Union Pacific Co. (NYSE:UNP) Shares Sold by Glassman Wealth Services

Glassman Wealth Services lowered its stake in shares of Union Pacific Co. (NYSE:UNP) by 9.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,328 shares of the railroad operator’s stock after selling 240 shares during the quarter. Glassman Wealth Services’ holdings in Union Pacific were worth $572,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Valued Wealth Advisors LLC acquired a new stake in shares of Union Pacific during the 4th quarter worth about $28,000. Stuart Chaussee & Associates Inc. purchased a new position in Union Pacific during the fourth quarter worth about $36,000. Fortitude Family Office LLC acquired a new stake in shares of Union Pacific during the fourth quarter valued at about $44,000. USA Financial Formulas raised its stake in shares of Union Pacific by 219.6% in the 4th quarter. USA Financial Formulas now owns 179 shares of the railroad operator’s stock valued at $44,000 after acquiring an additional 123 shares during the period. Finally, Private Wealth Management Group LLC acquired a new position in shares of Union Pacific in the 4th quarter worth approximately $46,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

UNP has been the subject of a number of recent research reports. Jefferies Financial Group initiated coverage on Union Pacific in a report on Monday, April 8th. They issued a “hold” rating and a $250.00 target price for the company. The Goldman Sachs Group lifted their target price on Union Pacific from $248.00 to $274.00 and gave the company a “buy” rating in a report on Thursday, April 11th. StockNews.com upgraded Union Pacific from a “hold” rating to a “buy” rating in a report on Friday, April 26th. Susquehanna lifted their target price on Union Pacific from $255.00 to $270.00 and gave the company a “neutral” rating in a report on Friday, April 26th. Finally, Morgan Stanley raised their price target on Union Pacific from $198.00 to $210.00 and gave the company an “equal weight” rating in a research note on Friday, April 26th. Six investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and a consensus price target of $259.61.

Union Pacific Stock Performance

NYSE:UNP traded down $0.66 during trading hours on Friday, reaching $232.05. 2,305,534 shares of the company’s stock were exchanged, compared to its average volume of 1,876,527. The firm has a market capitalization of $141.58 billion, a price-to-earnings ratio of 22.14, a P/E/G ratio of 1.89 and a beta of 1.06. The company has a 50-day moving average of $240.21 and a 200 day moving average of $239.71. The company has a quick ratio of 0.76, a current ratio of 0.93 and a debt-to-equity ratio of 1.99. Union Pacific Co. has a 1-year low of $190.71 and a 1-year high of $258.66.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, topping analysts’ consensus estimates of $2.50 by $0.19. The firm had revenue of $6.03 billion during the quarter, compared to analysts’ expectations of $5.97 billion. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. Union Pacific’s quarterly revenue was down .4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.67 EPS. Research analysts anticipate that Union Pacific Co. will post 11.25 EPS for the current year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, May 31st will be paid a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a yield of 2.24%. The ex-dividend date is Friday, May 31st. Union Pacific’s dividend payout ratio is currently 49.62%.

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.