Greenwich Wealth Management LLC Boosts Stock Position in Union Pacific Co. (NYSE:UNP)

Greenwich Wealth Management LLC lifted its position in shares of Union Pacific Co. (NYSE:UNP) by 3.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,159 shares of the railroad operator’s stock after buying an additional 69 shares during the period. Greenwich Wealth Management LLC’s holdings in Union Pacific were worth $492,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Centurion Wealth Management LLC lifted its holdings in shares of Union Pacific by 12.6% in the 4th quarter. Centurion Wealth Management LLC now owns 1,200 shares of the railroad operator’s stock worth $274,000 after acquiring an additional 134 shares during the last quarter. Ninepoint Partners LP raised its position in Union Pacific by 7.8% in the 4th quarter. Ninepoint Partners LP now owns 10,246 shares of the railroad operator’s stock worth $2,336,000 after purchasing an additional 742 shares during the period. Frank Rimerman Advisors LLC lifted its stake in Union Pacific by 5.7% in the fourth quarter. Frank Rimerman Advisors LLC now owns 13,824 shares of the railroad operator’s stock worth $3,152,000 after purchasing an additional 751 shares during the last quarter. Harbour Investment Management LLC boosted its position in Union Pacific by 38.6% during the fourth quarter. Harbour Investment Management LLC now owns 1,433 shares of the railroad operator’s stock valued at $327,000 after buying an additional 399 shares during the period. Finally, Clearstead Trust LLC grew its stake in shares of Union Pacific by 212.7% during the fourth quarter. Clearstead Trust LLC now owns 3,540 shares of the railroad operator’s stock valued at $807,000 after buying an additional 2,408 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Up 1.5 %

Shares of NYSE UNP opened at $237.71 on Monday. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.07. 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 firm has a 50-day moving average of $242.05 and a 200 day moving average of $240.62. The stock has a market cap of $143.65 billion, a P/E ratio of 21.43, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.76 by $0.15. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. During the same quarter last year, the business earned $2.71 earnings per share. As a group, sell-side analysts expect that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be paid a $1.34 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.25%. Union Pacific’s dividend payout ratio is currently 48.33%.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on UNP. Raymond James restated a “strong-buy” rating and set a $285.00 target price (up from $265.00) on shares of Union Pacific in a report on Friday, January 24th. Benchmark raised their target price on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Union Pacific in a research note on Friday, March 7th. They issued a “buy” rating and a $295.00 target price on the stock. BMO Capital Markets increased their price target on shares of Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Finally, 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 research report on Friday, January 24th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Union Pacific currently has an average rating of “Moderate Buy” and a consensus price target of $263.00.

Insider Activity

In related 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 transaction, the president now directly owns 64,960 shares of the company’s stock, valued at approximately $16,240,000. This represents a 10.35 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Craig V. Richardson sold 6,495 shares of Union Pacific stock in a transaction 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 completion of the sale, the executive vice president now directly 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 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.