Cable Hill Partners LLC lifted its position in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 7.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,013 shares of the railroad operator’s stock after purchasing an additional 201 shares during the quarter. Cable Hill Partners LLC’s holdings in Union Pacific were worth $687,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Compass Financial Services Inc bought a new stake in shares of Union Pacific during the fourth quarter worth $25,000. Synergy Asset Management LLC acquired a new position in Union Pacific in the 4th quarter worth $29,000. Catalyst Capital Advisors LLC bought a new position in Union Pacific during the 3rd quarter worth about $30,000. Dunhill Financial LLC raised its stake in shares of Union Pacific by 111.5% in the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after purchasing an additional 68 shares during the period. Finally, Peterson Financial Group Inc. acquired a new stake in shares of Union Pacific in the 3rd quarter valued at about $32,000. 80.38% of the stock is owned by institutional investors and hedge funds.
Insider Activity
In related news, President Elizabeth F. Whited sold 7,500 shares of the firm’s stock in a transaction on Friday, January 24th. The stock was sold at an average price of $250.00, for a total transaction of $1,875,000.00. Following the completion of the transaction, the president now directly owns 64,960 shares of the company’s stock, valued at $16,240,000. This trade represents a 10.35 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Craig V. Richardson sold 6,495 shares of the company’s stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $252.00, for a total value of $1,636,740.00. Following the completion of 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 position. The disclosure for this sale can be found here. 0.28% of the stock is owned by company insiders.
Union Pacific Trading Down 0.2 %
Union Pacific (NYSE:UNP – Get Free Report) last posted its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.76 by $0.15. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. During the same quarter in the previous year, the firm posted $2.71 earnings per share. Research analysts forecast that Union Pacific Co. will post 11.99 EPS for the current year.
Union Pacific Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be issued a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.18%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific’s dividend payout ratio is presently 48.33%.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on UNP shares. Loop Capital downgraded Union Pacific from a “hold” rating to a “sell” rating and decreased their price objective for the stock from $265.00 to $200.00 in a report on Monday, February 3rd. Barclays upped their price target on Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 13th. Citigroup lifted their price objective on shares of Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a report on Friday, January 24th. Benchmark boosted their price target on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Finally, Guggenheim increased their price objective on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $261.40.
View Our Latest Stock Analysis on Union Pacific
About Union Pacific
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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