Union Pacific Co. (NYSE:UNP) Shares Sold by Tilt Investment Management Holdings PBC

Tilt Investment Management Holdings PBC reduced its holdings in Union Pacific Co. (NYSE:UNP) by 22.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,492 shares of the railroad operator’s stock after selling 739 shares during the quarter. Tilt Investment Management Holdings PBC’s holdings in Union Pacific were worth $612,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Desjardins Global Asset Management Inc. boosted its position in shares of Union Pacific by 1.4% in the fourth quarter. Desjardins Global Asset Management Inc. now owns 3,000 shares of the railroad operator’s stock worth $737,000 after acquiring an additional 41 shares during the last quarter. Twin Capital Management Inc. raised its stake in Union Pacific by 3.0% during the fourth quarter. Twin Capital Management Inc. now owns 1,394 shares of the railroad operator’s stock worth $342,000 after purchasing an additional 41 shares during the period. Sunburst Financial Group LLC boosted its holdings in shares of Union Pacific by 1.8% in the 4th quarter. Sunburst Financial Group LLC now owns 2,393 shares of the railroad operator’s stock valued at $588,000 after purchasing an additional 42 shares during the last quarter. Sunflower Bank N.A. grew its stake in shares of Union Pacific by 0.8% during the 4th quarter. Sunflower Bank N.A. now owns 5,573 shares of the railroad operator’s stock valued at $1,369,000 after buying an additional 43 shares during the period. Finally, West Paces Advisors Inc. increased its holdings in shares of Union Pacific by 2.3% during the 4th quarter. West Paces Advisors Inc. now owns 1,886 shares of the railroad operator’s stock worth $463,000 after buying an additional 43 shares during the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Stock Up 0.1 %

Shares of NYSE:UNP traded up $0.17 during midday trading on Thursday, reaching $229.40. The company had a trading volume of 930,636 shares, compared to its average volume of 2,294,480. The stock has a market capitalization of $139.96 billion, a P/E ratio of 22.05, a PEG ratio of 2.50 and a beta of 1.07. The stock’s fifty day moving average price is $246.02 and its 200-day moving average price is $233.55. 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 one year low of $190.37 and a one year high of $258.66.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, January 25th. The railroad operator reported $2.71 earnings per share for the quarter, topping the consensus estimate of $2.56 by $0.15. The company had revenue of $6.16 billion during the quarter, compared to analyst estimates of $6.05 billion. Union Pacific had a net margin of 26.45% and a return on equity of 46.87%. The firm’s revenue for the quarter was down .3% compared to the same quarter last year. During the same period last year, the business earned $2.67 EPS. Equities research analysts expect that Union Pacific Co. will post 11.01 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Thursday, February 29th were paid a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a yield of 2.27%. The ex-dividend date of this dividend was Wednesday, February 28th. Union Pacific’s payout ratio is currently 49.71%.

Insiders Place Their Bets

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 stock was 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 of the company’s stock, valued at approximately $14,170,500. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.28% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on UNP. Stifel Nicolaus lifted 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. The Goldman Sachs Group lifted their price objective on Union Pacific from $248.00 to $274.00 and gave the company a “buy” rating in a research note on Thursday, April 11th. TD Cowen increased their target price on shares of Union Pacific from $228.00 to $251.00 and gave the stock an “outperform” rating in a research report on Friday, January 26th. Sanford C. Bernstein raised shares of Union Pacific from a “market perform” rating to an “outperform” rating and set a $280.00 price target on the stock in a research report on Monday, January 22nd. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Union Pacific from $237.00 to $243.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 9th. Eight analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Union Pacific has a consensus rating of “Moderate Buy” and a consensus target price of $253.48.

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.