IAG Wealth Partners LLC Sells 75 Shares of Union Pacific Co. (NYSE:UNP)

IAG Wealth Partners LLC trimmed its holdings in Union Pacific Co. (NYSE:UNP) by 37.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 125 shares of the railroad operator’s stock after selling 75 shares during the quarter. IAG Wealth Partners LLC’s holdings in Union Pacific were worth $29,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. Compass Financial Services Inc purchased a new position in Union Pacific in the 4th quarter worth approximately $25,000. Synergy Asset Management LLC purchased a new position in Union Pacific in the fourth quarter worth about $29,000. Peterson Financial Group Inc. bought a new stake in Union Pacific during the third quarter valued at approximately $32,000. Dunhill Financial LLC grew its position in shares of Union Pacific by 111.5% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after acquiring an additional 68 shares during the period. Finally, PrairieView Partners LLC bought a new position in shares of Union Pacific in the fourth quarter worth about $34,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Trading Down 1.3 %

NYSE:UNP opened at $234.36 on Friday. The firm has a fifty day simple moving average of $241.93 and a 200-day simple moving average of $240.85. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.07. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76. The company has a market capitalization of $141.62 billion, a P/E ratio of 21.13, a PEG ratio of 2.15 and a beta of 1.05.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data 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 quarter in the previous year, the business posted $2.71 earnings per share. On average, equities research analysts anticipate that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be paid a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.29%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific’s dividend payout ratio is currently 48.33%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on UNP. Raymond James reiterated a “strong-buy” rating and issued a $285.00 price target (up previously from $265.00) on shares of Union Pacific in a research note on Friday, January 24th. Benchmark lifted their price target on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. BMO Capital Markets upped their price target on shares of Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a report on Friday, January 24th. Deutsche Bank Aktiengesellschaft began coverage on shares of Union Pacific in a research note on Friday, March 7th. They issued a “buy” rating and a $295.00 price target on the stock. Finally, Citigroup increased their price target on Union Pacific from $254.00 to $260.00 and gave the stock a “neutral” rating in a research report on Friday, January 24th. One analyst has rated the stock with a sell rating, seven have given a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $263.00.

Insiders Place Their Bets

In other news, EVP Craig V. Richardson sold 6,495 shares of the firm’s stock in a transaction that occurred 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 in the company, valued at $6,632,388. This trade represents a 19.79 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, President Elizabeth F. Whited sold 7,500 shares of Union Pacific stock in a transaction that occurred on Friday, January 24th. The stock was sold at an average price of $250.00, for a total value of $1,875,000.00. Following the completion of the sale, the president now directly owns 64,960 shares in the company, valued at $16,240,000. This represents a 10.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.26% 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.