Lbp Am Sa Grows Holdings in Union Pacific Co. (NYSE:UNP)
by Danessa Lincoln · The Markets DailyLbp Am Sa increased its position in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 10.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 114,391 shares of the railroad operator’s stock after buying an additional 10,829 shares during the period. Lbp Am Sa’s holdings in Union Pacific were worth $26,086,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in UNP. Compass Financial Services Inc purchased a new stake in Union Pacific during the 4th quarter worth $25,000. Synergy Asset Management LLC acquired a new position in Union Pacific during the 4th quarter worth $29,000. Peterson Financial Group Inc. acquired a new position in Union Pacific during the 3rd quarter worth $32,000. Dunhill Financial LLC grew its holdings in Union Pacific by 111.5% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after acquiring an additional 68 shares in the last quarter. Finally, PrairieView Partners LLC acquired a new position in Union Pacific during the 4th quarter worth $34,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.
Insiders Place Their Bets
In other Union Pacific news, President Elizabeth F. Whited sold 7,500 shares of the business’s 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 directly owns 64,960 shares in the company, valued at approximately $16,240,000. The trade was a 10.35 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Craig V. Richardson sold 6,495 shares of the business’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 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 disclosure for this sale can be found here. 0.26% of the stock is owned by insiders.
Analyst Ratings Changes
Several brokerages have weighed in on UNP. BMO Capital Markets raised their price objective on shares of Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. Deutsche Bank Aktiengesellschaft began coverage on shares of Union Pacific in a report on Friday, March 7th. They set a “buy” rating and a $295.00 price objective for the company. Benchmark raised their price objective on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Citigroup raised their price objective on shares of Union Pacific from $254.00 to $260.00 and gave the stock a “neutral” rating in a report on Friday, January 24th. Finally, Robert W. Baird lifted their price target on shares of Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a report on Friday, January 24th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $263.00.
Get Our Latest Research Report on Union Pacific
Union Pacific Trading Down 1.3 %
Union Pacific stock opened at $234.36 on Friday. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. The firm has a 50-day moving average price of $241.93 and a two-hundred day moving average price of $240.85. The firm has a market capitalization of $141.62 billion, a price-to-earnings ratio of 21.13, a PEG ratio of 2.15 and a beta of 1.05. Union Pacific Co. has a 52-week low of $218.55 and a 52-week high of $258.07.
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 (EPS) for the quarter, beating analysts’ consensus estimates of $2.76 by $0.15. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. During the same quarter last year, the business posted $2.71 earnings per share. Sell-side analysts expect that Union Pacific Co. will post 11.99 earnings per share for the current year.
Union Pacific Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be given a dividend of $1.34 per share. The ex-dividend date is Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.29%. Union Pacific’s dividend payout ratio (DPR) is 48.33%.
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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