Elk River Wealth Management LLC Sells 108 Shares of Union Pacific Co. (NYSE:UNP)

Elk River Wealth Management LLC lowered its position in Union Pacific Co. (NYSE:UNP) by 0.5% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 20,324 shares of the railroad operator’s stock after selling 108 shares during the quarter. Elk River Wealth Management LLC’s holdings in Union Pacific were worth $4,801,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in UNP. Allred Capital Management LLC raised its stake in shares of Union Pacific by 0.5% during the fourth quarter. Allred Capital Management LLC now owns 8,349 shares of the railroad operator’s stock valued at $1,904,000 after acquiring an additional 40 shares during the last quarter. Palogic Value Management L.P. increased its holdings in Union Pacific by 1.5% in the fourth quarter. Palogic Value Management L.P. now owns 2,823 shares of the railroad operator’s stock valued at $644,000 after purchasing an additional 42 shares during the period. Mystic Asset Management Inc. raised its position in Union Pacific by 2.0% during the 4th quarter. Mystic Asset Management Inc. now owns 2,309 shares of the railroad operator’s stock worth $527,000 after purchasing an additional 45 shares during the last quarter. Strategic Investment Solutions Inc. IL lifted its holdings in Union Pacific by 38.8% during the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator’s stock worth $39,000 after buying an additional 45 shares during the period. Finally, Ironwood Investment Counsel LLC grew its position in shares of Union Pacific by 1.3% in the 4th quarter. Ironwood Investment Counsel LLC now owns 3,458 shares of the railroad operator’s stock valued at $789,000 after buying an additional 46 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

UNP opened at $223.39 on Friday. Union Pacific Co. has a 1 year low of $204.66 and a 1 year high of $258.07. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. The company has a market capitalization of $133.47 billion, a price-to-earnings ratio of 20.14, a P/E/G ratio of 2.15 and a beta of 1.05. The firm’s fifty day moving average price is $220.25 and its two-hundred day moving average price is $232.23.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share for the quarter, missing analysts’ consensus estimates of $2.73 by ($0.03). Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The firm had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $6.11 billion. During the same period in the previous year, the business earned $2.69 earnings per share. The firm’s revenue for the quarter was down .1% on a year-over-year basis. As a group, analysts anticipate that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be paid 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 dividend yield of 2.40%. Union Pacific’s payout ratio is presently 48.29%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on UNP. Raymond James restated a “strong-buy” rating on shares of Union Pacific in a research report on Friday, April 25th. Argus raised shares of Union Pacific to a “strong-buy” rating in a research report on Friday, May 16th. Wells Fargo & Company dropped their price target on shares of Union Pacific from $265.00 to $260.00 and set an “overweight” rating on the stock in a research report on Thursday, March 27th. Deutsche Bank Aktiengesellschaft started coverage on shares of Union Pacific in a research note on Friday, March 7th. They issued a “buy” rating and a $295.00 price objective on the stock. Finally, Jefferies Financial Group lowered their target price on shares of Union Pacific from $255.00 to $230.00 and set a “hold” rating for the company in a research note on Wednesday, April 9th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $257.74.

Union Pacific 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.