Douglass Winthrop Advisors LLC lowered its position in Union Pacific Co. (NYSE:UNP – Free Report) by 1.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,366 shares of the railroad operator’s stock after selling 200 shares during the period. Douglass Winthrop Advisors LLC’s holdings in Union Pacific were worth $3,276,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Compass Financial Services Inc bought a new position in shares of Union Pacific during the 4th quarter worth approximately $25,000. Synergy Asset Management LLC purchased a new stake in shares of Union Pacific during the fourth quarter valued at approximately $29,000. Dunhill Financial LLC boosted its position in Union Pacific by 111.5% in the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 68 shares during the last quarter. PrairieView Partners LLC bought a new position in Union Pacific in the 4th quarter valued at $34,000. Finally, Kentucky Trust Co purchased a new stake in shares of Union Pacific during the 4th quarter valued at $40,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.
Union Pacific Stock Performance
Shares of UNP opened at $234.67 on Friday. 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 Co. has a 12-month low of $218.55 and a 12-month high of $258.07. The company has a market cap of $141.81 billion, a PE ratio of 21.16, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05. The stock has a 50-day moving average price of $242.51 and a 200-day moving average price of $240.31.
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 issued 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 2.28%. Union Pacific’s dividend payout ratio is 48.33%.
Wall Street Analysts Forecast Growth
Several equities analysts recently weighed in on the stock. Stifel Nicolaus increased their price target on shares of Union Pacific from $253.00 to $270.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Robert W. Baird increased their target price on shares of Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. TD Cowen lifted their price target on shares of Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Benchmark boosted their price objective on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Finally, BMO Capital Markets increased their target price on shares of Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $263.00.
Insiders Place Their Bets
In other news, President Elizabeth F. Whited sold 7,500 shares of the firm’s stock in a transaction that occurred on Friday, January 24th. The shares were sold at an average price of $250.00, for a total value of $1,875,000.00. Following the transaction, the president now owns 64,960 shares in the company, valued at approximately $16,240,000. This trade represents a 10.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Craig V. Richardson sold 6,495 shares of Union Pacific stock in a transaction on 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 completion of the transaction, the executive vice president now directly owns 26,319 shares in the company, valued at approximately $6,632,388. The trade was a 19.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.28% of the company’s stock.
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.
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