Hamel Associates Inc. decreased its position in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 1.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,836 shares of the railroad operator’s stock after selling 338 shares during the period. Union Pacific comprises 2.0% of Hamel Associates Inc.’s investment portfolio, making the stock its 22nd biggest position. Hamel Associates Inc.’s holdings in Union Pacific were worth $6,120,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of the company. Jacobi Capital Management LLC lifted its stake in Union Pacific by 0.9% during the 4th quarter. Jacobi Capital Management LLC now owns 9,422 shares of the railroad operator’s stock worth $2,149,000 after acquiring an additional 88 shares in the last quarter. Metis Global Partners LLC increased its holdings in Union Pacific by 4.6% during the 4th quarter. Metis Global Partners LLC now owns 27,971 shares of the railroad operator’s stock worth $6,379,000 after purchasing an additional 1,223 shares during the period. West Michigan Advisors LLC increased its holdings in Union Pacific by 2.7% during the 4th quarter. West Michigan Advisors LLC now owns 9,000 shares of the railroad operator’s stock worth $2,052,000 after purchasing an additional 236 shares during the period. Providence First Trust Co purchased a new stake in Union Pacific during the 4th quarter worth about $106,000. Finally, Fisher Asset Management LLC increased its holdings in Union Pacific by 0.3% during the 4th quarter. Fisher Asset Management LLC now owns 6,305,684 shares of the railroad operator’s stock worth $1,437,948,000 after purchasing an additional 20,099 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.
Union Pacific Stock Up 0.8 %
Shares of NYSE UNP opened at $246.94 on Friday. The stock has a market cap of $149.22 billion, a PE ratio of 22.27, a price-to-earnings-growth ratio of 2.15 and a beta of 1.06. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. Union Pacific Co. has a 52-week low of $218.55 and a 52-week high of $258.07. The business has a 50-day moving average price of $239.46 and a 200 day moving average price of $240.93.
Union Pacific Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be given a dividend of $1.34 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a yield of 2.17%. Union Pacific’s payout ratio is 48.33%.
Analyst Upgrades and Downgrades
UNP has been the topic of several recent research reports. Robert W. Baird upped their price target on Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. Loop Capital downgraded Union Pacific from a “hold” rating to a “sell” rating and cut their price target for the stock from $265.00 to $200.00 in a report on Monday, February 3rd. Citigroup upped their price target on Union Pacific from $254.00 to $260.00 and gave the stock a “neutral” rating in a report on Friday, January 24th. Guggenheim increased their price objective on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a report on Friday, January 24th. Finally, Wells Fargo & Company dropped their price objective on Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a report on Tuesday, January 7th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $261.40.
Read Our Latest Analysis on UNP
Insiders Place Their Bets
In other Union Pacific news, President Elizabeth F. Whited sold 7,500 shares of the stock in a transaction that occurred 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 sale, the president now directly owns 64,960 shares of the company’s stock, valued at approximately $16,240,000. This trade represents a 10.35 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Craig V. Richardson sold 6,495 shares of the stock in a transaction that occurred on 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 sale, the executive vice president now directly 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. 0.28% of the stock is owned by insiders.
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.
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