Union Pacific Co. (NYSE:UNP) Shares Sold by Stonebridge Capital Advisors LLC

Stonebridge Capital Advisors LLC lowered its position in shares of Union Pacific Co. (NYSE:UNP) by 5.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 957 shares of the railroad operator’s stock after selling 54 shares during the period. Stonebridge Capital Advisors LLC’s holdings in Union Pacific were worth $218,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Hancock Whitney Corp lifted its position in shares of Union Pacific by 107.0% in the fourth quarter. Hancock Whitney Corp now owns 6,572 shares of the railroad operator’s stock worth $1,499,000 after purchasing an additional 3,397 shares in the last quarter. Integrated Wealth Concepts LLC increased its holdings in shares of Union Pacific by 11.9% during the 4th quarter. Integrated Wealth Concepts LLC now owns 16,205 shares of the railroad operator’s stock valued at $3,695,000 after acquiring an additional 1,717 shares during the last quarter. Burling Wealth Partners LLC bought a new position in shares of Union Pacific in the fourth quarter valued at approximately $4,243,000. Kerrisdale Advisers LLC raised its holdings in Union Pacific by 5.0% in the 4th quarter. Kerrisdale Advisers LLC now owns 27,717 shares of the railroad operator’s stock worth $6,321,000 after acquiring an additional 1,315 shares during the period. Finally, Adage Capital Partners GP L.L.C. lifted its position in shares of Union Pacific by 18.2% during the 4th quarter. Adage Capital Partners GP L.L.C. now owns 822,027 shares of the railroad operator’s stock worth $187,455,000 after purchasing an additional 126,720 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Insider Buying and Selling at Union Pacific

In related news, EVP Craig V. Richardson sold 6,495 shares of the business’s stock in a transaction on 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 of the company’s stock, valued at $6,632,388. The trade was a 19.79 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.28% of the company’s stock.

Union Pacific Stock Performance

NYSE UNP opened at $215.61 on Friday. Union Pacific Co. has a fifty-two week low of $204.66 and a fifty-two week high of $258.07. The stock has a market cap of $129.22 billion, a PE ratio of 19.44, a PEG ratio of 2.15 and a beta of 1.06. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. The firm’s fifty day moving average price is $232.43 and its two-hundred day moving average price is $235.84.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.79 by ($0.09). Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. The firm had revenue of $6.03 billion during the quarter, compared to analyst estimates of $6.11 billion. On average, equities analysts expect that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, February 28th were issued a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a yield of 2.49%. The ex-dividend date was Friday, February 28th. Union Pacific’s payout ratio is 48.33%.

Analyst Upgrades and Downgrades

UNP has been the subject of several research reports. UBS Group reduced 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. Susquehanna lowered their target price on shares of Union Pacific from $265.00 to $255.00 and set a “neutral” rating on the stock in a report on Thursday, March 27th. Jefferies Financial Group dropped their price target on Union Pacific from $255.00 to $230.00 and set a “hold” rating for the company in a report on Wednesday, April 9th. Deutsche Bank Aktiengesellschaft started coverage on shares of Union Pacific in a research note on Friday, March 7th. They issued a “buy” rating and a $295.00 target price for the company. Finally, Redburn Atlantic raised shares of Union Pacific from a “neutral” rating to a “buy” rating and set a $259.00 target price on the stock in a research note on Wednesday, April 16th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $257.50.

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.