TAGStone Capital Inc. Has $3.29 Million Stock Holdings in Union Pacific Co. (NYSE:UNP)

TAGStone Capital Inc. grew its position in shares of Union Pacific Co. (NYSE:UNP) by 0.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,426 shares of the railroad operator’s stock after purchasing an additional 83 shares during the quarter. Union Pacific makes up 1.6% of TAGStone Capital Inc.’s holdings, making the stock its 19th biggest holding. TAGStone Capital Inc.’s holdings in Union Pacific were worth $3,290,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in UNP. World Investment Advisors LLC raised its position in shares of Union Pacific by 103.1% during the third quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock worth $8,770,000 after acquiring an additional 18,060 shares during the last quarter. abrdn plc raised its position in shares of Union Pacific by 9.3% during the fourth quarter. abrdn plc now owns 415,874 shares of the railroad operator’s stock worth $94,588,000 after acquiring an additional 35,414 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of Union Pacific by 2.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator’s stock worth $44,348,000 after acquiring an additional 4,939 shares during the last quarter. Border to Coast Pensions Partnership Ltd raised its position in shares of Union Pacific by 24.2% during the fourth quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator’s stock worth $63,185,000 after acquiring an additional 53,946 shares during the last quarter. Finally, Pensionfund Sabic raised its position in shares of Union Pacific by 61.5% during the fourth quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator’s stock worth $2,394,000 after acquiring an additional 4,000 shares during the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Stock Down 0.4 %

Shares of NYSE:UNP opened at $233.79 on Monday. The stock has a market cap of $141.28 billion, a price-to-earnings ratio of 21.08, a PEG ratio of 2.15 and a beta of 1.05. The company has a quick ratio of 0.62, a current ratio of 0.77 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 business’s 50 day moving average is $242.68 and its 200 day moving average is $239.94.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) 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 quarter in the previous year, the business earned $2.71 EPS. On average, sell-side analysts forecast that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be given a dividend of $1.34 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $5.36 annualized dividend and a dividend yield of 2.29%. Union Pacific’s payout ratio is 48.33%.

Insiders Place Their Bets

In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of the business’s stock in a transaction on Monday, January 27th. The stock was sold at an average price of $252.00, for a total value of $1,636,740.00. Following the transaction, the executive vice president now owns 26,319 shares of the company’s stock, valued at approximately $6,632,388. The trade was a 19.79 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, President Elizabeth F. Whited sold 7,500 shares of the business’s stock in a transaction 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 completion of the transaction, the president now directly owns 64,960 shares in the company, valued at approximately $16,240,000. This represents a 10.35 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.28% of the company’s stock.

Analysts Set New Price Targets

UNP has been the subject of a number of analyst reports. TD Cowen raised their price objective on Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Robert W. Baird raised their price objective on Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Citigroup lifted their target price on Union Pacific from $254.00 to $260.00 and gave the stock a “neutral” rating in a report on Friday, January 24th. Wells Fargo & Company lowered their target price on Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Finally, Loop Capital downgraded 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 report on Monday, February 3rd. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus target price of $263.00.

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.