Pathway Financial Advisers LLC boosted its stake in Union Pacific Co. (NYSE:UNP – Free Report) by 1.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,786 shares of the railroad operator’s stock after buying an additional 93 shares during the quarter. Pathway Financial Advisers LLC’s holdings in Union Pacific were worth $1,319,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. State Street Corp lifted its holdings in shares of Union Pacific by 0.9% during the 3rd quarter. State Street Corp now owns 24,788,337 shares of the railroad operator’s stock valued at $6,109,829,000 after buying an additional 217,780 shares during the last quarter. Geode Capital Management LLC raised its position in Union Pacific by 1.4% during the third quarter. Geode Capital Management LLC now owns 12,813,686 shares of the railroad operator’s stock valued at $3,146,451,000 after acquiring an additional 182,620 shares in the last quarter. Franklin Resources Inc. lifted its stake in Union Pacific by 9.3% in the third quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator’s stock valued at $1,795,993,000 after acquiring an additional 625,492 shares during the last quarter. Fisher Asset Management LLC increased its stake in shares of Union Pacific by 2.3% during the 3rd quarter. Fisher Asset Management LLC now owns 6,285,585 shares of the railroad operator’s stock worth $1,549,271,000 after purchasing an additional 143,896 shares during the last quarter. Finally, FMR LLC increased its stake in shares of Union Pacific by 0.6% during the 3rd quarter. FMR LLC now owns 5,020,107 shares of the railroad operator’s stock worth $1,237,356,000 after purchasing an additional 31,899 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.
Union Pacific Stock Up 0.3 %
UNP opened at $248.49 on Thursday. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.66. The firm has a market cap of $150.65 billion, a price-to-earnings ratio of 22.41, a PEG ratio of 2.11 and a beta of 1.06. The firm’s 50-day simple moving average is $235.70 and its 200-day simple moving average is $240.36. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.63 and a current ratio of 0.77.
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. The ex-dividend date is Friday, February 28th. This represents a $5.36 annualized dividend and a yield of 2.16%. Union Pacific’s dividend payout ratio is currently 48.33%.
Analyst Upgrades and Downgrades
UNP has been the subject of a number of recent research reports. Citigroup upped their price objective on shares of Union Pacific from $254.00 to $260.00 and gave the stock a “neutral” rating in a report on Friday, January 24th. Robert W. Baird increased their price objective on Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a report on Friday, January 24th. BMO Capital Markets raised their price objective on Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. JPMorgan Chase & Co. decreased their target price on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Finally, Benchmark lifted their price target on shares of Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, January 24th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $261.40.
View Our Latest Analysis on UNP
Insider Buying and Selling at Union Pacific
In related news, President Elizabeth F. Whited sold 7,500 shares of the business’s stock in a transaction that occurred on Friday, January 24th. The stock was 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. The trade was a 10.35 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Craig V. Richardson sold 6,495 shares of the firm’s stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $252.00, for a total transaction of $1,636,740.00. Following the sale, the executive vice president now owns 26,319 shares in the company, valued at $6,632,388. This trade represents a 19.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.28% of the company’s stock.
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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