Pring Turner Capital Group Inc. boosted its position in Union Pacific Co. (NYSE:UNP – Free Report) by 6.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,756 shares of the railroad operator’s stock after buying an additional 1,176 shares during the quarter. Union Pacific accounts for approximately 3.2% of Pring Turner Capital Group Inc.’s holdings, making the stock its 10th biggest holding. Pring Turner Capital Group Inc.’s holdings in Union Pacific were worth $4,733,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in UNP. Roble Belko & Company Inc lifted its stake 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 worth $49,000 after acquiring an additional 45 shares in the last quarter. Pflug Koory LLC grew its stake in Union Pacific by 0.5% during the 4th 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 increased its holdings in Union Pacific by 3.3% during 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. Regatta Capital Group LLC raised its position in shares of Union Pacific by 2.8% in the 4th quarter. Regatta Capital Group LLC now owns 1,672 shares of the railroad operator’s stock valued at $381,000 after purchasing an additional 46 shares in the last quarter. Finally, True Link Financial Advisors LLC boosted its stake in shares of Union Pacific by 1.2% during the 3rd quarter. True Link Financial Advisors LLC now owns 4,016 shares of the railroad operator’s stock valued at $990,000 after buying an additional 47 shares during the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In other news, President Elizabeth F. Whited sold 7,500 shares of the stock in a transaction that occurred on Friday, January 24th. The shares were 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 directly owns 64,960 shares in the company, valued at $16,240,000. This trade 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 link. Also, EVP Craig V. Richardson sold 6,495 shares of the business’s stock in a transaction that occurred 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 sale, the executive vice president now directly owns 26,319 shares in the company, valued at approximately $6,632,388. The trade was a 19.79 % decrease in their position. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by insiders.
Analysts Set New Price Targets
Check Out Our Latest Stock Report on UNP
Union Pacific Stock Down 1.3 %
Union Pacific stock opened at $242.39 on Tuesday. The firm has a market capitalization of $146.47 billion, a P/E ratio of 21.86, a P/E/G ratio of 2.15 and a beta of 1.06. The company has a 50-day simple moving average of $237.87 and a 200-day simple moving average of $240.74. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.66. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77.
Union Pacific (NYSE:UNP – Get Free Report) last announced its quarterly earnings results 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 net margin of 27.82% and a return on equity of 41.12%. During the same period last year, the company earned $2.71 EPS. As a group, equities analysts expect that Union Pacific Co. will post 11.99 earnings per share for the current year.
Union Pacific Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be paid a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a yield of 2.21%. The ex-dividend date is 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.
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