Robertson Stephens Wealth Management LLC Acquires 228 Shares of Union Pacific Co. (NYSE:UNP)

Robertson Stephens Wealth Management LLC lifted its holdings in Union Pacific Co. (NYSE:UNP) by 3.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,655 shares of the railroad operator’s stock after acquiring an additional 228 shares during the period. Robertson Stephens Wealth Management LLC’s holdings in Union Pacific were worth $1,746,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Brookstone Capital Management lifted its stake in Union Pacific by 1.0% in the third quarter. Brookstone Capital Management now owns 19,239 shares of the railroad operator’s stock worth $4,742,000 after purchasing an additional 196 shares during the last quarter. Sovereign Financial Group Inc. bought a new stake in Union Pacific in the third quarter worth about $210,000. Marcum Wealth LLC lifted its stake in Union Pacific by 4.4% in the third quarter. Marcum Wealth LLC now owns 2,795 shares of the railroad operator’s stock worth $689,000 after purchasing an additional 118 shares during the last quarter. Wedmont Private Capital lifted its stake in Union Pacific by 10.8% in the third quarter. Wedmont Private Capital now owns 4,743 shares of the railroad operator’s stock worth $1,123,000 after purchasing an additional 462 shares during the last quarter. Finally, Sanibel Captiva Trust Company Inc. raised its stake in shares of Union Pacific by 1.8% during the third quarter. Sanibel Captiva Trust Company Inc. now owns 5,602 shares of the railroad operator’s stock valued at $1,381,000 after acquiring an additional 100 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on UNP shares. Raymond James reaffirmed a “strong-buy” rating and set a $285.00 price target (up previously from $265.00) on shares of Union Pacific in a research note on Friday, January 24th. Robert W. Baird lifted their price target on shares of Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Benchmark lifted their price target on shares of Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Wells Fargo & Company decreased their price target on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a research note on Tuesday, January 7th. Finally, Citigroup lifted their price target on shares of Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research note on Friday, January 24th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and a consensus price target of $261.40.

Insider Activity

In other news, EVP Craig V. Richardson sold 6,495 shares of the business’s stock in a transaction on Monday, January 27th. The shares were sold at an average price of $252.00, for a total transaction of $1,636,740.00. Following the sale, the executive vice president now directly owns 26,319 shares of the company’s stock, valued at $6,632,388. The trade was a 19.79 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of the business’s stock in a transaction on Friday, January 24th. The shares were sold at an average price of $250.00, for a total transaction of $1,875,000.00. Following the sale, the president now directly owns 64,960 shares in the company, valued at $16,240,000. This trade represents a 10.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.26% of the company’s stock.

Union Pacific Price Performance

NYSE UNP opened at $243.61 on Friday. The firm’s fifty day simple moving average is $235.23 and its two-hundred day simple moving average is $240.15. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.76. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.66. The firm has a market capitalization of $147.69 billion, a P/E ratio of 21.97, a P/E/G ratio of 2.15 and a beta of 1.06.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.76 by $0.15. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. During the same period last year, the company earned $2.71 EPS. Analysts forecast that Union Pacific Co. will post 12.03 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be issued a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.20%. Union Pacific’s dividend payout ratio (DPR) is presently 48.33%.

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.