Waldron Private Wealth LLC Cuts Position in Union Pacific Co. (NYSE:UNP)

Waldron Private Wealth LLC lowered its position in Union Pacific Co. (NYSE:UNP) by 0.7% in the fourth quarter, Holdings Channel reports. The fund owned 5,433 shares of the railroad operator’s stock after selling 41 shares during the period. Waldron Private Wealth LLC’s holdings in Union Pacific were worth $1,239,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in UNP. Traveka Wealth LLC lifted its position in shares of Union Pacific by 3.4% during the 3rd quarter. Traveka Wealth LLC now owns 1,357 shares of the railroad operator’s stock worth $335,000 after purchasing an additional 45 shares during the last quarter. Red Mountain Financial LLC boosted its position in shares of Union Pacific by 2.0% in the 3rd quarter. Red Mountain Financial LLC now owns 2,276 shares of the railroad operator’s stock valued at $561,000 after purchasing an additional 45 shares during the period. Roble Belko & Company Inc grew its stake in Union Pacific by 26.8% during the 4th quarter. Roble Belko & Company Inc now owns 213 shares of the railroad operator’s stock worth $49,000 after buying an additional 45 shares during the last quarter. Pflug Koory LLC increased its position in Union Pacific by 0.5% during the fourth quarter. Pflug Koory LLC now owns 8,569 shares of the railroad operator’s stock worth $1,954,000 after buying an additional 45 shares during the period. Finally, Baron Wealth Management LLC lifted its stake in Union Pacific by 3.3% in the fourth quarter. Baron Wealth Management LLC now owns 1,409 shares of the railroad operator’s stock valued at $321,000 after buying an additional 45 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Insider Buying and Selling at Union Pacific

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on UNP shares. Guggenheim lifted their target price on shares of Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a report on Friday, January 24th. Wells Fargo & Company reduced their target price on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. JPMorgan Chase & Co. lowered their price target on Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. BMO Capital Markets upped their price objective on Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Finally, TD Cowen lifted their target price on Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Eight equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Union Pacific currently has an average rating of “Moderate Buy” and an average target price of $263.30.

Union Pacific Price Performance

Shares of NYSE:UNP opened at $247.85 on Friday. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.66. The firm has a market capitalization of $150.26 billion, a price-to-earnings ratio of 22.35, a price-to-earnings-growth ratio of 2.16 and a beta of 1.06. The business’s 50 day simple moving average is $235.31 and its 200-day simple moving average is $240.08. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.63.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, beating 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 business earned $2.71 EPS. As a group, equities analysts forecast that Union Pacific Co. will post 12.03 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were given a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a yield of 2.16%. The ex-dividend date was Monday, December 9th. Union Pacific’s payout ratio is currently 48.33%.

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.