Union Pacific Co. (NYSE:UNP) Shares Sold by Matrix Trust Co

Matrix Trust Co lowered its stake in shares of Union Pacific Co. (NYSE:UNP) by 1.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,951 shares of the railroad operator’s stock after selling 93 shares during the quarter. Matrix Trust Co’s holdings in Union Pacific were worth $1,707,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Silver Oak Advisory Group Inc. acquired a new position in Union Pacific during the 4th quarter valued at approximately $219,000. Personal CFO Solutions LLC raised its stake in Union Pacific by 39.3% during the 3rd quarter. Personal CFO Solutions LLC now owns 1,407 shares of the railroad operator’s stock valued at $287,000 after acquiring an additional 397 shares in the last quarter. Nordea Investment Management AB raised its stake in Union Pacific by 46.9% during the 4th quarter. Nordea Investment Management AB now owns 87,905 shares of the railroad operator’s stock valued at $21,596,000 after acquiring an additional 28,052 shares in the last quarter. Procyon Advisors LLC raised its stake in Union Pacific by 48.3% during the 4th quarter. Procyon Advisors LLC now owns 18,512 shares of the railroad operator’s stock valued at $4,547,000 after acquiring an additional 6,031 shares in the last quarter. Finally, Advisor Resource Council bought a new stake in Union Pacific during the 4th quarter valued at $606,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Price Performance

Shares of NYSE UNP traded down $0.76 during mid-day trading on Friday, reaching $242.79. The company had a trading volume of 2,255,458 shares, compared to its average volume of 2,120,671. The company has a current ratio of 0.93, a quick ratio of 0.67 and a debt-to-equity ratio of 1.99. The stock has a market cap of $148.13 billion, a PE ratio of 23.17, a P/E/G ratio of 2.63 and a beta of 1.07. The company has a 50-day moving average price of $244.27 and a two-hundred day moving average price of $234.95. Union Pacific Co. has a 1-year low of $190.45 and a 1-year high of $258.66.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, topping analysts’ consensus estimates of $2.50 by $0.19. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The company had revenue of $6.03 billion during the quarter, compared to analysts’ expectations of $5.97 billion. During the same quarter in the previous year, the firm earned $2.67 earnings per share. The business’s quarterly revenue was down .4% compared to the same quarter last year. On average, equities analysts anticipate that Union Pacific Co. will post 11.01 earnings per share 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. The ex-dividend date was Wednesday, February 28th. This represents a $5.20 annualized dividend and a dividend yield of 2.14%. Union Pacific’s dividend payout ratio is presently 49.62%.

Insider Buying and Selling

In other Union Pacific news, President Elizabeth F. Whited sold 3,750 shares of the firm’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $250.00, for a total value of $937,500.00. Following the completion of the sale, the president now owns 56,682 shares in the company, valued at approximately $14,170,500. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.28% of the stock is owned by insiders.

Analyst Ratings Changes

Several analysts have weighed in on UNP shares. Stifel Nicolaus lifted their target price on Union Pacific from $231.00 to $248.00 and gave the company a “hold” rating in a research note on Friday, April 12th. Sanford C. Bernstein raised Union Pacific from a “market perform” rating to an “outperform” rating and set a $280.00 target price on the stock in a research note on Monday, January 22nd. Royal Bank of Canada cut their target price on Union Pacific from $282.00 to $272.00 and set an “outperform” rating on the stock in a research note on Friday, January 26th. Jefferies Financial Group began coverage on Union Pacific in a research note on Monday, April 8th. They set a “hold” rating and a $250.00 target price on the stock. Finally, Benchmark boosted their price objective on Union Pacific from $260.00 to $266.00 and gave the stock a “buy” rating in a research note on Wednesday, April 10th. Seven analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $258.78.

Union Pacific Company 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.