Bluestein R H & Co. trimmed its stake in shares of Union Pacific Co. (NYSE:UNP) by 15.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 335,240 shares of the railroad operator’s stock after selling 63,486 shares during the quarter. Union Pacific comprises about 2.3% of Bluestein R H & Co.’s portfolio, making the stock its 17th biggest holding. Bluestein R H & Co.’s holdings in Union Pacific were worth $44,956,000 as of its most recent filing with the SEC.
Several other large investors also recently added to or reduced their stakes in the company. 180 Wealth Advisors LLC bought a new stake in shares of Union Pacific during the 4th quarter valued at $2,306,000. Unio Capital LLC bought a new stake in shares of Union Pacific during the 4th quarter valued at $388,000. Pittenger & Anderson Inc. lifted its position in shares of Union Pacific by 3.8% during the 4th quarter. Pittenger & Anderson Inc. now owns 63,440 shares of the railroad operator’s stock valued at $8,507,000 after acquiring an additional 2,325 shares during the period. Valley National Advisers Inc. lifted its position in shares of Union Pacific by 50.8% during the 4th quarter. Valley National Advisers Inc. now owns 27,659 shares of the railroad operator’s stock valued at $3,709,000 after acquiring an additional 9,312 shares during the period. Finally, Polaris Greystone Financial Group LLC lifted its position in shares of Union Pacific by 3.0% during the 4th quarter. Polaris Greystone Financial Group LLC now owns 177,964 shares of the railroad operator’s stock valued at $23,865,000 after acquiring an additional 5,176 shares during the period. Hedge funds and other institutional investors own 79.94% of the company’s stock.
Union Pacific stock opened at $134.43 on Friday. The company has a quick ratio of 0.83, a current ratio of 1.02 and a debt-to-equity ratio of 0.65. The stock has a market capitalization of $104,761.96, a price-to-earnings ratio of 23.22, a PEG ratio of 1.66 and a beta of 0.83. Union Pacific Co. has a 12 month low of $101.06 and a 12 month high of $143.05.
The company also recently announced a quarterly dividend, which was paid on Friday, March 30th. Shareholders of record on Wednesday, February 28th were given a $0.73 dividend. The ex-dividend date was Tuesday, February 27th. This is an increase from Union Pacific’s previous quarterly dividend of $0.67. This represents a $2.92 annualized dividend and a yield of 2.17%. Union Pacific’s dividend payout ratio (DPR) is currently 50.43%.
UNP has been the subject of a number of recent analyst reports. UBS upgraded Union Pacific from a “neutral” rating to a “buy” rating in a research report on Friday, January 5th. Barclays restated a “buy” rating and set a $150.00 price objective on shares of Union Pacific in a research report on Wednesday, December 13th. BMO Capital Markets restated a “buy” rating and set a $150.00 price objective on shares of Union Pacific in a research report on Monday, January 8th. Zacks Investment Research upgraded Union Pacific from a “hold” rating to a “buy” rating and set a $157.00 price objective for the company in a research report on Monday, January 15th. Finally, TD Securities dropped their price objective on Union Pacific from $155.00 to $150.00 and set a “buy” rating for the company in a research report on Friday, January 26th. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $133.70.
In other Union Pacific news, CFO Robert M. Knight, Jr. sold 25,000 shares of the stock in a transaction dated Tuesday, March 20th. The stock was sold at an average price of $137.39, for a total value of $3,434,750.00. Following the completion of the transaction, the chief financial officer now directly owns 106,518 shares in the company, valued at $14,634,508.02. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.20% of the stock is currently owned by company insiders.
Union Pacific Profile
Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.
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