Union Pacific Co. (NYSE:UNP) is Wilkinson Global Asset Management LLC’s 8th Largest Position

Wilkinson Global Asset Management LLC trimmed its position in Union Pacific Co. (NYSE:UNP) by 0.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 316,540 shares of the railroad operator’s stock after selling 2,839 shares during the period. Union Pacific accounts for 4.4% of Wilkinson Global Asset Management LLC’s portfolio, making the stock its 8th biggest position. Wilkinson Global Asset Management LLC owned approximately 0.05% of Union Pacific worth $72,184,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Exchange Traded Concepts LLC grew its position in Union Pacific by 1,306.3% during the 3rd quarter. Exchange Traded Concepts LLC now owns 450 shares of the railroad operator’s stock valued at $111,000 after purchasing an additional 418 shares during the last quarter. Howard Capital Management Group LLC lifted its stake in shares of Union Pacific by 16.4% in the third quarter. Howard Capital Management Group LLC now owns 2,860 shares of the railroad operator’s stock worth $705,000 after buying an additional 403 shares in the last quarter. Vest Financial LLC grew its holdings in shares of Union Pacific by 108.4% during the third quarter. Vest Financial LLC now owns 3,232 shares of the railroad operator’s stock valued at $797,000 after buying an additional 1,681 shares during the last quarter. Allspring Global Investments Holdings LLC grew its holdings in shares of Union Pacific by 51.4% during the third quarter. Allspring Global Investments Holdings LLC now owns 63,565 shares of the railroad operator’s stock valued at $15,668,000 after buying an additional 21,570 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. increased its position in shares of Union Pacific by 9.1% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 23,037 shares of the railroad operator’s stock valued at $5,678,000 after acquiring an additional 1,914 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have commented on UNP shares. Robert W. Baird increased their target price on Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Benchmark lifted their price objective on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Citigroup upped their target price on shares of Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research note on Friday, January 24th. Royal Bank of Canada dropped their price target on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Finally, Loop Capital downgraded shares of Union Pacific from a “hold” rating to a “sell” rating and lowered their price objective for the company from $265.00 to $200.00 in a research report on Monday, February 3rd. One research analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $261.40.

Union Pacific Stock Performance

NYSE:UNP opened at $251.08 on Wednesday. The stock has a 50-day simple moving average of $236.93 and a two-hundred day simple moving average of $240.52. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. Union Pacific Co. has a 52-week low of $218.55 and a 52-week high of $258.66. The firm has a market capitalization of $151.73 billion, a PE ratio of 22.64, a P/E/G ratio of 2.16 and a beta of 1.06.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 prior year, the firm posted $2.71 earnings per share. Analysts forecast that Union Pacific Co. will post 12.01 EPS for the current year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be given a dividend of $1.34 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $5.36 annualized dividend and a dividend yield of 2.13%. Union Pacific’s payout ratio is 48.33%.

Insider Activity at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 7,500 shares of the 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 completion of the sale, the president now directly owns 64,960 shares of the company’s stock, valued at $16,240,000. This trade represents a 10.35 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Craig V. Richardson sold 6,495 shares of the firm’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 directly owns 26,319 shares of the company’s stock, valued at $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. 0.26% of the stock is owned by corporate insiders.

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.