Canopy Partners LLC Has $544,000 Stock Position in Union Pacific Co. (NYSE:UNP)

Canopy Partners LLC lifted its holdings in shares of Union Pacific Co. (NYSE:UNP) by 2.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,387 shares of the railroad operator’s stock after purchasing an additional 50 shares during the period. Canopy Partners LLC’s holdings in Union Pacific were worth $544,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Compass Financial Services Inc bought a new stake in shares of Union Pacific in the 4th quarter valued at about $25,000. Synergy Asset Management LLC bought a new stake in Union Pacific in the fourth quarter valued at approximately $29,000. Dunhill Financial LLC increased its position in Union Pacific by 111.5% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after purchasing an additional 68 shares during the period. PrairieView Partners LLC bought a new position in Union Pacific during the 4th quarter worth approximately $34,000. Finally, Kentucky Trust Co acquired a new position in shares of Union Pacific in the 4th quarter worth approximately $40,000. Institutional investors own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

UNP has been the subject of a number of analyst reports. UBS Group lowered their target price on shares of Union Pacific from $255.00 to $245.00 and set a “neutral” rating for the company in a research note on Wednesday, April 2nd. Deutsche Bank Aktiengesellschaft assumed coverage on Union Pacific in a research report on Friday, March 7th. They set a “buy” rating and a $295.00 target price on the stock. BMO Capital Markets lifted their target price on Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. Wells Fargo & Company cut 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. Finally, Guggenheim boosted their target price on shares of Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, January 24th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $261.95.

Insider Activity

In other Union Pacific news, President Elizabeth F. Whited sold 7,500 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the president now owns 64,960 shares in the company, valued at $16,240,000. This trade represents a 10.35 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Craig V. Richardson sold 6,495 shares of the company’s stock in a transaction dated 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 sale, the executive vice president now owns 26,319 shares in the company, 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. 0.28% of the stock is owned by company insiders.

Union Pacific Trading Down 5.0 %

Shares of UNP stock opened at $212.86 on Monday. 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 market cap of $127.57 billion, a P/E ratio of 19.19, a PEG ratio of 2.15 and a beta of 1.06. The company has a 50 day moving average of $242.01 and a 200-day moving average of $238.66. Union Pacific Co. has a 12-month low of $202.38 and a 12-month high of $258.07.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, topping 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 posted $2.71 earnings per share. Sell-side analysts anticipate that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, February 28th were issued a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.52%. The ex-dividend date of this dividend was Friday, February 28th. Union Pacific’s payout ratio is currently 48.33%.

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.