Union Pacific Co. (NYSE:UNP) Shares Sold by Centric Wealth Management

Centric Wealth Management lessened its position in Union Pacific Co. (NYSE:UNP) by 1.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 11,074 shares of the railroad operator’s stock after selling 125 shares during the period. Centric Wealth Management’s holdings in Union Pacific were worth $2,525,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Palogic Value Management L.P. raised its position in shares of Union Pacific by 1.5% during the fourth quarter. Palogic Value Management L.P. now owns 2,823 shares of the railroad operator’s stock worth $644,000 after purchasing an additional 42 shares during the period. Roble Belko & Company Inc increased its stake in Union Pacific by 26.8% in the 4th quarter. Roble Belko & Company Inc now owns 213 shares of the railroad operator’s stock worth $49,000 after purchasing an additional 45 shares in the last quarter. Pflug Koory LLC raised its holdings in Union Pacific by 0.5% during the 4th quarter. Pflug Koory LLC now owns 8,569 shares of the railroad operator’s stock worth $1,954,000 after buying an additional 45 shares during the period. Baron Wealth Management LLC lifted its stake in Union Pacific by 3.3% during the fourth quarter. Baron Wealth Management LLC now owns 1,409 shares of the railroad operator’s stock valued at $321,000 after buying an additional 45 shares in the last quarter. Finally, Mystic Asset Management Inc. boosted its holdings in shares of Union Pacific by 2.0% in the fourth quarter. Mystic Asset Management Inc. now owns 2,309 shares of the railroad operator’s stock worth $527,000 after buying an additional 45 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Insider Activity

In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of the firm’s stock in a transaction that occurred 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 owns 26,319 shares in the company, valued at approximately $6,632,388. This trade represents a 19.79 % decrease in their position. The sale 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 that occurred on 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 in the company, valued at $16,240,000. The trade was a 10.35 % decrease in their position. The disclosure for this sale can be found here. 0.28% of the stock is owned by company insiders.

Union Pacific Stock Up 1.8 %

Shares of Union Pacific stock opened at $236.37 on Tuesday. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.07. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. The stock has a 50 day moving average price of $243.16 and a two-hundred day moving average price of $239.32. The stock has a market capitalization of $141.66 billion, a P/E ratio of 21.31, a PEG ratio of 2.15 and a beta of 1.05.

Union Pacific (NYSE:UNP) last posted its earnings results 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 period last year, the firm posted $2.71 EPS. Equities analysts expect that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, February 28th were given a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.27%. The ex-dividend date was Friday, February 28th. Union Pacific’s dividend payout ratio is currently 48.33%.

Wall Street Analysts Forecast Growth

UNP has been the topic of several recent analyst reports. Stifel Nicolaus boosted their target price on shares of Union Pacific from $253.00 to $270.00 and gave the company a “buy” rating in a research note on Friday, January 24th. TD Cowen upped their price target on Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Raymond James reaffirmed a “strong-buy” rating and set a $285.00 target price (up previously from $265.00) on shares of Union Pacific in a research note on Friday, January 24th. Deutsche Bank Aktiengesellschaft started coverage on shares of Union Pacific in a research report on Friday, March 7th. They issued a “buy” rating and a $295.00 price target for the company. Finally, Robert W. Baird boosted their price objective on shares of Union Pacific from $260.00 to $265.00 and gave the company an “outperform” 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, thirteen have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $262.76.

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.