Union Pacific Co. (NYSE:UNP) Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers reduced its stake in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 2.2% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 172,434 shares of the railroad operator's stock after selling 3,822 shares during the period. Cetera Investment Advisers' holdings in Union Pacific were worth $39,322,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. abrdn plc boosted its stake in shares of Union Pacific by 9.3% during the 4th quarter. abrdn plc now owns 415,874 shares of the railroad operator's stock worth $94,588,000 after acquiring an additional 35,414 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in Union Pacific by 2.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator's stock worth $44,348,000 after purchasing an additional 4,939 shares in the last quarter. Border to Coast Pensions Partnership Ltd grew its holdings in Union Pacific by 24.2% in the fourth quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator's stock valued at $63,185,000 after purchasing an additional 53,946 shares during the period. Pinnbrook Capital Management LP purchased a new stake in shares of Union Pacific in the fourth quarter valued at approximately $3,954,000. Finally, Traveka Wealth LLC increased its position in shares of Union Pacific by 236.6% in the fourth quarter. Traveka Wealth LLC now owns 4,567 shares of the railroad operator's stock valued at $1,041,000 after buying an additional 3,210 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Benchmark increased their target price on Union Pacific from $266.00 to $275.00 and gave the company a "buy" rating in a research report on Friday, January 24th. UBS Group dropped their target price on shares of Union Pacific from $255.00 to $245.00 and set a "neutral" rating on the stock in a research report on Wednesday, April 2nd. TD Cowen boosted their target price on shares of Union Pacific from $245.00 to $258.00 and gave the stock a "buy" rating in a research note on Friday, January 24th. Stifel Nicolaus decreased their price target on shares of Union Pacific from $270.00 to $248.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Finally, Citigroup upgraded Union Pacific from a "neutral" rating to a "buy" rating and cut their price objective for the stock from $260.00 to $244.00 in a research note on Tuesday, April 8th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $257.86.

Union Pacific Trading Down 0.8%

Shares of Union Pacific stock traded down $1.83 during trading hours on Tuesday, hitting $229.04. The company's stock had a trading volume of 1,137,833 shares, compared to its average volume of 2,616,666. The stock has a market cap of $136.85 billion, a price-to-earnings ratio of 20.65, a P/E/G ratio of 2.15 and a beta of 1.07. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. Union Pacific Co. has a twelve month low of $204.66 and a twelve month high of $258.07. The firm has a fifty day moving average of $225.41 and a 200-day moving average of $233.76.

Union Pacific (NYSE:UNP - Get Free Report) last announced its earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share for the quarter, missing the consensus estimate of $2.73 by ($0.03). The company had revenue of $6.03 billion for the quarter, compared to analysts' expectations of $6.11 billion. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. The company's quarterly revenue was down .1% compared to the same quarter last year. During the same period last year, the business earned $2.69 EPS. Research analysts forecast that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be given a dividend of $1.34 per share. The ex-dividend date is Friday, May 30th. This represents a $5.36 annualized dividend and a dividend yield of 2.34%. Union Pacific's dividend payout ratio is presently 48.29%.

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.