Wealth Group Ltd Sells 51 Shares of Union Pacific Co. (NYSE:UNP)

Wealth Group Ltd lessened its holdings in Union Pacific Co. (NYSE:UNP) by 4.1% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,199 shares of the railroad operator’s stock after selling 51 shares during the quarter. Wealth Group Ltd’s holdings in Union Pacific were worth $273,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of UNP. Acadian Asset Management LLC raised its position in Union Pacific by 116.3% during the 2nd quarter. Acadian Asset Management LLC now owns 19,552 shares of the railroad operator’s stock valued at $4,421,000 after purchasing an additional 10,511 shares in the last quarter. Quest Partners LLC lifted its stake in Union Pacific by 4.0% in the second quarter. Quest Partners LLC now owns 7,938 shares of the railroad operator’s stock worth $1,796,000 after acquiring an additional 305 shares during the period. Private Management Group Inc. grew its holdings in Union Pacific by 9.3% during the 2nd quarter. Private Management Group Inc. now owns 988 shares of the railroad operator’s stock worth $223,000 after acquiring an additional 84 shares in the last quarter. Liberty Wealth Management LLC increased its position in Union Pacific by 455.0% during the 2nd quarter. Liberty Wealth Management LLC now owns 7,909 shares of the railroad operator’s stock valued at $1,789,000 after purchasing an additional 6,484 shares during the period. Finally, Levin Capital Strategies L.P. raised its holdings in shares of Union Pacific by 1.5% in the 2nd quarter. Levin Capital Strategies L.P. now owns 51,765 shares of the railroad operator’s stock valued at $11,712,000 after purchasing an additional 757 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analyst Ratings Changes

UNP has been the topic of several research reports. Barclays lifted their price objective on shares of Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a report on Wednesday, November 13th. BMO Capital Markets reduced their price target on Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a research report on Friday, September 20th. TD Cowen dropped their price objective on Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. Royal Bank of Canada reduced their price objective on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. Finally, Citigroup lifted their price target on shares of Union Pacific from $255.00 to $267.00 and gave the stock a “neutral” rating in a report on Tuesday, November 12th. Nine investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $260.30.

Union Pacific Stock Performance

UNP traded up $1.04 during trading on Wednesday, reaching $231.58. 2,062,846 shares of the company’s stock were exchanged, compared to its average volume of 2,557,169. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.66. The company’s fifty day simple moving average is $234.82 and its 200-day simple moving average is $238.73. The stock has a market capitalization of $140.40 billion, a P/E ratio of 21.27, a price-to-earnings-growth ratio of 2.33 and a beta of 1.06.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The business had revenue of $6.09 billion for the quarter, compared to analysts’ expectations of $6.14 billion. During the same period last year, the business earned $2.51 EPS. The company’s revenue for the quarter was up 2.5% on a year-over-year basis. As a group, research analysts predict that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were issued a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a yield of 2.31%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific’s dividend payout ratio (DPR) is 49.22%.

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.