Good Life Advisors LLC Trims Holdings in Union Pacific Co. (NYSE:UNP)

Good Life Advisors LLC trimmed its stake in shares of Union Pacific Co. (NYSE:UNP) by 14.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,490 shares of the railroad operator’s stock after selling 603 shares during the quarter. Good Life Advisors LLC’s holdings in Union Pacific were worth $796,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Exchange Traded Concepts LLC grew its stake in Union Pacific by 1,306.3% during the third quarter. Exchange Traded Concepts LLC now owns 450 shares of the railroad operator’s stock valued at $111,000 after acquiring an additional 418 shares in the last quarter. Howard Capital Management Group LLC grew its position in shares of Union Pacific by 16.4% during the 3rd quarter. Howard Capital Management Group LLC now owns 2,860 shares of the railroad operator’s stock valued at $705,000 after purchasing an additional 403 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in shares of Union Pacific by 51.4% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 63,565 shares of the railroad operator’s stock valued at $15,668,000 after purchasing an additional 21,570 shares in the last quarter. Foundations Investment Advisors LLC raised its position in shares of Union Pacific by 7.1% in the third quarter. Foundations Investment Advisors LLC now owns 2,875 shares of the railroad operator’s stock worth $709,000 after buying an additional 190 shares in the last quarter. Finally, Sequoia Financial Advisors LLC boosted its stake in Union Pacific by 22.8% during the third quarter. Sequoia Financial Advisors LLC now owns 24,723 shares of the railroad operator’s stock valued at $6,094,000 after buying an additional 4,586 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Down 1.7 %

UNP stock opened at $247.02 on Thursday. The company has a market capitalization of $149.27 billion, a price-to-earnings ratio of 22.27, a price-to-earnings-growth ratio of 2.16 and a beta of 1.06. The business’s 50 day moving average price is $237.20 and its two-hundred day moving average price is $240.57. Union Pacific Co. has a fifty-two week low of $218.55 and a fifty-two week high of $258.66. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, topping the consensus estimate of $2.76 by $0.15. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. During the same period in the prior year, the business posted $2.71 earnings per share. As a group, analysts forecast that Union Pacific Co. will post 12.01 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be issued a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.17%. The ex-dividend date is Friday, February 28th. Union Pacific’s dividend payout ratio is currently 48.33%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on UNP. Guggenheim raised their price target on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a report on Friday, January 24th. Wells Fargo & Company lowered their target price on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 7th. Robert W. Baird boosted their price target on shares of Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. Susquehanna dropped their price target on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Finally, Barclays increased their target price on shares of Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a report on Wednesday, November 13th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $261.40.

Insiders Place Their Bets

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

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.