Institute for Wealth Management LLC. Sells 78 Shares of Union Pacific Co. (NYSE:UNP)

Institute for Wealth Management LLC. reduced its holdings in shares of Union Pacific Co. (NYSE:UNP) by 1.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,990 shares of the railroad operator’s stock after selling 78 shares during the quarter. Institute for Wealth Management LLC.’s holdings in Union Pacific were worth $1,138,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Strategic Investment Solutions Inc. IL acquired a new position in shares of Union Pacific during the second quarter worth $28,000. Synergy Asset Management LLC acquired a new position in Union Pacific in the 4th quarter worth about $29,000. Catalyst Capital Advisors LLC acquired a new stake in shares of Union Pacific during the third quarter valued at about $30,000. Jamison Private Wealth Management Inc. boosted its stake in shares of Union Pacific by 265.7% during the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after purchasing an additional 93 shares in the last quarter. Finally, Peterson Financial Group Inc. bought a new stake in shares of Union Pacific during the third quarter worth about $32,000. Institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Up 0.1 %

Shares of Union Pacific stock opened at $249.75 on Friday. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.76. The stock has a fifty day simple moving average of $235.09 and a 200 day simple moving average of $240.01. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.66. The company has a market capitalization of $151.41 billion, a P/E ratio of 22.52, a price-to-earnings-growth ratio of 2.16 and a beta of 1.06.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, beating 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 period in the prior year, the company earned $2.71 earnings per share. On average, sell-side 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 announced a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were paid a $1.34 dividend. The ex-dividend date was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.15%. Union Pacific’s payout ratio is presently 48.33%.

Wall Street Analysts Forecast Growth

UNP has been the topic of several recent research reports. BMO Capital Markets lifted their target price on shares of Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Sanford C. Bernstein decreased their price objective on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a report on Wednesday, October 9th. Guggenheim increased their price target on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Citigroup upped their target price on Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a report on Friday, January 24th. Finally, TD Cowen raised their price target on shares of Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Eight investment analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Union Pacific has an average rating of “Moderate Buy” and a consensus price target of $263.30.

Insider Activity

In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of the business’s stock in a transaction on Monday, January 27th. The stock was sold at an average price of $252.00, for a total value of $1,636,740.00. Following the transaction, the executive vice president now owns 26,319 shares of the company’s stock, valued at approximately $6,632,388. The trade was a 19.79 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, President Elizabeth F. Whited sold 7,500 shares of the firm’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 directly owns 64,960 shares of the company’s stock, valued at approximately $16,240,000. This represents a 10.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.28% of the stock is currently 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.