Union Pacific Co. (NYSE:UNP) Shares Acquired by Hartline Investment Corp

Hartline Investment Corp grew its position in Union Pacific Co. (NYSE:UNP) by 3.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 20,081 shares of the railroad operator’s stock after purchasing an additional 725 shares during the period. Union Pacific makes up 0.8% of Hartline Investment Corp’s holdings, making the stock its 24th largest position. Hartline Investment Corp’s holdings in Union Pacific were worth $4,932,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Personal CFO Solutions LLC grew its holdings in Union Pacific by 39.3% during the third quarter. Personal CFO Solutions LLC now owns 1,407 shares of the railroad operator’s stock worth $287,000 after acquiring an additional 397 shares during the period. Nordea Investment Management AB grew its holdings in Union Pacific by 46.9% during the fourth quarter. Nordea Investment Management AB now owns 87,905 shares of the railroad operator’s stock worth $21,596,000 after acquiring an additional 28,052 shares during the period. Procyon Advisors LLC grew its holdings in Union Pacific by 48.3% during the fourth quarter. Procyon Advisors LLC now owns 18,512 shares of the railroad operator’s stock worth $4,547,000 after acquiring an additional 6,031 shares during the period. Advisor Resource Council acquired a new stake in Union Pacific during the fourth quarter worth about $606,000. Finally, Factory Mutual Insurance Co. grew its holdings in Union Pacific by 11.9% during the fourth quarter. Factory Mutual Insurance Co. now owns 184,700 shares of the railroad operator’s stock worth $45,366,000 after acquiring an additional 19,600 shares during the period. 80.38% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on UNP shares. BMO Capital Markets increased 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. Royal Bank of Canada lowered their price target on Union Pacific from $282.00 to $272.00 and set an “outperform” rating on the stock in a research report on Friday, January 26th. Jefferies Financial Group started coverage on Union Pacific in a research report on Monday, April 8th. They set a “hold” rating and a $250.00 price target on the stock. TD Cowen increased 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. Finally, StockNews.com downgraded Union Pacific from a “buy” rating to a “hold” rating in a research report on Monday, March 18th. Seven investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $255.00.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,750 shares of the company’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $250.00, for a total transaction of $937,500.00. Following the completion of the sale, the president now directly owns 56,682 shares of the company’s stock, valued at approximately $14,170,500. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.26% of the stock is owned by company insiders.

Union Pacific Stock Performance

Shares of NYSE UNP traded down $4.31 during trading hours on Wednesday, reaching $231.98. The stock had a trading volume of 2,951,052 shares, compared to its average volume of 2,314,554. The firm has a market cap of $141.53 billion, a price-to-earnings ratio of 22.59, a PEG ratio of 2.53 and a beta of 1.07. The company has a current ratio of 0.81, a quick ratio of 0.67 and a debt-to-equity ratio of 2.11. Union Pacific Co. has a fifty-two week low of $190.37 and a fifty-two week high of $258.66. The firm has a 50-day moving average of $244.85 and a 200-day moving average of $234.64.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, January 25th. The railroad operator reported $2.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.56 by $0.15. The firm had revenue of $6.16 billion during the quarter, compared to analysts’ expectations of $6.05 billion. Union Pacific had a return on equity of 46.87% and a net margin of 26.45%. The business’s revenue was down .3% on a year-over-year basis. During the same period in the prior year, the firm earned $2.67 EPS. Equities research analysts predict that Union Pacific Co. will post 11.01 earnings per share for the current year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Thursday, February 29th were paid a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a yield of 2.24%. The ex-dividend date of this dividend was Wednesday, February 28th. Union Pacific’s dividend payout ratio is presently 49.71%.

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.