Obermeyer Wood Investment Counsel Lllp Trims Holdings in Union Pacific Co. (NYSE:UNP)

Obermeyer Wood Investment Counsel Lllp cut its holdings in Union Pacific Co. (NYSE:UNP - Free Report) by 41.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 111,941 shares of the railroad operator's stock after selling 78,287 shares during the quarter. Union Pacific makes up about 1.9% of Obermeyer Wood Investment Counsel Lllp's holdings, making the stock its 20th biggest holding. Obermeyer Wood Investment Counsel Lllp's holdings in Union Pacific were worth $27,495,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Moneta Group Investment Advisors LLC grew its position in shares of Union Pacific by 90,390.6% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 13,697,556 shares of the railroad operator's stock worth $2,836,353,000 after buying an additional 13,682,419 shares during the period. Morgan Stanley lifted its holdings in Union Pacific by 10.9% during the fourth quarter. Morgan Stanley now owns 8,983,932 shares of the railroad operator's stock valued at $1,860,303,000 after purchasing an additional 883,963 shares in the last quarter. Wellington Management Group LLP lifted its holdings in Union Pacific by 0.3% during the third quarter. Wellington Management Group LLP now owns 7,261,449 shares of the railroad operator's stock valued at $1,478,649,000 after purchasing an additional 19,145 shares in the last quarter. Northern Trust Corp lifted its holdings in Union Pacific by 4.4% during the third 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. Finally, Norges Bank purchased a new position in Union Pacific during the fourth quarter valued at approximately $1,276,498,000. 80.38% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Trading Up 0.3 %

UNP stock traded up $0.58 during mid-day trading on Thursday, reaching $229.81. 1,570,166 shares of the stock traded hands, compared to its average volume of 2,303,281. The company has a debt-to-equity ratio of 2.11, a quick ratio of 0.67 and a current ratio of 0.81. Union Pacific Co. has a one year low of $190.37 and a one year high of $258.66. The stock has a market capitalization of $140.21 billion, a PE ratio of 22.05, a PEG ratio of 2.50 and a beta of 1.07. The business has a 50-day moving average price of $246.02 and a two-hundred day moving average price of $233.55.

Union Pacific (NYSE:UNP - Get Free Report) last posted its quarterly earnings data on Thursday, January 25th. The railroad operator reported $2.71 earnings per share for the quarter, beating analysts' consensus estimates of $2.56 by $0.15. Union Pacific had a net margin of 26.45% and a return on equity of 46.87%. The business had revenue of $6.16 billion for the quarter, compared to analysts' expectations of $6.05 billion. During the same quarter in the previous year, the business posted $2.67 earnings per share. The business's revenue was down .3% compared to the same quarter last year. Equities research analysts expect that Union Pacific Co. will post 11.01 EPS for the current year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, February 29th were issued a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.26%. The ex-dividend date was Wednesday, February 28th. Union Pacific's payout ratio is presently 49.71%.

Analyst Upgrades and Downgrades

UNP has been the topic of several analyst reports. Jefferies Financial Group initiated coverage on shares of Union Pacific in a report on Monday, April 8th. They set a "hold" rating and a $250.00 price target on the stock. Royal Bank of Canada lowered their target price on shares of Union Pacific from $282.00 to $272.00 and set an "outperform" rating on the stock in a report on Friday, January 26th. The Goldman Sachs Group boosted their target price on shares of Union Pacific from $248.00 to $274.00 and gave the stock a "buy" rating in a report on Thursday, April 11th. BMO Capital Markets boosted their target price on shares of Union Pacific from $270.00 to $275.00 and gave the stock an "outperform" rating in a report on Friday, January 26th. Finally, Benchmark boosted 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. Eight investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Union Pacific presently has an average rating of "Moderate Buy" and an average target price of $253.48.

Insider Transactions at Union Pacific

In other news, President Elizabeth F. Whited sold 3,750 shares of the company's stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $250.00, for a total value of $937,500.00. Following the transaction, the president now directly owns 56,682 shares in the company, valued at $14,170,500. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 0.28% of the company's stock.

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.

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