XTX Topco Ltd Cuts Position in Union Pacific Co. (NYSE:UNP)

XTX Topco Ltd reduced its position in shares of Union Pacific Co. (NYSE:UNP) by 39.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,704 shares of the railroad operator’s stock after selling 1,758 shares during the period. XTX Topco Ltd’s holdings in Union Pacific were worth $617,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of UNP. Norges Bank purchased a new stake in Union Pacific during the fourth quarter worth about $1,927,377,000. Raymond James Financial Inc. acquired a new stake in Union Pacific during the 4th quarter worth approximately $1,035,905,000. Geode Capital Management LLC boosted its position in Union Pacific by 12.6% in 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 buying an additional 1,616,895 shares during the period. Vontobel Holding Ltd. grew its stake in shares of Union Pacific by 74.7% in the fourth quarter. Vontobel Holding Ltd. now owns 2,146,990 shares of the railroad operator’s stock worth $489,600,000 after acquiring an additional 918,248 shares in the last quarter. Finally, Franklin Resources Inc. increased its position in shares of Union Pacific by 9.3% during the third quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator’s stock worth $1,795,993,000 after acquiring an additional 625,492 shares during the period. 80.38% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Union Pacific

In related news, President Elizabeth F. Whited sold 7,500 shares of Union Pacific stock in a transaction that occurred on Friday, January 24th. The stock was sold at an average price of $250.00, for a total value of $1,875,000.00. Following the sale, the president now directly owns 64,960 shares in the company, valued at $16,240,000. The trade was a 10.35 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available 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 completion of the sale, the executive vice president now directly owns 26,319 shares of the company’s stock, valued at approximately $6,632,388. This trade represents a 19.79 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.19% of the company’s stock.

Union Pacific Stock Performance

NYSE UNP opened at $220.26 on Friday. The business’s 50-day moving average price is $235.02 and its 200 day moving average price is $236.47. 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 market cap of $132.01 billion, a P/E ratio of 19.86, a P/E/G ratio of 2.15 and a beta of 1.06. Union Pacific Co. has a 52-week low of $204.66 and a 52-week high of $258.07.

Union Pacific (NYSE:UNP) last released 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 return on equity of 41.12% and a net margin of 27.82%. During the same period last year, the company earned $2.71 EPS. On average, equities research analysts expect that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, February 28th were given a dividend of $1.34 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a yield of 2.43%. Union Pacific’s payout ratio is currently 48.33%.

Analysts Set New Price Targets

Several research firms recently commented on UNP. Loop Capital cut Union Pacific from a “hold” rating to a “sell” rating and lowered their target price for the stock from $265.00 to $200.00 in a research note on Monday, February 3rd. Susquehanna lowered their price objective on Union Pacific from $265.00 to $255.00 and set a “neutral” rating for the company in a research report on Thursday, March 27th. UBS Group reduced their target price on shares of Union Pacific from $255.00 to $245.00 and set a “neutral” rating on the stock in a report on Wednesday, April 2nd. 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 target for the company. Finally, Wells Fargo & Company decreased their price objective on shares of Union Pacific from $265.00 to $260.00 and set an “overweight” rating for the company in a research report on Thursday, March 27th. One analyst has rated the stock with a sell rating, seven have given a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and an average price target of $257.50.

Union Pacific Profile

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.