Victory Capital Management Inc. Decreases Stock Position in Union Pacific Co. (NYSE:UNP)

Victory Capital Management Inc. decreased its stake in shares of Union Pacific Co. (NYSE:UNP) by 36.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 332,811 shares of the railroad operator’s stock after selling 187,263 shares during the quarter. Victory Capital Management Inc. owned approximately 0.05% of Union Pacific worth $81,745,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of UNP. Berry Wealth Group LP acquired a new stake in shares of Union Pacific during the 4th quarter worth about $2,207,000. Cannell & Co. boosted its holdings in shares of 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 buying an additional 928 shares in the last quarter. Cary Street Partners Asset Management LLC grew its position 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 valued at $372,000 after buying an additional 55 shares during the last quarter. Bridgewater Advisors Inc. raised its stake in Union Pacific by 1.7% during the 4th quarter. Bridgewater Advisors Inc. now owns 10,564 shares of the railroad operator’s stock worth $2,595,000 after acquiring an additional 175 shares in the last quarter. Finally, MONECO Advisors LLC lifted its position in Union Pacific by 63.6% in the fourth quarter. MONECO Advisors LLC now owns 5,236 shares of the railroad operator’s stock valued at $1,286,000 after acquiring an additional 2,035 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have issued reports on UNP. The Goldman Sachs Group raised their price objective on Union Pacific from $248.00 to $274.00 and gave the stock a “buy” rating in a report on Thursday, April 11th. UBS Group increased their price objective on Union Pacific from $235.00 to $248.00 and gave the company a “neutral” rating in a report on Friday, January 26th. BMO Capital Markets lifted their target price on shares of Union Pacific from $270.00 to $275.00 and gave the company an “outperform” rating in a report on Friday, January 26th. Stifel Nicolaus upgraded shares of Union Pacific from a “hold” rating to a “buy” rating and increased their price target for the stock from $248.00 to $267.00 in a research note on Friday. Finally, JPMorgan Chase & Co. raised their price objective on shares of Union Pacific from $237.00 to $243.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 9th. Six investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Union Pacific presently has a consensus rating of “Moderate Buy” and an average target price of $259.61.

Union Pacific Price Performance

UNP stock opened at $240.24 on Friday. The company has a current ratio of 0.93, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99. The company has a market cap of $146.58 billion, a price-to-earnings ratio of 22.92, a PEG ratio of 2.52 and a beta of 1.06. Union Pacific Co. has a 12-month low of $190.71 and a 12-month high of $258.66. The firm has a 50 day moving average of $243.29 and a 200-day moving average of $235.78.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.50 by $0.19. The business had revenue of $6.03 billion for the quarter, compared to analysts’ expectations of $5.97 billion. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The business’s revenue was down .4% on a year-over-year basis. During the same quarter last year, the firm earned $2.67 earnings per share. As a group, equities analysts expect that Union Pacific Co. will post 11.21 EPS for the current fiscal year.

Union Pacific Dividend Announcement

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

Insider Transactions at Union Pacific

In other news, President Elizabeth F. Whited sold 3,750 shares of the business’s stock in a transaction 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 completion of 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 filing with the SEC, which is accessible through this hyperlink. Insiders own 0.28% of the company’s stock.

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.