Union Pacific Co. (NYSE:UNP) Shares Sold by Transform Wealth LLC

Transform Wealth LLC decreased its position in Union Pacific Co. (NYSE:UNP) by 1.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,344 shares of the railroad operator’s stock after selling 100 shares during the quarter. Transform Wealth LLC’s holdings in Union Pacific were worth $1,262,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of Union Pacific in the 4th quarter valued at $1,927,377,000. Raymond James Financial Inc. acquired a new stake in shares of Union Pacific during the 4th quarter worth about $1,035,905,000. GAMMA Investing LLC raised its position in shares of Union Pacific by 27,502.8% during the 1st quarter. GAMMA Investing LLC now owns 2,491,151 shares of the railroad operator’s stock worth $588,510,000 after acquiring an additional 2,482,126 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Union Pacific by 12.6% during the 4th quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator’s stock worth $3,282,305,000 after acquiring an additional 1,616,895 shares in the last quarter. Finally, Capital Research Global Investors raised its position in shares of Union Pacific by 14.3% during the 4th quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator’s stock worth $2,370,559,000 after acquiring an additional 1,298,178 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on UNP shares. Argus raised shares of Union Pacific to a “strong-buy” rating in a report on Friday, May 16th. Raymond James reiterated a “strong-buy” rating on shares of Union Pacific in a research note on Friday, April 25th. Deutsche Bank Aktiengesellschaft assumed coverage on Union Pacific in a research report on Friday, March 7th. They set a “buy” rating and a $295.00 target price on the stock. Stifel Nicolaus cut their target price on Union Pacific from $270.00 to $248.00 and set a “buy” rating on the stock in a research report on Monday, April 14th. Finally, Barclays cut their price target on Union Pacific from $285.00 to $260.00 and set an “overweight” rating on the stock in a research report on Friday, April 25th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $257.74.

Union Pacific Stock Performance

Shares of UNP opened at $225.70 on Thursday. Union Pacific Co. has a 1 year low of $204.66 and a 1 year high of $258.07. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. The company’s fifty day moving average is $220.28 and its two-hundred day moving average is $231.96. The stock has a market capitalization of $134.85 billion, a P/E ratio of 20.35, a P/E/G ratio of 2.15 and a beta of 1.05.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.73 by ($0.03). Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. The firm had revenue of $6.03 billion for the quarter, compared to analyst estimates of $6.11 billion. During the same quarter last year, the firm earned $2.69 earnings per share. The company’s revenue was down .1% compared to the same quarter last year. On average, sell-side analysts predict that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, May 30th will be issued a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a yield of 2.37%. The ex-dividend date is Friday, May 30th. Union Pacific’s dividend payout ratio is presently 48.29%.

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.