Janus Henderson Group PLC cut its holdings in Union Pacific Co. (NYSE:UNP) by 19.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,051,445 shares of the railroad operator’s stock after selling 259,813 shares during the period. Janus Henderson Group PLC owned about 0.15% of Union Pacific worth $190,061,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Fishman Jay A Ltd. MI grew its holdings in Union Pacific by 2.8% in the 4th quarter. Fishman Jay A Ltd. MI now owns 2,055 shares of the railroad operator’s stock valued at $372,000 after buying an additional 55 shares in the last quarter. Trust Co. of Oklahoma grew its position in shares of Union Pacific by 0.5% during the 4th quarter. Trust Co. of Oklahoma now owns 11,625 shares of the railroad operator’s stock worth $2,102,000 after purchasing an additional 60 shares in the last quarter. Hunter Associates Investment Management LLC grew its position in shares of Union Pacific by 3.7% during the 4th quarter. Hunter Associates Investment Management LLC now owns 1,685 shares of the railroad operator’s stock worth $305,000 after purchasing an additional 60 shares in the last quarter. PFG Advisors increased its holdings in shares of Union Pacific by 0.5% during the fourth quarter. PFG Advisors now owns 11,892 shares of the railroad operator’s stock worth $2,141,000 after purchasing an additional 61 shares during the period. Finally, Hodges Capital Management Inc. increased its holdings in shares of Union Pacific by 0.6% during the fourth quarter. Hodges Capital Management Inc. now owns 11,731 shares of the railroad operator’s stock worth $2,121,000 after purchasing an additional 67 shares during the period. Institutional investors own 79.98% of the company’s stock.
In related news, CFO Jennifer L. Hamann sold 1,000 shares of the company’s stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $183.00, for a total transaction of $183,000.00. Following the completion of the sale, the chief financial officer now directly owns 62,331 shares in the company, valued at approximately $11,406,573. The sale was disclosed in a filing with the SEC, which is available through this link. Also, COO Vincenzo J. Vena acquired 3,206 shares of the company’s stock in a transaction that occurred on Friday, February 28th. The shares were acquired at an average price of $155.92 per share, with a total value of $499,879.52. Following the completion of the transaction, the chief operating officer now owns 19,966 shares in the company, valued at $3,113,098.72. The disclosure for this purchase can be found here. 9.96% of the stock is owned by corporate insiders.
Several equities research analysts recently issued reports on UNP shares. TD Securities boosted their price target on Union Pacific from $185.00 to $190.00 and gave the company a “hold” rating in a research note on Friday, January 24th. BMO Capital Markets raised their price objective on Union Pacific from $188.00 to $200.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. Bank of America raised Union Pacific from a “neutral” rating to a “buy” rating in a report on Tuesday, January 14th. Zacks Investment Research downgraded Union Pacific from a “hold” rating to a “sell” rating and set a $192.00 target price for the company. in a research report on Monday, December 30th. Finally, Benchmark assumed coverage on Union Pacific in a report on Friday, January 24th. They set a “buy” rating and a $206.00 target price on the stock. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $187.24.
Shares of UNP stock opened at $132.91 on Thursday. The company has a quick ratio of 0.62, a current ratio of 0.79 and a debt-to-equity ratio of 1.32. Union Pacific Co. has a twelve month low of $105.08 and a twelve month high of $188.96. The company has a market cap of $88.95 billion, a P/E ratio of 15.84, a P/E/G ratio of 1.44 and a beta of 1.12. The business has a fifty day simple moving average of $160.08 and a 200 day simple moving average of $169.71.
Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.02 earnings per share for the quarter, missing the consensus estimate of $2.03 by ($0.01). Union Pacific had a return on equity of 32.86% and a net margin of 27.27%. The business had revenue of $5.21 billion for the quarter, compared to the consensus estimate of $5.24 billion. During the same quarter in the prior year, the company earned $2.12 earnings per share. Union Pacific’s quarterly revenue was down 9.5% compared to the same quarter last year. As a group, equities research analysts anticipate that Union Pacific Co. will post 8.98 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, February 28th will be given a dividend of $0.97 per share. The ex-dividend date is Thursday, February 27th. This represents a $3.88 annualized dividend and a dividend yield of 2.92%. Union Pacific’s dividend payout ratio is currently 46.30%.
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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