Crowley Wealth Management Inc. Acquires New Shares in Union Pacific Co. (NYSE:UNP)

Crowley Wealth Management Inc. purchased a new position in Union Pacific Co. (NYSE:UNP) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 375 shares of the railroad operator’s stock, valued at approximately $86,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Raymond James Financial Inc. acquired a new position in shares of Union Pacific during the 4th quarter worth about $1,035,905,000. Vontobel Holding Ltd. raised its holdings in Union Pacific by 74.7% in the 4th quarter. Vontobel Holding Ltd. now owns 2,146,990 shares of the railroad operator’s stock valued at $489,600,000 after acquiring an additional 918,248 shares in the last quarter. Franklin Resources Inc. raised its holdings in Union Pacific by 9.3% in the 3rd quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator’s stock valued at $1,795,993,000 after acquiring an additional 625,492 shares in the last quarter. Proficio Capital Partners LLC raised its stake in shares of Union Pacific by 33,228.4% in the fourth quarter. Proficio Capital Partners LLC now owns 504,258 shares of the railroad operator’s stock valued at $114,991,000 after purchasing an additional 502,745 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its stake in shares of Union Pacific by 35.8% in the fourth quarter. Assenagon Asset Management S.A. now owns 1,226,100 shares of the railroad operator’s stock valued at $279,600,000 after purchasing an additional 323,525 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Down 0.4 %

NYSE:UNP opened at $233.79 on Monday. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.07. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. The firm has a market capitalization of $141.28 billion, a P/E ratio of 21.08, a P/E/G ratio of 2.15 and a beta of 1.05. The stock’s fifty day simple moving average is $242.68 and its 200-day simple moving average is $239.94.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, topping the consensus estimate 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 quarter last year, the business posted $2.71 EPS. Equities research analysts expect that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be issued a $1.34 dividend. The ex-dividend date is Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.29%. Union Pacific’s dividend payout ratio (DPR) is 48.33%.

Wall Street Analysts Forecast Growth

UNP has been the subject of a number of recent research reports. Citigroup increased their price objective 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. Benchmark raised their price target 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. Guggenheim upped their price objective on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Stifel Nicolaus raised their target price on Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Finally, Deutsche Bank Aktiengesellschaft began coverage on Union Pacific in a research report on Friday, March 7th. They issued a “buy” rating and a $295.00 price target on the stock. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $263.00.

Insider Activity

In other news, President Elizabeth F. Whited sold 7,500 shares of the business’s stock in a transaction on Friday, January 24th. The shares were sold at an average price of $250.00, for a total value of $1,875,000.00. Following the sale, the president now owns 64,960 shares of the company’s stock, valued at $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 can be accessed through the SEC website. Also, EVP Craig V. Richardson sold 6,495 shares of the business’s stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $252.00, for a total transaction 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 ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.28% of the company’s stock.

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.