Institute for Wealth Management LLC. Sells 78 Shares of Union Pacific Co. (NYSE:UNP)

Institute for Wealth Management LLC. decreased its holdings in Union Pacific Co. (NYSE:UNP) by 1.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 4,990 shares of the railroad operator’s stock after selling 78 shares during the period. Institute for Wealth Management LLC.’s holdings in Union Pacific were worth $1,138,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of UNP. Strategic Investment Solutions Inc. IL purchased a new position in Union Pacific in the 2nd quarter valued at approximately $28,000. Synergy Asset Management LLC purchased a new position in shares of Union Pacific in the fourth quarter valued at $29,000. Catalyst Capital Advisors LLC bought a new stake in shares of Union Pacific during the 3rd quarter valued at $30,000. Jamison Private Wealth Management Inc. lifted its holdings in Union Pacific by 265.7% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 93 shares in the last quarter. Finally, Peterson Financial Group Inc. bought a new position in Union Pacific in the 3rd quarter worth about $32,000. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Up 0.1 %

Shares of NYSE:UNP opened at $249.75 on Friday. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.63 and a current ratio of 0.77. Union Pacific Co. has a 52-week low of $218.55 and a 52-week high of $258.66. The firm has a market capitalization of $151.41 billion, a P/E ratio of 22.52, a P/E/G ratio of 2.16 and a beta of 1.06. The stock has a 50 day moving average price of $235.09 and a 200-day moving average price of $240.01.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, topping the consensus estimate of $2.76 by $0.15. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. During the same quarter last year, the company earned $2.71 EPS. As a group, equities research analysts anticipate that Union Pacific Co. will post 12.03 EPS for the current fiscal year.

Union Pacific Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were given a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.15%. The ex-dividend date was Monday, December 9th. Union Pacific’s dividend payout ratio is presently 48.33%.

Insider Buying and Selling

In other news, President Elizabeth F. Whited sold 7,500 shares of the business’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 owns 64,960 shares in the company, valued at $16,240,000. The trade was a 10.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Craig V. Richardson sold 6,495 shares of the business’s stock in a transaction dated Monday, January 27th. The stock was 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 directly owns 26,319 shares of the company’s stock, valued at approximately $6,632,388. This trade represents a 19.79 % decrease in their position. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on UNP. Susquehanna decreased their target price on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. TD Cowen raised their target price on shares of Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Barclays increased their price target on shares of Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a report on Wednesday, November 13th. Royal Bank of Canada cut their target price on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Finally, Raymond James reaffirmed a “strong-buy” rating and set a $285.00 price target (up previously from $265.00) on shares of Union Pacific in a research note on Friday, January 24th. Eight investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $263.30.

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.