Roberts Wealth Advisors LLC Lowers Stock Position in Union Pacific Co. (NYSE:UNP)

Roberts Wealth Advisors LLC lowered its holdings in shares of Union Pacific Co. (NYSE:UNP) by 13.8% in the second quarter, Holdings Channel reports. The firm owned 3,116 shares of the railroad operator’s stock after selling 500 shares during the quarter. Roberts Wealth Advisors LLC’s holdings in Union Pacific were worth $638,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of UNP. Gleason Group Inc. raised its holdings in Union Pacific by 6.0% during the first quarter. Gleason Group Inc. now owns 923 shares of the railroad operator’s stock worth $186,000 after purchasing an additional 52 shares during the last quarter. Pekin Hardy Strauss Inc. increased its position in shares of Union Pacific by 1.0% in the first quarter. Pekin Hardy Strauss Inc. now owns 5,413 shares of the railroad operator’s stock valued at $1,089,000 after buying an additional 53 shares in the last quarter. Cary Street Partners Asset Management LLC raised its stake in shares of Union Pacific by 3.8% during the 4th quarter. Cary Street Partners Asset Management LLC now owns 1,489 shares of the railroad operator’s stock worth $308,000 after buying an additional 54 shares during the last quarter. Apriem Advisors raised its stake in shares of Union Pacific by 2.3% during the 4th quarter. Apriem Advisors now owns 2,417 shares of the railroad operator’s stock worth $500,000 after buying an additional 55 shares during the last quarter. Finally, TrinityPoint Wealth LLC boosted its position in shares of Union Pacific by 0.9% in the 1st quarter. TrinityPoint Wealth LLC now owns 6,301 shares of the railroad operator’s stock worth $1,268,000 after buying an additional 56 shares in the last quarter. 77.36% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CFO Jennifer L. Hamann sold 1,000 shares of Union Pacific stock in a transaction that occurred on Wednesday, August 23rd. The shares were sold at an average price of $222.83, for a total transaction of $222,830.00. Following the sale, the chief financial officer now owns 99,378 shares in the company, valued at $22,144,399.74. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, CFO Jennifer L. Hamann sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, August 23rd. The stock was sold at an average price of $222.83, for a total transaction of $222,830.00. Following the completion of the sale, the chief financial officer now directly owns 99,378 shares in the company, valued at $22,144,399.74. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Kenyatta G. Rocker sold 8,700 shares of the business’s stock in a transaction dated Wednesday, August 23rd. The stock was sold at an average price of $222.43, for a total value of $1,935,141.00. Following the completion of the transaction, the executive vice president now owns 42,061 shares in the company, valued at approximately $9,355,628.23. The disclosure for this sale can be found here. 0.30% of the stock is currently owned by corporate insiders.

Union Pacific Trading Down 1.0 %

UNP traded down $2.11 during trading on Tuesday, hitting $211.04. 91,019 shares of the company’s stock were exchanged, compared to its average volume of 2,933,816. Union Pacific Co. has a 1 year low of $183.69 and a 1 year high of $240.48. The stock has a 50 day moving average price of $220.88 and a 200 day moving average price of $206.44. The firm has a market cap of $128.62 billion, a P/E ratio of 19.44, a price-to-earnings-growth ratio of 2.03 and a beta of 1.11. The company has a current ratio of 0.71, a quick ratio of 0.57 and a debt-to-equity ratio of 2.39.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Wednesday, July 26th. The railroad operator reported $2.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.75 by ($0.18). The company had revenue of $5.96 billion during the quarter, compared to analyst estimates of $6.09 billion. Union Pacific had a net margin of 27.18% and a return on equity of 55.03%. The firm’s revenue for the quarter was down 4.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.93 earnings per share. As a group, analysts expect that Union Pacific Co. will post 10.5 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Thursday, August 31st will be issued a dividend of $1.30 per share. The ex-dividend date is Wednesday, August 30th. This represents a $5.20 annualized dividend and a dividend yield of 2.46%. Union Pacific’s payout ratio is currently 47.45%.

Analyst Upgrades and Downgrades

UNP has been the subject of several recent research reports. Susquehanna raised their target price on shares of Union Pacific from $230.00 to $240.00 in a report on Thursday, July 27th. StockNews.com began coverage on Union Pacific in a research note on Thursday, August 17th. They issued a “hold” rating on the stock. Royal Bank of Canada raised Union Pacific from a “sector perform” rating to an “outperform” rating and raised their price target for the stock from $193.00 to $282.00 in a research report on Wednesday, July 26th. Morgan Stanley reduced their price objective on Union Pacific from $171.00 to $168.00 in a research report on Thursday, July 6th. Finally, Bank of America lifted their price objective on Union Pacific from $237.00 to $265.00 in a research report on Thursday, July 27th. Twelve investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $233.97.

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, and other agricultural users; petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.