GeoWealth Management LLC Sells 530 Shares of Union Pacific Co. (NYSE:UNP)

GeoWealth Management LLC decreased its holdings in shares of Union Pacific Co. (NYSE:UNP) by 15.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,885 shares of the railroad operator’s stock after selling 530 shares during the quarter. GeoWealth Management LLC’s holdings in Union Pacific were worth $658,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the business. Norges Bank bought a new position in shares of Union Pacific in the 4th quarter valued at about $1,927,377,000. Raymond James Financial Inc. purchased a new position in shares of Union Pacific in the 4th quarter worth approximately $1,035,905,000. Geode Capital Management LLC increased its position in shares of Union Pacific by 12.6% during the 4th quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator’s stock valued at $3,282,305,000 after purchasing an additional 1,616,895 shares during the last quarter. Vontobel Holding Ltd. raised its holdings in Union Pacific by 74.7% during the 4th quarter. Vontobel Holding Ltd. now owns 2,146,990 shares of the railroad operator’s stock valued at $489,600,000 after buying an additional 918,248 shares during the period. Finally, Franklin Resources Inc. lifted its position in Union Pacific by 9.3% in the third quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator’s stock worth $1,795,993,000 after buying an additional 625,492 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Up 1.7 %

UNP opened at $220.26 on Monday. Union Pacific Co. has a 12 month low of $204.66 and a 12 month high of $258.07. The stock has a fifty day moving average price of $235.02 and a 200-day moving average price of $236.39. The firm has a market cap of $132.01 billion, a price-to-earnings ratio of 19.86, a PEG ratio of 2.15 and a beta of 1.06. 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 (NYSE:UNP) last released its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, beating analysts’ consensus estimates of $2.76 by $0.15. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. During the same period in the previous year, the company posted $2.71 EPS. As a group, equities research analysts anticipate that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, February 28th were given a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.43%. The ex-dividend date of this dividend was Friday, February 28th. Union Pacific’s payout ratio is presently 48.33%.

Insider Activity

In other news, 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 transaction of $1,875,000.00. Following the sale, the president now owns 64,960 shares in the company, 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 legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Craig V. Richardson sold 6,495 shares of the stock in a transaction that occurred 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 completion of 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. Company insiders own 0.28% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Stifel Nicolaus reduced their target price on shares of Union Pacific from $270.00 to $248.00 and set a “buy” rating on the stock in a research note on Monday, April 14th. Benchmark increased their price objective 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. Wells Fargo & Company dropped their target price on Union Pacific from $265.00 to $260.00 and set an “overweight” rating for the company in a research report on Thursday, March 27th. Loop Capital downgraded 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, Raymond James dropped their price objective on Union Pacific from $285.00 to $260.00 and set a “strong-buy” rating for the company in a report on Friday, April 11th. One analyst has rated the stock with a sell rating, seven have given a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $257.50.

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.