Union Pacific Co. (NYSE:UNP) Holdings Increased by Clearstead Trust LLC

Clearstead Trust LLC grew its stake in shares of Union Pacific Co. (NYSE:UNP) by 26.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,465 shares of the railroad operator’s stock after buying an additional 309 shares during the quarter. Clearstead Trust LLC’s holdings in Union Pacific were worth $360,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Wellington Management Group LLP raised its holdings in shares of Union Pacific by 0.3% in the 3rd quarter. Wellington Management Group LLP now owns 7,261,449 shares of the railroad operator’s stock worth $1,478,649,000 after purchasing an additional 19,145 shares in the last quarter. Northern Trust Corp grew its position in Union Pacific by 4.4% during the third quarter. Northern Trust Corp now owns 6,803,796 shares of the railroad operator’s stock valued at $1,385,457,000 after purchasing an additional 285,988 shares in the last quarter. Fisher Asset Management LLC grew its position in Union Pacific by 2.2% during the fourth quarter. Fisher Asset Management LLC now owns 5,867,842 shares of the railroad operator’s stock valued at $1,441,260,000 after purchasing an additional 125,522 shares in the last quarter. FMR LLC increased its stake in shares of Union Pacific by 62.8% during the 3rd quarter. FMR LLC now owns 5,496,708 shares of the railroad operator’s stock worth $1,119,295,000 after purchasing an additional 2,119,382 shares during the last quarter. Finally, Invesco Ltd. raised its holdings in shares of Union Pacific by 18.8% during the 3rd quarter. Invesco Ltd. now owns 5,003,423 shares of the railroad operator’s stock valued at $1,018,847,000 after purchasing an additional 792,896 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,750 shares of the business’s stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $250.00, for a total value of $937,500.00. Following the transaction, the president now directly owns 56,682 shares in the company, valued at $14,170,500. The transaction was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 0.28% of the company’s stock.

Analyst Ratings Changes

UNP has been the subject of a number of recent research reports. Raymond James reiterated a “strong-buy” rating and issued a $280.00 price objective (up from $275.00) on shares of Union Pacific in a report on Friday, April 26th. BMO Capital Markets upped their price objective on shares of Union Pacific from $270.00 to $275.00 and gave the stock an “outperform” rating in a report on Friday, January 26th. JPMorgan Chase & Co. upped their price objective on shares of Union Pacific from $237.00 to $243.00 and gave the stock a “neutral” rating in a report on Tuesday, April 9th. UBS Group upped their price objective on shares of Union Pacific from $235.00 to $248.00 and gave the stock a “neutral” rating in a report on Friday, January 26th. Finally, TD Cowen upped their price objective on shares of Union Pacific from $252.00 to $258.00 and gave the stock a “buy” rating in a report on Friday, April 26th. Six equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and an average price target of $259.61.

Union Pacific Price Performance

NYSE UNP traded up $2.67 on Friday, reaching $240.36. The company’s stock had a trading volume of 2,174,714 shares, compared to its average volume of 2,177,795. The firm has a market cap of $146.65 billion, a PE ratio of 22.94, a price-to-earnings-growth ratio of 2.55 and a beta of 1.06. The business has a 50-day moving average price of $242.95 and a 200 day moving average price of $236.37. Union Pacific Co. has a 52 week low of $190.71 and a 52 week high of $258.66. The company has a current ratio of 0.93, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, beating analysts’ consensus estimates of $2.50 by $0.19. The business had revenue of $6.03 billion for the quarter, compared to analysts’ expectations of $5.97 billion. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The firm’s revenue for the quarter was down .4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.67 earnings per share. Sell-side analysts expect that Union Pacific Co. will post 11.21 EPS for the current year.

Union Pacific Dividend Announcement

The company 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 was Wednesday, February 28th. This represents a $5.20 dividend on an annualized basis and a yield of 2.16%. Union Pacific’s dividend payout ratio (DPR) is presently 49.62%.

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.