Union Pacific Co. (NYSE:UNP) Shares Sold by Williams Jones Wealth Management LLC.

Williams Jones Wealth Management LLC. lessened its stake in shares of Union Pacific Co. (NYSE:UNP) by 4.7% during the fourth quarter, HoldingsChannel reports. The firm owned 32,321 shares of the railroad operator’s stock after selling 1,601 shares during the period. Williams Jones Wealth Management LLC.’s holdings in Union Pacific were worth $7,370,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of UNP. Diversify Wealth Management LLC lifted its stake in shares of Union Pacific by 67.2% during the fourth quarter. Diversify Wealth Management LLC now owns 10,451 shares of the railroad operator’s stock worth $2,354,000 after purchasing an additional 4,201 shares in the last quarter. Sky Investment Group LLC lifted its stake in shares of Union Pacific by 17.9% during the fourth quarter. Sky Investment Group LLC now owns 6,273 shares of the railroad operator’s stock worth $1,430,000 after purchasing an additional 954 shares in the last quarter. Koshinski Asset Management Inc. lifted its stake in shares of Union Pacific by 1.2% during the fourth quarter. Koshinski Asset Management Inc. now owns 6,155 shares of the railroad operator’s stock worth $1,404,000 after purchasing an additional 72 shares in the last quarter. New Hampshire Trust lifted its stake in shares of Union Pacific by 0.4% during the fourth quarter. New Hampshire Trust now owns 18,532 shares of the railroad operator’s stock worth $4,226,000 after purchasing an additional 75 shares in the last quarter. Finally, Addenda Capital Inc. lifted its stake in shares of Union Pacific by 0.9% during the fourth quarter. Addenda Capital Inc. now owns 26,340 shares of the railroad operator’s stock worth $6,007,000 after purchasing an additional 225 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Down 0.5%

Shares of Union Pacific stock opened at $228.35 on Wednesday. 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 cap of $136.43 billion, a P/E ratio of 20.59, a P/E/G ratio of 2.15 and a beta of 1.07. Union Pacific Co. has a fifty-two week low of $204.66 and a fifty-two week high of $258.07. The business has a 50-day moving average price of $223.88 and a 200 day moving average price of $233.63.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing analysts’ consensus estimates of $2.73 by ($0.03). Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The company had revenue of $6.03 billion during the quarter, compared to analyst estimates of $6.11 billion. During the same quarter in the previous year, the firm earned $2.69 earnings per share. The business’s revenue was down .1% on a year-over-year basis. On average, sell-side analysts forecast that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, May 30th will be paid a $1.34 dividend. The ex-dividend date is Friday, May 30th. This represents a $5.36 dividend on an annualized basis and a yield of 2.35%. Union Pacific’s payout ratio is currently 48.29%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on UNP shares. Barclays dropped their target price on Union Pacific from $285.00 to $260.00 and set an “overweight” rating on the stock in a research report on Friday, April 25th. Stifel Nicolaus dropped their target price on Union Pacific from $270.00 to $248.00 and set a “buy” rating on the stock in a research report on Monday, April 14th. Deutsche Bank Aktiengesellschaft started coverage on Union Pacific in a research report on Friday, March 7th. They set a “buy” rating and a $295.00 target price on the stock. Benchmark lifted their target price on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Finally, Redburn Atlantic raised Union Pacific from a “neutral” rating to a “buy” rating and set a $259.00 target price on the stock in a research report on Wednesday, April 16th. One analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and an average target price of $257.50.

About Union Pacific

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.