Nicollet Investment Management Inc. Sells 402 Shares of Union Pacific Co. (NYSE:UNP)

Nicollet Investment Management Inc. trimmed its holdings in shares of Union Pacific Co. (NYSE:UNP) by 2.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,108 shares of the railroad operator’s stock after selling 402 shares during the quarter. Union Pacific accounts for about 1.6% of Nicollet Investment Management Inc.’s portfolio, making the stock its 22nd largest position. Nicollet Investment Management Inc.’s holdings in Union Pacific were worth $4,585,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of UNP. Compass Financial Services Inc purchased a new stake in shares of Union Pacific in the fourth quarter valued at approximately $25,000. Synergy Asset Management LLC purchased a new stake in shares of Union Pacific in the fourth quarter valued at about $29,000. Dunhill Financial LLC increased its holdings in shares of Union Pacific by 111.5% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after buying an additional 68 shares during the last quarter. PrairieView Partners LLC acquired a new stake in Union Pacific during the fourth quarter worth $34,000. Finally, Kentucky Trust Co purchased a new position in Union Pacific during the fourth quarter worth about $40,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of the business’s stock in a transaction dated 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 completion of the sale, the executive vice president now owns 26,319 shares of the company’s stock, valued at approximately $6,632,388. The trade was a 19.79 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, President Elizabeth F. Whited sold 7,500 shares of the stock in a transaction dated Friday, January 24th. The shares were sold at an average price of $250.00, for a total transaction of $1,875,000.00. Following 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 disclosure for this sale can be found here. 0.28% of the stock is owned by insiders.

Union Pacific Stock Performance

Union Pacific stock opened at $236.37 on Tuesday. The stock has a market cap of $141.66 billion, a PE ratio of 21.31, a P/E/G ratio of 2.15 and a beta of 1.05. 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 business’s 50-day moving average price is $243.16 and its two-hundred day moving average price is $239.32. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.07.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, beating the consensus estimate 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 prior year, the business earned $2.71 earnings per share. As a group, analysts expect 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 was paid on Monday, March 31st. Investors of record on Friday, February 28th were issued a dividend of $1.34 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a yield of 2.27%. Union Pacific’s dividend payout ratio is presently 48.33%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on UNP shares. Guggenheim boosted their target price on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Wells Fargo & Company lowered their price target on Union Pacific from $265.00 to $260.00 and set an “overweight” rating on the stock in a report on Thursday, March 27th. TD Cowen increased their price target on shares of Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a report on Friday, January 24th. BMO Capital Markets boosted their price target on Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. Finally, Deutsche Bank Aktiengesellschaft started coverage on Union Pacific in a research report on Friday, March 7th. They set a “buy” rating and a $295.00 price objective for the company. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $262.76.

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.