EP Wealth Advisors LLC lifted its holdings in shares of Union Pacific Co. (NYSE:UNP) by 5.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 80,417 shares of the railroad operator’s stock after buying an additional 3,940 shares during the period. Union Pacific makes up 1.1% of EP Wealth Advisors LLC’s portfolio, making the stock its 27th biggest position. EP Wealth Advisors LLC’s holdings in Union Pacific were worth $10,864,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in UNP. Financial Advocates Investment Management purchased a new position in Union Pacific in the fourth quarter worth about $850,000. Hoylecohen LLC purchased a new position in Union Pacific in the fourth quarter worth about $7,840,000. Cypress Wealth Advisors LLC boosted its position in Union Pacific by 6.2% in the fourth quarter. Cypress Wealth Advisors LLC now owns 7,494 shares of the railroad operator’s stock worth $1,005,000 after purchasing an additional 439 shares during the last quarter. Reilly Herbert Faulkner III boosted its position in Union Pacific by 1.7% in the fourth quarter. Reilly Herbert Faulkner III now owns 41,269 shares of the railroad operator’s stock worth $5,534,000 after purchasing an additional 699 shares during the last quarter. Finally, Zeke Capital Advisors LLC boosted its position in Union Pacific by 66.0% in the fourth quarter. Zeke Capital Advisors LLC now owns 18,831 shares of the railroad operator’s stock worth $2,525,000 after purchasing an additional 7,490 shares during the last quarter. 79.94% of the stock is currently owned by institutional investors.
Shares of UNP opened at $130.28 on Monday. The company has a market cap of $101,527.85, a P/E ratio of 22.50, a price-to-earnings-growth ratio of 1.61 and a beta of 0.79. Union Pacific Co. has a 12-month low of $101.06 and a 12-month high of $143.05. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.83 and a current ratio of 1.02.
The firm also recently announced a quarterly dividend, which was paid on Friday, March 30th. Investors of record on Wednesday, February 28th were paid a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a yield of 2.24%. The ex-dividend date was Tuesday, February 27th. This is an increase from Union Pacific’s previous quarterly dividend of $0.67. Union Pacific’s dividend payout ratio (DPR) is 50.43%.
In other Union Pacific news, CFO Robert M. Knight, Jr. sold 25,000 shares of Union Pacific stock in a transaction that occurred on 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 sale, the chief financial officer now owns 106,518 shares of the company’s stock, valued at approximately $14,634,508.02. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Elizabeth F. Whited sold 15,576 shares of Union Pacific stock in a transaction that occurred on Tuesday, April 3rd. The stock was sold at an average price of $133.79, for a total value of $2,083,913.04. Following the completion of the sale, the executive vice president now directly owns 65,613 shares in the company, valued at approximately $8,778,363.27. The disclosure for this sale can be found here. 0.20% of the stock is currently owned by company insiders.
Several research analysts have recently commented on UNP shares. Zacks Investment Research downgraded Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, March 6th. Barclays reaffirmed a “buy” rating and issued a $150.00 price objective on shares of Union Pacific in a research note on Wednesday, December 13th. Scotiabank set a $150.00 price objective on Union Pacific and gave the stock a “hold” rating in a research note on Thursday, January 11th. Argus raised their price objective on Union Pacific from $130.00 to $155.00 and gave the stock a “buy” rating in a research note on Thursday, February 1st. Finally, Morgan Stanley raised their price objective on Union Pacific from $105.00 to $125.00 and gave the stock an “equal weight” rating in a research note on Friday, January 26th. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eleven have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $136.10.
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Union Pacific Company 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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