Western Wealth Management LLC Sells 73 Shares of Union Pacific Co. (NYSE:UNP)

Western Wealth Management LLC cut its stake in Union Pacific Co. (NYSE:UNP) by 0.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,803 shares of the railroad operator’s stock after selling 73 shares during the period. Western Wealth Management LLC’s holdings in Union Pacific were worth $2,408,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Personal CFO Solutions LLC grew its position in shares of Union Pacific by 39.3% during the 3rd quarter. Personal CFO Solutions LLC now owns 1,407 shares of the railroad operator’s stock worth $287,000 after buying an additional 397 shares in the last quarter. Nordea Investment Management AB raised its holdings in shares of Union Pacific by 46.9% in the 4th quarter. Nordea Investment Management AB now owns 87,905 shares of the railroad operator’s stock valued at $21,596,000 after purchasing an additional 28,052 shares in the last quarter. Procyon Advisors LLC boosted its stake in shares of Union Pacific by 48.3% during the fourth quarter. Procyon Advisors LLC now owns 18,512 shares of the railroad operator’s stock valued at $4,547,000 after purchasing an additional 6,031 shares in the last quarter. Advisor Resource Council purchased a new position in Union Pacific during the fourth quarter valued at approximately $606,000. Finally, Factory Mutual Insurance Co. raised its stake in Union Pacific by 11.9% in the fourth quarter. Factory Mutual Insurance Co. now owns 184,700 shares of the railroad operator’s stock worth $45,366,000 after buying an additional 19,600 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Insider Activity at Union Pacific

In other news, President Elizabeth F. Whited sold 3,750 shares of the firm’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $250.00, for a total transaction of $937,500.00. Following the completion of the transaction, the president now directly owns 56,682 shares in the company, valued at $14,170,500. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.28% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on UNP shares. Susquehanna lifted their price target on Union Pacific from $245.00 to $255.00 and gave the company a “neutral” rating in a report on Thursday, March 28th. TD Cowen boosted their price objective on shares of Union Pacific from $228.00 to $251.00 and gave the stock an “outperform” rating in a research note on Friday, January 26th. Sanford C. Bernstein upgraded Union Pacific from a “market perform” rating to an “outperform” rating and set a $280.00 price target for the company in a research note on Monday, January 22nd. Royal Bank of Canada dropped their target price on shares of Union Pacific from $282.00 to $272.00 and set an “outperform” rating on the stock in a research report on Friday, January 26th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Union Pacific from $237.00 to $243.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 9th. Eight research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $253.48.

Union Pacific Trading Up 0.8 %

Shares of UNP traded up $1.75 during mid-day trading on Friday, reaching $231.56. The stock had a trading volume of 372,343 shares, compared to its average volume of 2,276,863. Union Pacific Co. has a 52-week low of $190.37 and a 52-week high of $258.66. The firm has a market cap of $141.27 billion, a price-to-earnings ratio of 21.97, a P/E/G ratio of 2.48 and a beta of 1.07. The business’s fifty day moving average is $245.64 and its 200 day moving average is $233.53. The company has a debt-to-equity ratio of 2.11, a current ratio of 0.81 and a quick ratio of 0.67.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, January 25th. The railroad operator reported $2.71 earnings per share for the quarter, beating the consensus estimate of $2.56 by $0.15. Union Pacific had a net margin of 26.45% and a return on equity of 46.87%. The business had revenue of $6.16 billion during the quarter, compared to analysts’ expectations of $6.05 billion. During the same quarter in the prior year, the company posted $2.67 EPS. The business’s revenue for the quarter was down .3% on a year-over-year basis. On average, sell-side analysts predict that Union Pacific Co. will post 11.01 EPS for the current fiscal year.

Union Pacific Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Thursday, February 29th were given a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.25%. The ex-dividend date was Wednesday, February 28th. Union Pacific’s dividend payout ratio is presently 49.71%.

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.