Family Legacy Inc. Buys 89 Shares of Union Pacific Co. (NYSE:UNP)

Family Legacy Inc. raised its stake in Union Pacific Co. (NYSE:UNP) by 1.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,736 shares of the railroad operator’s stock after purchasing an additional 89 shares during the period. Family Legacy Inc.’s holdings in Union Pacific were worth $2,025,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Norges Bank bought a new stake in shares of Union Pacific during the fourth quarter valued at approximately $1,927,377,000. Raymond James Financial Inc. acquired a new stake in Union Pacific in the 4th quarter valued at $1,035,905,000. Vontobel Holding Ltd. increased its stake in Union Pacific by 74.7% during the 4th quarter. Vontobel Holding Ltd. now owns 2,146,990 shares of the railroad operator’s stock valued at $489,600,000 after purchasing an additional 918,248 shares in the last quarter. Franklin Resources Inc. raised its holdings in Union Pacific by 9.3% during the third quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator’s stock worth $1,795,993,000 after buying an additional 625,492 shares during the last quarter. Finally, Proficio Capital Partners LLC lifted its stake in shares of Union Pacific by 33,228.4% in the fourth quarter. Proficio Capital Partners LLC now owns 504,258 shares of the railroad operator’s stock valued at $114,991,000 after buying an additional 502,745 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Performance

NYSE:UNP opened at $232.06 on Monday. The company has a market capitalization of $140.23 billion, a P/E ratio of 20.93, a P/E/G ratio of 2.15 and a beta of 1.05. The business has a fifty day simple moving average of $243.11 and a two-hundred day simple moving average of $239.41. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.07.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, topping the consensus estimate of $2.76 by $0.15. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. During the same period last year, the company posted $2.71 earnings per share. On average, analysts expect that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be paid a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.31%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific’s payout ratio is currently 48.33%.

Insider Buying and Selling

In other news, President Elizabeth F. Whited sold 7,500 shares of the firm’s stock in a transaction on Friday, January 24th. The stock was sold at an average price of $250.00, for a total value of $1,875,000.00. Following the completion of the transaction, the president now directly owns 64,960 shares of the company’s stock, valued at $16,240,000. This trade represents a 10.35 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Craig V. Richardson sold 6,495 shares of Union Pacific stock in a transaction on Monday, January 27th. The shares were sold at an average price of $252.00, for a total value of $1,636,740.00. Following the completion of the transaction, the executive vice president now owns 26,319 shares of the company’s stock, valued at approximately $6,632,388. This trade represents a 19.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.28% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Robert W. Baird boosted their target price on shares of Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Citigroup increased their price objective on Union Pacific from $254.00 to $260.00 and gave the stock a “neutral” rating in a research note on Friday, January 24th. BMO Capital Markets lifted their target price on Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Deutsche Bank Aktiengesellschaft initiated coverage on Union Pacific in a research report on Friday, March 7th. They issued a “buy” rating and a $295.00 price target for the company. Finally, Benchmark lifted their price objective on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, January 24th. One analyst has rated the stock with a sell rating, seven have given a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $262.76.

About Union Pacific

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.