DNB Asset Management AS Has $35.41 Million Stock Position in Union Pacific Co. (NYSE:UNP)

DNB Asset Management AS grew its position in shares of Union Pacific Co. (NYSE:UNPGet Rating) by 2.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 170,998 shares of the railroad operator’s stock after acquiring an additional 3,902 shares during the quarter. DNB Asset Management AS’s holdings in Union Pacific were worth $35,409,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Nordea Investment Management AB boosted its position in Union Pacific by 8.7% during the 3rd quarter. Nordea Investment Management AB now owns 50,653 shares of the railroad operator’s stock worth $10,083,000 after acquiring an additional 4,051 shares during the last quarter. Kesler Norman & Wride LLC boosted its holdings in shares of Union Pacific by 1.4% in the 3rd quarter. Kesler Norman & Wride LLC now owns 29,591 shares of the railroad operator’s stock valued at $5,765,000 after buying an additional 402 shares during the last quarter. PFS Investments Inc. boosted its holdings in shares of Union Pacific by 10.5% in the 2nd quarter. PFS Investments Inc. now owns 30,842 shares of the railroad operator’s stock valued at $6,578,000 after buying an additional 2,919 shares during the last quarter. CoreFirst Bank & Trust boosted its holdings in shares of Union Pacific by 48.2% in the 2nd quarter. CoreFirst Bank & Trust now owns 2,739 shares of the railroad operator’s stock valued at $584,000 after buying an additional 891 shares during the last quarter. Finally, Everhart Financial Group Inc. acquired a new stake in shares of Union Pacific in the 3rd quarter valued at approximately $257,000. Institutional investors and hedge funds own 77.27% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. The Goldman Sachs Group increased their price objective on Union Pacific from $219.00 to $225.00 and gave the company a “buy” rating in a report on Tuesday, January 24th. Morgan Stanley increased their price objective on Union Pacific from $177.00 to $179.00 and gave the company an “equal weight” rating in a report on Wednesday, January 11th. Evercore ISI upgraded Union Pacific from an “in-line” rating to an “outperform” rating and increased their price target for the company from $204.00 to $232.00 in a research note on Tuesday, December 20th. Bank of America upgraded Union Pacific from a “neutral” rating to a “buy” rating and increased their price target for the company from $218.00 to $241.00 in a research note on Monday, February 27th. Finally, Raymond James dropped their price target on Union Pacific from $244.00 to $235.00 and set a “strong-buy” rating on the stock in a research note on Wednesday, January 25th. Thirteen analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $218.60.

Union Pacific Price Performance

Shares of UNP traded down $2.90 during trading hours on Friday, hitting $190.01. 11,852,820 shares of the company were exchanged, compared to its average volume of 4,290,306. The company has a market cap of $116.26 billion, a price-to-earnings ratio of 16.93, a P/E/G ratio of 1.68 and a beta of 1.10. Union Pacific Co. has a fifty-two week low of $183.70 and a fifty-two week high of $278.94. The company has a quick ratio of 0.58, a current ratio of 0.72 and a debt-to-equity ratio of 2.60. The firm’s fifty day moving average is $204.40 and its 200 day moving average is $206.84.

Union Pacific (NYSE:UNPGet Rating) last released its earnings results on Tuesday, January 24th. The railroad operator reported $2.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.75 by ($0.08). The company had revenue of $6.18 billion for the quarter, compared to analyst estimates of $6.26 billion. Union Pacific had a return on equity of 58.41% and a net margin of 28.13%. The business’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period last year, the company posted $2.66 earnings per share. On average, equities analysts anticipate that Union Pacific Co. will post 11.46 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 31st. Stockholders of record on Tuesday, February 28th will be issued a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a dividend yield of 2.74%. The ex-dividend date is Monday, February 27th. Union Pacific’s dividend payout ratio (DPR) is currently 46.35%.

Insider Transactions at Union Pacific

In other news, EVP Elizabeth F. Whited sold 2,500 shares of the stock in a transaction on Monday, February 27th. The stock was sold at an average price of $213.00, for a total transaction of $532,500.00. Following the sale, the executive vice president now directly owns 39,080 shares of the company’s stock, valued at approximately $8,324,040. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.28% of the stock is currently owned by insiders.

Union Pacific Profile

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Union Pacific Corp. engages in the provision of railroad and freight transportation services. The company was founded in 1969 and is headquartered in Omaha, NE.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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