Legacy Capital Wealth Partners LLC Has $1.18 Million Position in Union Pacific Co. (NYSE:UNP)

Legacy Capital Wealth Partners LLC increased its position in Union Pacific Co. (NYSE:UNP) by 9.2% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 5,166 shares of the railroad operator’s stock after acquiring an additional 437 shares during the period. Legacy Capital Wealth Partners LLC’s holdings in Union Pacific were worth $1,178,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Compass Financial Services Inc acquired a new position in Union Pacific during the fourth quarter valued at approximately $25,000. Synergy Asset Management LLC acquired a new position in Union Pacific during the fourth quarter valued at approximately $29,000. Catalyst Capital Advisors LLC acquired a new position in Union Pacific during the third quarter valued at approximately $30,000. Peterson Financial Group Inc. acquired a new position in Union Pacific during the third quarter valued at approximately $32,000. Finally, Dunhill Financial LLC grew its holdings in 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 during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Insider Activity

In other news, EVP Craig V. Richardson sold 6,495 shares of the firm’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 completion of the sale, the executive vice president now directly owns 26,319 shares in the company, valued at approximately $6,632,388. This trade represents a 19.79 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, President Elizabeth F. Whited sold 7,500 shares of the firm’s stock in a transaction on Friday, January 24th. The shares were sold at an average price of $250.00, for a total value of $1,875,000.00. Following the completion of the sale, the president now owns 64,960 shares of the company’s stock, valued at approximately $16,240,000. This trade represents a 10.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. Loop Capital downgraded Union Pacific from a “hold” rating to a “sell” rating and lowered their price target for the company from $265.00 to $200.00 in a report on Monday, February 3rd. Citigroup increased their price objective on Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research report on Friday, January 24th. Guggenheim increased their price objective on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, January 24th. JPMorgan Chase & Co. reduced their price objective on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Finally, Stifel Nicolaus increased their price objective on Union Pacific from $253.00 to $270.00 and gave the company a “buy” rating in a research report on Friday, January 24th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Union Pacific currently has an average rating of “Moderate Buy” and an average target price of $261.40.

Union Pacific Stock Performance

Union Pacific stock opened at $249.27 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 stock has a fifty day moving average price of $236.34 and a two-hundred day moving average price of $240.49. Union Pacific Co. has a 52-week low of $218.55 and a 52-week high of $258.66. The firm has a market capitalization of $151.12 billion, a P/E ratio of 22.48, a P/E/G ratio of 2.11 and a beta of 1.06.

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, topping the consensus estimate of $2.76 by $0.15. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. During the same quarter last year, the company earned $2.71 earnings per share. As a group, analysts anticipate that Union Pacific Co. will post 12.01 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be paid a $1.34 dividend. The ex-dividend date is Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.15%. Union Pacific’s dividend payout ratio (DPR) is presently 48.33%.

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.