Financial Advocates Investment Management Has $3.28 Million Stock Position in Union Pacific Co. (NYSE:UNP)

Financial Advocates Investment Management cut its holdings in shares of Union Pacific Co. (NYSE:UNP) by 0.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,368 shares of the railroad operator’s stock after selling 85 shares during the period. Financial Advocates Investment Management’s holdings in Union Pacific were worth $3,276,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Synergy Asset Management LLC acquired a new stake in Union Pacific during the 4th quarter worth $29,000. Catalyst Capital Advisors LLC acquired a new stake in shares of Union Pacific during the third quarter worth $30,000. Jamison Private Wealth Management Inc. increased its holdings in Union Pacific by 265.7% in the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after purchasing an additional 93 shares during the last quarter. Peterson Financial Group Inc. acquired a new position in Union Pacific in the third quarter valued at about $32,000. Finally, Dunhill Financial LLC lifted its stake in Union Pacific by 111.5% in the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after buying an additional 68 shares during the period. Institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Up 0.3 %

Union Pacific stock opened at $244.27 on Thursday. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.63. The firm has a 50-day moving average of $235.25 and a 200-day moving average of $240.12. The company has a market cap of $148.09 billion, a price-to-earnings ratio of 22.03, a P/E/G ratio of 2.15 and a beta of 1.06. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.66.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 quarter in the previous year, the company posted $2.71 EPS. On average, equities analysts expect that Union Pacific Co. will post 12.03 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The company also recently disclosed 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 dividend on an annualized basis and a dividend yield of 2.19%. The ex-dividend date was Monday, December 9th. Union Pacific’s dividend payout ratio (DPR) is presently 48.33%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on UNP shares. Susquehanna lowered their price target on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. BMO Capital Markets upped their target price on shares of Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Sanford C. Bernstein reduced their price target on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 9th. TD Cowen upped their price objective on shares of Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Finally, Loop Capital lowered Union Pacific from a “hold” rating to a “sell” rating and reduced their target price for the stock from $265.00 to $200.00 in a report on Monday. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and an average target price of $261.40.

Insider Transactions at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 7,500 shares of the company’s stock in a transaction that occurred 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 sale, the president now owns 64,960 shares in the company, valued at $16,240,000. This represents a 10.35 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Craig V. Richardson sold 6,495 shares of Union Pacific stock in a transaction that occurred 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 transaction, the executive vice president now owns 26,319 shares of the company’s stock, valued at $6,632,388. This represents a 19.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.26% of the stock is owned by company insiders.

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.