Whittier Trust Co. of Nevada Inc. raised its position in Union Pacific Co. (NYSE:UNP – Free Report) by 1.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,256 shares of the railroad operator’s stock after purchasing an additional 219 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Union Pacific were worth $5,303,000 at the end of the most recent quarter.
Several other hedge funds also recently bought and sold shares of the company. World Investment Advisors LLC lifted its stake in shares of 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 purchasing an additional 18,060 shares during the last quarter. abrdn plc lifted its position in shares of Union Pacific by 9.3% in the fourth quarter. abrdn plc now owns 415,874 shares of the railroad operator’s stock worth $94,588,000 after buying an additional 35,414 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Union Pacific by 2.8% during the 4th 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 in the last quarter. Border to Coast Pensions Partnership Ltd increased its holdings in shares of Union Pacific by 24.2% during the 4th quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator’s stock valued at $63,185,000 after acquiring an additional 53,946 shares during the last quarter. Finally, Pensionfund Sabic raised its stake in shares of Union Pacific by 61.5% in the 4th quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator’s stock valued at $2,394,000 after acquiring an additional 4,000 shares in the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.
Union Pacific Price Performance
Union Pacific stock opened at $233.79 on Friday. The business has a 50 day simple moving average of $242.68 and a 200 day simple moving average of $240.16. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. The company has a market capitalization of $141.28 billion, a PE ratio of 21.08, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.07.
Union Pacific Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be issued a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a dividend yield of 2.29%. The ex-dividend date is Friday, February 28th. Union Pacific’s payout ratio is 48.33%.
Analysts Set New Price Targets
A number of equities research analysts have issued reports on UNP shares. Benchmark upped their target price on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. TD Cowen lifted their target price on shares of Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Raymond James reaffirmed a “strong-buy” rating and issued a $285.00 price target (up from $265.00) on shares of Union Pacific in a research report on Friday, January 24th. Deutsche Bank Aktiengesellschaft initiated coverage on Union Pacific in a research report on Friday, March 7th. They set a “buy” rating and a $295.00 price objective for the company. Finally, Wells Fargo & Company dropped their price target on Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 7th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $263.00.
Check Out Our Latest Research Report on UNP
Insider Activity
In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of Union Pacific 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 completion of the transaction, the executive vice president now owns 26,319 shares in the company, valued at approximately $6,632,388. The trade was a 19.79 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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. 0.28% of the stock is currently owned by corporate insiders.
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.
Featured Stories
- Five stocks we like better than Union Pacific
- Where Do I Find 52-Week Highs and Lows?
- FedEx Delivers Another Crushing Blow to Its Stock Price
- Comparing and Trading High PE Ratio Stocks
- Analysts Stay Bullish on Rocket Lab as Signs of a Bottom Emerge
- Breakout Stocks: What They Are and How to Identify Them
- Micron Stock Will Retest All-Time Highs This Year
Want to see what other hedge funds are holding UNP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Union Pacific Co. (NYSE:UNP – Free Report).
Receive News & Ratings for Union Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific and related companies with MarketBeat.com's FREE daily email newsletter.