SMART Wealth LLC Has $705,000 Holdings in Union Pacific Co. (NYSE:UNP)

SMART Wealth LLC trimmed its position in Union Pacific Co. (NYSE:UNP) by 16.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 3,093 shares of the railroad operator’s stock after selling 614 shares during the period. SMART Wealth LLC’s holdings in Union Pacific were worth $705,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of UNP. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in shares of Union Pacific by 4.3% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 76,492 shares of the railroad operator’s stock worth $17,443,000 after buying an additional 3,127 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. raised its stake in Union Pacific by 1.9% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,387,382 shares of the railroad operator’s stock worth $316,379,000 after acquiring an additional 25,831 shares in the last quarter. Strategic Financial Concepts LLC bought a new position in shares of Union Pacific during the fourth quarter valued at $16,747,000. Ledyard National Bank lifted its holdings in shares of Union Pacific by 33.2% during the fourth quarter. Ledyard National Bank now owns 13,591 shares of the railroad operator’s stock valued at $3,099,000 after acquiring an additional 3,390 shares during the period. Finally, Leo Wealth LLC boosted its stake in shares of Union Pacific by 190.3% in the 4th quarter. Leo Wealth LLC now owns 3,765 shares of the railroad operator’s stock valued at $859,000 after purchasing an additional 2,468 shares in the last quarter. 80.38% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Stifel Nicolaus lifted their price target on shares of Union Pacific from $253.00 to $270.00 and gave the company a “buy” rating in a report on Friday, January 24th. Barclays boosted their target price on Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a report on Wednesday, November 13th. JPMorgan Chase & Co. dropped their price target on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Citigroup boosted 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. Finally, Royal Bank of Canada lowered their target price on Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $261.40.

Union Pacific Price Performance

Shares of UNP opened at $243.61 on Friday. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.76. The stock has a market cap of $147.69 billion, a P/E ratio of 21.97, a price-to-earnings-growth ratio of 2.15 and a beta of 1.06. The stock’s 50-day moving average price is $235.23 and its two-hundred day moving average price is $240.15. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.66.

Union Pacific (NYSE:UNP) last issued 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 return on equity of 41.12% and a net margin of 27.82%. During the same quarter in the prior year, the firm posted $2.71 EPS. On average, equities analysts predict that Union Pacific Co. will post 12.03 earnings per share for the current year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be paid a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.20%. Union Pacific’s dividend payout ratio is 48.33%.

Insider Buying and Selling at Union Pacific

In other news, President Elizabeth F. Whited sold 7,500 shares of Union Pacific stock in a transaction that occurred 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 $16,240,000. This trade represents 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 at the SEC website. Also, EVP Craig V. Richardson sold 6,495 shares of the firm’s stock in a transaction on Monday, January 27th. The shares were sold at an average price of $252.00, for a total transaction 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. Company insiders own 0.26% of the company’s stock.

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.