Union Pacific Co. (NYSE:UNP) Shares Purchased by Concord Wealth Partners

Concord Wealth Partners raised its position in Union Pacific Co. (NYSE:UNP) by 6.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,682 shares of the railroad operator’s stock after buying an additional 782 shares during the period. Concord Wealth Partners’ holdings in Union Pacific were worth $3,120,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Traveka Wealth LLC grew its stake in Union Pacific by 3.4% during the third quarter. Traveka Wealth LLC now owns 1,357 shares of the railroad operator’s stock worth $335,000 after buying an additional 45 shares during the period. Red Mountain Financial LLC increased its position in shares of Union Pacific by 2.0% during the third quarter. Red Mountain Financial LLC now owns 2,276 shares of the railroad operator’s stock worth $561,000 after acquiring an additional 45 shares during the last quarter. Roble Belko & Company Inc boosted its holdings in Union Pacific by 26.8% in the fourth quarter. Roble Belko & Company Inc now owns 213 shares of the railroad operator’s stock valued at $49,000 after purchasing an additional 45 shares during the last quarter. Pflug Koory LLC grew its position in shares of Union Pacific by 0.5% during the fourth quarter. Pflug Koory LLC now owns 8,569 shares of the railroad operator’s stock worth $1,954,000 after buying an additional 45 shares in the last quarter. Finally, Baron Wealth Management LLC boosted its stake in Union Pacific by 3.3% during the 4th quarter. Baron Wealth Management LLC now owns 1,409 shares of the railroad operator’s stock valued at $321,000 after acquiring an additional 45 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Down 0.8 %

Union Pacific stock opened at $247.85 on Friday. The company’s 50-day moving average price is $235.41 and its two-hundred day moving average price is $240.16. The stock has a market cap of $150.26 billion, a price-to-earnings ratio of 22.35, a PEG ratio of 2.16 and a beta of 1.06. Union Pacific Co. has a 52 week low of $218.55 and a 52 week high of $258.66. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.76.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, topping 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 quarter in the previous year, the business earned $2.71 EPS. On average, analysts expect that Union Pacific Co. will post 12.03 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were issued a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.16%. The ex-dividend date was Monday, December 9th. Union Pacific’s payout ratio is 48.33%.

Analyst Ratings Changes

UNP has been the topic of a number of recent analyst reports. Royal Bank of Canada cut their target price on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Benchmark upped their price target on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, January 24th. BMO Capital Markets lifted their price objective on shares of Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. Raymond James reissued a “strong-buy” rating and set a $285.00 target price (up from $265.00) on shares of Union Pacific in a report on Friday, January 24th. Finally, Barclays lifted their price target on shares of Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a report on Wednesday, November 13th. Eight investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $263.30.

Insider Transactions at Union Pacific

In related news, President Elizabeth F. Whited sold 7,500 shares of the business’s stock in a transaction that occurred on Friday, January 24th. The shares were sold at an average price of $250.00, for a total transaction 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. The trade was a 10.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Craig V. Richardson sold 6,495 shares of the business’s stock in a transaction on Monday, January 27th. The shares were sold at an average price of $252.00, for a total transaction of $1,636,740.00. Following the transaction, the executive vice president now owns 26,319 shares in the company, valued at approximately $6,632,388. This represents 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 currently owned by insiders.

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.