Inceptionr LLC increased its holdings in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 185.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,440 shares of the railroad operator’s stock after purchasing an additional 6,781 shares during the period. Union Pacific accounts for about 0.5% of Inceptionr LLC’s holdings, making the stock its 10th biggest holding. Inceptionr LLC’s holdings in Union Pacific were worth $2,381,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also recently added to or reduced their stakes in UNP. Compass Financial Services Inc purchased a new stake in Union Pacific during the 4th quarter worth $25,000. Synergy Asset Management LLC purchased a new position in Union Pacific in the 4th quarter valued at about $29,000. Catalyst Capital Advisors LLC purchased a new position in Union Pacific in the 3rd quarter valued at about $30,000. Peterson Financial Group Inc. purchased a new position in Union Pacific in the 3rd quarter valued at about $32,000. Finally, Dunhill Financial LLC boosted its position in Union Pacific by 111.5% in the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after buying an additional 68 shares during the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.
Union Pacific Price Performance
NYSE UNP opened at $243.61 on Thursday. Union Pacific Co. has a 52 week low of $218.55 and a 52 week 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. The stock has a market cap of $147.21 billion, a price-to-earnings ratio of 21.97, a price-to-earnings-growth ratio of 2.15 and a beta of 1.06. The company has a 50-day moving average price of $240.34 and a two-hundred day moving average price of $240.97.
Union Pacific Announces Dividend
The company 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 $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.20%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific’s dividend payout ratio (DPR) is 48.33%.
Insiders Place Their Bets
In other Union Pacific news, President Elizabeth F. Whited sold 7,500 shares of the company’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 value of $1,875,000.00. Following the completion of the sale, the president now directly owns 64,960 shares in the company, valued at $16,240,000. This represents a 10.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Craig V. Richardson sold 6,495 shares of Union Pacific stock in a transaction on Monday, January 27th. The shares were sold at an average price of $252.00, for a total value of $1,636,740.00. Following the transaction, the executive vice president now owns 26,319 shares in the company, valued at approximately $6,632,388. This trade represents a 19.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.28% of the stock is owned by insiders.
Analyst Ratings Changes
A number of research firms have weighed in on UNP. TD Cowen upped their price objective on shares of Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Citigroup upped their price objective on shares of Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research report on Friday, January 24th. Guggenheim upped their price objective on shares of Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Wells Fargo & Company decreased their price objective on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a research report on Tuesday, January 7th. Finally, Stifel Nicolaus upped their price objective on shares of Union Pacific from $253.00 to $270.00 and gave the company a “buy” rating in a research report on Friday, January 24th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $261.40.
Get Our Latest Report on Union Pacific
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.
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