Union Pacific Co. (NYSE:UNP) Shares Sold by Stokes Family Office LLC

Stokes Family Office LLC lessened its holdings in shares of Union Pacific Co. (NYSE:UNP) by 48.5% during the fourth quarter, HoldingsChannel reports. The fund owned 5,929 shares of the railroad operator’s stock after selling 5,591 shares during the period. Stokes Family Office LLC’s holdings in Union Pacific were worth $1,456,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Silver Oak Advisory Group Inc. acquired a new stake in Union Pacific in the fourth quarter valued at $219,000. Personal CFO Solutions LLC boosted its stake in shares of Union Pacific by 39.3% during the third quarter. Personal CFO Solutions LLC now owns 1,407 shares of the railroad operator’s stock valued at $287,000 after acquiring an additional 397 shares during the last quarter. Silver Oak Securities Incorporated acquired a new stake in shares of Union Pacific during the fourth quarter valued at $238,000. Nordea Investment Management AB boosted its stake in shares of Union Pacific by 46.9% during the fourth quarter. Nordea Investment Management AB now owns 87,905 shares of the railroad operator’s stock valued at $21,596,000 after acquiring an additional 28,052 shares during the last quarter. Finally, Procyon Advisors LLC boosted its stake in shares of Union Pacific by 48.3% during the fourth quarter. Procyon Advisors LLC now owns 18,512 shares of the railroad operator’s stock valued at $4,547,000 after acquiring an additional 6,031 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Insider Activity at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,750 shares of the firm’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $250.00, for a total transaction of $937,500.00. Following the completion of the sale, the president now owns 56,682 shares in the company, valued at approximately $14,170,500. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 0.28% of the company’s stock.

Union Pacific Stock Up 1.1 %

Shares of NYSE:UNP traded up $2.55 during mid-day trading on Friday, hitting $240.24. 2,174,713 shares of the company traded hands, compared to its average volume of 2,310,900. The firm has a market cap of $146.58 billion, a P/E ratio of 22.92, a PEG ratio of 2.49 and a beta of 1.06. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.76 and a current ratio of 0.93. Union Pacific Co. has a 52-week low of $190.71 and a 52-week high of $258.66. The firm’s 50 day simple moving average is $243.29 and its 200 day simple moving average is $235.78.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, April 25th. The railroad operator reported $2.69 EPS for the quarter, beating the consensus estimate of $2.50 by $0.19. The business had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $5.97 billion. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The company’s revenue was down .4% on a year-over-year basis. During the same period last year, the business posted $2.67 EPS. On average, equities analysts anticipate that Union Pacific Co. will post 11.21 EPS for the current year.

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Thursday, February 29th were issued a dividend of $1.30 per share. The ex-dividend date was Wednesday, February 28th. This represents a $5.20 annualized dividend and a dividend yield of 2.16%. Union Pacific’s payout ratio is currently 49.62%.

Analyst Upgrades and Downgrades

UNP has been the topic of a number of analyst reports. Sanford C. Bernstein raised Union Pacific from a “market perform” rating to an “outperform” rating and set a $280.00 price objective on the stock in a research note on Monday, January 22nd. TD Cowen increased their target price on Union Pacific from $252.00 to $258.00 and gave the stock a “buy” rating in a research report on Friday, April 26th. The Goldman Sachs Group increased their target price on Union Pacific from $248.00 to $274.00 and gave the stock a “buy” rating in a research report on Thursday, April 11th. StockNews.com upgraded Union Pacific from a “hold” rating to a “buy” rating in a research report on Friday, April 26th. Finally, Stifel Nicolaus upgraded Union Pacific from a “hold” rating to a “buy” rating and increased their target price for the stock from $248.00 to $267.00 in a research report on Friday. Six research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and an average price target of $259.61.

Union Pacific Company 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.