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

Stockman Wealth Management Inc. lessened its holdings in Union Pacific Co. (NYSE:UNP) by 11.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,114 shares of the railroad operator’s stock after selling 139 shares during the quarter. Stockman Wealth Management Inc.’s holdings in Union Pacific were worth $274,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Valued Wealth Advisors LLC purchased a new position in shares of Union Pacific during the 4th quarter valued at approximately $28,000. BluePath Capital Management LLC purchased a new position in Union Pacific in the 3rd quarter valued at $25,000. Fortitude Family Office LLC purchased a new position in Union Pacific in the 4th quarter valued at $44,000. Hexagon Capital Partners LLC lifted its holdings in Union Pacific by 48.6% in the 3rd quarter. Hexagon Capital Partners LLC now owns 309 shares of the railroad operator’s stock valued at $63,000 after purchasing an additional 101 shares in the last quarter. Finally, Legacy Financial Group LLC purchased a new position in shares of Union Pacific during the 3rd quarter worth $83,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Trading Up 1.2 %

Shares of NYSE UNP traded up $2.70 during midday trading on Tuesday, hitting $237.17. The stock had a trading volume of 977,738 shares, compared to its average volume of 2,292,545. The company has a market capitalization of $144.70 billion, a price-to-earnings ratio of 22.42, a PEG ratio of 2.51 and a beta of 1.07. Union Pacific Co. has a 1-year low of $190.37 and a 1-year high of $258.66. The company has a quick ratio of 0.67, a current ratio of 0.81 and a debt-to-equity ratio of 2.11. The company has a fifty day moving average price of $245.03 and a 200 day moving average price of $234.40.

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

Union Pacific Announces Dividend

The company 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. This represents a $5.20 annualized dividend and a dividend yield of 2.19%. The ex-dividend date of this dividend was Wednesday, February 28th. Union Pacific’s dividend payout ratio is currently 49.71%.

Insider Activity

In related news, President Elizabeth F. Whited sold 3,750 shares of the firm’s stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $250.00, for a total transaction of $937,500.00. Following the sale, the president now directly owns 56,682 shares in the company, valued at approximately $14,170,500. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.26% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Susquehanna lifted their price target on Union Pacific from $245.00 to $255.00 and gave the stock a “neutral” rating in a report on Thursday, March 28th. JPMorgan Chase & Co. raised their price objective on Union Pacific from $237.00 to $243.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 9th. BMO Capital Markets raised their price objective on Union Pacific from $270.00 to $275.00 and gave the stock an “outperform” rating in a research report on Friday, January 26th. Royal Bank of Canada decreased their price objective on Union Pacific from $282.00 to $272.00 and set an “outperform” rating for the company in a research note on Friday, January 26th. Finally, Raymond James boosted their target price on Union Pacific from $240.00 to $275.00 and gave the company a “strong-buy” rating in a report on Tuesday, January 16th. Seven research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and an average target price of $255.00.

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.