Visionary Wealth Advisors Trims Holdings in Union Pacific Co. (NYSE:UNP)

Visionary Wealth Advisors trimmed its position in Union Pacific Co. (NYSE:UNP) by 4.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,211 shares of the railroad operator’s stock after selling 184 shares during the quarter. Visionary Wealth Advisors’ holdings in Union Pacific were worth $960,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the company. Geode Capital Management LLC raised its stake in shares of Union Pacific by 12.6% in the fourth quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator’s stock worth $3,282,305,000 after purchasing an additional 1,616,895 shares during the last quarter. Capital Research Global Investors raised its position in Union Pacific by 14.3% during the fourth quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator’s stock valued at $2,370,559,000 after acquiring an additional 1,298,178 shares in the last quarter. Norges Bank purchased a new position in Union Pacific during the fourth quarter valued at approximately $1,927,377,000. Franklin Resources Inc. raised its position in Union Pacific by 5.0% during the fourth quarter. Franklin Resources Inc. now owns 7,686,387 shares of the railroad operator’s stock valued at $1,752,804,000 after acquiring an additional 363,937 shares in the last quarter. Finally, Northern Trust Corp raised its position in Union Pacific by 15.2% during the fourth quarter. Northern Trust Corp now owns 6,962,650 shares of the railroad operator’s stock valued at $1,587,763,000 after acquiring an additional 920,414 shares in the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts recently weighed in on UNP shares. TD Cowen lifted 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. Susquehanna dropped their price objective on Union Pacific from $255.00 to $245.00 and set a “neutral” rating on the stock in a report on Friday, April 25th. Redburn Atlantic raised Union Pacific from a “neutral” rating to a “buy” rating and set a $259.00 price target on the stock in a research note on Wednesday, April 16th. Stifel Nicolaus lowered their price target on Union Pacific from $270.00 to $248.00 and set a “buy” rating on the stock in a research note on Monday, April 14th. Finally, Loop Capital lowered Union Pacific from a “hold” rating to a “sell” rating and lowered their price target for the stock from $265.00 to $200.00 in a research note on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Union Pacific currently has an average rating of “Moderate Buy” and a consensus price target of $257.50.

Union Pacific Stock Performance

Shares of Union Pacific stock opened at $228.35 on Wednesday. Union Pacific Co. has a 52 week low of $204.66 and a 52 week high of $258.07. The business’s fifty day simple moving average is $223.88 and its 200-day simple moving average is $233.63. The firm has a market cap of $136.43 billion, a PE ratio of 20.59, a price-to-earnings-growth ratio of 2.15 and a beta of 1.07. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing the consensus estimate of $2.73 by ($0.03). Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The business had revenue of $6.03 billion during the quarter, compared to analyst estimates of $6.11 billion. During the same period last year, the company earned $2.69 EPS. The business’s revenue for the quarter was down .1% on a year-over-year basis. Equities analysts forecast that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be paid a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.35%. The ex-dividend date is Friday, May 30th. Union Pacific’s dividend payout ratio (DPR) is presently 48.29%.

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.