Opes Wealth Management LLC Has $263,000 Position in Union Pacific Co. (NYSE:UNP)

Opes Wealth Management LLC reduced its stake in shares of Union Pacific Co. (NYSE:UNP) by 10.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,069 shares of the railroad operator’s stock after selling 125 shares during the quarter. Opes Wealth Management LLC’s holdings in Union Pacific were worth $263,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. BluePath Capital Management LLC acquired a new stake in shares of Union Pacific in the third quarter valued at $25,000. Valued Wealth Advisors LLC acquired a new stake in shares of Union Pacific in the fourth quarter valued at $28,000. Coppell Advisory Solutions Corp. acquired a new stake in shares of Union Pacific in the fourth quarter valued at $32,000. Tyler Stone Wealth Management acquired a new stake in shares of Union Pacific in the second quarter valued at $33,000. Finally, IMA Wealth Inc. acquired a new stake in shares of Union Pacific in the second quarter valued at $37,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have recently weighed in on UNP. StockNews.com lowered Union Pacific from a “buy” rating to a “hold” rating in a research note on Monday, March 18th. The Goldman Sachs Group lifted their price objective on Union Pacific from $248.00 to $274.00 and gave the stock a “buy” rating in a research report on Thursday, April 11th. BMO Capital Markets lifted their price objective on Union Pacific from $270.00 to $275.00 and gave the stock an “outperform” rating in a research report on Friday, January 26th. UBS Group lifted their price objective on Union Pacific from $235.00 to $248.00 and gave the stock a “neutral” rating in a research report on Friday, January 26th. Finally, Benchmark lifted their price objective on Union Pacific from $260.00 to $266.00 and gave the stock a “buy” rating in a research report on Wednesday, April 10th. Eight research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $253.48.

Insider Buying and Selling

In related news, President Elizabeth F. Whited sold 3,750 shares of the business’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $250.00, for a total value of $937,500.00. Following the completion of the sale, the president now directly owns 56,682 shares in the company, valued at approximately $14,170,500. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.28% of the stock is owned by insiders.

Union Pacific Stock Up 0.3 %

Shares of NYSE:UNP traded up $0.58 during trading on Thursday, hitting $229.81. 1,570,052 shares of the company were exchanged, compared to its average volume of 2,303,281. The stock has a market cap of $140.21 billion, a price-to-earnings ratio of 22.05, a P/E/G ratio of 2.50 and a beta of 1.07. Union Pacific Co. has a fifty-two week low of $190.37 and a fifty-two week high of $258.66. The firm has a fifty day moving average price of $246.02 and a two-hundred day moving average price of $233.55. The company has a current ratio of 0.81, a quick ratio of 0.67 and a debt-to-equity ratio of 2.11.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, January 25th. The railroad operator reported $2.71 earnings per share for the quarter, topping analysts’ consensus estimates of $2.56 by $0.15. The business had revenue of $6.16 billion for the quarter, compared to analyst estimates of $6.05 billion. Union Pacific had a return on equity of 46.87% and a net margin of 26.45%. The firm’s revenue was down .3% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.67 EPS. As a group, research analysts anticipate that Union Pacific Co. will post 11.01 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Thursday, February 29th were issued a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.26%. The ex-dividend date was Wednesday, February 28th. Union Pacific’s payout ratio is presently 49.71%.

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.