Coldstream Capital Management Inc. raised its position in Union Pacific Co. (NYSE:UNP – Free Report) by 5.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,583 shares of the railroad operator’s stock after purchasing an additional 812 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Union Pacific were worth $3,554,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also modified their holdings of the company. Compass Financial Services Inc purchased a new stake in Union Pacific during the fourth quarter worth approximately $25,000. Synergy Asset Management LLC acquired a new position in shares of Union Pacific during the 4th quarter valued at $29,000. EnRich Financial Partners LLC purchased a new stake in Union Pacific during the 4th quarter worth $31,000. PrairieView Partners LLC acquired a new stake in Union Pacific in the 4th quarter valued at $34,000. Finally, Strategic Investment Solutions Inc. IL raised its position in Union Pacific by 38.8% in the fourth quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator’s stock valued at $39,000 after purchasing an additional 45 shares during the period. 80.38% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In other news, EVP Craig V. Richardson sold 6,495 shares of the company’s stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $252.00, for a total transaction of $1,636,740.00. Following the completion of the transaction, the executive vice president now owns 26,319 shares in the company, valued at approximately $6,632,388. This represents a 19.79 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.28% of the company’s stock.
Union Pacific Stock Performance
Union Pacific (NYSE:UNP – Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing the consensus estimate of $2.79 by ($0.09). The business had revenue of $6.03 billion during the quarter, compared to analyst estimates of $6.11 billion. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. Research analysts expect that Union Pacific Co. will post 11.99 earnings per share for the current year.
Union Pacific Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, February 28th were given a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.51%. The ex-dividend date was Friday, February 28th. Union Pacific’s payout ratio is 48.29%.
Wall Street Analyst Weigh In
UNP has been the subject of several analyst reports. Robert W. Baird upped their target price on Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Deutsche Bank Aktiengesellschaft started coverage on Union Pacific in a report on Friday, March 7th. They issued a “buy” rating and a $295.00 price target for the company. Redburn Atlantic upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating and set a $259.00 price objective on the stock in a research note on Wednesday, April 16th. Wells Fargo & Company decreased their target price on shares of Union Pacific from $265.00 to $260.00 and set an “overweight” rating for the company in a research note on Thursday, March 27th. Finally, Loop Capital lowered shares of Union Pacific from a “hold” rating to a “sell” rating and lowered their price target for the company from $265.00 to $200.00 in a report on Monday, February 3rd. One research analyst has rated the stock with a sell rating, six have issued a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Union Pacific has an average rating of “Moderate Buy” and a consensus target price of $258.00.
Check Out Our Latest Stock Analysis on Union Pacific
About Union Pacific
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.
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