Tweedy Browne Co. LLC reduced its stake in Union Pacific Co. (NYSE:UNP) by 0.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 337,940 shares of the railroad operator’s stock after selling 1,188 shares during the period. Union Pacific makes up approximately 1.2% of Tweedy Browne Co. LLC’s holdings, making the stock its 19th largest holding. Tweedy Browne Co. LLC’s holdings in Union Pacific were worth $45,318,000 as of its most recent SEC filing.
Several other hedge funds also recently added to or reduced their stakes in UNP. Acropolis Investment Management LLC acquired a new position in shares of Union Pacific in the 4th quarter worth approximately $107,000. Icon Wealth Partners LLC acquired a new position in shares of Union Pacific in the 4th quarter worth approximately $119,000. Exane Derivatives boosted its holdings in shares of Union Pacific by 55,600.0% in the 4th quarter. Exane Derivatives now owns 1,114 shares of the railroad operator’s stock worth $149,000 after acquiring an additional 1,112 shares in the last quarter. Aevitas Wealth Management Inc. acquired a new position in shares of Union Pacific in the 4th quarter worth approximately $185,000. Finally, Harvest Fund Management Co. Ltd acquired a new position in shares of Union Pacific in the 4th quarter worth approximately $200,000. Institutional investors own 79.94% of the company’s stock.
NYSE:UNP opened at $130.28 on Monday. Union Pacific Co. has a 52-week low of $101.06 and a 52-week 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 has a market cap of $101,527.85, a price-to-earnings ratio of 22.50, a PEG ratio of 1.61 and a beta of 0.79.
The business also recently declared a quarterly dividend, which was paid on Friday, March 30th. Stockholders of record on Wednesday, February 28th were paid a $0.73 dividend. The ex-dividend date was Tuesday, February 27th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 2.24%. This is an increase from Union Pacific’s previous quarterly dividend of $0.67. Union Pacific’s dividend payout ratio is 50.43%.
Several brokerages have recently commented on UNP. Zacks Investment Research raised Union Pacific from a “hold” rating to a “buy” rating and set a $157.00 target price on the stock in a report on Monday, January 15th. Scotiabank set a $150.00 target price on Union Pacific and gave the stock a “hold” rating in a report on Thursday, January 11th. Daiwa Capital Markets raised Union Pacific from a “hold” rating to an “outperform” rating in a report on Thursday, January 11th. BMO Capital Markets reissued a “buy” rating and issued a $150.00 target price on shares of Union Pacific in a report on Monday, January 8th. Finally, UBS raised Union Pacific from a “neutral” rating to a “buy” rating in a report on Friday, January 5th. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $136.10.
In other news, EVP Elizabeth F. Whited sold 15,576 shares of the stock in a transaction 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 transaction, the executive vice president now owns 65,613 shares of the company’s stock, valued at approximately $8,778,363.27. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Robert M. Knight, Jr. sold 25,000 shares of the stock in a transaction on Tuesday, March 20th. The shares were 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 approximately $14,634,508.02. The disclosure for this sale can be found here. Corporate insiders own 0.20% of the company’s stock.
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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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