McMill Wealth Management Invests $962,000 in Union Pacific Co. (NYSE:UNP)

McMill Wealth Management acquired a new stake in Union Pacific Co. (NYSE:UNP - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,220 shares of the railroad operator's stock, valued at approximately $962,000. Union Pacific accounts for about 0.4% of McMill Wealth Management's investment portfolio, making the stock its 29th biggest position.

A number of other hedge funds and other institutional investors have also made changes to their positions in UNP. Compass Financial Services Inc acquired a new stake in shares of Union Pacific in the fourth quarter valued at $25,000. Synergy Asset Management LLC purchased a new stake in Union Pacific during the fourth quarter worth approximately $29,000. EnRich Financial Partners LLC purchased a new position in shares of Union Pacific in the 4th quarter valued at $31,000. PrairieView Partners LLC purchased a new position in shares of Union Pacific during the fourth quarter worth about $34,000. Finally, Strategic Investment Solutions Inc. IL lifted its stake in Union Pacific by 38.8% in the fourth quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator's stock valued at $39,000 after buying an additional 45 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company's stock.

Union Pacific Stock Down 0.5%

NYSE:UNP traded down $1.09 during mid-day trading on Wednesday, hitting $223.26. The company had a trading volume of 886,525 shares, compared to its average volume of 2,640,835. The firm has a market capitalization of $133.39 billion, a price-to-earnings ratio of 20.13, a PEG ratio of 2.15 and a beta of 1.07. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76. Union Pacific Co. has a 1 year low of $204.66 and a 1 year high of $258.07. The business has a fifty day simple moving average of $222.51 and a 200-day simple moving average of $233.07.

Union Pacific (NYSE:UNP - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 earnings per share 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 firm had revenue of $6.03 billion during the quarter, compared to analysts' expectations of $6.11 billion. During the same period in the previous year, the company earned $2.69 earnings per share. The business's quarterly revenue was down .1% on a year-over-year basis. Equities analysts forecast that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be given a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.40%. The ex-dividend date is Friday, May 30th. Union Pacific's payout ratio is currently 48.29%.

Analyst Ratings Changes

Several brokerages have recently weighed in on UNP. Loop Capital downgraded shares of Union Pacific from a "hold" rating to a "sell" rating and decreased their target price for the stock from $265.00 to $200.00 in a research note on Monday, February 3rd. Wells Fargo & Company cut their price target on shares of Union Pacific from $265.00 to $260.00 and set an "overweight" rating for the company in a report on Thursday, March 27th. Bank of America upped their target price on Union Pacific from $256.00 to $262.00 and gave the company a "buy" rating in a report on Friday, May 16th. Barclays reduced their target price on Union Pacific from $285.00 to $260.00 and set an "overweight" rating on the stock in a research note on Friday, April 25th. Finally, Stifel Nicolaus decreased their price target on shares of Union Pacific from $270.00 to $248.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $257.50.

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.