IHT Wealth Management LLC Reduces Position in Union Pacific Co. (NYSE:UNP)

IHT Wealth Management LLC lowered its position in Union Pacific Co. (NYSE:UNP) by 34.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,989 shares of the railroad operator’s stock after selling 5,649 shares during the period. IHT Wealth Management LLC’s holdings in Union Pacific were worth $2,506,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Compass Financial Services Inc purchased a new stake in Union Pacific in the fourth quarter worth $25,000. Synergy Asset Management LLC bought a new stake in Union Pacific during the 4th quarter valued at about $29,000. EnRich Financial Partners LLC purchased a new stake in Union Pacific in the 4th quarter valued at about $31,000. PrairieView Partners LLC purchased a new position in shares of Union Pacific during the fourth quarter worth approximately $34,000. Finally, Strategic Investment Solutions Inc. IL raised its stake in shares of Union Pacific by 38.8% during the fourth quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator’s stock valued at $39,000 after acquiring an additional 45 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Analysts Set New Price Targets

UNP has been the subject of a number of research analyst reports. Benchmark lifted their target price on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Robert W. Baird increased their target price on shares of Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. Raymond James reduced their price target on shares of Union Pacific from $285.00 to $260.00 and set a “strong-buy” rating for the company in a report on Friday, April 11th. UBS Group cut their price objective on shares of Union Pacific from $255.00 to $245.00 and set a “neutral” rating on the stock in a report on Wednesday, April 2nd. Finally, Susquehanna dropped their target price on Union Pacific from $265.00 to $255.00 and set a “neutral” rating on the stock in a research report on Thursday, March 27th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus price target of $257.50.

Union Pacific Stock Down 1.9 %

NYSE:UNP opened at $216.18 on Tuesday. Union Pacific Co. has a twelve month low of $204.66 and a twelve month high of $258.07. The company’s 50 day moving average is $234.38 and its two-hundred day moving average is $236.23. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76. The company has a market cap of $129.56 billion, a PE ratio of 19.49, a P/E/G ratio of 2.15 and a beta of 1.06.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 last year, the business posted $2.71 earnings per share. Analysts anticipate that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, February 28th were paid a dividend of $1.34 per share. The ex-dividend date was Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.48%. Union Pacific’s payout ratio is currently 48.33%.

Insider Activity

In related news, President Elizabeth F. Whited sold 7,500 shares of Union Pacific stock in a transaction dated Friday, January 24th. The stock was sold at an average price of $250.00, for a total value of $1,875,000.00. Following the completion of the transaction, the president now owns 64,960 shares in the company, valued at $16,240,000. The trade was a 10.35 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Craig V. Richardson sold 6,495 shares of the company’s stock in a transaction that occurred on 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 directly owns 26,319 shares of the company’s stock, valued at approximately $6,632,388. The trade was a 19.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.28% of the company’s stock.

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.