Western Wealth Management LLC Reduces Stake in Union Pacific Co. (NYSE:UNP)

Western Wealth Management LLC lessened its holdings in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 44.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,623 shares of the railroad operator's stock after selling 4,535 shares during the quarter. Western Wealth Management LLC's holdings in Union Pacific were worth $1,282,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Beaumont Financial Advisors LLC grew its holdings in Union Pacific by 3.8% during the 4th quarter. Beaumont Financial Advisors LLC now owns 4,067 shares of the railroad operator's stock worth $928,000 after acquiring an additional 147 shares during the period. Simon Quick Advisors LLC boosted its stake in Union Pacific by 16.3% during the 4th quarter. Simon Quick Advisors LLC now owns 3,826 shares of the railroad operator's stock valued at $873,000 after purchasing an additional 537 shares during the last quarter. Sharp Financial Services LLC lifted its position in shares of Union Pacific by 21.9% during the 4th quarter. Sharp Financial Services LLC now owns 2,506 shares of the railroad operator's stock worth $571,000 after buying an additional 450 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of Union Pacific by 6.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 220,344 shares of the railroad operator's stock worth $50,247,000 after buying an additional 13,356 shares in the last quarter. Finally, Rothschild & Co Wealth Management UK Ltd bought a new position in shares of Union Pacific during the 4th quarter worth approximately $6,080,000. Institutional investors and hedge funds own 80.38% of the company's stock.

Union Pacific Trading Up 1.0%

NYSE UNP traded up $2.16 during trading on Tuesday, hitting $224.27. 2,613,023 shares of the company's stock traded hands, compared to its average volume of 2,647,693. The stock has a fifty day moving average of $222.72 and a two-hundred day moving average of $233.13. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. Union Pacific Co. has a 12-month low of $204.66 and a 12-month high of $258.07. The firm has a market cap of $134.00 billion, a P/E ratio of 20.22, a PEG ratio of 2.15 and a beta of 1.07.

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

Union Pacific Dividend Announcement

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

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Susquehanna dropped their price objective on Union Pacific from $255.00 to $245.00 and set a "neutral" rating on the stock in a research note on Friday, April 25th. Citigroup raised shares of Union Pacific from a "neutral" rating to a "buy" rating and lowered their target price for the company from $260.00 to $244.00 in a report on Tuesday, April 8th. Wells Fargo & Company lowered their target price on shares of Union Pacific from $265.00 to $260.00 and set an "overweight" rating on the stock in a report on Thursday, March 27th. UBS Group lowered their target price on shares of Union Pacific from $255.00 to $245.00 and set a "neutral" rating on the stock in a report on Wednesday, April 2nd. Finally, Barclays lowered their target price on shares of Union Pacific from $285.00 to $260.00 and set an "overweight" rating on the stock in a report on Friday, April 25th. One research analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Union Pacific currently has an average rating of "Moderate Buy" and a consensus target price of $257.50.

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.