Envestnet Asset Management Inc. Grows Stock Holdings in Union Pacific Co. (NYSE:UNP)

Envestnet Asset Management Inc. lifted its position in Union Pacific Co. (NYSE:UNP) by 4.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,262,560 shares of the railroad operator’s stock after buying an additional 92,058 shares during the period. Envestnet Asset Management Inc. owned approximately 0.37% of Union Pacific worth $515,954,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. World Investment Advisors LLC increased its position in shares of Union Pacific by 103.1% during the third quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock worth $8,770,000 after purchasing an additional 18,060 shares in the last quarter. abrdn plc grew its stake in Union Pacific by 9.3% during the 4th quarter. abrdn plc now owns 415,874 shares of the railroad operator’s stock worth $94,588,000 after buying an additional 35,414 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in Union Pacific by 2.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator’s stock valued at $44,348,000 after buying an additional 4,939 shares in the last quarter. Border to Coast Pensions Partnership Ltd raised its stake in Union Pacific by 24.2% in the fourth quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator’s stock valued at $63,185,000 after buying an additional 53,946 shares during the last quarter. Finally, Pensionfund Sabic boosted its holdings in Union Pacific by 61.5% in the fourth quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator’s stock worth $2,394,000 after acquiring an additional 4,000 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

NYSE UNP opened at $212.86 on Friday. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. Union Pacific Co. has a 1-year low of $212.55 and a 1-year high of $258.07. The company has a market cap of $127.57 billion, a PE ratio of 19.19, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05. The stock’s 50 day simple moving average is $242.01 and its 200-day simple moving average is $238.85.

Union Pacific (NYSE:UNP) last announced 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 return on equity of 41.12% and a net margin of 27.82%. During the same quarter in the prior year, the business earned $2.71 EPS. As a group, equities research analysts anticipate that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, February 28th were given a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a dividend yield of 2.52%. The ex-dividend date of this dividend was Friday, February 28th. Union Pacific’s payout ratio is presently 48.33%.

Insider Activity

In other news, EVP Craig V. Richardson sold 6,495 shares of Union Pacific 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 of the company’s stock, valued at approximately $6,632,388. The trade was a 19.79 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of the business’s stock in a transaction dated Friday, January 24th. The stock was sold at an average price of $250.00, for a total transaction of $1,875,000.00. Following the sale, the president now owns 64,960 shares in the company, valued at $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. Corporate insiders own 0.28% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. 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. Wells Fargo & Company dropped their price objective on shares of Union Pacific from $265.00 to $260.00 and set an “overweight” rating on the stock in a report on Thursday, March 27th. TD Cowen raised their target price on shares of Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Deutsche Bank Aktiengesellschaft started coverage on shares of Union Pacific in a report on Friday, March 7th. They issued a “buy” rating and a $295.00 price target on the stock. Finally, Robert W. Baird increased their price target on Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $261.95.

About Union Pacific

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.