Midland Wealth Advisors LLC Sells 637 Shares of Union Pacific Co. (NYSE:UNP)

Midland Wealth Advisors LLC trimmed its stake in Union Pacific Co. (NYSE:UNP) by 19.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,567 shares of the railroad operator’s stock after selling 637 shares during the period. Midland Wealth Advisors LLC’s holdings in Union Pacific were worth $585,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in UNP. Raymond James Financial Inc. acquired a new stake in shares of Union Pacific in the fourth quarter worth $1,035,905,000. Vontobel Holding Ltd. raised its holdings in Union Pacific by 74.7% in the 4th quarter. Vontobel Holding Ltd. now owns 2,146,990 shares of the railroad operator’s stock worth $489,600,000 after acquiring an additional 918,248 shares during the period. Franklin Resources Inc. lifted its position in Union Pacific by 9.3% during the 3rd quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator’s stock worth $1,795,993,000 after acquiring an additional 625,492 shares during the last quarter. Impax Asset Management Group plc boosted its holdings in Union Pacific by 2,025.4% during the third quarter. Impax Asset Management Group plc now owns 546,236 shares of the railroad operator’s stock valued at $134,636,000 after acquiring an additional 520,536 shares during the period. Finally, Proficio Capital Partners LLC grew its position in shares of Union Pacific by 33,228.4% in the fourth quarter. Proficio Capital Partners LLC now owns 504,258 shares of the railroad operator’s stock valued at $114,991,000 after purchasing an additional 502,745 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Performance

NYSE UNP opened at $249.84 on Monday. The firm has a market cap of $150.98 billion, a price-to-earnings ratio of 22.53, a PEG ratio of 2.15 and a beta of 1.05. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76. Union Pacific Co. has a 1-year low of $218.55 and a 1-year high of $258.07. The company has a 50 day moving average of $241.04 and a 200-day moving average of $240.95.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data 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 business posted $2.71 earnings per share. On average, equities analysts forecast that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

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

Insider Transactions at Union Pacific

In other news, EVP Craig V. Richardson sold 6,495 shares of Union Pacific stock in a transaction on Monday, January 27th. The stock was sold at an average price of $252.00, for a total value of $1,636,740.00. Following the completion of the sale, the executive vice president now directly owns 26,319 shares of the company’s stock, valued at approximately $6,632,388. This trade represents a 19.79 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of the company’s stock in a transaction on Friday, January 24th. The shares were 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 in the company, valued at $16,240,000. This trade represents a 10.35 % decrease in their position. The disclosure for this sale can be found here. 0.28% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

UNP has been the subject of several research analyst reports. Wells Fargo & Company cut their price objective on Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a research report on Tuesday, January 7th. Benchmark upped their price target on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, January 24th. BMO Capital Markets raised their price objective on shares of Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. Loop Capital downgraded shares of Union Pacific from a “hold” rating to a “sell” rating and reduced their price target for the company from $265.00 to $200.00 in a report on Monday, February 3rd. Finally, Robert W. Baird boosted their price objective on shares of Union Pacific from $260.00 to $265.00 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 assigned a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $263.00.

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.