David Wealth Management LLC Takes $390,000 Position in Union Pacific Co. (NYSE:UNP)

David Wealth Management LLC purchased a new stake in Union Pacific Co. (NYSE:UNP) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,709 shares of the railroad operator’s stock, valued at approximately $390,000. Union Pacific comprises about 0.3% of David Wealth Management LLC’s investment portfolio, making the stock its 28th largest position.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in UNP. Compass Financial Services Inc acquired a new stake in Union Pacific in the fourth quarter valued at about $25,000. Synergy Asset Management LLC acquired a new stake in Union Pacific in the fourth quarter valued at $29,000. Catalyst Capital Advisors LLC purchased a new stake in shares of Union Pacific during the 3rd quarter worth $30,000. Jamison Private Wealth Management Inc. grew its stake in shares of Union Pacific by 265.7% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 93 shares during the period. Finally, Peterson Financial Group Inc. purchased a new position in shares of Union Pacific in the 3rd quarter valued at about $32,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on UNP. Susquehanna decreased their price objective on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Loop Capital lowered Union Pacific from a “hold” rating to a “sell” rating and decreased their price target for the stock from $265.00 to $200.00 in a research note on Monday, February 3rd. Raymond James restated a “strong-buy” rating and issued a $285.00 price target (up previously from $265.00) on shares of Union Pacific in a report on Friday, January 24th. Citigroup lifted their price target on Union Pacific from $254.00 to $260.00 and gave the stock a “neutral” rating in a research note on Friday, January 24th. Finally, Guggenheim lifted their target price on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus price target of $261.40.

Insiders Place Their Bets

In other Union Pacific news, President Elizabeth F. Whited sold 7,500 shares of Union Pacific stock in a transaction that occurred on 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 directly owns 64,960 shares in the company, valued at $16,240,000. The trade was a 10.35 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Craig V. Richardson sold 6,495 shares of the company’s stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $252.00, for a total value of $1,636,740.00. Following the completion of the transaction, the executive vice president now directly owns 26,319 shares in the company, valued at approximately $6,632,388. The trade was a 19.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.28% of the stock is owned by company insiders.

Union Pacific Price Performance

Union Pacific stock opened at $247.81 on Wednesday. The firm has a fifty day moving average of $235.21 and a 200-day moving average of $240.25. Union Pacific Co. has a 52-week low of $218.55 and a 52-week high of $258.66. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. The firm has a market capitalization of $150.24 billion, a P/E ratio of 22.35, a PEG ratio of 2.11 and a beta of 1.06.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, beating the consensus estimate 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 period in the prior year, the company posted $2.71 earnings per share. As a group, analysts predict that Union Pacific Co. will post 12.01 EPS for the current year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be given a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a yield of 2.16%. The ex-dividend date is Friday, February 28th. Union Pacific’s dividend payout ratio (DPR) is presently 48.33%.

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.