TD Private Client Wealth LLC Acquires 2,702 Shares of Union Pacific Co. (NYSE:UNP)

TD Private Client Wealth LLC raised its holdings in Union Pacific Co. (NYSE:UNP) by 13.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 22,344 shares of the railroad operator’s stock after buying an additional 2,702 shares during the quarter. TD Private Client Wealth LLC’s holdings in Union Pacific were worth $5,095,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Palogic Value Management L.P. lifted its stake in shares of 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 buying an additional 42 shares in the last quarter. Roble Belko & Company Inc raised its holdings in shares of Union Pacific by 26.8% in the fourth quarter. Roble Belko & Company Inc now owns 213 shares of the railroad operator’s stock valued at $49,000 after purchasing an additional 45 shares during the last quarter. Pflug Koory LLC raised its holdings in shares of Union Pacific by 0.5% in the fourth quarter. Pflug Koory LLC now owns 8,569 shares of the railroad operator’s stock valued at $1,954,000 after purchasing an additional 45 shares during the last quarter. Baron Wealth Management LLC raised its holdings in shares of Union Pacific by 3.3% in the fourth quarter. Baron Wealth Management LLC now owns 1,409 shares of the railroad operator’s stock valued at $321,000 after purchasing an additional 45 shares during the last quarter. Finally, Mystic Asset Management Inc. raised its holdings in shares of Union Pacific by 2.0% in the fourth quarter. Mystic Asset Management Inc. now owns 2,309 shares of the railroad operator’s stock valued at $527,000 after purchasing an additional 45 shares during the last quarter. 80.38% of the stock is owned by institutional investors.

Union Pacific Stock Performance

Shares of UNP opened at $234.67 on Friday. The stock’s 50-day simple moving average is $242.51 and its 200 day simple moving average is $240.31. The stock has a market capitalization of $141.81 billion, a price-to-earnings ratio of 21.16, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05. 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 Co. has a 52-week low of $218.55 and a 52-week high of $258.07.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data 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 quarter in the previous year, the business posted $2.71 EPS. Research analysts forecast that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be paid a $1.34 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a yield of 2.28%. Union Pacific’s dividend payout ratio is currently 48.33%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Robert W. Baird increased their target price on shares of Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a report on Friday, January 24th. Guggenheim increased their target price on shares of Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a report on Friday, January 24th. Loop Capital downgraded shares of Union Pacific from a “hold” rating to a “sell” rating and lowered their target price for the company from $265.00 to $200.00 in a report on Monday, February 3rd. Deutsche Bank Aktiengesellschaft started coverage on shares of Union Pacific in a research report on Friday, March 7th. They issued a “buy” rating and a $295.00 price objective on the stock. Finally, TD Cowen increased their target price on shares of Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a research report on Friday, January 24th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $263.00.

Insiders Place Their Bets

In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of the company’s 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 directly owns 26,319 shares in the company, valued at $6,632,388. This represents a 19.79 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of the company’s 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. This represents a 10.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate 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.