Marble Harbor Investment Counsel LLC lessened its holdings in Union Pacific Co. (NYSE:UNP – Free Report) by 0.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 11,860 shares of the railroad operator’s stock after selling 75 shares during the period. Marble Harbor Investment Counsel LLC’s holdings in Union Pacific were worth $2,705,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also added to or reduced their stakes in the company. Compass Financial Services Inc bought a new position in Union Pacific during the 4th quarter worth $25,000. Synergy Asset Management LLC bought a new position in Union Pacific during the 4th quarter worth $29,000. Catalyst Capital Advisors LLC bought a new position in Union Pacific during the 3rd quarter worth $30,000. Peterson Financial Group Inc. bought a new position in Union Pacific during the 3rd quarter worth $32,000. Finally, 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 worth $32,000 after buying an additional 68 shares during the period. Institutional investors own 80.38% of the company’s stock.
Union Pacific Stock Performance
Shares of UNP stock opened at $249.84 on Friday. The business’s 50-day moving average price is $241.04 and its 200-day moving average price is $241.02. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.07. The firm has a market capitalization of $150.98 billion, a price-to-earnings ratio of 22.53, a PEG ratio of 2.15 and a beta of 1.05. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76.
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 paid a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.15%. The ex-dividend date is Friday, February 28th. Union Pacific’s dividend payout ratio is currently 48.33%.
Analyst Ratings Changes
Several research analysts have weighed in on the company. Raymond James reiterated a “strong-buy” rating and set a $285.00 price objective (up previously from $265.00) on shares of Union Pacific in a research report on Friday, January 24th. Stifel Nicolaus increased their price objective on Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. BMO Capital Markets increased 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. Guggenheim increased their target price on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on Union Pacific in a report on Friday. They set a “buy” rating and a $295.00 target price on the stock. One investment 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’s stock. According to data from MarketBeat, Union Pacific currently has a consensus rating of “Moderate Buy” and an average price target of $263.00.
Read Our Latest Stock Analysis on UNP
Insider Buying and Selling
In related news, President Elizabeth F. Whited sold 7,500 shares of Union Pacific 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 transaction, the president now directly 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Craig V. Richardson sold 6,495 shares of Union Pacific 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 completion of the transaction, the executive vice president now directly 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 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.
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