Stokes Family Office LLC Reduces Stock Position in Union Pacific Co. (NYSE:UNP)

Stokes Family Office LLC reduced its holdings in Union Pacific Co. (NYSE:UNP) by 48.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,929 shares of the railroad operator’s stock after selling 5,591 shares during the period. Stokes Family Office LLC’s holdings in Union Pacific were worth $1,456,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Desjardins Global Asset Management Inc. boosted its position in Union Pacific by 1.4% during the fourth quarter. Desjardins Global Asset Management Inc. now owns 3,000 shares of the railroad operator’s stock worth $737,000 after purchasing an additional 41 shares in the last quarter. Twin Capital Management Inc. raised its stake in shares of Union Pacific by 3.0% during the 4th quarter. Twin Capital Management Inc. now owns 1,394 shares of the railroad operator’s stock worth $342,000 after buying an additional 41 shares during the period. Sunburst Financial Group LLC lifted its position in shares of Union Pacific by 1.8% during the 4th quarter. Sunburst Financial Group LLC now owns 2,393 shares of the railroad operator’s stock valued at $588,000 after buying an additional 42 shares in the last quarter. Mission Wealth Management LP grew its stake in Union Pacific by 0.5% in the 4th quarter. Mission Wealth Management LP now owns 7,838 shares of the railroad operator’s stock valued at $1,925,000 after acquiring an additional 42 shares during the period. Finally, Sunflower Bank N.A. grew its stake in Union Pacific by 0.8% in the 4th quarter. Sunflower Bank N.A. now owns 5,573 shares of the railroad operator’s stock valued at $1,369,000 after acquiring an additional 43 shares during the period. 80.38% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on UNP shares. StockNews.com raised shares of Union Pacific from a “hold” rating to a “buy” rating in a research note on Friday, April 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 note on Monday, January 22nd. The Goldman Sachs Group lifted their price target on shares of Union Pacific from $248.00 to $274.00 and gave the company a “buy” rating in a research note on Thursday, April 11th. Stifel Nicolaus raised shares of Union Pacific from a “hold” rating to a “buy” rating and lifted their price target for the company from $248.00 to $267.00 in a research note on Friday. Finally, UBS Group lifted their price target on shares of Union Pacific from $235.00 to $248.00 and gave the company a “neutral” rating in a research note on Friday, January 26th. Six analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and an average price target of $259.61.

Union Pacific Trading Up 1.1 %

Shares of NYSE UNP traded up $2.55 during trading on Friday, hitting $240.24. 2,174,713 shares of the company were exchanged, compared to its average volume of 2,310,900. Union Pacific Co. has a 12-month low of $190.71 and a 12-month high of $258.66. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.76 and a current ratio of 0.93. The company has a fifty day moving average price of $243.29 and a 200-day moving average price of $235.78. The firm has a market capitalization of $146.58 billion, a PE ratio of 22.92, a P/E/G ratio of 2.49 and a beta of 1.06.

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

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Thursday, February 29th were issued 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 2.16%. Union Pacific’s dividend payout ratio (DPR) is currently 49.62%.

Insider Activity at Union Pacific

In related 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 sale, the president now directly owns 56,682 shares in the company, valued at approximately $14,170,500. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.28% of the stock is owned by insiders.

Union Pacific Profile

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.