 3.4% in the 4th quarter, Holdings Channel reports. The institutional investor owned 18,461 shares of the railroad operator’s stock after selling 654 shares during the period. Simmons Bank’s holdings in Union Pacific were worth $4,210,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of UNP. Howard Capital Management Group LLC increased its holdings in Union Pacific by 16.4% in the third quarter. Howard Capital Management Group LLC now owns 2,860 shares of the railroad operator’s stock valued at $705,000 after buying an additional 403 shares during the last quarter. Hunter Associates Investment Management LLC increased its holdings in Union Pacific by 3.4% in the third quarter. Hunter Associates Investment Management LLC now owns 3,040 shares of the railroad operator’s stock valued at $751,000 after buying an additional 100 shares during the last quarter. Pallas Capital Advisors LLC increased its holdings in Union Pacific by 25.2% in the third quarter. Pallas Capital Advisors LLC now owns 2,050 shares of the railroad operator’s stock valued at $473,000 after buying an additional 413 shares during the last quarter. abrdn plc increased its holdings in Union Pacific by 21.8% in the third quarter. abrdn plc now owns 380,460 shares of the railroad operator’s stock valued at $93,182,000 after buying an additional 68,035 shares during the last quarter. Finally, Gateway Wealth Partners LLC bought a new position in shares of Union Pacific during the third quarter valued at approximately $216,000. 80.38% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on UNP shares. Loop Capital lowered Union Pacific from a “hold” rating to a “sell” rating and lowered their target price for the company from $265.00 to $200.00 in a report on Monday, February 3rd. BMO Capital Markets upped their target price on Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a report on Friday, January 24th. Citigroup upped their target price on Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a report on Friday, January 24th. TD Cowen upped their target price on Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a report on Friday, January 24th. Finally, Benchmark boosted their price objective on Union Pacific from $266.00 to $275.00 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 assigned a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $261.40.

Union Pacific Stock Down 0.2 %

NYSE UNP opened at $245.39 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. The firm has a 50-day simple moving average of $238.61 and a 200 day simple moving average of $240.83. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.07. The stock has a market cap of $148.29 billion, a PE ratio of 22.13, a PEG ratio of 2.15 and a beta of 1.06.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share 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 quarter in the prior year, the business earned $2.71 EPS. On average, research analysts forecast 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. Shareholders of record on Friday, February 28th will be given a $1.34 dividend. The ex-dividend date is Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a yield of 2.18%. Union Pacific’s dividend payout ratio (DPR) is presently 48.33%.

Insider Buying and Selling at Union Pacific

In related news, EVP Craig V. Richardson sold 6,495 shares of the business’s stock in a transaction that occurred on 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 sale, the executive vice president now directly owns 26,319 shares of the company’s stock, valued at $6,632,388. The trade was a 19.79 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at 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 transaction 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 represents a 10.35 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.28% of the company’s stock.

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.