Ascent Wealth Partners LLC Sells 526 Shares of Union Pacific Co. (NYSE:UNP)

Ascent Wealth Partners LLC decreased its position in shares of Union Pacific Co. (NYSE:UNPFree Report) by 2.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,377 shares of the railroad operator’s stock after selling 526 shares during the period. Ascent Wealth Partners LLC’s holdings in Union Pacific were worth $5,496,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. Valued Wealth Advisors LLC purchased a new stake in shares of Union Pacific during the fourth quarter valued at $28,000. BluePath Capital Management LLC purchased a new stake in shares of Union Pacific during the third quarter valued at $25,000. Power Corp of Canada purchased a new stake in shares of Union Pacific during the first quarter valued at $40,000. Coppell Advisory Solutions Corp. purchased a new stake in shares of Union Pacific during the fourth quarter valued at $32,000. Finally, Tyler Stone Wealth Management purchased a new stake in shares of Union Pacific during the second quarter valued at $33,000. Institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Raymond James upped their price objective on shares of Union Pacific from $240.00 to $275.00 and gave the stock a “strong-buy” rating in a research note on Tuesday, January 16th. UBS Group upped their price objective on shares of Union Pacific from $235.00 to $248.00 and gave the stock a “neutral” rating in a research note on Friday, January 26th. BMO Capital Markets upped their price objective on shares of Union Pacific from $270.00 to $275.00 and gave the stock an “outperform” rating in a research note on Friday, January 26th. JPMorgan Chase & Co. lowered their price objective on shares of Union Pacific from $239.00 to $237.00 and set a “neutral” rating for the company in a research note on Friday, January 26th. Finally, Royal Bank of Canada lowered their price objective on shares of Union Pacific from $282.00 to $272.00 and set an “outperform” rating for the company in a research note on Friday, January 26th. Seven investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Union Pacific has an average rating of “Moderate Buy” and an average price target of $251.33.

Get Our Latest Stock Analysis on Union Pacific

Union Pacific Stock Performance

Union Pacific stock traded down $2.76 during mid-day trading on Monday, reaching $243.17. 674,020 shares of the company traded hands, compared to its average volume of 2,337,477. The company has a debt-to-equity ratio of 2.11, a current ratio of 0.81 and a quick ratio of 0.67. Union Pacific Co. has a fifty-two week low of $190.37 and a fifty-two week high of $258.66. The company has a market capitalization of $148.36 billion, a price-to-earnings ratio of 23.31, a price-to-earnings-growth ratio of 2.67 and a beta of 1.07. The firm’s fifty day moving average is $247.94 and its two-hundred day moving average is $231.10.

Union Pacific (NYSE:UNPGet Free Report) last issued its quarterly earnings results on Thursday, January 25th. The railroad operator reported $2.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.56 by $0.15. Union Pacific had a net margin of 26.45% and a return on equity of 46.87%. The business had revenue of $6.16 billion for the quarter, compared to analyst estimates of $6.05 billion. During the same quarter in the prior year, the business posted $2.67 EPS. Union Pacific’s revenue for the quarter was down .3% compared to the same quarter last year. On average, equities research analysts expect that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, February 29th were paid a $1.30 dividend. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.14%. Union Pacific’s payout ratio is currently 49.71%.

Insider Transactions at Union Pacific

In other news, President Elizabeth F. Whited sold 3,750 shares of the stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $250.00, for a total value of $937,500.00. Following the sale, the president now owns 56,682 shares in the company, valued at $14,170,500. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.30% of the company’s stock.

Union Pacific Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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