Capital International Inc. CA increased its position in Union Pacific Co. (NYSE:UNP – Free Report) by 12.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 108,412 shares of the railroad operator’s stock after acquiring an additional 11,975 shares during the quarter. Capital International Inc. CA’s holdings in Union Pacific were worth $24,722,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Howard Capital Management Group LLC raised its stake in shares of Union Pacific by 16.4% in the third quarter. Howard Capital Management Group LLC now owns 2,860 shares of the railroad operator’s stock valued at $705,000 after acquiring an additional 403 shares during the last quarter. Anchor Investment Management LLC lifted its position in shares of Union Pacific by 0.6% in the third quarter. Anchor Investment Management LLC now owns 43,071 shares of the railroad operator’s stock valued at $10,616,000 after buying an additional 276 shares during the last quarter. World Investment Advisors LLC grew its stake in Union Pacific by 103.1% in the 3rd quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock valued at $8,770,000 after buying an additional 18,060 shares during the last quarter. Arvest Bank Trust Division acquired a new stake in shares of Union Pacific during the third quarter worth $16,680,000. Finally, Wilmington Savings Fund Society FSB boosted its stake in shares of Union Pacific by 124.1% in the third quarter. Wilmington Savings Fund Society FSB now owns 52,963 shares of the railroad operator’s stock valued at $13,054,000 after buying an additional 29,330 shares during the period. 80.38% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at Union Pacific
In related news, EVP Craig V. Richardson sold 6,495 shares of the company’s 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 sale, the executive vice president now directly owns 26,319 shares in the company, valued at $6,632,388. This represents a 19.79 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, President Elizabeth F. Whited sold 7,500 shares of Union Pacific stock in a transaction dated 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 owns 64,960 shares in the company, valued at $16,240,000. This trade represents a 10.35 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.19% of the company’s stock.
Union Pacific Price Performance
Union Pacific (NYSE:UNP – Get Free Report) last released its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, topping analysts’ consensus estimates 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 last year, the business earned $2.71 earnings per share. Sell-side analysts predict that Union Pacific Co. will post 11.99 earnings per share for the current year.
Union Pacific Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, February 28th were issued a dividend of $1.34 per share. The ex-dividend date was Friday, February 28th. This represents a $5.36 annualized dividend and a dividend yield of 2.43%. Union Pacific’s dividend payout ratio (DPR) is 48.33%.
Analyst Upgrades and Downgrades
A number of equities analysts have recently commented on UNP shares. Stifel Nicolaus lowered their price target on Union Pacific from $270.00 to $248.00 and set a “buy” rating for the company in a report on Monday, April 14th. BMO Capital Markets upped their price objective on shares of Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. Deutsche Bank Aktiengesellschaft began coverage on shares of Union Pacific in a research report on Friday, March 7th. They set a “buy” rating and a $295.00 target price for the company. TD Cowen boosted their price objective on Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Finally, Guggenheim increased their price target on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, January 24th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $257.50.
Check Out Our Latest Report on Union Pacific
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.
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