DAVENPORT & Co LLC Acquires 1,281 Shares of Union Pacific Co. (NYSE:UNP)

DAVENPORT & Co LLC raised its holdings in shares of Union Pacific Co. (NYSE:UNPFree Report) by 0.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 312,296 shares of the railroad operator’s stock after acquiring an additional 1,281 shares during the period. DAVENPORT & Co LLC owned about 0.05% of Union Pacific worth $76,674,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of UNP. BluePath Capital Management LLC bought a new position in Union Pacific during the third quarter valued at approximately $25,000. Valued Wealth Advisors LLC bought a new position in Union Pacific during the fourth quarter valued at approximately $28,000. Coppell Advisory Solutions Corp. bought a new position in Union Pacific during the fourth quarter valued at approximately $32,000. Tyler Stone Wealth Management bought a new position in shares of Union Pacific in the second quarter worth approximately $33,000. Finally, IMA Wealth Inc. bought a new position in shares of Union Pacific in the second quarter worth approximately $37,000. 80.38% of the stock is currently owned by institutional investors.

Insider Transactions at Union Pacific

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

Union Pacific Price Performance

Shares of UNP stock traded down $0.69 on Tuesday, hitting $242.61. 2,019,446 shares of the stock traded hands, compared to its average volume of 2,361,007. The company has a debt-to-equity ratio of 2.11, a current ratio of 0.81 and a quick ratio of 0.67. The firm has a market cap of $148.02 billion, a price-to-earnings ratio of 23.26, a PEG ratio of 2.67 and a beta of 1.07. The firm has a 50 day simple moving average of $247.95 and a two-hundred day simple moving average of $231.29. Union Pacific Co. has a 52 week low of $190.37 and a 52 week high of $258.66.

Union Pacific (NYSE:UNPGet Free Report) last announced its quarterly earnings results on Thursday, January 25th. The railroad operator reported $2.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.56 by $0.15. The company had revenue of $6.16 billion for the quarter, compared to the consensus estimate of $6.05 billion. Union Pacific had a net margin of 26.45% and a return on equity of 46.87%. Union Pacific’s revenue for the quarter was down .3% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.67 EPS. As a group, equities research analysts predict that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The business also recently declared 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 2.14%. Union Pacific’s dividend payout ratio is currently 49.71%.

Analysts Set New Price Targets

UNP has been the topic of several recent analyst reports. UBS Group raised their target price on shares of Union Pacific from $235.00 to $248.00 and gave the stock a “neutral” rating in a report on Friday, January 26th. JPMorgan Chase & Co. cut their target price on shares of Union Pacific from $239.00 to $237.00 and set a “neutral” rating on the stock in a report on Friday, January 26th. Royal Bank of Canada cut their target price on shares of Union Pacific from $282.00 to $272.00 and set an “outperform” rating on the stock in a report on Friday, January 26th. BMO Capital Markets raised their price target on Union Pacific from $270.00 to $275.00 and gave the stock an “outperform” rating in a research note on Friday, January 26th. Finally, Sanford C. Bernstein upgraded shares of Union Pacific from a “market perform” rating to an “outperform” rating and set a $280.00 target price on the stock in a report on Monday, January 22nd. Seven investment 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, the company currently has an average rating of “Moderate Buy” and an average target price of $251.33.

Read Our Latest Report on UNP

Union Pacific Company 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.

Further Reading

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

Receive News & Ratings for Union Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific and related companies with MarketBeat.com's FREE daily email newsletter.