Jacobi Capital Management LLC Acquires 88 Shares of Union Pacific Co. (NYSE:UNP)

Jacobi Capital Management LLC raised its holdings in shares of Union Pacific Co. (NYSE:UNP) by 0.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,422 shares of the railroad operator’s stock after purchasing an additional 88 shares during the quarter. Jacobi Capital Management LLC’s holdings in Union Pacific were worth $2,149,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the business. Roble Belko & Company Inc increased its holdings in Union Pacific by 26.8% during the 4th quarter. Roble Belko & Company Inc now owns 213 shares of the railroad operator’s stock worth $49,000 after purchasing an additional 45 shares during the period. Pflug Koory LLC increased its holdings in Union Pacific by 0.5% during the 4th quarter. Pflug Koory LLC now owns 8,569 shares of the railroad operator’s stock worth $1,954,000 after purchasing an additional 45 shares during the period. Baron Wealth Management LLC increased its holdings in Union Pacific by 3.3% during the 4th quarter. Baron Wealth Management LLC now owns 1,409 shares of the railroad operator’s stock worth $321,000 after purchasing an additional 45 shares during the period. Regatta Capital Group LLC increased its holdings in Union Pacific by 2.8% during the 4th quarter. Regatta Capital Group LLC now owns 1,672 shares of the railroad operator’s stock worth $381,000 after purchasing an additional 46 shares during the period. Finally, Dakota Community Bank & Trust NA increased its holdings in Union Pacific by 2.8% during the 4th quarter. Dakota Community Bank & Trust NA now owns 1,786 shares of the railroad operator’s stock worth $407,000 after purchasing an additional 49 shares during the period. Institutional investors own 80.38% of the company’s stock.

Insider Activity at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 7,500 shares of the 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 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 position. The sale 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 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 sale, 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 position. 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 UNP stock opened at $246.94 on Friday. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.07. The company has a market cap of $149.22 billion, a price-to-earnings ratio of 22.27, a price-to-earnings-growth ratio of 2.15 and a beta of 1.06. The stock has a 50 day simple moving average of $239.46 and a 200-day simple moving average of $240.93. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share 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 period in the prior year, the company posted $2.71 earnings per share. On average, equities analysts forecast that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be paid a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.17%. The ex-dividend date is Friday, February 28th. Union Pacific’s payout ratio is currently 48.33%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on UNP. Citigroup upped their price objective on Union Pacific from $254.00 to $260.00 and gave the stock a “neutral” rating in a research report on Friday, January 24th. Benchmark upped their price objective on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Loop Capital cut Union Pacific from a “hold” rating to a “sell” rating and lowered their price objective for the stock from $265.00 to $200.00 in a research report on Monday, February 3rd. BMO Capital Markets upped their price objective on Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Finally, Barclays upped their price objective on Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 13th. One analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $261.40.

Union Pacific Company 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.