Whalerock Point Partners LLC trimmed its holdings in Union Pacific Co. (NYSE:UNP – Free Report) by 0.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,864 shares of the railroad operator’s stock after selling 70 shares during the quarter. Union Pacific comprises 1.2% of Whalerock Point Partners LLC’s portfolio, making the stock its 23rd largest holding. Whalerock Point Partners LLC’s holdings in Union Pacific were worth $4,986,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. Compass Financial Services Inc purchased a new position in shares of Union Pacific in the fourth quarter worth approximately $25,000. Synergy Asset Management LLC bought a new stake in Union Pacific in the fourth quarter worth $29,000. EnRich Financial Partners LLC acquired a new position in shares of Union Pacific during the 4th quarter valued at about $31,000. PrairieView Partners LLC bought a new position in shares of Union Pacific in the fourth quarter valued at approximately $34,000. Finally, Strategic Investment Solutions Inc. IL grew its position in shares of Union Pacific by 38.8% in the fourth quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator’s stock valued at $39,000 after purchasing an additional 45 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling
In other news, EVP Craig V. Richardson sold 6,495 shares of Union Pacific stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $252.00, for a total transaction of $1,636,740.00. Following the sale, the executive vice president now owns 26,319 shares in the company, valued at $6,632,388. This trade represents a 19.79 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.28% of the stock is currently owned by corporate insiders.
Union Pacific Price Performance
Union Pacific (NYSE:UNP – Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing analysts’ consensus estimates of $2.79 by ($0.09). The business had revenue of $6.03 billion during the quarter, compared to analysts’ expectations of $6.11 billion. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. Equities analysts predict that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.
Union Pacific Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, February 28th were given a dividend of $1.34 per share. The ex-dividend date was Friday, February 28th. This represents a $5.36 annualized dividend and a dividend yield of 2.51%. Union Pacific’s dividend payout ratio (DPR) is presently 48.29%.
Analyst Ratings Changes
A number of equities research analysts recently weighed in on the company. Raymond James reissued a “strong-buy” rating on shares of Union Pacific in a research report on Friday. Deutsche Bank Aktiengesellschaft started coverage on Union Pacific in a report on Friday, March 7th. They set a “buy” rating and a $295.00 price target for the company. Jefferies Financial Group reduced their price objective on Union Pacific from $255.00 to $230.00 and set a “hold” rating on the stock in a report on Wednesday, April 9th. Citigroup raised shares of Union Pacific from a “neutral” rating to a “buy” rating and dropped their price target for the stock from $260.00 to $244.00 in a research note on Tuesday, April 8th. Finally, Wells Fargo & Company lowered their price target on Union Pacific from $265.00 to $260.00 and set an “overweight” rating for the company in a research note on Thursday, March 27th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus target price of $258.00.
Check Out Our Latest Research Report on UNP
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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