5,543 Shares in Union Pacific Co. (NYSE:UNP) Bought by Trust Point Inc.

Trust Point Inc. acquired a new stake in Union Pacific Co. (NYSE:UNPFree Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 5,543 shares of the railroad operator’s stock, valued at approximately $1,361,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sunburst Financial Group LLC boosted its position in Union Pacific by 1.8% in the 4th quarter. Sunburst Financial Group LLC now owns 2,393 shares of the railroad operator’s stock valued at $588,000 after buying an additional 42 shares during the last quarter. Sunflower Bank N.A. lifted its holdings in Union Pacific by 0.8% in the fourth quarter. Sunflower Bank N.A. now owns 5,573 shares of the railroad operator’s stock worth $1,369,000 after acquiring an additional 43 shares during the last quarter. Obsidian Personal Planning Solutions LLC lifted its holdings in Union Pacific by 1.9% in the third quarter. Obsidian Personal Planning Solutions LLC now owns 2,416 shares of the railroad operator’s stock worth $492,000 after acquiring an additional 45 shares during the last quarter. Vivaldi Capital Management LP lifted its holdings in Union Pacific by 3.1% in the second quarter. Vivaldi Capital Management LP now owns 1,585 shares of the railroad operator’s stock worth $324,000 after acquiring an additional 47 shares during the last quarter. Finally, Smith Chas P & Associates PA Cpas lifted its holdings in Union Pacific by 3.7% in the third quarter. Smith Chas P & Associates PA Cpas now owns 1,384 shares of the railroad operator’s stock worth $282,000 after acquiring an additional 49 shares during the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Union Pacific

In other news, President Elizabeth F. Whited sold 3,750 shares of Union Pacific stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $250.00, for a total transaction of $937,500.00. Following the transaction, the president now directly owns 56,682 shares of the company’s stock, valued at $14,170,500. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.30% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of brokerages have issued reports on UNP. StockNews.com cut shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Monday, March 18th. BMO Capital Markets raised their price target on shares of Union Pacific from $270.00 to $275.00 and gave the company an “outperform” rating in a research note on Friday, January 26th. Benchmark reiterated a “buy” rating and set a $260.00 price objective on shares of Union Pacific in a research note on Friday, January 26th. Raymond James raised their price objective on shares of Union Pacific from $240.00 to $275.00 and gave the company a “strong-buy” rating in a research note on Tuesday, January 16th. Finally, TD Cowen lifted their price target on shares of Union Pacific from $228.00 to $251.00 and gave the stock an “outperform” rating in a research report on Friday, January 26th. Seven investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $251.33.

Get Our Latest Research Report on UNP

Union Pacific Stock Up 0.1 %

Shares of Union Pacific stock traded up $0.13 during midday trading on Wednesday, reaching $242.66. 632,055 shares of the company’s stock traded hands, compared to its average volume of 2,335,077. The company has a debt-to-equity ratio of 2.11, a quick ratio of 0.67 and a current ratio of 0.81. Union Pacific Co. has a 52 week low of $190.37 and a 52 week high of $258.66. The company’s 50 day simple moving average is $247.93 and its 200 day simple moving average is $231.50. The company has a market cap of $148.05 billion, a price-to-earnings ratio of 23.19, a price-to-earnings-growth ratio of 2.64 and a beta of 1.07.

Union Pacific (NYSE:UNPGet Free Report) last released its quarterly earnings results on Thursday, January 25th. The railroad operator reported $2.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.56 by $0.15. The company had revenue of $6.16 billion during the quarter, compared to analysts’ expectations of $6.05 billion. Union Pacific had a net margin of 26.45% and a return on equity of 46.87%. The business’s quarterly revenue was down .3% compared to the same quarter last year. During the same period in the prior year, the company earned $2.67 earnings per share. Equities analysts expect that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Thursday, February 29th were issued a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.14%. The ex-dividend date was Wednesday, February 28th. Union Pacific’s dividend payout ratio is currently 49.71%.

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

Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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