Mendel Money Management lessened its holdings in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 15.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,847 shares of the railroad operator’s stock after selling 1,034 shares during the quarter. Mendel Money Management’s holdings in Union Pacific were worth $1,333,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently modified their holdings of UNP. Compass Financial Services Inc purchased a new stake in shares of Union Pacific during the 4th quarter valued at $25,000. Synergy Asset Management LLC purchased a new stake in Union Pacific during the fourth quarter valued at about $29,000. Dunhill Financial LLC lifted its stake in Union Pacific by 111.5% during the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 68 shares during the last quarter. PrairieView Partners LLC bought a new position in shares of Union Pacific during the 4th quarter valued at about $34,000. Finally, Kentucky Trust Co purchased a new position in shares of Union Pacific during the 4th quarter valued at about $40,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.
Union Pacific Price Performance
Shares of NYSE UNP opened at $235.90 on Wednesday. The company has a 50 day moving average of $242.98 and a 200 day moving average of $239.73. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.07. The firm has a market cap of $142.55 billion, a P/E ratio of 21.27, a PEG ratio of 2.15 and a beta of 1.05.
Union Pacific Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be given a dividend of $1.34 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a yield of 2.27%. Union Pacific’s dividend payout ratio (DPR) is 48.33%.
Insider Buying and Selling
In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of the business’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 completion of the sale, the executive vice president now directly owns 26,319 shares in the company, valued at $6,632,388. The trade was a 19.79 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of the stock in a transaction that occurred on Friday, January 24th. The stock was sold at an average price of $250.00, for a total transaction 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. 0.28% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes
UNP has been the topic of a number of recent research reports. Wells Fargo & Company reduced their price target on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft began coverage on shares of Union Pacific in a research note on Friday, March 7th. They issued a “buy” rating and a $295.00 price target for the company. TD Cowen lifted 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. Benchmark raised their price target on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Finally, Raymond James reiterated a “strong-buy” rating and issued a $285.00 price objective (up previously from $265.00) on shares of Union Pacific 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, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $263.00.
Check Out Our Latest Stock Analysis 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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