Union Pacific Co. (NYSE:UNP) Stake Lowered by RE Dickinson Investment Advisors LLC

RE Dickinson Investment Advisors LLC cut its holdings in Union Pacific Co. (NYSE:UNP) by 0.8% in the fourth quarter, Holdings Channel reports. The fund owned 30,382 shares of the railroad operator’s stock after selling 250 shares during the quarter. Union Pacific accounts for approximately 3.9% of RE Dickinson Investment Advisors LLC’s portfolio, making the stock its 10th largest position. RE Dickinson Investment Advisors LLC’s holdings in Union Pacific were worth $6,928,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. World Investment Advisors LLC boosted its stake in shares of Union Pacific by 103.1% during the third 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 in the last quarter. abrdn plc lifted its holdings in Union Pacific by 9.3% during 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 period. Wealth Enhancement Advisory Services LLC boosted its position in 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 valued at $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% in 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 period. Finally, Pensionfund Sabic raised its position 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 worth $2,394,000 after acquiring an additional 4,000 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Down 0.4 %

Shares of NYSE:UNP opened at $218.43 on Friday. The business has a 50 day moving average of $237.48 and a two-hundred day moving average of $237.28. The company has a market capitalization of $130.91 billion, a PE ratio of 19.70, a PEG ratio of 2.15 and a beta of 1.06. Union Pacific Co. has a 12-month low of $204.66 and a 12-month high of $258.07. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, beating the consensus estimate 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 firm posted $2.71 earnings per share. As a group, analysts forecast that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, February 28th were given a dividend of $1.34 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.45%. Union Pacific’s dividend payout ratio (DPR) is 48.33%.

Wall Street Analyst Weigh In

UNP has been the topic of several analyst reports. BMO Capital Markets lifted their target price on Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Raymond James reduced their price objective on shares of Union Pacific from $285.00 to $260.00 and set a “strong-buy” rating for the company in a research note on Friday. Wells Fargo & Company lowered their target price on shares of Union Pacific from $265.00 to $260.00 and set an “overweight” rating for the company in a research note on Thursday, March 27th. Loop Capital lowered Union Pacific from a “hold” rating to a “sell” rating and decreased their price objective for the company from $265.00 to $200.00 in a report on Monday, February 3rd. Finally, UBS Group dropped their target price on Union Pacific from $255.00 to $245.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 2nd. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $258.48.

Insider Activity at Union Pacific

In related news, EVP Craig V. Richardson sold 6,495 shares of the business’s stock in a transaction dated 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 transaction, the executive vice president now directly owns 26,319 shares in the company, valued at approximately $6,632,388. The trade was a 19.79 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, President Elizabeth F. Whited sold 7,500 shares of the firm’s 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 directly owns 64,960 shares in the company, valued at $16,240,000. This trade represents a 10.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.28% of the stock is owned by corporate insiders.

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.