Boston Family Office LLC Has $29.68 Million Position in Union Pacific Co. (NYSE:UNP)

Boston Family Office LLC reduced its holdings in Union Pacific Co. (NYSE:UNP) by 1.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 130,141 shares of the railroad operator’s stock after selling 2,062 shares during the quarter. Union Pacific accounts for 2.0% of Boston Family Office LLC’s holdings, making the stock its 10th biggest position. Boston Family Office LLC’s holdings in Union Pacific were worth $29,677,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in UNP. Palogic Value Management L.P. raised its stake in shares of Union Pacific by 1.5% in the fourth quarter. Palogic Value Management L.P. now owns 2,823 shares of the railroad operator’s stock worth $644,000 after acquiring an additional 42 shares during the last quarter. Roble Belko & Company Inc increased its holdings in shares of Union Pacific by 26.8% in the fourth quarter. Roble Belko & Company Inc now owns 213 shares of the railroad operator’s stock valued at $49,000 after purchasing an additional 45 shares in the last quarter. Pflug Koory LLC increased its holdings in shares of Union Pacific by 0.5% in the fourth quarter. Pflug Koory LLC now owns 8,569 shares of the railroad operator’s stock valued at $1,954,000 after purchasing an additional 45 shares in the last quarter. Baron Wealth Management LLC raised its position in Union Pacific by 3.3% in the 4th quarter. Baron Wealth Management LLC now owns 1,409 shares of the railroad operator’s stock worth $321,000 after purchasing an additional 45 shares during the last quarter. Finally, Mystic Asset Management Inc. lifted its holdings in Union Pacific by 2.0% during the 4th quarter. Mystic Asset Management Inc. now owns 2,309 shares of the railroad operator’s stock worth $527,000 after buying an additional 45 shares in the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently weighed in on UNP. Susquehanna dropped their target price on Union Pacific from $265.00 to $255.00 and set a “neutral” rating for the company in a research report on Thursday, March 27th. Benchmark boosted their price objective on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Stifel Nicolaus raised their target price on shares of Union Pacific from $253.00 to $270.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Raymond James reiterated a “strong-buy” rating and set a $285.00 price target (up previously from $265.00) on shares of Union Pacific in a research report on Friday, January 24th. Finally, Loop Capital cut shares of Union Pacific from a “hold” rating to a “sell” rating and reduced their price objective for the company from $265.00 to $200.00 in a research note on Monday, February 3rd. One equities 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 issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $262.76.

Union Pacific Stock Up 1.8 %

Shares of UNP stock opened at $236.37 on Tuesday. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.07. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. The firm has a fifty day moving average of $243.16 and a 200-day moving average of $239.32. The company has a market capitalization of $141.66 billion, a price-to-earnings ratio of 21.31, a P/E/G ratio of 2.15 and a beta of 1.05.

Union Pacific (NYSE:UNP) last released 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 return on equity of 41.12% and a net margin of 27.82%. During the same quarter in the previous year, the firm posted $2.71 earnings per share. As a group, equities research analysts predict that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, February 28th were paid a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.27%. The ex-dividend date was Friday, February 28th. Union Pacific’s payout ratio is 48.33%.

Insiders Place Their Bets

In related news, President Elizabeth F. Whited sold 7,500 shares of the company’s 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 sale, the president now owns 64,960 shares in the company, valued at approximately $16,240,000. This represents a 10.35 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible 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 shares were sold at an average price of $252.00, for a total value of $1,636,740.00. Following the completion of the transaction, the executive vice president now owns 26,319 shares of the company’s stock, valued at approximately $6,632,388. This represents a 19.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 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.