Tweedy Browne Co LLC cut its holdings in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 48.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,965 shares of the railroad operator’s stock after selling 20,924 shares during the quarter. Union Pacific comprises 0.3% of Tweedy Browne Co LLC’s investment portfolio, making the stock its 26th largest holding. Tweedy Browne Co LLC’s holdings in Union Pacific were worth $5,009,000 as of its most recent SEC filing.
Other hedge funds also recently modified their holdings of the company. Palogic Value Management L.P. grew its stake in shares of Union Pacific by 1.5% in the fourth quarter. Palogic Value Management L.P. now owns 2,823 shares of the railroad operator’s stock valued at $644,000 after buying an additional 42 shares in the last quarter. Roble Belko & Company Inc lifted its stake in Union Pacific by 26.8% in the 4th quarter. Roble Belko & Company Inc now owns 213 shares of the railroad operator’s stock valued at $49,000 after purchasing an additional 45 shares during the last quarter. Pflug Koory LLC lifted its stake in Union Pacific by 0.5% in the 4th quarter. Pflug Koory LLC now owns 8,569 shares of the railroad operator’s stock valued at $1,954,000 after purchasing an additional 45 shares during the last quarter. Baron Wealth Management LLC grew its holdings in Union Pacific by 3.3% during the fourth 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. Finally, Mystic Asset Management Inc. increased its position in Union Pacific by 2.0% during the fourth quarter. Mystic Asset Management Inc. now owns 2,309 shares of the railroad operator’s stock worth $527,000 after buying an additional 45 shares during the last quarter. 80.38% of the stock is owned by institutional investors.
Insider Buying and Selling at Union Pacific
In related news, EVP Craig V. Richardson sold 6,495 shares of the stock in a transaction dated 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 transaction, the executive vice president now directly owns 26,319 shares in the company, valued at $6,632,388. This trade represents a 19.79 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of the business’s stock in a transaction dated 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 directly owns 64,960 shares in the company, valued at $16,240,000. The trade was 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.
Union Pacific Price Performance
Union Pacific (NYSE:UNP – Get Free Report) last issued its quarterly earnings data 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 net margin of 27.82% and a return on equity of 41.12%. During the same quarter in the prior year, the company posted $2.71 EPS. On average, equities research analysts anticipate that Union Pacific Co. will post 11.99 earnings per share for the current year.
Union Pacific Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, February 28th were issued a $1.34 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $5.36 annualized dividend and a yield of 2.27%. Union Pacific’s dividend payout ratio (DPR) is presently 48.33%.
Analyst Upgrades and Downgrades
A number of analysts have recently issued reports on UNP shares. Citigroup raised their price objective on Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research report on Friday, January 24th. Guggenheim raised their price target on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Robert W. Baird boosted their price target on Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. TD Cowen upped their target price on Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Finally, Raymond James restated a “strong-buy” rating and issued a $285.00 price target (up previously from $265.00) on shares of Union Pacific in a research report on Friday, January 24th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and an average price target of $262.76.
View Our Latest Analysis on UNP
About Union Pacific
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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