Union Pacific Co. (NYSE:UNP) Shares Sold by RKL Wealth Management LLC

RKL Wealth Management LLC lowered its stake in Union Pacific Co. (NYSE:UNP) by 8.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 18,361 shares of the railroad operator’s stock after selling 1,684 shares during the quarter. RKL Wealth Management LLC’s holdings in Union Pacific were worth $4,187,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Howard Capital Management Group LLC lifted its holdings in Union Pacific by 16.4% in the 3rd quarter. Howard Capital Management Group LLC now owns 2,860 shares of the railroad operator’s stock valued at $705,000 after purchasing an additional 403 shares in the last quarter. Impax Asset Management Group plc lifted its holdings in Union Pacific by 2,025.4% in the 3rd quarter. Impax Asset Management Group plc now owns 546,236 shares of the railroad operator’s stock valued at $134,636,000 after purchasing an additional 520,536 shares in the last quarter. Catalyst Capital Advisors LLC purchased a new position in Union Pacific in the 3rd quarter valued at $30,000. Principal Financial Group Inc. lifted its holdings in Union Pacific by 4.4% in the 3rd quarter. Principal Financial Group Inc. now owns 927,992 shares of the railroad operator’s stock valued at $228,732,000 after purchasing an additional 39,014 shares in the last quarter. Finally, Kornitzer Capital Management Inc. KS lifted its holdings in Union Pacific by 0.3% in the 3rd quarter. Kornitzer Capital Management Inc. KS now owns 29,158 shares of the railroad operator’s stock valued at $7,187,000 after purchasing an additional 73 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Insider Buying and Selling at Union Pacific

In other news, EVP Craig V. Richardson sold 6,495 shares of the business’s stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $252.00, for a total transaction of $1,636,740.00. Following the completion of the transaction, the executive vice president now directly owns 26,319 shares of the company’s stock, valued at approximately $6,632,388. The trade was a 19.79 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, President Elizabeth F. Whited sold 7,500 shares of the business’s stock in a transaction dated Friday, January 24th. The stock was sold at an average price of $250.00, for a total value of $1,875,000.00. Following the transaction, the president now directly owns 64,960 shares of the company’s stock, valued at approximately $16,240,000. This represents a 10.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Wells Fargo & Company decreased their price objective on Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a report on Tuesday, January 7th. TD Cowen lifted their price target on Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Raymond James reiterated a “strong-buy” rating and set a $285.00 price target (up previously from $265.00) on shares of Union Pacific in a report on Friday, January 24th. Loop Capital lowered Union Pacific from a “hold” rating to a “sell” rating and reduced their price target for the stock from $265.00 to $200.00 in a report on Monday, February 3rd. Finally, BMO Capital Markets lifted their price target on Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $263.00.

Union Pacific Stock Performance

NYSE UNP opened at $249.84 on Friday. The company has a market cap of $150.98 billion, a P/E ratio of 22.53, a P/E/G ratio of 2.15 and a beta of 1.05. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. The stock has a 50-day moving average of $241.04 and a two-hundred day moving average of $241.02. Union Pacific Co. has a 1-year low of $218.55 and a 1-year high of $258.07.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share 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 anticipate that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be given a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.15%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific’s dividend payout ratio is currently 48.33%.

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.