Nicolet Advisory Services LLC Has $661,000 Position in Union Pacific Co. (NYSE:UNP)

by · The Cerbat Gem

Nicolet Advisory Services LLC raised its holdings in Union Pacific Co. (NYSE:UNP – Free Report) by 5.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,936 shares of the railroad operator’s stock after buying an additional 144 shares during the period. Nicolet Advisory Services LLC’s holdings in Union Pacific were worth $661,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in UNP. Compass Financial Services Inc bought a new position in Union Pacific in the 4th quarter valued at about $25,000. Synergy Asset Management LLC purchased a new stake in shares of Union Pacific in the fourth quarter worth approximately $29,000. Dunhill Financial LLC lifted its holdings 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 in the last quarter. PrairieView Partners LLC purchased a new position in shares of Union Pacific during the fourth quarter valued at approximately $34,000. Finally, Kentucky Trust Co bought a new stake in Union Pacific during the fourth quarter worth $40,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Price Performance

Union Pacific stock opened at $223.75 on Friday. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.07. The firm has a market capitalization of $134.10 billion, a P/E ratio of 20.18, a PEG ratio of 2.15 and a beta of 1.05. The business has a fifty day moving average price of $242.74 and a 200-day moving average price of $239.13.

Union Pacific (NYSE:UNP – Get Free Report) last posted its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, beating 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 last year, the firm posted $2.71 earnings per share. As a group, equities research analysts forecast that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

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

Insider Buying and Selling at Union Pacific

In other news, EVP Craig V. Richardson sold 6,495 shares of Union Pacific 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 sale, the executive vice president now owns 26,319 shares in the company, valued at approximately $6,632,388. This trade represents a 19.79 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, President Elizabeth F. Whited sold 7,500 shares of the company’s stock in a transaction that occurred on Friday, January 24th. The stock was sold at an average price of $250.00, for a total transaction of $1,875,000.00. Following the completion of the transaction, the president now owns 64,960 shares in the company, valued at approximately $16,240,000. This trade represents a 10.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.28% of the company’s stock.

Analyst Upgrades and Downgrades

UNP has been the topic of a number of analyst reports. Raymond James reaffirmed a “strong-buy” rating and set a $285.00 price objective (up from $265.00) on shares of Union Pacific in a report on Friday, January 24th. Guggenheim upped their price objective on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Deutsche Bank Aktiengesellschaft started coverage on shares of Union Pacific in a research report on Friday, March 7th. They set a “buy” rating and a $295.00 target price on the stock. TD Cowen upped their target price on Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a report on Friday, January 24th. Finally, BMO Capital Markets increased their price target on Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. One research 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 company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $261.95.

Check Out Our Latest Analysis on UNP

Union Pacific Company Profile

(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.

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