Union Pacific Co. (NYSE:UNP) Shares Sold by Calamos Advisors LLC

Calamos Advisors LLC cut its holdings in shares of Union Pacific Co. (NYSE:UNP) by 46.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 181,736 shares of the railroad operator’s stock after selling 159,187 shares during the quarter. Calamos Advisors LLC’s holdings in Union Pacific were worth $41,443,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Czech National Bank increased its stake in shares of Union Pacific by 6.7% in the 3rd quarter. Czech National Bank now owns 124,100 shares of the railroad operator’s stock worth $30,588,000 after acquiring an additional 7,836 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of Union Pacific by 27.7% during the third quarter. GAMMA Investing LLC now owns 9,224 shares of the railroad operator’s stock worth $2,274,000 after buying an additional 2,002 shares during the period. Azzad Asset Management Inc. ADV raised its position in Union Pacific by 3.0% during the 3rd quarter. Azzad Asset Management Inc. ADV now owns 8,632 shares of the railroad operator’s stock worth $2,128,000 after buying an additional 248 shares during the last quarter. Diversified Trust Co grew its holdings in Union Pacific by 23.8% during the third quarter. Diversified Trust Co now owns 18,983 shares of the railroad operator’s stock worth $4,679,000 after acquiring an additional 3,646 shares during the period. Finally, Chemistry Wealth Management LLC purchased a new position in shares of Union Pacific in the third quarter valued at $227,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

UNP stock opened at $243.16 on Tuesday. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. The company has a market capitalization of $147.42 billion, a price-to-earnings ratio of 21.93, a P/E/G ratio of 2.15 and a beta of 1.06. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.66. The firm has a 50 day moving average of $235.41 and a two-hundred day moving average of $240.11.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, beating 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 period in the prior year, the company earned $2.71 EPS. As a group, equities analysts anticipate that Union Pacific Co. will post 12.03 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were given a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.20%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific’s dividend payout ratio (DPR) is presently 48.33%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on UNP. Barclays upped their target price on Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a research note on Wednesday, November 13th. Susquehanna decreased their target price on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Loop Capital downgraded shares of Union Pacific from a “hold” rating to a “sell” rating and decreased their price target for the stock from $265.00 to $200.00 in a research report on Monday. Raymond James reiterated a “strong-buy” rating and issued a $285.00 price target (up from $265.00) on shares of Union Pacific in a report on Friday, January 24th. Finally, Stifel Nicolaus raised their target price on Union Pacific from $253.00 to $270.00 and gave the company a “buy” rating in a research note on Friday, January 24th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $261.40.

Insider Buying and Selling at Union Pacific

In related news, President Elizabeth F. Whited sold 7,500 shares of the 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 transaction, the president now directly owns 64,960 shares in the company, valued at $16,240,000. This represents a 10.35 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Craig V. Richardson sold 6,495 shares of the business’s stock in a transaction dated 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. The trade was a 19.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.26% 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.