Resonant Capital Advisors LLC Sells 59 Shares of Union Pacific Co. (NYSE:UNP)

Resonant Capital Advisors LLC decreased its holdings in Union Pacific Co. (NYSE:UNP) by 3.0% during the 4th quarter, HoldingsChannel reports. The firm owned 1,931 shares of the railroad operator’s stock after selling 59 shares during the quarter. Resonant Capital Advisors LLC’s holdings in Union Pacific were worth $440,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the business. Traveka Wealth LLC increased its stake in shares of Union Pacific by 3.4% in the third quarter. Traveka Wealth LLC now owns 1,357 shares of the railroad operator’s stock worth $335,000 after buying an additional 45 shares during the period. Red Mountain Financial LLC increased its position in shares of Union Pacific by 2.0% in the third quarter. Red Mountain Financial LLC now owns 2,276 shares of the railroad operator’s stock valued at $561,000 after acquiring an additional 45 shares during the period. Roble Belko & Company Inc raised its stake in shares of Union Pacific by 26.8% during the fourth quarter. Roble Belko & Company Inc now owns 213 shares of the railroad operator’s stock valued at $49,000 after acquiring an additional 45 shares during the last quarter. Pflug Koory LLC boosted its holdings in shares of Union Pacific by 0.5% during the fourth quarter. Pflug Koory LLC now owns 8,569 shares of the railroad operator’s stock worth $1,954,000 after purchasing an additional 45 shares during the period. Finally, Baron Wealth Management LLC grew its stake in shares of Union Pacific by 3.3% in the fourth quarter. Baron Wealth Management LLC now owns 1,409 shares of the railroad operator’s stock worth $321,000 after purchasing an additional 45 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of UNP stock opened at $243.16 on Tuesday. The company has a market capitalization of $147.42 billion, a price-to-earnings ratio of 21.93, a price-to-earnings-growth ratio of 2.15 and a beta of 1.06. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.63 and a current ratio of 0.77. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.66. The company’s 50-day moving average is $235.41 and its 200 day moving average is $240.11.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, beating analysts’ consensus estimates 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 in the previous year, the business earned $2.71 EPS. Sell-side analysts expect that Union Pacific Co. will post 12.03 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were paid a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.20%. The ex-dividend date was Monday, December 9th. Union Pacific’s dividend payout ratio is currently 48.33%.

Insider Activity

In related news, EVP Craig V. Richardson sold 6,495 shares of the stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $252.00, for a total transaction of $1,636,740.00. Following the transaction, the executive vice president now owns 26,319 shares in the company, valued at $6,632,388. This represents a 19.79 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, President Elizabeth F. Whited sold 7,500 shares of the business’s stock in a transaction 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 sale, the president now owns 64,960 shares of the company’s stock, valued at approximately $16,240,000. This represents a 10.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.26% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on the company. Royal Bank of Canada lowered their price target on Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Barclays upped their target price on Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a report on Wednesday, November 13th. Robert W. Baird boosted their price objective on shares of Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a research 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 research report on Friday, January 24th. Finally, Citigroup boosted their price target on shares of Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research report on Friday, January 24th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $261.40.

Union Pacific Company 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.