180 Wealth Advisors LLC decreased its position in shares of Union Pacific Co. (NYSE:UNP) by 3.3% during the 4th quarter, HoldingsChannel reports. The fund owned 7,058 shares of the railroad operator’s stock after selling 243 shares during the quarter. 180 Wealth Advisors LLC’s holdings in Union Pacific were worth $1,276,000 at the end of the most recent quarter.
Several other hedge funds have also recently made changes to their positions in the company. Fulcrum Capital LLC purchased a new stake in Union Pacific in the 3rd quarter valued at about $553,000. Selective Wealth Management Inc. purchased a new stake in Union Pacific in the 3rd quarter valued at about $25,000. River & Mercantile Asset Management LLP purchased a new stake in Union Pacific in the 2nd quarter valued at about $29,000. Transamerica Financial Advisors Inc. purchased a new stake in Union Pacific in the 2nd quarter valued at about $31,000. Finally, Financial Gravity Wealth Inc. raised its holdings in Union Pacific by 78.8% in the 3rd quarter. Financial Gravity Wealth Inc. now owns 186 shares of the railroad operator’s stock valued at $30,000 after buying an additional 82 shares during the period. 77.55% of the stock is currently owned by hedge funds and other institutional investors.
NYSE:UNP traded up $1.11 on Friday, reaching $185.01. 46,473 shares of the company’s stock were exchanged, compared to its average volume of 2,954,473. The company has a quick ratio of 0.72, a current ratio of 0.89 and a debt-to-equity ratio of 1.35. The firm has a market capitalization of $127.66 billion, a price-to-earnings ratio of 23.38, a price-to-earnings-growth ratio of 1.91 and a beta of 1.08. The business has a fifty day moving average of $177.81 and a 200-day moving average of $170.70. Union Pacific Co. has a 52-week low of $149.09 and a 52-week high of $184.17.
Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, October 17th. The railroad operator reported $2.22 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $2.29 by ($0.07). The business had revenue of $5.52 billion for the quarter, compared to analysts’ expectations of $5.65 billion. Union Pacific had a return on equity of 32.65% and a net margin of 27.28%. The firm’s revenue for the quarter was down 7.0% on a year-over-year basis. During the same quarter last year, the company earned $2.15 earnings per share. As a group, equities analysts anticipate that Union Pacific Co. will post 8.48 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, November 29th were paid a dividend of $0.97 per share. The ex-dividend date of this dividend was Wednesday, November 27th. This represents a $3.88 dividend on an annualized basis and a yield of 2.10%. Union Pacific’s dividend payout ratio (DPR) is presently 49.05%.
In related news, EVP Elizabeth F. Whited sold 5,342 shares of the company’s stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $171.62, for a total transaction of $916,794.04. Following the sale, the executive vice president now directly owns 63,021 shares in the company, valued at $10,815,664.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 9.96% of the stock is currently owned by corporate insiders.
Several analysts recently issued reports on UNP shares. Wells Fargo & Co started coverage on shares of Union Pacific in a report on Monday, October 28th. They issued a “market perform” rating and a $162.00 price objective on the stock. TD Securities reduced their price objective on shares of Union Pacific from $175.00 to $170.00 and set a “hold” rating on the stock in a report on Friday, October 18th. Zacks Investment Research lowered shares of Union Pacific from a “hold” rating to a “sell” rating and set a $192.00 price objective on the stock. in a report on Monday, December 30th. Ardour Capital upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating in a report on Tuesday. Finally, UBS Group cut their price target on shares of Union Pacific from $193.00 to $184.00 and set a “buy” rating on the stock in a research note on Friday, October 18th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and twelve have issued a buy rating to the company. Union Pacific currently has a consensus rating of “Hold” and an average price target of $180.68.
Union Pacific Profile
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.
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