Jag Capital Management LLC Has $3.10 Million Stock Holdings in Union Pacific Co. (NYSE:UNP)

Jag Capital Management LLC increased its holdings in shares of Union Pacific Co. (NYSE:UNP) by 1.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 13,570 shares of the railroad operator’s stock after purchasing an additional 208 shares during the period. Jag Capital Management LLC’s holdings in Union Pacific were worth $3,095,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. World Investment Advisors LLC lifted its position in shares of Union Pacific by 103.1% during 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 increased its stake in Union Pacific by 9.3% during the fourth quarter. abrdn plc now owns 415,874 shares of the railroad operator’s stock valued at $94,588,000 after acquiring an additional 35,414 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in Union Pacific by 2.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator’s stock valued at $44,348,000 after acquiring an additional 4,939 shares during the period. Border to Coast Pensions Partnership Ltd increased its stake in Union Pacific by 24.2% during the fourth quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator’s stock valued at $63,185,000 after acquiring an additional 53,946 shares during the period. Finally, Pensionfund Sabic increased its stake in Union Pacific by 61.5% during the fourth quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator’s stock valued at $2,394,000 after acquiring an additional 4,000 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Down 0.5 %

NYSE:UNP opened at $245.50 on Tuesday. The stock’s fifty day moving average price is $239.83 and its two-hundred day moving average price is $240.97. Union Pacific Co. has a 52-week low of $218.55 and a 52-week high of $258.07. 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 company has a market cap of $148.35 billion, a price-to-earnings ratio of 22.14, a P/E/G ratio of 2.15 and a beta of 1.06.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, topping the consensus estimate 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 posted $2.71 EPS. On average, analysts anticipate that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be issued a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a yield of 2.18%. The ex-dividend date is Friday, February 28th. Union Pacific’s dividend payout ratio is 48.33%.

Insider Activity

In other news, 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 transaction, the executive vice president now owns 26,319 shares of the company’s stock, valued at $6,632,388. This represents a 19.79 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of the stock in a transaction 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 transaction, the president now directly owns 64,960 shares in the company, valued at approximately $16,240,000. This trade represents a 10.35 % decrease in their position. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on UNP. Guggenheim boosted their price target on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Citigroup boosted their price target on Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research note on Friday, January 24th. Stifel Nicolaus upped 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. Robert W. Baird upped their price objective on Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Finally, Raymond James reiterated a “strong-buy” rating and issued a $285.00 price objective (up from $265.00) on shares of Union Pacific in a research note on Friday, January 24th. One investment 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 stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $261.40.

Union Pacific 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.