Union Pacific Co. (NYSE:UNP) Shares Acquired by Symmetry Investments LP

by · The Markets Daily

Symmetry Investments LP raised its stake in Union Pacific Co. (NYSE:UNP – Free Report) by 1,610.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 157,438 shares of the railroad operator’s stock after buying an additional 148,235 shares during the period. Union Pacific accounts for 1.9% of Symmetry Investments LP’s holdings, making the stock its 7th largest holding. Symmetry Investments LP’s holdings in Union Pacific were worth $35,902,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Geode Capital Management LLC boosted its holdings in shares of Union Pacific by 12.6% during the 4th quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator’s stock valued at $3,282,305,000 after acquiring an additional 1,616,895 shares in the last quarter. Capital Research Global Investors raised its position in Union Pacific by 14.3% in the fourth quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator’s stock valued at $2,370,559,000 after purchasing an additional 1,298,178 shares during the last quarter. Norges Bank bought a new position in Union Pacific in the fourth quarter valued at about $1,927,377,000. Franklin Resources Inc. boosted its stake in shares of Union Pacific by 5.0% during the fourth quarter. Franklin Resources Inc. now owns 7,686,387 shares of the railroad operator’s stock valued at $1,752,804,000 after purchasing an additional 363,937 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD grew its holdings in shares of Union Pacific by 1.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 6,594,882 shares of the railroad operator’s stock worth $1,503,899,000 after purchasing an additional 105,111 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Insider Buying and Selling

In related news, President Elizabeth F. Whited sold 7,500 shares of the company’s stock in a transaction 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 sale, the president now owns 64,960 shares in the company, valued at approximately $16,240,000. This represents a 10.35 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Craig V. Richardson sold 6,495 shares of the firm’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 transaction, 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 ownership of the stock. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by company insiders.

Union Pacific Stock Performance

Shares of Union Pacific stock opened at $216.91 on Wednesday. The business has a 50-day simple moving average of $233.69 and a 200 day simple moving average of $236.10. Union Pacific Co. has a one year low of $204.66 and a one year high of $258.07. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. The firm has a market capitalization of $130.00 billion, a price-to-earnings ratio of 19.56, a PEG ratio of 2.15 and a beta of 1.06.

Union Pacific (NYSE:UNP – Get Free Report) last released its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, beating the consensus estimate 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 prior year, the business earned $2.71 earnings per share. On average, research analysts anticipate that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, February 28th were given a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a dividend yield of 2.47%. The ex-dividend date was Friday, February 28th. Union Pacific’s payout ratio is presently 48.33%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on UNP. Benchmark raised their price objective on shares of Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a report on Friday, January 24th. TD Cowen raised their price target on shares of Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Union Pacific in a research note on Friday, March 7th. They issued a “buy” rating and a $295.00 price objective on the stock. Citigroup raised Union Pacific from a “neutral” rating to a “buy” rating and lowered their target price for the stock from $260.00 to $244.00 in a research report on Tuesday, April 8th. Finally, Guggenheim upped their price target on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, January 24th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $257.50.

Read Our Latest Research Report on Union Pacific

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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