Callan Family Office LLC boosted its stake in Union Pacific Co. (NYSE:UNP – Free Report) by 321.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,954 shares of the railroad operator’s stock after buying an additional 11,408 shares during the period. Callan Family Office LLC’s holdings in Union Pacific were worth $3,410,000 at the end of the most recent reporting period.
A number of other institutional investors have also added to or reduced their stakes in UNP. Howard Capital Management Group LLC increased its position in shares of Union Pacific by 16.4% during the 3rd quarter. Howard Capital Management Group LLC now owns 2,860 shares of the railroad operator’s stock valued at $705,000 after purchasing an additional 403 shares during the last quarter. Impax Asset Management Group plc grew its stake in Union Pacific by 2,025.4% during the third quarter. Impax Asset Management Group plc now owns 546,236 shares of the railroad operator’s stock valued at $134,636,000 after acquiring an additional 520,536 shares in the last quarter. Catalyst Capital Advisors LLC bought a new position in Union Pacific during the third quarter valued at approximately $30,000. Avidian Wealth Enterprises LLC increased its position in Union Pacific by 43.5% in the third quarter. Avidian Wealth Enterprises LLC now owns 3,682 shares of the railroad operator’s stock worth $908,000 after purchasing an additional 1,117 shares during the last quarter. Finally, Harvest Portfolios Group Inc. lifted its holdings in shares of Union Pacific by 13.2% in the 3rd quarter. Harvest Portfolios Group Inc. now owns 4,355 shares of the railroad operator’s stock valued at $1,073,000 after acquiring an additional 508 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.
Analyst Upgrades and Downgrades
Several brokerages have recently weighed in on UNP. Guggenheim increased their target price on shares of Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Benchmark raised their target price on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Wells Fargo & Company lowered their target price on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 7th. Stifel Nicolaus boosted their target price on shares of Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Finally, Citigroup upped their price objective on shares of Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research note on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $261.40.
Insider Buying and Selling at Union Pacific
In other Union Pacific news, President Elizabeth F. Whited sold 7,500 shares of the stock in a transaction dated 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 owns 64,960 shares in the company, valued at approximately $16,240,000. This represents a 10.35 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Craig V. Richardson sold 6,495 shares of the business’s stock in a transaction 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 transaction, the executive vice president now owns 26,319 shares in the company, valued at approximately $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. Corporate insiders own 0.28% of the company’s stock.
Union Pacific Stock Up 0.6 %
UNP stock opened at $245.15 on Friday. The company has a 50 day moving average of $240.64 and a two-hundred day moving average of $241.00. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.07. The company has a market cap of $148.14 billion, a price-to-earnings ratio of 22.11, a PEG 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 (NYSE:UNP – Get Free Report) last announced its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, topping the consensus estimate 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 period in the prior year, the business earned $2.71 EPS. On average, equities analysts anticipate that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.
Union Pacific Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors 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 dividend on an annualized basis and a yield of 2.19%. Union Pacific’s dividend payout ratio is 48.33%.
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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