Stewart & Patten Co. LLC Has $3.93 Million Stock Position in Union Pacific Co. (NYSE:UNP)

Stewart & Patten Co. LLC reduced its position in Union Pacific Co. (NYSE:UNPFree Report) by 2.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 15,996 shares of the railroad operator’s stock after selling 321 shares during the period. Stewart & Patten Co. LLC’s holdings in Union Pacific were worth $3,929,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. MAS Advisors LLC acquired a new stake in Union Pacific during the first quarter worth approximately $233,000. Roundview Capital LLC lifted its position in Union Pacific by 3.8% during the first 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 stake in Union Pacific during the first quarter worth approximately $569,000. Candriam Luxembourg S.C.A. lifted its position in Union Pacific by 3.7% during the first 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. lifted its position in Union Pacific by 10.1% during the first 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. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Up 0.5 %

UNP opened at $245.93 on Friday. The company has a quick ratio of 0.67, a current ratio of 0.81 and a debt-to-equity ratio of 2.11. The stock has a market cap of $150.04 billion, a price-to-earnings ratio of 23.51, a PEG ratio of 2.67 and a beta of 1.07. Union Pacific Co. has a twelve month low of $190.37 and a twelve month high of $258.66. The company’s 50-day moving average price is $247.81 and its two-hundred day moving average price is $230.61.

Union Pacific (NYSE:UNPGet Free Report) last announced its quarterly earnings results on Thursday, January 25th. The railroad operator reported $2.71 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 analysts’ expectations 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 was down .3% compared to the same quarter last year. During the same period in the prior year, the company posted $2.67 EPS. As a group, equities analysts expect that Union Pacific Co. will post 10.94 earnings per share for the current year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Thursday, February 29th were paid a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.11%. The ex-dividend date of this dividend was Wednesday, February 28th. Union Pacific’s payout ratio is currently 49.71%.

Wall Street Analysts Forecast Growth

UNP has been the topic of several recent research reports. Susquehanna raised their target price on shares of Union Pacific from $245.00 to $255.00 and gave the stock a “neutral” rating in a report on Thursday. Royal Bank of Canada cut their price target 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. JPMorgan Chase & Co. dropped 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. Raymond James boosted their target price on shares of Union Pacific from $240.00 to $275.00 and gave the company a “strong-buy” rating in a report on Tuesday, January 16th. Finally, TD Cowen lifted their price target on shares of Union Pacific from $228.00 to $251.00 and gave the company an “outperform” rating in a research note on Friday, January 26th. Seven investment analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $251.33.

Get Our Latest Research Report on Union Pacific

Insider Activity at Union Pacific

In related news, President Elizabeth F. Whited sold 3,750 shares of the company’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $250.00, for a total transaction 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.28% of the stock is currently owned by corporate insiders.

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.

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

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