BCS Wealth Management Lowers Position in Union Pacific Corporation $UNP

BCS Wealth Management lessened its stake in shares of Union Pacific Corporation (NYSE:UNP) by 50.8% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 2,374 shares of the railroad operator’s stock after selling 2,456 shares during the period. BCS Wealth Management’s holdings in Union Pacific were worth $576,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Rehmann Capital Advisory Group increased its stake in shares of Union Pacific by 0.6% in the fourth quarter. Rehmann Capital Advisory Group now owns 6,637 shares of the railroad operator’s stock worth $1,535,000 after purchasing an additional 42 shares in the last quarter. Rosenblum Silverman Sutton S F Inc. CA lifted its position in shares of Union Pacific by 3.7% in the fourth quarter. Rosenblum Silverman Sutton S F Inc. CA now owns 1,221 shares of the railroad operator’s stock valued at $282,000 after acquiring an additional 43 shares in the last quarter. Stephens Consulting LLC boosted its stake in shares of Union Pacific by 48.4% in the fourth quarter. Stephens Consulting LLC now owns 135 shares of the railroad operator’s stock worth $31,000 after acquiring an additional 44 shares during the period. Macroview Investment Management LLC boosted its stake in shares of Union Pacific by 3.4% in the fourth quarter. Macroview Investment Management LLC now owns 1,349 shares of the railroad operator’s stock worth $312,000 after acquiring an additional 44 shares during the period. Finally, Claro Advisors Inc. grew its position in shares of Union Pacific by 3.7% during the fourth quarter. Claro Advisors Inc. now owns 1,220 shares of the railroad operator’s stock worth $282,000 after purchasing an additional 44 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors.

Insider Transactions at Union Pacific

In related news, CFO Jennifer L. Hamann sold 2,000 shares of the firm’s stock in a transaction on Friday, April 24th. The shares were sold at an average price of $274.70, for a total value of $549,400.00. Following the completion of the transaction, the chief financial officer directly owned 114,642 shares of the company’s stock, valued at approximately $31,492,157.40. This trade represents a 1.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Eric J. Gehringer sold 2,991 shares of the business’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $263.96, for a total transaction of $789,504.36. Following the completion of the sale, the executive vice president owned 43,012 shares in the company, valued at $11,353,447.52. This represents a 6.50% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 32,378 shares of company stock valued at $8,781,595 in the last ninety days. Corporate insiders own 0.22% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Citigroup reissued a “buy” rating and set a $307.00 target price (up from $285.00) on shares of Union Pacific in a research note on Friday, April 24th. Barclays restated an “overweight” rating and issued a $315.00 price target (up from $285.00) on shares of Union Pacific in a research note on Friday, April 24th. Weiss Ratings lowered shares of Union Pacific from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday. JPMorgan Chase & Co. lifted their price objective on shares of Union Pacific from $267.00 to $275.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Finally, Sanford C. Bernstein boosted their target price on shares of Union Pacific from $289.00 to $293.00 and gave the stock an “outperform” rating in a report on Tuesday, March 31st. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus price target of $282.21.

Union Pacific Trading Up 0.6%

Shares of UNP stock opened at $260.07 on Thursday. Union Pacific Corporation has a 12-month low of $210.84 and a 12-month high of $279.70. The company has a current ratio of 0.92, a quick ratio of 0.73 and a debt-to-equity ratio of 1.53. The stock’s 50-day moving average price is $264.31 and its 200-day moving average price is $250.45. The stock has a market capitalization of $154.41 billion, a price-to-earnings ratio of 21.42, a price-to-earnings-growth ratio of 2.74 and a beta of 0.97.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, April 23rd. The railroad operator reported $2.93 EPS for the quarter, topping analysts’ consensus estimates of $2.86 by $0.07. Union Pacific had a return on equity of 39.58% and a net margin of 29.20%.The company had revenue of $6.22 billion for the quarter, compared to the consensus estimate of $6.12 billion. During the same period in the previous year, the business earned $2.70 earnings per share. The firm’s revenue for the quarter was up 3.2% on a year-over-year basis. Equities research analysts predict that Union Pacific Corporation will post 12.55 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 29th will be paid a $1.38 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $5.52 dividend on an annualized basis and a yield of 2.1%. Union Pacific’s payout ratio is presently 45.47%.

Union Pacific Profile

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.