Wealthspire Advisors LLC Purchases 219 Shares of Union Pacific Co. (NYSE:UNP)

Wealthspire Advisors LLC boosted its position in Union Pacific Co. (NYSE:UNP) by 1.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,083 shares of the railroad operator’s stock after purchasing an additional 219 shares during the quarter. Wealthspire Advisors LLC’s holdings in Union Pacific were worth $3,212,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Tradewinds Capital Management LLC raised its holdings in Union Pacific by 1,123.8% in the fourth quarter. Tradewinds Capital Management LLC now owns 1,958 shares of the railroad operator’s stock worth $447,000 after purchasing an additional 1,798 shares in the last quarter. TCW Group Inc. increased its holdings in shares of Union Pacific by 69.6% during the fourth quarter. TCW Group Inc. now owns 65,969 shares of the railroad operator’s stock valued at $15,044,000 after acquiring an additional 27,077 shares in the last quarter. Fisher Funds Management LTD purchased a new position in shares of Union Pacific in the 4th quarter valued at approximately $36,784,000. First Horizon Advisors Inc. raised its position in shares of Union Pacific by 4.8% in the 4th quarter. First Horizon Advisors Inc. now owns 83,558 shares of the railroad operator’s stock valued at $19,055,000 after purchasing an additional 3,817 shares during the last quarter. Finally, Capital City Trust Co. FL raised its position in shares of Union Pacific by 0.3% in the 4th quarter. Capital City Trust Co. FL now owns 20,249 shares of the railroad operator’s stock valued at $4,618,000 after purchasing an additional 59 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors.

Insider Activity at Union Pacific

In related news, EVP Craig V. Richardson sold 6,495 shares of Union Pacific stock in a transaction on Monday, January 27th. The shares were sold at an average price of $252.00, for a total value of $1,636,740.00. Following the sale, the executive vice president now owns 26,319 shares of the company’s stock, valued at approximately $6,632,388. This trade represents a 19.79 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President Elizabeth F. Whited sold 7,500 shares of Union Pacific 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 completion of the sale, the president now directly owns 64,960 shares in the company, 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 owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages recently commented on UNP. BMO Capital Markets increased their price objective on shares of Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Citigroup increased their price objective 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. Raymond James reaffirmed a “strong-buy” rating and issued a $285.00 price objective (up from $265.00) on shares of Union Pacific in a research report on Friday, January 24th. Loop Capital lowered shares of Union Pacific from a “hold” rating to a “sell” rating and decreased their price objective for the company from $265.00 to $200.00 in a research report on Monday, February 3rd. Finally, 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 research report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $261.40.

Union Pacific Price Performance

Shares of NYSE UNP opened at $245.43 on Monday. The stock has a market capitalization of $148.31 billion, a price-to-earnings ratio of 22.13, a PEG ratio of 2.15 and a beta of 1.06. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.66. The firm’s 50 day simple moving average is $237.68 and its 200-day simple moving average is $240.73. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, topping 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 posted $2.71 EPS. Analysts expect that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be paid a $1.34 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a yield of 2.18%. Union Pacific’s dividend payout ratio is currently 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.