Daymark Wealth Partners LLC Sells 2,417 Shares of Union Pacific Co. (NYSE:UNP)

Daymark Wealth Partners LLC decreased its stake in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 10.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,758 shares of the railroad operator's stock after selling 2,417 shares during the period. Daymark Wealth Partners LLC's holdings in Union Pacific were worth $5,140,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Geode Capital Management LLC lifted its holdings in shares of Union Pacific by 12.6% in the fourth quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator's stock valued at $3,282,305,000 after buying an additional 1,616,895 shares during the period. Capital Research Global Investors raised its position in Union Pacific by 14.3% in the fourth quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator's stock worth $2,370,559,000 after acquiring an additional 1,298,178 shares in the last quarter. Norges Bank acquired a new stake in Union Pacific in the 4th quarter valued at about $1,927,377,000. Franklin Resources Inc. boosted its position in shares of Union Pacific by 5.0% during the 4th quarter. Franklin Resources Inc. now owns 7,686,387 shares of the railroad operator's stock valued at $1,752,804,000 after purchasing an additional 363,937 shares in the last quarter. Finally, Northern Trust Corp boosted its position in shares of Union Pacific by 15.2% during the 4th quarter. Northern Trust Corp now owns 6,962,650 shares of the railroad operator's stock valued at $1,587,763,000 after purchasing an additional 920,414 shares in the last quarter. Institutional investors own 80.38% of the company's stock.

Union Pacific Stock Up 0.3%

Shares of NYSE:UNP traded up $0.62 during midday trading on Monday, hitting $224.05. 3,097,206 shares of the stock were exchanged, compared to its average volume of 2,680,311. The company has a market capitalization of $133.87 billion, a PE ratio of 20.20, a P/E/G ratio of 2.15 and a beta of 1.05. Union Pacific Co. has a 52-week low of $204.66 and a 52-week high of $258.07. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. The business's fifty day simple moving average is $220.25 and its two-hundred day simple moving average is $232.17.

Union Pacific (NYSE:UNP - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing the consensus estimate of $2.73 by ($0.03). Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. The business had revenue of $6.03 billion for the quarter, compared to analyst estimates of $6.11 billion. During the same quarter last year, the company earned $2.69 EPS. The business's revenue for the quarter was down .1% compared to the same quarter last year. As a group, research analysts predict that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, May 30th will be issued a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a yield of 2.39%. The ex-dividend date is Friday, May 30th. Union Pacific's dividend payout ratio (DPR) is 48.29%.

Analyst Ratings Changes

UNP has been the topic of a number of research reports. Redburn Atlantic upgraded shares of Union Pacific from a "neutral" rating to a "buy" rating and set a $259.00 target price on the stock in a report on Wednesday, April 16th. Argus raised Union Pacific to a "strong-buy" rating in a report on Friday, May 16th. The Goldman Sachs Group reiterated a "neutral" rating and set a $263.00 price objective on shares of Union Pacific in a research report on Monday, June 2nd. Barclays decreased their target price on Union Pacific from $285.00 to $260.00 and set an "overweight" rating on the stock in a report on Friday, April 25th. Finally, Stephens cut their target price on Union Pacific from $275.00 to $255.00 and set an "overweight" rating on the stock in a research report on Monday, April 28th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $257.74.

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.