Howland Capital Management LLC increased its stake in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 3.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 116,426 shares of the railroad operator’s stock after buying an additional 3,382 shares during the quarter. Union Pacific comprises approximately 1.2% of Howland Capital Management LLC’s investment portfolio, making the stock its 27th biggest holding. Howland Capital Management LLC’s holdings in Union Pacific were worth $26,550,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in UNP. Synergy Asset Management LLC purchased a new stake in shares of Union Pacific during the fourth quarter valued at $29,000. Catalyst Capital Advisors LLC acquired a new stake in Union Pacific during the 3rd quarter worth about $30,000. Jamison Private Wealth Management Inc. grew its position in Union Pacific by 265.7% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 93 shares during the period. Peterson Financial Group Inc. acquired a new stake in Union Pacific during the 3rd quarter worth about $32,000. Finally, Dunhill Financial LLC grew its position in Union Pacific by 111.5% during the 3rd 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 period. 80.38% of the stock is owned by hedge funds and other institutional investors.
Insider Activity
In other news, President Elizabeth F. Whited sold 7,500 shares of Union Pacific 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 sale, the president now owns 64,960 shares of the company’s stock, valued at approximately $16,240,000. The trade was a 10.35 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Craig V. Richardson sold 6,495 shares of Union Pacific 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 sale, 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 position. The disclosure for this sale can be found here. Corporate insiders own 0.28% of the company’s stock.
Union Pacific Trading Down 0.6 %
Union Pacific (NYSE:UNP – Get Free Report) last released 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 last year, the business posted $2.71 EPS. Analysts expect that Union Pacific Co. will post 12.01 EPS for the current fiscal year.
Union Pacific Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be given a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a dividend yield of 2.21%. The ex-dividend date is Friday, February 28th. Union Pacific’s payout ratio is presently 48.33%.
Analyst Upgrades and Downgrades
UNP has been the topic of several analyst reports. Wells Fargo & Company cut 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. Loop Capital downgraded Union Pacific from a “hold” rating to a “sell” rating and cut their price target for the stock from $265.00 to $200.00 in a research report on Monday, February 3rd. Benchmark increased 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. Stifel Nicolaus raised their target price on Union Pacific from $253.00 to $270.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Finally, Raymond James restated a “strong-buy” rating and set a $285.00 target price (up from $265.00) on shares of Union Pacific in a research report on Friday, January 24th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Union Pacific has a consensus rating of “Moderate Buy” and a consensus target price of $261.40.
Get Our Latest Stock Report on Union Pacific
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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