Union Pacific Co. (NYSE:UNP) Shares Sold by Puzo Michael J

by · The Cerbat Gem

Puzo Michael J lessened its holdings in Union Pacific Co. (NYSE:UNP – Free Report) by 4.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,250 shares of the railroad operator’s stock after selling 100 shares during the quarter. Puzo Michael J’s holdings in Union Pacific were worth $513,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Compass Financial Services Inc acquired a new position in Union Pacific during the fourth quarter worth $25,000. Synergy Asset Management LLC acquired a new position in shares of Union Pacific during the 4th quarter worth $29,000. Dunhill Financial LLC lifted its stake in shares of Union Pacific by 111.5% in the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after purchasing an additional 68 shares during the period. PrairieView Partners LLC purchased a new stake in Union Pacific during the fourth quarter worth about $34,000. Finally, Kentucky Trust Co acquired a new position in Union Pacific during the fourth quarter worth about $40,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Insider Activity at Union Pacific

In related news, President Elizabeth F. Whited sold 7,500 shares of the stock in a transaction dated Friday, January 24th. The shares were sold at an average price of $250.00, for a total transaction of $1,875,000.00. Following the sale, the president now owns 64,960 shares in the company, valued at $16,240,000. This represents a 10.35 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Craig V. Richardson sold 6,495 shares of the firm’s stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $252.00, for a total transaction of $1,636,740.00. Following the completion of the transaction, the executive vice president now directly owns 26,319 shares in the company, valued at $6,632,388. This represents a 19.79 % decrease in their position. The disclosure for this sale can be found here. 0.28% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on UNP shares. Susquehanna decreased their price target on Union Pacific from $265.00 to $255.00 and set a “neutral” rating on the stock in a research note on Thursday, March 27th. Loop Capital lowered Union Pacific from a “hold” rating to a “sell” rating and lowered their target price for the company from $265.00 to $200.00 in a report on Monday, February 3rd. BMO Capital Markets lifted their price target on Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. Benchmark increased their price objective on shares of Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Finally, Wells Fargo & Company reduced their price target on shares of Union Pacific from $265.00 to $260.00 and set an “overweight” rating on the stock in a report on Thursday, March 27th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $261.95.

Get Our Latest Analysis on UNP

Union Pacific Trading Down 6.2 %

Shares of UNP opened at $223.75 on Friday. The stock’s fifty day simple moving average is $242.74 and its 200 day simple moving average is $239.13. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.07. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76. The firm has a market capitalization of $134.10 billion, a P/E ratio of 20.18, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05.

Union Pacific (NYSE:UNP – Get Free Report) last issued its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.76 by $0.15. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. During the same quarter in the previous year, the company posted $2.71 earnings per share. On average, equities research analysts forecast that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, February 28th were issued a dividend of $1.34 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $5.36 annualized dividend and a dividend yield of 2.40%. Union Pacific’s payout ratio is 48.33%.

About Union Pacific

(Free Report)

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.

See Also

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