Garrison Point Advisors LLC Reduces Stock Position in Union Pacific Co. (NYSE:UNP)

Garrison Point Advisors LLC decreased its holdings in Union Pacific Co. (NYSE:UNP) by 0.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 7,870 shares of the railroad operator’s stock after selling 70 shares during the quarter. Union Pacific makes up about 0.9% of Garrison Point Advisors LLC’s holdings, making the stock its 29th biggest holding. Garrison Point Advisors LLC’s holdings in Union Pacific were worth $1,795,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Compass Financial Services Inc purchased a new position in Union Pacific during the 4th quarter worth $25,000. Synergy Asset Management LLC bought a new stake in shares of Union Pacific in the fourth quarter valued at about $29,000. Dunhill Financial LLC grew its holdings in Union Pacific by 111.5% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after acquiring an additional 68 shares in the last quarter. PrairieView Partners LLC bought a new position in Union Pacific during the 4th quarter worth about $34,000. Finally, Kentucky Trust Co purchased a new position in Union Pacific during the 4th quarter valued at about $40,000. 80.38% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. Citigroup increased their price objective on shares of Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research note on Friday, January 24th. Benchmark lifted their price target on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a report on Friday, January 24th. Raymond James restated a “strong-buy” rating and set a $285.00 price objective (up from $265.00) on shares of Union Pacific in a research note on Friday, January 24th. TD Cowen lifted their target price on Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Finally, Robert W. Baird boosted their target price on shares of Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $261.95.

Union Pacific Stock Down 5.0 %

Shares of UNP stock opened at $212.86 on Friday. Union Pacific Co. has a fifty-two week low of $212.55 and a fifty-two week high of $258.07. The firm has a market capitalization of $127.57 billion, a PE ratio of 19.19, a P/E/G ratio of 2.15 and a beta of 1.06. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. The stock’s 50-day simple moving average is $242.01 and its 200-day simple moving average is $238.75.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, beating the consensus estimate 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 previous year, the business posted $2.71 earnings per share. Equities analysts expect that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, February 28th were issued a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.52%. The ex-dividend date of this dividend was Friday, February 28th. Union Pacific’s payout ratio is 48.33%.

Insiders Place Their Bets

In related news, EVP Craig V. Richardson sold 6,495 shares of the firm’s stock in a transaction dated 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 sale, the executive vice president now directly owns 26,319 shares of the company’s stock, valued at $6,632,388. This trade represents a 19.79 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of the business’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 completion of the transaction, the president now directly owns 64,960 shares of the company’s stock, valued at $16,240,000. The trade was a 10.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.28% of the stock is owned by insiders.

Union Pacific 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.