Beaumont Financial Advisors LLC Sells 610 Shares of Union Pacific Co. (NYSE:UNP)

Beaumont Financial Advisors LLC cut its holdings in Union Pacific Co. (NYSE:UNP) by 11.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,550 shares of the railroad operator’s stock after selling 610 shares during the period. Beaumont Financial Advisors LLC’s holdings in Union Pacific were worth $1,118,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the business. Valued Wealth Advisors LLC bought a new position in Union Pacific during the 4th quarter valued at about $28,000. BluePath Capital Management LLC bought a new position in Union Pacific during the 3rd quarter valued at about $25,000. Power Corp of Canada bought a new position in Union Pacific during the 1st quarter valued at about $40,000. Coppell Advisory Solutions Corp. bought a new position in Union Pacific during the 4th quarter valued at about $32,000. Finally, Tyler Stone Wealth Management bought a new position in Union Pacific during the 2nd quarter valued at about $33,000. 80.38% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on UNP. BMO Capital Markets boosted their price objective on shares of Union Pacific from $270.00 to $275.00 and gave the company an “outperform” rating in a research report on Friday, January 26th. StockNews.com cut shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Monday, March 18th. Raymond James boosted their price objective on shares of Union Pacific from $240.00 to $275.00 and gave the company a “strong-buy” rating in a research report on Tuesday, January 16th. Jefferies Financial Group began coverage on shares of Union Pacific in a research report on Monday, April 8th. They issued a “hold” rating and a $250.00 price objective for the company. Finally, The Goldman Sachs Group boosted their price objective on shares of Union Pacific from $248.00 to $274.00 and gave the company a “buy” rating in a research report on Thursday, April 11th. Eight research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $253.48.

Insider Transactions at Union Pacific

In other news, President Elizabeth F. Whited sold 3,750 shares of the stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $250.00, for a total value of $937,500.00. Following the sale, the president now owns 56,682 shares in the company, valued at $14,170,500. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.28% of the company’s stock.

Union Pacific Trading Up 1.0 %

Shares of Union Pacific stock opened at $232.08 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.67 and a debt-to-equity ratio of 2.11. Union Pacific Co. has a 12-month low of $190.37 and a 12-month high of $258.66. The firm has a market capitalization of $141.59 billion, a price-to-earnings ratio of 22.19, a PEG ratio of 2.48 and a beta of 1.07. The firm’s 50 day simple moving average is $245.29 and its two-hundred day simple moving average is $233.73.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, January 25th. The railroad operator reported $2.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.56 by $0.15. Union Pacific had a net margin of 26.45% and a return on equity of 46.87%. The business had revenue of $6.16 billion for the quarter, compared to analyst estimates of $6.05 billion. During the same quarter in the prior year, the business posted $2.67 EPS. Union Pacific’s revenue for the quarter was down .3% compared to the same quarter last year. Analysts predict that Union Pacific Co. will post 11.01 EPS for the current year.

Union Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, February 29th were paid a $1.30 dividend. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.24%. Union Pacific’s payout ratio is currently 49.71%.

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.