Regent Peak Wealth Advisors LLC Trims Stock Position in Union Pacific Co. (NYSE:UNP)

Regent Peak Wealth Advisors LLC lessened its holdings in Union Pacific Co. (NYSE:UNP) by 9.9% during the 1st quarter, Holdings Channel reports. The firm owned 2,879 shares of the railroad operator’s stock after selling 318 shares during the quarter. Regent Peak Wealth Advisors LLC’s holdings in Union Pacific were worth $680,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of UNP. Compass Financial Services Inc purchased a new stake in shares of Union Pacific in the fourth quarter valued at about $25,000. EnRich Financial Partners LLC purchased a new stake in shares of Union Pacific in the fourth quarter valued at about $31,000. PrairieView Partners LLC purchased a new stake in shares of Union Pacific in the fourth quarter valued at about $34,000. Strategic Investment Solutions Inc. IL lifted its holdings in shares of Union Pacific by 38.8% in the fourth quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator’s stock valued at $39,000 after purchasing an additional 45 shares in the last quarter. Finally, Kentucky Trust Co purchased a new stake in shares of Union Pacific in the fourth quarter valued at about $40,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft began coverage on shares of Union Pacific in a report on Friday, March 7th. They issued a “buy” rating and a $295.00 price target on the stock. Redburn Atlantic raised shares of Union Pacific from a “neutral” rating to a “buy” rating and set a $259.00 price objective for the company in a research report on Wednesday, April 16th. UBS Group cut their price objective on shares of Union Pacific from $255.00 to $245.00 and set a “neutral” rating for the company in a research report on Wednesday, April 2nd. Citigroup raised shares of Union Pacific from a “neutral” rating to a “buy” rating and cut their price objective for the company from $260.00 to $244.00 in a research report on Tuesday, April 8th. Finally, Wells Fargo & Company cut their price objective on shares of Union Pacific from $265.00 to $260.00 and set an “overweight” rating for the company in a research report on Thursday, March 27th. One analyst has rated the stock with a sell rating, seven have given a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and an average target price of $257.74.

Union Pacific Price Performance

Union Pacific stock opened at $223.39 on Friday. Union Pacific Co. has a 52-week low of $204.66 and a 52-week high of $258.07. The firm has a fifty day moving average of $220.25 and a 200-day moving average of $232.22. The firm has a market capitalization of $133.47 billion, a P/E ratio of 20.14, a PEG ratio of 2.15 and a beta of 1.05. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.73 by ($0.03). Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. The business had revenue of $6.03 billion during the quarter, compared to analyst estimates of $6.11 billion. During the same period in the previous year, the company earned $2.69 EPS. Union Pacific’s revenue was down .1% on a year-over-year basis. As a group, analysts predict that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be given a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.40%. The ex-dividend date is Friday, May 30th. Union Pacific’s payout ratio is currently 48.29%.

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.