Union Pacific Co. (NYSE:UNP) Shares Sold by Tandem Capital Management Corp ADV

Tandem Capital Management Corp ADV lessened its stake in Union Pacific Co. (NYSE:UNP) by 2.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 10,172 shares of the railroad operator’s stock after selling 256 shares during the quarter. Union Pacific comprises 1.6% of Tandem Capital Management Corp ADV’s holdings, making the stock its 19th biggest position. Tandem Capital Management Corp ADV’s holdings in Union Pacific were worth $2,498,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Wellington Management Group LLP grew its position in Union Pacific by 0.3% in the 3rd quarter. Wellington Management Group LLP now owns 7,261,449 shares of the railroad operator’s stock valued at $1,478,649,000 after buying an additional 19,145 shares in the last quarter. Northern Trust Corp boosted its position in shares of Union Pacific by 4.4% during the 3rd quarter. Northern Trust Corp now owns 6,803,796 shares of the railroad operator’s stock valued at $1,385,457,000 after purchasing an additional 285,988 shares in the last quarter. FMR LLC boosted its position in shares of Union Pacific by 62.8% during the 3rd quarter. FMR LLC now owns 5,496,708 shares of the railroad operator’s stock valued at $1,119,295,000 after purchasing an additional 2,119,382 shares in the last quarter. Invesco Ltd. boosted its position in shares of Union Pacific by 18.8% during the 3rd quarter. Invesco Ltd. now owns 5,003,423 shares of the railroad operator’s stock valued at $1,018,847,000 after purchasing an additional 792,896 shares in the last quarter. Finally, Clearbridge Investments LLC boosted its position in shares of Union Pacific by 108.9% during the 3rd quarter. Clearbridge Investments LLC now owns 4,128,575 shares of the railroad operator’s stock valued at $840,702,000 after purchasing an additional 2,151,893 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Insider Activity at Union Pacific

In related news, President Elizabeth F. Whited sold 3,750 shares of the firm’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $250.00, for a total transaction of $937,500.00. Following the transaction, the president now owns 56,682 shares of the company’s stock, valued at $14,170,500. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.28% of the company’s stock.

Union Pacific Stock Up 5.0 %

Shares of NYSE UNP traded up $11.54 during mid-day trading on Thursday, reaching $243.52. The company had a trading volume of 3,897,475 shares, compared to its average volume of 2,334,341. The stock has a fifty day moving average of $244.34 and a two-hundred day moving average of $234.68. The company has a debt-to-equity ratio of 2.11, a quick ratio of 0.67 and a current ratio of 0.81. The company has a market capitalization of $148.57 billion, a price-to-earnings ratio of 23.28, a PEG ratio of 2.55 and a beta of 1.07. Union Pacific Co. has a 12-month low of $190.37 and a 12-month high of $258.66.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, January 25th. The railroad operator reported $2.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.56 by $0.15. The business had revenue of $6.16 billion during the quarter, compared to analyst estimates of $6.05 billion. Union Pacific had a net margin of 26.45% and a return on equity of 46.87%. The firm’s revenue was down .3% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.67 earnings per share. As a group, equities research analysts expect that Union Pacific Co. will post 11.01 EPS for the current year.

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Thursday, February 29th were given a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a yield of 2.14%. The ex-dividend date was Wednesday, February 28th. Union Pacific’s payout ratio is presently 49.71%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on UNP shares. BMO Capital Markets raised their price objective on shares of Union Pacific from $270.00 to $275.00 and gave the company an “outperform” rating in a research report on Friday, January 26th. Jefferies Financial Group started coverage on shares of Union Pacific in a research report on Monday, April 8th. They set a “hold” rating and a $250.00 price objective for the company. JPMorgan Chase & Co. raised their price objective on shares of Union Pacific from $237.00 to $243.00 and gave the company a “neutral” rating in a research report on Tuesday, April 9th. Raymond James raised their price objective on shares of Union Pacific from $240.00 to $275.00 and gave the company a “strong-buy” rating in a research report on Tuesday, January 16th. Finally, Benchmark raised their target price on shares of Union Pacific from $260.00 to $266.00 and gave the stock a “buy” rating in a report on Wednesday, April 10th. Seven analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Union Pacific has an average rating of “Moderate Buy” and a consensus target price of $255.00.

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.