Kestra Private Wealth Services LLC Cuts Stock Position in Union Pacific Co. (NYSE:UNP)

Kestra Private Wealth Services LLC trimmed its position in Union Pacific Co. (NYSE:UNP) by 0.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 48,609 shares of the railroad operator’s stock after selling 124 shares during the period. Kestra Private Wealth Services LLC’s holdings in Union Pacific were worth $11,939,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of UNP. Silver Oak Advisory Group Inc. purchased a new position in Union Pacific during the 4th quarter worth $219,000. Personal CFO Solutions LLC boosted its holdings in Union Pacific by 39.3% in the third quarter. Personal CFO Solutions LLC now owns 1,407 shares of the railroad operator’s stock worth $287,000 after acquiring an additional 397 shares in the last quarter. Nordea Investment Management AB grew its stake in shares of Union Pacific by 46.9% during the fourth quarter. Nordea Investment Management AB now owns 87,905 shares of the railroad operator’s stock worth $21,596,000 after acquiring an additional 28,052 shares during the last quarter. Procyon Advisors LLC increased its holdings in shares of Union Pacific by 48.3% during the fourth quarter. Procyon Advisors LLC now owns 18,512 shares of the railroad operator’s stock valued at $4,547,000 after acquiring an additional 6,031 shares in the last quarter. Finally, Advisor Resource Council purchased a new position in shares of Union Pacific in the 4th quarter valued at approximately $606,000. 80.38% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on UNP. Evercore ISI upped their price target on shares of Union Pacific from $271.00 to $273.00 and gave the company an “outperform” rating in a research note on Friday. Royal Bank of Canada lowered their price target on Union Pacific from $282.00 to $272.00 and set an “outperform” rating for the company in a research report on Friday, January 26th. Sanford C. Bernstein upgraded Union Pacific from a “market perform” rating to an “outperform” rating and set a $280.00 price objective for the company in a research note on Monday, January 22nd. Stifel Nicolaus upped their target price on Union Pacific from $231.00 to $248.00 and gave the company a “hold” rating in a research report on Friday, April 12th. Finally, Morgan Stanley lifted their price objective on shares of Union Pacific from $198.00 to $210.00 and gave the company an “equal weight” rating in a research note on Friday. Seven analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $258.78.

Union Pacific Price Performance

UNP traded down $1.81 during trading on Monday, hitting $240.98. The company’s stock had a trading volume of 1,730,332 shares, compared to its average volume of 2,324,740. The company has a current ratio of 0.93, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99. The firm has a market capitalization of $147.03 billion, a price-to-earnings ratio of 22.99, a P/E/G ratio of 2.61 and a beta of 1.07. The business’s fifty day simple moving average is $244.15 and its 200 day simple moving average is $235.56. Union Pacific Co. has a twelve month low of $190.71 and a twelve month high of $258.66.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, April 25th. The railroad operator reported $2.69 EPS for the quarter, topping the consensus estimate of $2.50 by $0.19. The company had revenue of $6.03 billion during the quarter, compared to analyst estimates of $5.97 billion. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The firm’s revenue was down .4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.67 EPS. On average, equities research analysts forecast that Union Pacific Co. will post 11.08 EPS for the current fiscal year.

Union Pacific Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Thursday, February 29th were paid a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a yield of 2.16%. The ex-dividend date of this dividend was Wednesday, February 28th. Union Pacific’s dividend payout ratio is presently 49.62%.

Insiders Place Their Bets

In related news, President Elizabeth F. Whited sold 3,750 shares of the stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $250.00, for a total value of $937,500.00. Following the completion of the transaction, the president now directly owns 56,682 shares of the company’s stock, valued at approximately $14,170,500. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.26% of the stock is owned by company insiders.

Union Pacific 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.