Union Pacific Co. (NYSE:UNP) Shares Bought by Hemington Wealth Management

Hemington Wealth Management boosted its stake in shares of Union Pacific Co. (NYSE:UNP) by 8.4% in the fourth quarter, Holdings Channel reports. The firm owned 775 shares of the railroad operator’s stock after acquiring an additional 60 shares during the period. Hemington Wealth Management’s holdings in Union Pacific were worth $176,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of UNP. Compass Financial Services Inc bought a new stake in shares of Union Pacific in the fourth quarter valued at approximately $25,000. Synergy Asset Management LLC bought a new stake in Union Pacific in the 4th quarter valued at $29,000. Catalyst Capital Advisors LLC bought a new stake in Union Pacific in the 3rd quarter valued at $30,000. Jamison Private Wealth Management Inc. lifted its stake in shares of 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 buying an additional 93 shares during the period. Finally, Dunhill Financial LLC lifted its position in shares of Union Pacific by 111.5% in the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after acquiring an additional 68 shares during the period. 80.38% of the stock is owned by institutional investors.

Insider Buying and Selling at Union Pacific

In other news, President Elizabeth F. Whited sold 7,500 shares of the stock in a transaction that occurred on Friday, January 24th. The shares were sold at an average price of $250.00, for a total transaction of $1,875,000.00. Following the completion of the transaction, the president now directly owns 64,960 shares of the company’s stock, valued at $16,240,000. This represents a 10.35 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Craig V. Richardson sold 6,495 shares of the company’s stock in a transaction that occurred on Monday, January 27th. The shares were 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 owns 26,319 shares in the company, valued at approximately $6,632,388. The trade was a 19.79 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.28% of the company’s stock.

Union Pacific Stock Performance

Union Pacific stock opened at $248.49 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. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.66. The business has a 50 day moving average of $235.43 and a 200-day moving average of $240.31. The company has a market capitalization of $150.65 billion, a P/E ratio of 22.41, a P/E/G ratio of 2.11 and a beta of 1.06.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (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 last year, the company posted $2.71 earnings per share. On average, equities research analysts predict that Union Pacific Co. will post 12.01 earnings per share for the current year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be issued a dividend of $1.34 per share. The ex-dividend date is Friday, February 28th. This represents a $5.36 annualized dividend and a dividend yield of 2.16%. Union Pacific’s dividend payout ratio is currently 48.33%.

Analysts Set New Price Targets

A number of research firms have recently commented on UNP. Raymond James reaffirmed a “strong-buy” rating and set a $285.00 price objective (up from $265.00) on shares of Union Pacific in a report on Friday, January 24th. BMO Capital Markets lifted their price objective on Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Loop Capital cut Union Pacific from a “hold” rating to a “sell” rating and cut their price target for the company from $265.00 to $200.00 in a report on Monday, February 3rd. Wells Fargo & Company dropped their target price on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a research note on Tuesday, January 7th. Finally, Susquehanna dropped their target price on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. One investment analyst has rated the stock with a sell rating, seven have given 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, the stock currently has an average rating of “Moderate Buy” and an average price target of $261.40.

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.