Concord Wealth Partners Purchases 782 Shares of Union Pacific Co. (NYSE:UNP)

Concord Wealth Partners raised its position in Union Pacific Co. (NYSE:UNP) by 6.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 13,682 shares of the railroad operator’s stock after acquiring an additional 782 shares during the quarter. Concord Wealth Partners’ holdings in Union Pacific were worth $3,120,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Strategic Investment Solutions Inc. IL bought a new stake in Union Pacific during the second quarter valued at about $28,000. Czech National Bank raised its stake in Union Pacific by 6.7% during the 3rd quarter. Czech National Bank now owns 124,100 shares of the railroad operator’s stock worth $30,588,000 after acquiring an additional 7,836 shares during the period. Bright Rock Capital Management LLC lifted its holdings in Union Pacific by 23.9% during the third quarter. Bright Rock Capital Management LLC now owns 41,500 shares of the railroad operator’s stock valued at $10,229,000 after purchasing an additional 8,000 shares in the last quarter. Farmers Trust Co. boosted its position in shares of Union Pacific by 7.1% in the third quarter. Farmers Trust Co. now owns 13,021 shares of the railroad operator’s stock worth $3,209,000 after purchasing an additional 866 shares during the period. Finally, Apella Capital LLC purchased a new stake in shares of Union Pacific in the third quarter worth $240,000. 80.38% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Raymond James reaffirmed a “strong-buy” rating and issued a $285.00 target price (up previously from $265.00) on shares of Union Pacific in a report on Friday, January 24th. JPMorgan Chase & Co. dropped their price objective on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Barclays lifted their target price on Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a research note on Wednesday, November 13th. Guggenheim increased their price objective on shares of Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a report on Friday, January 24th. Finally, Robert W. Baird boosted their target price on shares of Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. Eight analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and an average target price of $263.30.

Insider Transactions at Union Pacific

In related 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of Union Pacific stock in a transaction dated 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 approximately $16,240,000. This represents a 10.35 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.28% of the company’s stock.

Union Pacific Stock Down 0.8 %

NYSE:UNP opened at $247.85 on Friday. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.63. The firm has a market cap of $150.26 billion, a PE ratio of 22.35, a price-to-earnings-growth ratio of 2.16 and a beta of 1.06. The company has a 50-day moving average of $235.41 and a 200 day moving average of $240.16. Union Pacific Co. has a 1-year low of $218.55 and a 1-year high of $258.66.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (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 prior year, the firm earned $2.71 EPS. As a group, research analysts anticipate that Union Pacific Co. will post 12.03 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were given a $1.34 dividend. The ex-dividend date was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.16%. Union Pacific’s payout ratio is 48.33%.

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.