Abbrea Capital LLC Buys 244 Shares of Union Pacific Co. (NYSE:UNP)

Abbrea Capital LLC increased its stake in shares of Union Pacific Co. (NYSE:UNP) by 3.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 8,462 shares of the railroad operator’s stock after acquiring an additional 244 shares during the period. Abbrea Capital LLC’s holdings in Union Pacific were worth $2,078,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Personal CFO Solutions LLC raised its stake in Union Pacific by 39.3% in the third quarter. Personal CFO Solutions LLC now owns 1,407 shares of the railroad operator’s stock valued at $287,000 after buying an additional 397 shares during the period. Nordea Investment Management AB increased 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 worth $21,596,000 after purchasing an additional 28,052 shares during the period. Procyon Advisors LLC increased 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 worth $4,547,000 after purchasing an additional 6,031 shares during the period. Advisor Resource Council bought a new position in shares of Union Pacific during the fourth quarter worth approximately $606,000. Finally, Factory Mutual Insurance Co. increased its stake in shares of Union Pacific by 11.9% during the fourth quarter. Factory Mutual Insurance Co. now owns 184,700 shares of the railroad operator’s stock worth $45,366,000 after purchasing an additional 19,600 shares during the period. Institutional investors own 80.38% of the company’s stock.

Insider Transactions at Union Pacific

In related news, President Elizabeth F. Whited sold 3,750 shares of the business’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 sale, the president now directly owns 56,682 shares of the company’s stock, valued at approximately $14,170,500. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.28% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on UNP shares. BMO Capital Markets increased their target price on Union Pacific from $270.00 to $275.00 and gave the stock an “outperform” rating in a research note on Friday, January 26th. UBS Group increased their price target on Union Pacific from $235.00 to $248.00 and gave the stock a “neutral” rating in a research report on Friday, January 26th. StockNews.com downgraded Union Pacific from a “buy” rating to a “hold” rating in a research report on Monday, March 18th. Raymond James reissued a “strong-buy” rating and set a $280.00 price target (up previously from $275.00) on shares of Union Pacific in a research report on Friday. Finally, Stifel Nicolaus raised their target price on Union Pacific from $231.00 to $248.00 and gave the company a “hold” rating in a report on Friday, April 12th. Eight equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $258.78.

Union Pacific Trading Down 0.3 %

NYSE:UNP traded down $0.76 during trading hours on Friday, hitting $242.79. 2,226,798 shares of the company were exchanged, compared to its average volume of 2,333,015. The stock has a market capitalization of $148.13 billion, a price-to-earnings ratio of 23.26, a price-to-earnings-growth ratio of 2.51 and a beta of 1.07. The company has a current ratio of 0.81, a quick ratio of 0.67 and a debt-to-equity ratio of 2.11. Union Pacific Co. has a one year low of $190.45 and a one year high of $258.66. The company has a fifty day simple moving average of $244.34 and a 200 day simple moving average of $234.68.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, topping the consensus estimate of $2.50 by $0.19. Union Pacific had a return on equity of 46.87% and a net margin of 26.45%. The firm had revenue of $6.03 billion during the quarter, compared to analyst estimates of $5.97 billion. During the same period last year, the company posted $2.67 EPS. The business’s quarterly revenue was down .4% on a year-over-year basis. Sell-side analysts expect that Union Pacific Co. will post 11.01 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, February 29th were given a $1.30 dividend. This represents a $5.20 annualized dividend and a dividend yield of 2.14%. The ex-dividend date was Wednesday, February 28th. Union Pacific’s dividend payout ratio (DPR) is presently 49.71%.

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.