Union Pacific Co. (NYSE:UNP) Stock Holdings Lowered by Stewart & Patten Co. LLC

Stewart & Patten Co. LLC reduced its holdings in Union Pacific Co. (NYSE:UNP) by 4.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,612 shares of the railroad operator’s stock after selling 1,486 shares during the quarter. Union Pacific accounts for 1.0% of Stewart & Patten Co. LLC’s holdings, making the stock its 29th biggest position. Stewart & Patten Co. LLC’s holdings in Union Pacific were worth $5,896,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in UNP. Nuveen Asset Management LLC raised its holdings in shares of Union Pacific by 1,957.4% in the 2nd quarter. Nuveen Asset Management LLC now owns 8,164,209 shares of the railroad operator’s stock worth $1,380,648,000 after purchasing an additional 7,767,384 shares in the last quarter. Johanson Financial Advisors Inc. raised its holdings in shares of Union Pacific by 17,670.0% in the 4th quarter. Johanson Financial Advisors Inc. now owns 2,456,353 shares of the railroad operator’s stock worth $13,589,000 after purchasing an additional 2,442,530 shares in the last quarter. Fisher Asset Management LLC raised its holdings in shares of Union Pacific by 15,152.8% in the 3rd quarter. Fisher Asset Management LLC now owns 1,792,513 shares of the railroad operator’s stock worth $290,351,000 after purchasing an additional 1,780,761 shares in the last quarter. Massachusetts Financial Services Co. MA raised its holdings in shares of Union Pacific by 10.9% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 12,804,736 shares of the railroad operator’s stock worth $2,074,113,000 after purchasing an additional 1,253,490 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its holdings in shares of Union Pacific by 11,155.0% in the 3rd quarter. Assenagon Asset Management S.A. now owns 495,218 shares of the railroad operator’s stock worth $80,215,000 after purchasing an additional 490,818 shares in the last quarter. Institutional investors and hedge funds own 77.55% of the company’s stock.

In related news, EVP Elizabeth F. Whited sold 5,342 shares of the business’s stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $171.62, for a total transaction of $916,794.04. Following the transaction, the executive vice president now directly owns 63,021 shares of the company’s stock, valued at $10,815,664.02. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 9.96% of the company’s stock.

UNP has been the topic of a number of research reports. Credit Suisse Group boosted their target price on shares of Union Pacific from $182.00 to $185.00 and gave the stock an “outperform” rating in a report on Friday, October 18th. TD Securities dropped their target price on shares of Union Pacific from $175.00 to $170.00 and set a “hold” rating on the stock in a report on Friday, October 18th. Citigroup upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating in a report on Tuesday. Morgan Stanley boosted their target price on shares of Union Pacific from $136.00 to $139.00 and gave the stock an “underweight” rating in a report on Monday, January 6th. Finally, UBS Group dropped their target price on shares of Union Pacific from $193.00 to $184.00 and set a “buy” rating on the stock in a research report on Friday, October 18th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $180.68.

Shares of Union Pacific stock traded up $0.74 during trading on Friday, hitting $184.64. The stock had a trading volume of 1,468,056 shares, compared to its average volume of 2,954,473. The stock has a 50 day simple moving average of $177.81 and a 200 day simple moving average of $170.70. The company has a market capitalization of $127.66 billion, a PE ratio of 23.34, a P/E/G ratio of 1.91 and a beta of 1.08. The company has a quick ratio of 0.72, a current ratio of 0.89 and a debt-to-equity ratio of 1.35. Union Pacific Co. has a 1 year low of $149.09 and a 1 year high of $184.17.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, October 17th. The railroad operator reported $2.22 earnings per share for the quarter, missing the consensus estimate of $2.29 by ($0.07). Union Pacific had a return on equity of 32.65% and a net margin of 27.28%. The firm had revenue of $5.52 billion during the quarter, compared to analysts’ expectations of $5.65 billion. During the same period last year, the business earned $2.15 earnings per share. The business’s revenue was down 7.0% on a year-over-year basis. As a group, equities analysts expect that Union Pacific Co. will post 8.48 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Friday, November 29th were given a dividend of $0.97 per share. This represents a $3.88 dividend on an annualized basis and a yield of 2.10%. The ex-dividend date was Wednesday, November 27th. Union Pacific’s payout ratio is presently 49.05%.

Union Pacific Company Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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