Union Pacific Co. (NYSE:UNP) Shares Sold by GLOBALT Investments LLC GA

GLOBALT Investments LLC GA reduced its holdings in Union Pacific Co. (NYSE:UNP) by 2.3% during the 4th quarter, Holdings Channel reports. The firm owned 30,104 shares of the railroad operator’s stock after selling 713 shares during the quarter. GLOBALT Investments LLC GA’s holdings in Union Pacific were worth $6,865,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Compass Financial Services Inc acquired a new stake in Union Pacific in the fourth quarter valued at approximately $25,000. Synergy Asset Management LLC acquired a new stake in Union Pacific in the fourth quarter valued at approximately $29,000. Dunhill Financial LLC grew its holdings in Union Pacific by 111.5% in the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after purchasing an additional 68 shares during the period. Peterson Financial Group Inc. acquired a new stake in Union Pacific in the third quarter valued at approximately $32,000. Finally, PrairieView Partners LLC acquired a new stake in Union Pacific in the fourth quarter valued at approximately $34,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, President Elizabeth F. Whited sold 7,500 shares of Union Pacific stock in a transaction 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 of the company’s stock, valued at approximately $16,240,000. The trade was a 10.35 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through 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 completion of the sale, the executive vice president now directly owns 26,319 shares of the company’s stock, valued at $6,632,388. The trade was a 19.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.28% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on UNP. Guggenheim raised their target price on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, January 24th. TD Cowen raised their target price on Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Wells Fargo & Company decreased their target price 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. Benchmark raised their target price on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Finally, 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. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $263.00.

Union Pacific Price Performance

UNP stock opened at $237.71 on Monday. The business has a fifty day moving average of $242.05 and a two-hundred day moving average of $240.62. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. The stock has a market cap of $143.65 billion, a price-to-earnings ratio of 21.43, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05. Union Pacific Co. has a 52-week low of $218.55 and a 52-week high of $258.07.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, topping 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 quarter in the previous year, the business earned $2.71 earnings per share. As a group, research analysts anticipate that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be paid a $1.34 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.25%. Union Pacific’s payout ratio is presently 48.33%.

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.