Modern Wealth Management LLC Boosts Holdings in Union Pacific Co. (NYSE:UNP)

Modern Wealth Management LLC raised its stake in shares of Union Pacific Co. (NYSE:UNP) by 52.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,986 shares of the railroad operator’s stock after buying an additional 2,059 shares during the quarter. Modern Wealth Management LLC’s holdings in Union Pacific were worth $1,463,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of UNP. Compass Financial Services Inc purchased a new position in Union Pacific during the fourth quarter valued at $25,000. Synergy Asset Management LLC bought a new position in shares of Union Pacific during the 4th quarter valued at about $29,000. Dunhill Financial LLC grew its position in shares of Union Pacific by 111.5% during the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after purchasing an additional 68 shares in the last quarter. PrairieView Partners LLC bought a new stake in shares of Union Pacific in the fourth quarter worth about $34,000. Finally, Kentucky Trust Co bought a new position in Union Pacific during the fourth quarter valued at approximately $40,000. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Up 0.3 %

Shares of UNP opened at $235.90 on Wednesday. The firm has a market capitalization of $142.55 billion, a P/E ratio of 21.27, a P/E/G ratio of 2.15 and a beta of 1.05. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.07. The firm has a fifty day moving average price of $242.98 and a 200-day moving average price of $239.73. The company has a current ratio of 0.77, a quick ratio of 0.62 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 (EPS) for the quarter, beating 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 period in the previous year, the business posted $2.71 earnings per share. Equities research analysts expect that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The company 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 dividend of $1.34 per share. The ex-dividend date is Friday, February 28th. This represents a $5.36 annualized dividend and a yield of 2.27%. Union Pacific’s payout ratio is currently 48.33%.

Analyst Ratings Changes

Several analysts have recently issued reports on UNP shares. TD Cowen upped their price objective on Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Guggenheim upped their price target on shares of Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Stifel Nicolaus lifted their price objective on shares of Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Deutsche Bank Aktiengesellschaft began coverage on shares of Union Pacific in a research report on Friday, March 7th. They set a “buy” rating and a $295.00 target price on the stock. Finally, Raymond James reiterated a “strong-buy” rating and issued a $285.00 price target (up previously from $265.00) on shares of Union Pacific in a research report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $263.00.

Insider Buying and Selling at Union Pacific

In related news, President Elizabeth F. Whited sold 7,500 shares of Union Pacific stock in a transaction that occurred 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 transaction, the president now directly owns 64,960 shares of the company’s stock, valued at $16,240,000. This trade represents a 10.35 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, 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 sale, the executive vice president now owns 26,319 shares of the company’s stock, valued at approximately $6,632,388. This represents a 19.79 % 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.