Barclays PLC lessened its position in shares of Union Pacific Corporation (NYSE:UNP – Free Report) by 7.0% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 986,618 shares of the railroad operator’s stock after selling 73,981 shares during the period. Barclays PLC’s holdings in Union Pacific were worth $228,224,000 at the end of the most recent reporting period.
Several other institutional investors have also recently added to or reduced their stakes in UNP. Rachor Investment Advisory Services LLC acquired a new position in Union Pacific in the 4th quarter valued at about $25,000. Tucker Asset Management LLC acquired a new position in Union Pacific in the 4th quarter valued at about $25,000. SWAN Capital LLC raised its stake in Union Pacific by 2,575.0% in the 4th quarter. SWAN Capital LLC now owns 107 shares of the railroad operator’s stock valued at $25,000 after purchasing an additional 103 shares during the last quarter. High Point Wealth Management LLC acquired a new position in Union Pacific in the 4th quarter valued at about $26,000. Finally, Caitlin John LLC acquired a new position in Union Pacific in the 3rd quarter valued at about $27,000. Institutional investors and hedge funds own 80.38% of the company’s stock.
Union Pacific Stock Down 0.1%
UNP opened at $272.37 on Monday. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.92 and a quick ratio of 0.73. The stock has a market capitalization of $161.71 billion, a price-to-earnings ratio of 22.44, a price-to-earnings-growth ratio of 2.89 and a beta of 0.97. The business has a 50-day moving average of $262.23 and a two-hundred day moving average of $248.86. Union Pacific Corporation has a 12 month low of $210.84 and a 12 month high of $279.70.
Union Pacific Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 29th will be issued a $1.38 dividend. The ex-dividend date is Friday, May 29th. This represents a $5.52 annualized dividend and a yield of 2.0%. Union Pacific’s payout ratio is 45.47%.
Insider Buying and Selling at Union Pacific
In other Union Pacific news, EVP Kenyatta G. Rocker sold 27,387 shares of Union Pacific stock in a transaction dated Friday, April 24th. The stock was sold at an average price of $271.76, for a total value of $7,442,691.12. Following the completion of the sale, the executive vice president owned 61,102 shares in the company, valued at $16,605,079.52. The trade was a 30.95% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Jennifer L. Hamann sold 2,000 shares of the business’s stock in a transaction dated Friday, April 24th. The stock was sold at an average price of $274.70, for a total value of $549,400.00. Following the sale, the chief financial officer owned 114,642 shares of the company’s stock, valued at $31,492,157.40. The trade was a 1.71% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 34,377 shares of company stock worth $9,251,221 in the last 90 days. 0.22% of the stock is owned by company insiders.
Analysts Set New Price Targets
Several research analysts recently weighed in on the stock. Benchmark boosted their target price on shares of Union Pacific from $275.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Susquehanna reissued a “positive” rating and issued a $305.00 target price on shares of Union Pacific in a research note on Friday, June 5th. Royal Bank Of Canada reissued an “outperform” rating and issued a $289.00 target price (up from $273.00) on shares of Union Pacific in a research note on Friday, April 24th. Weiss Ratings raised shares of Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, April 21st. Finally, Citigroup reissued a “buy” rating and issued a $307.00 target price (up from $285.00) on shares of Union Pacific in a research note on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $282.21.
Read Our Latest Research Report on Union Pacific
Union Pacific Profile
Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.
Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.
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