Union Pacific Co. (NYSE:UNP) Shares Sold by Alpha Cubed Investments LLC

Alpha Cubed Investments LLC cut its stake in shares of Union Pacific Co. (NYSE:UNP) by 4.2% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 50,494 shares of the railroad operator’s stock after selling 2,209 shares during the period. Alpha Cubed Investments LLC’s holdings in Union Pacific were worth $12,402,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Silver Oak Advisory Group Inc. acquired a new position in Union Pacific during the 4th quarter worth approximately $219,000. Personal CFO Solutions LLC increased its holdings in Union Pacific by 39.3% during the 3rd quarter. Personal CFO Solutions LLC now owns 1,407 shares of the railroad operator’s stock worth $287,000 after purchasing an additional 397 shares during the last quarter. Nordea Investment Management AB increased its holdings in Union Pacific by 46.9% during the 4th quarter. Nordea Investment Management AB now owns 87,905 shares of the railroad operator’s stock worth $21,596,000 after purchasing an additional 28,052 shares during the last quarter. Procyon Advisors LLC increased its holdings in Union Pacific by 48.3% during the 4th quarter. Procyon Advisors LLC now owns 18,512 shares of the railroad operator’s stock worth $4,547,000 after purchasing an additional 6,031 shares during the last quarter. Finally, Advisor Resource Council purchased a new stake in Union Pacific during the 4th quarter worth approximately $606,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

UNP has been the topic of several analyst reports. JPMorgan Chase & Co. lifted their price objective on Union Pacific from $237.00 to $243.00 and gave the stock a “neutral” rating in a report on Tuesday, April 9th. Evercore ISI boosted their price target on Union Pacific from $271.00 to $273.00 and gave the company an “outperform” rating in a report on Friday. Susquehanna boosted their price target on Union Pacific from $255.00 to $270.00 and gave the company a “neutral” rating in a report on Friday. UBS Group upped their price objective on Union Pacific from $235.00 to $248.00 and gave the stock a “neutral” rating in a research note on Friday, January 26th. Finally, The Goldman Sachs Group upped their price objective on Union Pacific from $248.00 to $274.00 and gave the stock a “buy” rating in a research note on Thursday, April 11th. Seven analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $258.78.

Insider Buying and Selling

In other news, President Elizabeth F. Whited sold 3,750 shares of the stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $250.00, for a total value of $937,500.00. Following the completion of the sale, the president now owns 56,682 shares in the company, valued at $14,170,500. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.26% of the company’s stock.

Union Pacific Price Performance

Shares of Union Pacific stock traded down $3.82 during trading on Tuesday, hitting $237.13. The stock had a trading volume of 1,737,004 shares, compared to its average volume of 2,318,918. The business has a fifty day moving average of $244.15 and a two-hundred day moving average of $235.56. The firm has a market cap of $144.68 billion, a P/E ratio of 22.99, a PEG ratio of 2.61 and a beta of 1.07. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.93 and a quick ratio of 0.76. Union Pacific Co. has a fifty-two week low of $190.71 and a fifty-two week high of $258.66.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, topping analysts’ consensus estimates of $2.50 by $0.19. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The firm had revenue of $6.03 billion for the quarter, compared to analysts’ expectations of $5.97 billion. During the same quarter last year, the business posted $2.67 EPS. Union Pacific’s revenue was down .4% on a year-over-year basis. On average, sell-side analysts expect that Union Pacific Co. will post 11.08 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Thursday, February 29th were given a $1.30 dividend. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $5.20 annualized dividend and a dividend yield of 2.19%. Union Pacific’s dividend payout ratio (DPR) is presently 49.62%.

Union Pacific 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.