Union Pacific Co. (NYSE:UNP) Shares Sold by Waters Parkerson & CO. LLC

Waters Parkerson & CO. LLC trimmed its stake in Union Pacific Co. (NYSE:UNPFree Report) by 25.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,220 shares of the railroad operator’s stock after selling 1,107 shares during the quarter. Waters Parkerson & CO. LLC’s holdings in Union Pacific were worth $656,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Dynamic Advisor Solutions LLC increased its stake in Union Pacific by 18.4% in the second quarter. Dynamic Advisor Solutions LLC now owns 20,508 shares of the railroad operator’s stock valued at $4,196,000 after purchasing an additional 3,186 shares during the last quarter. Nwam LLC increased its stake in Union Pacific by 48.2% during the second quarter. Nwam LLC now owns 8,479 shares of the railroad operator’s stock worth $1,735,000 after acquiring an additional 2,757 shares during the last quarter. Franklin Resources Inc. increased its stake in Union Pacific by 58.3% during the second quarter. Franklin Resources Inc. now owns 6,215,626 shares of the railroad operator’s stock worth $1,271,841,000 after acquiring an additional 2,288,329 shares during the last quarter. Park Place Capital Corp increased its stake in Union Pacific by 28.1% during the third quarter. Park Place Capital Corp now owns 4,987 shares of the railroad operator’s stock worth $1,016,000 after acquiring an additional 1,094 shares during the last quarter. Finally, Ergoteles LLC increased its stake in Union Pacific by 909.0% during the second quarter. Ergoteles LLC now owns 75,258 shares of the railroad operator’s stock worth $15,399,000 after acquiring an additional 67,799 shares during the last quarter. 77.36% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Trading Down 0.8 %

Shares of NYSE UNP opened at $247.40 on Tuesday. The stock’s 50 day moving average price is $241.42 and its two-hundred day moving average price is $225.02. Union Pacific Co. has a 52-week low of $183.69 and a 52-week high of $251.65. The stock has a market capitalization of $150.82 billion, a P/E ratio of 23.65, a PEG ratio of 2.71 and a beta of 1.08. The company has a quick ratio of 0.57, a current ratio of 0.81 and a debt-to-equity ratio of 2.11.

Union Pacific (NYSE:UNPGet Free Report) last announced its quarterly earnings data on Thursday, January 25th. The railroad operator reported $2.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.56 by $0.15. The firm had revenue of $6.16 billion for the quarter, compared to analysts’ expectations of $6.05 billion. Union Pacific had a return on equity of 46.87% and a net margin of 26.45%. Union Pacific’s revenue for the quarter was down .3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.67 earnings per share. On average, analysts anticipate that Union Pacific Co. will post 10.96 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 29th. Investors of record on Thursday, February 29th will be given a $1.30 dividend. This represents a $5.20 annualized dividend and a yield of 2.10%. The ex-dividend date of this dividend is Wednesday, February 28th. Union Pacific’s dividend payout ratio is currently 49.71%.

Wall Street Analyst Weigh In

Several brokerages have commented on UNP. UBS Group upped their price target on Union Pacific from $235.00 to $248.00 and gave the stock a “neutral” rating in a research note on Friday, January 26th. Benchmark reaffirmed a “buy” rating and issued a $260.00 target price on shares of Union Pacific in a research report on Friday, January 26th. Raymond James upped their target price on Union Pacific from $240.00 to $275.00 and gave the stock a “strong-buy” rating in a research report on Tuesday, January 16th. BMO Capital Markets upped their target price on Union Pacific from $270.00 to $275.00 and gave the stock an “outperform” rating in a research report on Friday, January 26th. Finally, Royal Bank of Canada decreased their target price on Union Pacific from $282.00 to $272.00 and set an “outperform” rating for the company in a research report on Friday, January 26th. Seven research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $249.67.

Read Our Latest Report on Union Pacific

Insider Activity at Union Pacific

In related news, CFO Jennifer L. Hamann sold 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $235.00, for a total value of $235,000.00. Following the sale, the chief financial officer now directly owns 98,297 shares in the company, valued at approximately $23,099,795. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other news, CEO Vincenzo J. Vena purchased 4,500 shares of the firm’s stock in a transaction on Tuesday, November 21st. The stock was purchased at an average cost of $222.00 per share, with a total value of $999,000.00. Following the purchase, the chief executive officer now owns 5,106 shares in the company, valued at approximately $1,133,532. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Jennifer L. Hamann sold 1,000 shares of the stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of $235.00, for a total value of $235,000.00. Following the transaction, the chief financial officer now directly owns 98,297 shares of the company’s stock, valued at $23,099,795. The disclosure for this sale can be found here. 0.30% of the stock is owned by insiders.

Union Pacific 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, and other agricultural users; petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.

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

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