Victory Capital Management Inc. Lowers Holdings in Union Pacific Co. (NYSE:UNP)

Victory Capital Management Inc. decreased its position in Union Pacific Co. (NYSE:UNP) by 36.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 332,811 shares of the railroad operator’s stock after selling 187,263 shares during the quarter. Victory Capital Management Inc.’s holdings in Union Pacific were worth $81,745,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Berry Wealth Group LP purchased a new stake in shares of Union Pacific during the fourth quarter valued at approximately $2,207,000. Cannell & Co. lifted its position in Union Pacific by 2.0% in the 4th quarter. Cannell & Co. now owns 48,175 shares of the railroad operator’s stock valued at $11,833,000 after acquiring an additional 928 shares in the last quarter. Cary Street Partners Asset Management LLC increased its holdings in shares of Union Pacific by 3.8% in the 4th quarter. Cary Street Partners Asset Management LLC now owns 1,513 shares of the railroad operator’s stock worth $372,000 after purchasing an additional 55 shares in the last quarter. Bridgewater Advisors Inc. boosted its position in shares of Union Pacific by 1.7% during the fourth quarter. Bridgewater Advisors Inc. now owns 10,564 shares of the railroad operator’s stock valued at $2,595,000 after buying an additional 175 shares during the last quarter. Finally, MONECO Advisors LLC increased its holdings in Union Pacific by 63.6% in the 4th quarter. MONECO Advisors LLC now owns 5,236 shares of the railroad operator’s stock worth $1,286,000 after buying an additional 2,035 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,750 shares of Union Pacific 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 sale, the president now owns 56,682 shares of the company’s stock, valued at approximately $14,170,500. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.28% of the stock is currently owned by insiders.

Union Pacific Price Performance

NYSE:UNP opened at $240.24 on Friday. The business’s 50-day simple moving average is $243.29 and its two-hundred day simple moving average is $235.78. Union Pacific Co. has a 52 week low of $190.71 and a 52 week high of $258.66. The stock has a market cap of $146.58 billion, a PE ratio of 22.92, a P/E/G ratio of 2.52 and a beta of 1.06. The company has a quick ratio of 0.76, a current ratio of 0.93 and a debt-to-equity ratio of 1.99.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, April 25th. The railroad operator reported $2.69 EPS 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 for the quarter, compared to analysts’ expectations of $5.97 billion. During the same period in the previous year, the firm earned $2.67 EPS. The firm’s revenue was down .4% compared to the same quarter last year. As a group, analysts forecast that Union Pacific Co. will post 11.21 EPS for the current fiscal year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Thursday, February 29th were paid a dividend of $1.30 per share. The ex-dividend date was Wednesday, February 28th. This represents a $5.20 annualized dividend and a yield of 2.16%. Union Pacific’s payout ratio is 49.62%.

Analyst Ratings Changes

A number of analysts have recently issued reports on UNP shares. JPMorgan Chase & Co. raised their price target on shares of Union Pacific from $237.00 to $243.00 and gave the company a “neutral” rating in a report on Tuesday, April 9th. BMO Capital Markets increased their price target on Union Pacific from $270.00 to $275.00 and gave the company an “outperform” rating in a report on Friday, January 26th. Royal Bank of Canada reduced their price objective on Union Pacific from $282.00 to $272.00 and set an “outperform” rating for the company in a research report on Friday, January 26th. Evercore ISI raised their target price on Union Pacific from $271.00 to $273.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. Finally, Sanford C. Bernstein upgraded Union Pacific from a “market perform” rating to an “outperform” rating and set a $280.00 price target for the company in a research note on Monday, January 22nd. Six research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Union Pacific currently has an average rating of “Moderate Buy” and a consensus price target of $259.61.

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.