AIA Group Ltd reduced its stake in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 22.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,079 shares of the railroad operator’s stock after selling 591 shares during the quarter. AIA Group Ltd’s holdings in Union Pacific were worth $511,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also made changes to their positions in UNP. BluePath Capital Management LLC purchased a new stake in shares of Union Pacific in the third quarter valued at approximately $25,000. Valued Wealth Advisors LLC purchased a new stake in shares of Union Pacific in the fourth quarter valued at approximately $28,000. Coppell Advisory Solutions Corp. purchased a new stake in shares of Union Pacific in the fourth quarter valued at approximately $32,000. Tyler Stone Wealth Management purchased a new stake in shares of Union Pacific in the second quarter valued at approximately $33,000. Finally, IMA Wealth Inc. purchased a new stake in shares of Union Pacific during the second quarter worth approximately $37,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.
Union Pacific Stock Performance
Shares of Union Pacific stock opened at $232.08 on Friday. Union Pacific Co. has a 52 week low of $190.37 and a 52 week high of $258.66. The business’s fifty day simple moving average is $245.29 and its 200-day simple moving average is $233.73. The firm has a market cap of $141.59 billion, a PE ratio of 22.19, a price-to-earnings-growth ratio of 2.48 and a beta of 1.07. The company has a quick ratio of 0.67, a current ratio of 0.81 and a debt-to-equity ratio of 2.11.
Union Pacific Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Thursday, February 29th were issued a $1.30 dividend. The ex-dividend date was Wednesday, February 28th. This represents a $5.20 annualized dividend and a dividend yield of 2.24%. Union Pacific’s dividend payout ratio is presently 49.71%.
Insider Activity at Union Pacific
In related news, President Elizabeth F. Whited sold 3,750 shares of the business’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $250.00, for a total value of $937,500.00. Following the sale, the president now owns 56,682 shares in the company, valued at approximately $14,170,500. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.28% of the company’s stock.
Analyst Upgrades and Downgrades
Several analysts recently commented on UNP shares. TD Cowen boosted their price target on Union Pacific from $228.00 to $251.00 and gave the stock an “outperform” rating in a research report on Friday, January 26th. Benchmark boosted their price target on Union Pacific from $260.00 to $266.00 and gave the stock a “buy” rating in a research report on Wednesday, April 10th. BMO Capital Markets boosted their price target on Union Pacific from $270.00 to $275.00 and gave the stock an “outperform” rating in a research report on Friday, January 26th. Susquehanna boosted their price target on Union Pacific from $245.00 to $255.00 and gave the stock a “neutral” rating in a research report on Thursday, March 28th. Finally, Sanford C. Bernstein upgraded Union Pacific from a “market perform” rating to an “outperform” rating and set a $280.00 price target for the company in a research report on Monday, January 22nd. Eight analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus price target of $253.48.
Check Out Our Latest Analysis on UNP
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.
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