Wealthspire Advisors LLC Increases Stake in Union Pacific Co. (NYSE:UNP)

Wealthspire Advisors LLC raised its position in Union Pacific Co. (NYSE:UNP) by 1.6% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 14,083 shares of the railroad operator’s stock after purchasing an additional 219 shares during the period. Wealthspire Advisors LLC’s holdings in Union Pacific were worth $3,212,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in UNP. Compass Financial Services Inc purchased a new position in shares of Union Pacific during the 4th quarter worth $25,000. Synergy Asset Management LLC purchased a new position in shares of Union Pacific during the 4th quarter worth $29,000. Catalyst Capital Advisors LLC purchased a new position in shares of Union Pacific during the 3rd quarter worth $30,000. Peterson Financial Group Inc. purchased a new position in shares of Union Pacific during the 3rd quarter worth $32,000. Finally, Dunhill Financial LLC raised its holdings in shares of Union Pacific by 111.5% during 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. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analyst Ratings Changes

UNP has been the topic of several analyst reports. Wells Fargo & Company reduced their price target on Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a report on Tuesday, January 7th. Raymond James reiterated a “strong-buy” rating and set a $285.00 price target (up previously from $265.00) on shares of Union Pacific in a report on Friday, January 24th. Guggenheim lifted their price target on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, January 24th. TD Cowen boosted their price objective on shares of Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a report on Friday, January 24th. Finally, Loop Capital lowered shares of Union Pacific from a “hold” rating to a “sell” rating and reduced their price objective for the company from $265.00 to $200.00 in a report on Monday, February 3rd. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $261.40.

Insider Transactions at Union Pacific

In related news, President Elizabeth F. Whited sold 7,500 shares of the business’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 transaction of $1,875,000.00. Following the completion of the sale, the president now owns 64,960 shares in the company, valued at $16,240,000. The trade was 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 through the SEC website. Also, EVP Craig V. Richardson sold 6,495 shares of the business’s 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 sale, the executive vice president now owns 26,319 shares of the company’s stock, 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. Corporate insiders own 0.28% of the company’s stock.

Union Pacific Stock Performance

NYSE UNP opened at $245.43 on Monday. The company has a market cap of $148.31 billion, a P/E ratio of 22.13, a P/E/G ratio of 2.15 and a beta of 1.06. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. The stock has a 50-day moving average of $237.68 and a two-hundred day moving average of $240.73. Union Pacific Co. has a 1-year low of $218.55 and a 1-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 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 prior year, the firm earned $2.71 earnings per share. As a group, analysts anticipate that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

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 given a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.18%. The ex-dividend date is Friday, February 28th. Union Pacific’s dividend payout ratio is presently 48.33%.

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.