Stanley Laman Group Ltd. Sells 131 Shares of Union Pacific Co. (NYSE:UNP)

Stanley Laman Group Ltd. cut its stake in Union Pacific Co. (NYSE:UNP) by 0.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,054 shares of the railroad operator’s stock after selling 131 shares during the quarter. Stanley Laman Group Ltd.’s holdings in Union Pacific were worth $3,698,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the stock. Valued Wealth Advisors LLC bought a new stake in Union Pacific during the 4th quarter valued at approximately $28,000. BluePath Capital Management LLC purchased a new position in shares of Union Pacific in the 3rd quarter valued at approximately $25,000. Fortitude Family Office LLC purchased a new stake in Union Pacific in the fourth quarter worth $44,000. Hexagon Capital Partners LLC raised its holdings in Union Pacific by 48.6% in the third quarter. Hexagon Capital Partners LLC now owns 309 shares of the railroad operator’s stock worth $63,000 after purchasing an additional 101 shares in the last quarter. Finally, Legacy Financial Group LLC purchased a new position in Union Pacific during the third quarter valued at $83,000. Institutional investors own 80.38% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on UNP shares. Sanford C. Bernstein raised 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 research report on Monday, January 22nd. JPMorgan Chase & Co. boosted their price target on Union Pacific from $237.00 to $243.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 9th. Royal Bank of Canada reduced their price objective on Union Pacific from $282.00 to $272.00 and set an “outperform” rating for the company in a research report on Friday, January 26th. TD Cowen increased their target price on Union Pacific from $228.00 to $251.00 and gave the stock an “outperform” rating in a research note on Friday, January 26th. Finally, The Goldman Sachs Group lifted their price target on Union Pacific from $248.00 to $274.00 and gave the stock a “buy” rating in a research report on Thursday, April 11th. Seven investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $255.00.

Insider Transactions at Union Pacific

In other news, President Elizabeth F. Whited sold 3,750 shares of the company’s stock in a transaction on 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 in the company, valued at approximately $14,170,500. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.28% of the company’s stock.

Union Pacific Stock Performance

Shares of UNP traded up $11.54 during trading hours on Thursday, hitting $243.52. The stock had a trading volume of 3,897,475 shares, compared to its average volume of 2,334,341. The firm has a market capitalization of $148.57 billion, a PE ratio of 23.28, a PEG ratio of 2.55 and a beta of 1.07. The company has a debt-to-equity ratio of 2.11, a current ratio of 0.81 and a quick ratio of 0.67. Union Pacific Co. has a 12 month low of $190.37 and a 12 month high of $258.66. The stock has a fifty day moving average price of $244.34 and a 200 day moving average price of $234.68.

Union Pacific (NYSE:UNP) last released 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 business had revenue of $6.16 billion during the quarter, compared to the consensus estimate of $6.05 billion. Union Pacific had a return on equity of 46.87% and a net margin of 26.45%. The business’s quarterly revenue was down .3% compared to the same quarter last year. During the same period in the previous year, the company posted $2.67 EPS. Analysts anticipate that Union Pacific Co. will post 11.01 EPS for the current year.

Union Pacific Dividend Announcement

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