Union Pacific Co. (NYSE:UNP) Shares Purchased by Bowen Hanes & Co. Inc.

Bowen Hanes & Co. Inc. increased its position in shares of Union Pacific Co. (NYSE:UNP) by 0.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 289,688 shares of the railroad operator’s stock after buying an additional 602 shares during the quarter. Union Pacific makes up 1.8% of Bowen Hanes & Co. Inc.’s portfolio, making the stock its 23rd largest holding. Bowen Hanes & Co. Inc.’s holdings in Union Pacific were worth $66,060,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Compass Financial Services Inc acquired a new stake in shares of Union Pacific during the 4th quarter valued at about $25,000. Synergy Asset Management LLC purchased a new position in Union Pacific during the fourth quarter worth approximately $29,000. Peterson Financial Group Inc. acquired a new stake in Union Pacific in the third quarter valued at approximately $32,000. Dunhill Financial LLC increased its position in shares of Union Pacific by 111.5% in the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after buying an additional 68 shares in the last quarter. Finally, PrairieView Partners LLC acquired a new position in shares of Union Pacific during the 4th quarter worth approximately $34,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analyst Ratings Changes

UNP has been the topic of a number of research analyst reports. Loop Capital cut shares of Union Pacific from a “hold” rating to a “sell” rating and dropped their price target for the company from $265.00 to $200.00 in a research note on Monday, February 3rd. Stifel Nicolaus increased their price objective on shares of Union Pacific from $253.00 to $270.00 and gave the company a “buy” rating in a report on Friday, January 24th. Benchmark boosted their target price 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. Citigroup upped their price target on shares of Union Pacific from $254.00 to $260.00 and gave the stock a “neutral” rating in a research report on Friday, January 24th. Finally, TD Cowen lifted their price objective on Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a report on Friday, January 24th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and a consensus target price of $263.00.

Union Pacific Stock Down 0.1 %

NYSE UNP opened at $237.61 on Thursday. 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’s fifty day simple moving average is $241.82 and its 200-day simple moving average is $240.89. The firm has a market cap of $143.59 billion, a PE ratio of 21.43, a P/E/G ratio of 2.15 and a beta of 1.05.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, beating 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 last year, the business posted $2.71 EPS. As a group, equities analysts anticipate that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be issued a $1.34 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $5.36 annualized dividend and a yield of 2.26%. Union Pacific’s dividend payout ratio (DPR) is currently 48.33%.

Insider Buying and Selling at Union Pacific

In other Union Pacific 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 sale, the president now owns 64,960 shares of the company’s stock, valued at $16,240,000. The trade was a 10.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Craig V. Richardson sold 6,495 shares of the company’s stock in a transaction 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 transaction, 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. 0.26% of the stock is currently owned by corporate insiders.

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.