Union Pacific Co. (NYSE:UNP) Shares Sold by Pittenger & Anderson Inc.

Pittenger & Anderson Inc. lowered its stake in Union Pacific Co. (NYSE:UNP) by 1.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 90,662 shares of the railroad operator’s stock after selling 1,680 shares during the quarter. Union Pacific comprises about 1.0% of Pittenger & Anderson Inc.’s portfolio, making the stock its 24th biggest holding. Pittenger & Anderson Inc.’s holdings in Union Pacific were worth $22,268,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the stock. Lyell Wealth Management LP lifted its holdings in Union Pacific by 13.7% in the fourth quarter. Lyell Wealth Management LP now owns 34,455 shares of the railroad operator’s stock worth $8,463,000 after purchasing an additional 4,145 shares during the period. Bailard Inc. lifted its holdings in Union Pacific by 1.7% in the 4th quarter. Bailard Inc. now owns 14,992 shares of the railroad operator’s stock valued at $3,682,000 after acquiring an additional 256 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. lifted its holdings in Union Pacific by 4.4% in the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 13,332 shares of the railroad operator’s stock valued at $3,275,000 after acquiring an additional 567 shares during the last quarter. Atria Wealth Solutions Inc. lifted its holdings in Union Pacific by 1.2% in the 4th quarter. Atria Wealth Solutions Inc. now owns 36,966 shares of the railroad operator’s stock valued at $9,080,000 after acquiring an additional 429 shares during the last quarter. Finally, Capital Advisors Ltd. LLC lifted its holdings in Union Pacific by 5.1% in the 4th quarter. Capital Advisors Ltd. LLC now owns 1,612 shares of the railroad operator’s stock valued at $396,000 after acquiring an additional 78 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Insiders Place Their Bets

In other Union Pacific news, President Elizabeth F. Whited sold 3,750 shares of the company’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $250.00, for a total transaction of $937,500.00. Following the completion of the sale, the president now owns 56,682 shares of the company’s stock, valued at $14,170,500. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.28% of the company’s stock.

Union Pacific Stock Down 0.2 %

NYSE:UNP traded down $0.47 during mid-day trading on Friday, reaching $243.08. The stock had a trading volume of 1,017,361 shares, compared to its average volume of 2,317,354. The business’s 50 day moving average is $244.34 and its 200 day moving average is $234.68. Union Pacific Co. has a fifty-two week low of $190.45 and a fifty-two week high of $258.66. The stock has a market cap of $148.30 billion, a P/E ratio of 23.15, a PEG ratio of 2.51 and a beta of 1.07. The company has a debt-to-equity ratio of 2.11, a current ratio of 0.81 and a quick ratio of 0.67.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 EPS for the quarter, topping analysts’ consensus estimates of $2.50 by $0.19. Union Pacific had a return on equity of 46.87% and a net margin of 26.45%. The firm had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $5.97 billion. During the same quarter in the prior year, the company posted $2.67 earnings per share. The firm’s revenue was down .4% on a year-over-year basis. As a group, sell-side analysts predict that Union Pacific Co. will post 11.01 earnings per share for the current year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Thursday, February 29th were given a dividend of $1.30 per share. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $5.20 dividend on an annualized basis and a yield of 2.14%. Union Pacific’s payout ratio is currently 49.71%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Stifel Nicolaus upped their price target on shares of Union Pacific from $231.00 to $248.00 and gave the company a “hold” rating in a report on Friday, April 12th. Susquehanna upped their price target on shares of Union Pacific from $255.00 to $270.00 and gave the company a “neutral” rating in a report on Friday. UBS Group upped their price objective on shares of Union Pacific from $235.00 to $248.00 and gave the company a “neutral” rating in a research note on Friday, January 26th. Morgan Stanley upped their price objective on shares of Union Pacific from $198.00 to $210.00 and gave the company an “equal weight” rating in a research note on Friday. Finally, Benchmark upped their price objective on shares of Union Pacific from $260.00 to $266.00 and gave the company a “buy” rating in a research note on Wednesday, April 10th. Eight equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $258.57.

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.