Amalgamated Bank Has $36.31 Million Holdings in Union Pacific Co. (NYSE:UNP)

Amalgamated Bank lowered its holdings in shares of Union Pacific Co. (NYSE:UNP) by 5.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 147,838 shares of the railroad operator’s stock after selling 7,845 shares during the period. Amalgamated Bank’s holdings in Union Pacific were worth $36,312,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of UNP. BluePath Capital Management LLC acquired a new position in shares of Union Pacific in the third quarter worth approximately $25,000. Valued Wealth Advisors LLC acquired a new stake in Union Pacific in the fourth quarter valued at approximately $28,000. Stuart Chaussee & Associates Inc. acquired a new position in Union Pacific during the fourth quarter worth $36,000. Fortitude Family Office LLC purchased a new position in shares of Union Pacific during the fourth quarter valued at approximately $44,000. Finally, Hexagon Capital Partners LLC grew its holdings in Union Pacific by 48.6% during the third quarter. Hexagon Capital Partners LLC now owns 309 shares of the railroad operator’s stock worth $63,000 after buying an additional 101 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Insider Activity

In other news, President Elizabeth F. Whited sold 3,750 shares of the stock in a transaction dated 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 of the company’s stock, valued at approximately $14,170,500. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.28% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on UNP shares. Sanford C. Bernstein upgraded shares of Union Pacific from a “market perform” rating to an “outperform” rating and set a $280.00 price objective for the company in a research note on Monday, January 22nd. 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. TD Cowen lifted their price objective on shares of Union Pacific from $252.00 to $258.00 and gave the stock a “buy” rating in a research report on Friday, April 26th. StockNews.com raised shares of Union Pacific from a “hold” rating to a “buy” rating in a report on Friday, April 26th. Finally, The Goldman Sachs Group upped their price target on Union Pacific from $248.00 to $274.00 and gave the company a “buy” rating in a research report on Thursday, April 11th. Seven investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Union Pacific has a consensus rating of “Moderate Buy” and an average price target of $258.78.

Union Pacific Stock Up 1.2 %

NYSE:UNP traded up $2.73 on Thursday, reaching $237.69. 1,947,827 shares of the stock traded hands, compared to its average volume of 2,306,703. The company’s fifty day simple moving average is $243.62 and its 200 day simple moving average is $235.76. The company has a market capitalization of $145.02 billion, a price-to-earnings ratio of 22.43, a PEG ratio of 2.52 and a beta of 1.06. Union Pacific Co. has a 12 month low of $190.71 and a 12 month 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 EPS for the quarter, topping analysts’ consensus estimates of $2.50 by $0.19. The business had revenue of $6.03 billion during the quarter, compared to the consensus estimate 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 was down .4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.67 EPS. Equities analysts predict that Union Pacific Co. will post 11.21 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently announced 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. The ex-dividend date was Wednesday, February 28th. This represents a $5.20 annualized dividend and a yield of 2.19%. Union Pacific’s dividend payout ratio (DPR) is 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.