WealthPlan Investment Management LLC Sells 616 Shares of Union Pacific Co. (NYSE:UNP)

WealthPlan Investment Management LLC lessened its position in Union Pacific Co. (NYSE:UNP) by 5.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,393 shares of the railroad operator’s stock after selling 616 shares during the period. WealthPlan Investment Management LLC’s holdings in Union Pacific were worth $2,370,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Myriad Asset Management US LP acquired a new position in Union Pacific in the fourth quarter valued at about $1,581,000. WASHINGTON TRUST Co grew its holdings in Union Pacific by 3.4% during the 4th quarter. WASHINGTON TRUST Co now owns 11,213 shares of the railroad operator’s stock worth $2,557,000 after acquiring an additional 370 shares during the last quarter. PUREfi Wealth LLC acquired a new stake in Union Pacific in the 4th quarter valued at about $604,000. DeDora Capital Inc. raised its stake in shares of Union Pacific by 2.1% in the fourth quarter. DeDora Capital Inc. now owns 10,030 shares of the railroad operator’s stock worth $2,287,000 after acquiring an additional 208 shares during the last quarter. Finally, Blue Trust Inc. lifted its position in shares of Union Pacific by 14.6% during the fourth quarter. Blue Trust Inc. now owns 9,304 shares of the railroad operator’s stock worth $2,122,000 after purchasing an additional 1,183 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

NYSE:UNP opened at $249.27 on Friday. The stock has a market capitalization of $151.12 billion, a PE ratio of 22.48, a P/E/G ratio of 2.11 and a beta of 1.06. Union Pacific Co. has a 1-year low of $218.55 and a 1-year high of $258.66. The firm has a fifty day simple moving average of $236.03 and a 200 day simple moving average of $240.44. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.76.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, topping 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 firm posted $2.71 EPS. On average, research analysts expect that Union Pacific Co. will post 12.01 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be issued a $1.34 dividend. The ex-dividend date is Friday, February 28th. This represents a $5.36 annualized dividend and a dividend yield of 2.15%. Union Pacific’s dividend payout ratio is currently 48.33%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on UNP shares. Susquehanna reduced their price objective on Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Stifel Nicolaus increased their price objective on shares of Union Pacific from $253.00 to $270.00 and gave the company a “buy” rating in a report on Friday, January 24th. Guggenheim lifted 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. Benchmark increased their price target on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Finally, Robert W. Baird upped their price objective on Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a report on Friday, January 24th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $261.40.

Insider Transactions at Union Pacific

In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of the company’s 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 transaction, the executive vice president now directly owns 26,319 shares of the company’s stock, valued at $6,632,388. This represents a 19.79 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of Union Pacific stock in a transaction 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 sale, the president now directly owns 64,960 shares of the company’s stock, valued at $16,240,000. This represents a 10.35 % decrease in their position. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by corporate insiders.

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.