Ballentine Partners LLC Has $3.56 Million Stock Position in Union Pacific Co. (NYSE:UNP)

Ballentine Partners LLC grew its stake in shares of Union Pacific Co. (NYSE:UNPFree Report) by 24.7% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,492 shares of the railroad operator’s stock after purchasing an additional 2,873 shares during the quarter. Ballentine Partners LLC’s holdings in Union Pacific were worth $3,560,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. MAS Advisors LLC acquired a new position in shares of Union Pacific during the 1st quarter worth approximately $233,000. Roundview Capital LLC increased its holdings in shares of Union Pacific by 3.8% during the 1st quarter. Roundview Capital LLC now owns 16,608 shares of the railroad operator’s stock worth $4,537,000 after acquiring an additional 614 shares during the last quarter. Dakota Wealth Management acquired a new position in shares of Union Pacific during the 1st quarter worth approximately $569,000. Candriam Luxembourg S.C.A. increased its holdings in shares of Union Pacific by 3.7% during the 1st quarter. Candriam Luxembourg S.C.A. now owns 47,144 shares of the railroad operator’s stock worth $12,880,000 after acquiring an additional 1,664 shares during the last quarter. Finally, Mather Group LLC. increased its holdings in shares of Union Pacific by 10.1% during the 1st quarter. Mather Group LLC. now owns 1,745 shares of the railroad operator’s stock worth $477,000 after acquiring an additional 160 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Insiders Place Their Bets

In other Union Pacific news, President Elizabeth F. Whited sold 3,750 shares of the company’s stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $250.00, for a total value of $937,500.00. Following the completion of the transaction, the president now owns 56,682 shares of the company’s stock, valued at approximately $14,170,500. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 0.30% of the company’s stock.

Union Pacific Price Performance

Shares of UNP stock traded down $0.98 on Wednesday, hitting $241.55. 2,014,429 shares of the company’s stock were exchanged, compared to its average volume of 2,357,224. The company has a debt-to-equity ratio of 2.11, a current ratio of 0.81 and a quick ratio of 0.67. Union Pacific Co. has a 12 month low of $190.37 and a 12 month high of $258.66. The stock has a market cap of $147.37 billion, a P/E ratio of 23.19, a price-to-earnings-growth ratio of 2.64 and a beta of 1.07. The company has a 50 day moving average of $247.93 and a 200 day moving average of $231.50.

Union Pacific (NYSE:UNPGet Free Report) last announced its quarterly earnings data on Thursday, January 25th. The railroad operator reported $2.71 earnings per share for the quarter, topping the consensus estimate of $2.56 by $0.15. Union Pacific had a return on equity of 46.87% and a net margin of 26.45%. The business had revenue of $6.16 billion during the quarter, compared to the consensus estimate of $6.05 billion. During the same period in the prior year, the company earned $2.67 EPS. Union Pacific’s revenue for the quarter was down .3% on a year-over-year basis. On average, equities research analysts predict that Union Pacific Co. will post 10.94 EPS for the current year.

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Thursday, February 29th were issued a $1.30 dividend. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $5.20 dividend on an annualized basis and a yield of 2.15%. Union Pacific’s payout ratio is presently 49.71%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. BMO Capital Markets boosted their price target on Union Pacific from $270.00 to $275.00 and gave the company an “outperform” rating in a research note on Friday, January 26th. JPMorgan Chase & Co. reduced their price target on Union Pacific from $239.00 to $237.00 and set a “neutral” rating for the company in a research note on Friday, January 26th. Raymond James boosted their price target on Union Pacific from $240.00 to $275.00 and gave the company a “strong-buy” rating in a research note on Tuesday, January 16th. Royal Bank of Canada reduced their price target on Union Pacific from $282.00 to $272.00 and set an “outperform” rating for the company in a research note on Friday, January 26th. Finally, Benchmark restated a “buy” rating and issued a $260.00 price target on shares of Union Pacific in a research note on Friday, January 26th. Seven analysts have rated the stock with 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.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $251.33.

Read Our Latest Report on UNP

Union Pacific Profile

(Free Report)

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.

See Also

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

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