Telos Capital Management Inc. Boosts Stake in Union Pacific Co. (NYSE:UNP)

Telos Capital Management Inc. increased its stake in shares of Union Pacific Co. (NYSE:UNP) by 2.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 8,491 shares of the railroad operator’s stock after buying an additional 217 shares during the period. Telos Capital Management Inc.’s holdings in Union Pacific were worth $1,936,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in UNP. Brookstone Capital Management boosted its position in Union Pacific by 1.0% in the 3rd quarter. Brookstone Capital Management now owns 19,239 shares of the railroad operator’s stock valued at $4,742,000 after buying an additional 196 shares during the period. Sovereign Financial Group Inc. purchased a new position in Union Pacific in the 3rd quarter valued at approximately $210,000. Marcum Wealth LLC boosted its position in Union Pacific by 4.4% in the 3rd quarter. Marcum Wealth LLC now owns 2,795 shares of the railroad operator’s stock valued at $689,000 after buying an additional 118 shares during the period. Wedmont Private Capital boosted its position in Union Pacific by 10.8% in the 3rd quarter. Wedmont Private Capital now owns 4,743 shares of the railroad operator’s stock valued at $1,123,000 after buying an additional 462 shares during the period. Finally, Sanibel Captiva Trust Company Inc. boosted its position in Union Pacific by 1.8% in the 3rd quarter. Sanibel Captiva Trust Company Inc. now owns 5,602 shares of the railroad operator’s stock valued at $1,381,000 after buying an additional 100 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Insiders Place Their Bets

In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of Union Pacific 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 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, 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 transaction, the president now directly owns 64,960 shares of the company’s stock, valued at approximately $16,240,000. This represents a 10.35 % decrease in their position. The disclosure for this sale can be found here. 0.26% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities analysts have commented on UNP shares. Robert W. Baird raised their price target on shares of Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Guggenheim raised their price objective on shares of Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a report on Friday, January 24th. Raymond James restated a “strong-buy” rating and issued a $285.00 price objective (up from $265.00) on shares of Union Pacific in a report on Friday, January 24th. JPMorgan Chase & Co. reduced their price objective on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Finally, Susquehanna reduced their price objective on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $261.40.

Union Pacific Stock Down 0.4 %

UNP stock opened at $243.61 on Friday. The company has a market cap of $147.69 billion, a P/E ratio of 21.97, a P/E/G ratio of 2.15 and a beta of 1.06. Union Pacific Co. has a 52 week low of $218.55 and a 52 week high of $258.66. The company’s 50-day moving average price is $235.23 and its 200 day moving average price is $240.15. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.76.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 EPS 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 quarter in the prior year, the company earned $2.71 EPS. On average, research analysts expect that Union Pacific Co. will post 12.03 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be given a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a yield of 2.20%. Union Pacific’s payout ratio is currently 48.33%.

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.