Windward Capital Management Co. CA reduced its stake in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 1.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 21,793 shares of the railroad operator’s stock after selling 406 shares during the quarter. Windward Capital Management Co. CA’s holdings in Union Pacific were worth $4,970,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds have also recently bought and sold shares of UNP. Beach Investment Counsel Inc. PA raised its position in shares of Union Pacific by 12.7% during the fourth quarter. Beach Investment Counsel Inc. PA now owns 8,857 shares of the railroad operator’s stock valued at $2,020,000 after buying an additional 996 shares during the last quarter. E. Ohman J or Asset Management AB increased its stake in Union Pacific by 7.5% during the fourth quarter. E. Ohman J or Asset Management AB now owns 28,523 shares of the railroad operator’s stock valued at $6,504,000 after acquiring an additional 1,987 shares during the period. Brown Lisle Cummings Inc. increased its stake in Union Pacific by 139.6% during the fourth quarter. Brown Lisle Cummings Inc. now owns 460 shares of the railroad operator’s stock valued at $105,000 after acquiring an additional 268 shares during the period. Commonwealth Financial Services LLC raised its holdings in Union Pacific by 17.1% in the 4th quarter. Commonwealth Financial Services LLC now owns 1,393 shares of the railroad operator’s stock valued at $318,000 after acquiring an additional 203 shares in the last quarter. Finally, Sloy Dahl & Holst LLC lifted its position in shares of Union Pacific by 0.8% in the 4th quarter. Sloy Dahl & Holst LLC now owns 6,050 shares of the railroad operator’s stock worth $1,380,000 after acquiring an additional 50 shares during the period. 80.38% of the stock is owned by institutional investors.
Insider Activity
In related news, 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 transaction of $1,875,000.00. Following the completion of the sale, 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 transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Craig V. Richardson sold 6,495 shares of the stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $252.00, for a total transaction 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 $6,632,388. This represents a 19.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.26% of the company’s stock.
Union Pacific Stock Performance
Union Pacific (NYSE:UNP – Get Free Report) last announced its earnings results 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 net margin of 27.82% and a return on equity of 41.12%. During the same period in the prior year, the firm earned $2.71 earnings per share. On average, research analysts anticipate that Union Pacific Co. will post 12.03 earnings per share for the current fiscal year.
Union Pacific Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were given a $1.34 dividend. The ex-dividend date of this dividend was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a yield of 2.20%. Union Pacific’s payout ratio is 48.33%.
Wall Street Analyst Weigh In
A number of research firms have recently issued reports on UNP. JPMorgan Chase & Co. lowered their price objective on Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Wells Fargo & Company lowered their price target on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a report on Tuesday, January 7th. Loop Capital downgraded shares of Union Pacific from a “hold” rating to a “sell” rating and reduced their price objective for the stock from $265.00 to $200.00 in a report on Monday. Citigroup upped their target price 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. Finally, Robert W. Baird increased their price target on shares of Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and an average price target of $261.40.
Get Our Latest Stock Report on UNP
Union Pacific Company 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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