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

Daymark Wealth Partners LLC lowered its position in Union Pacific Co. (NYSE:UNP) by 10.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,758 shares of the railroad operator’s stock after selling 2,417 shares during the quarter. Daymark Wealth Partners LLC’s holdings in Union Pacific were worth $5,140,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Union Bancaire Privee UBP SA purchased a new stake in Union Pacific during the fourth quarter worth $20,683,000. Vest Financial LLC raised its position in shares of Union Pacific by 48.8% in the 4th quarter. Vest Financial LLC now owns 4,809 shares of the railroad operator’s stock worth $1,097,000 after acquiring an additional 1,577 shares in the last quarter. Kingsview Wealth Management LLC lifted its stake in shares of Union Pacific by 0.6% during the 4th quarter. Kingsview Wealth Management LLC now owns 23,982 shares of the railroad operator’s stock worth $5,469,000 after purchasing an additional 148 shares during the last quarter. Empowered Funds LLC boosted its position in Union Pacific by 20.7% during the fourth quarter. Empowered Funds LLC now owns 43,410 shares of the railroad operator’s stock valued at $9,899,000 after purchasing an additional 7,432 shares in the last quarter. Finally, WCM Investment Management LLC boosted its position in Union Pacific by 150.7% during the fourth quarter. WCM Investment Management LLC now owns 14,718 shares of the railroad operator’s stock valued at $3,353,000 after purchasing an additional 8,848 shares in the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Stock Up 1.2%

Shares of UNP stock opened at $223.39 on Monday. Union Pacific Co. has a twelve month low of $204.66 and a twelve month high of $258.07. The stock has a market cap of $133.47 billion, a P/E ratio of 20.14, a P/E/G ratio of 2.15 and a beta of 1.05. The stock has a 50 day moving average of $220.25 and a 200 day moving average of $232.17. 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 (NYSE:UNP) last issued its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing analysts’ consensus estimates of $2.73 by ($0.03). Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. The firm had revenue of $6.03 billion for the quarter, compared to analyst estimates of $6.11 billion. During the same period in the previous year, the business earned $2.69 EPS. Union Pacific’s revenue for the quarter was down .1% compared to the same quarter last year. 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 company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, May 30th will be issued a $1.34 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $5.36 dividend on an annualized basis and a yield of 2.40%. Union Pacific’s payout ratio is 48.29%.

Analyst Ratings Changes

UNP has been the subject of several analyst reports. UBS Group decreased their price target on shares of Union Pacific from $255.00 to $245.00 and set a “neutral” rating for the company in a research report on Wednesday, April 2nd. Argus upgraded shares of Union Pacific to a “strong-buy” rating in a research note on Friday, May 16th. Stephens decreased their target price on shares of Union Pacific from $275.00 to $255.00 and set an “overweight” rating for the company in a research report on Monday, April 28th. Wells Fargo & Company cut their price target 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. Finally, Susquehanna reduced their price target on Union Pacific from $255.00 to $245.00 and set a “neutral” rating on the stock in a research report on Friday, April 25th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and a consensus target price of $257.74.

About Union Pacific

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.