Union Pacific Co. (NYSE:UNP) Shares Bought by Keudell Morrison Wealth Management

Keudell Morrison Wealth Management increased its holdings in Union Pacific Co. (NYSE:UNP) by 8.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 2,033 shares of the railroad operator’s stock after purchasing an additional 162 shares during the period. Keudell Morrison Wealth Management’s holdings in Union Pacific were worth $464,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. International Assets Investment Management LLC increased its holdings in shares of Union Pacific by 19,878.6% during the 3rd quarter. International Assets Investment Management LLC now owns 896,040 shares of the railroad operator’s stock worth $220,856,000 after buying an additional 891,555 shares during the last quarter. Franklin Resources Inc. increased its stake in Union Pacific by 9.3% during the third 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 lifted its stake in shares of Union Pacific by 2,025.4% in the 3rd quarter. Impax Asset Management Group plc now owns 546,236 shares of the railroad operator’s stock valued at $134,636,000 after purchasing an additional 520,536 shares in the last quarter. Jennison Associates LLC grew its holdings in shares of Union Pacific by 170.9% during the 3rd quarter. Jennison Associates LLC now owns 736,246 shares of the railroad operator’s stock worth $181,470,000 after purchasing an additional 464,477 shares during the period. Finally, Assenagon Asset Management S.A. grew its holdings in shares of Union Pacific by 35.8% during the 4th quarter. Assenagon Asset Management S.A. now owns 1,226,100 shares of the railroad operator’s stock worth $279,600,000 after purchasing an additional 323,525 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Trading Up 0.1 %

Shares of NYSE UNP opened at $249.75 on Friday. The stock has a market capitalization of $151.41 billion, a P/E ratio of 22.52, a PEG ratio of 2.16 and a beta of 1.06. The stock’s 50 day moving average price is $235.31 and its two-hundred day moving average price is $240.08. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. Union Pacific Co. has a 52-week low of $218.55 and a 52-week high of $258.66.

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, 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 firm earned $2.71 EPS. On average, analysts anticipate that Union Pacific Co. will post 12.03 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were given a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.15%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific’s dividend payout ratio is presently 48.33%.

Wall Street Analyst Weigh In

UNP has been the subject of several research reports. Benchmark boosted their price objective on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Sanford C. Bernstein lowered their price target on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a report on Wednesday, October 9th. Raymond James reissued a “strong-buy” rating and issued a $285.00 price objective (up from $265.00) on shares of Union Pacific in a research report on Friday, January 24th. Guggenheim increased their target price on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Finally, BMO Capital Markets boosted their price target on Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Eight investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $263.30.

Insider Buying and Selling

In related news, EVP Craig V. Richardson sold 6,495 shares of Union Pacific stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $252.00, for a total value of $1,636,740.00. Following the sale, the executive vice president now directly owns 26,319 shares in the company, valued at $6,632,388. This trade represents a 19.79 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of the company’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 completion of the transaction, the president now owns 64,960 shares of the company’s stock, valued at approximately $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.

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.