Union Pacific Co. (NYSE:UNP) Shares Bought by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC increased its position in Union Pacific Co. (NYSE:UNP - Free Report) by 6.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,553 shares of the railroad operator's stock after acquiring an additional 1,086 shares during the period. Axxcess Wealth Management LLC's holdings in Union Pacific were worth $4,231,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of UNP. Raymond James Financial Inc. acquired a new stake in Union Pacific during the 4th quarter valued at $1,035,905,000. Vontobel Holding Ltd. grew its holdings in Union Pacific by 74.7% during the 4th quarter. Vontobel Holding Ltd. now owns 2,146,990 shares of the railroad operator's stock valued at $489,600,000 after buying an additional 918,248 shares during the last quarter. Franklin Resources Inc. grew its holdings in Union Pacific by 9.3% during the 3rd quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator's stock valued at $1,795,993,000 after buying an additional 625,492 shares during the last quarter. Proficio Capital Partners LLC grew its holdings in Union Pacific by 33,228.4% during the 4th quarter. Proficio Capital Partners LLC now owns 504,258 shares of the railroad operator's stock valued at $114,991,000 after buying an additional 502,745 shares during the last quarter. Finally, Jennison Associates LLC grew its holdings in Union Pacific by 170.9% during the 3rd quarter. Jennison Associates LLC now owns 736,246 shares of the railroad operator's stock valued at $181,470,000 after buying an additional 464,477 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company's stock.

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Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on UNP. Wells Fargo & Company decreased their price objective on Union Pacific from $267.00 to $265.00 and set an "overweight" rating on the stock in a report on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft began coverage on Union Pacific in a report on Friday, March 7th. They set a "buy" rating and a $295.00 price objective on the stock. Raymond James restated a "strong-buy" rating and set a $285.00 price objective (up previously from $265.00) on shares of Union Pacific in a report on Friday, January 24th. Loop Capital cut Union Pacific from a "hold" rating to a "sell" rating and decreased their price objective for the stock from $265.00 to $200.00 in a report on Monday, February 3rd. Finally, Robert W. Baird raised their price objective on Union Pacific from $260.00 to $265.00 and gave the stock an "outperform" rating in a report on Friday, January 24th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $263.00.

Insider Activity

In other news, EVP Craig V. Richardson sold 6,495 shares of the firm's stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $252.00, for a total transaction of $1,636,740.00. Following the completion of the sale, the executive vice president now directly owns 26,319 shares in the company, valued at $6,632,388. This trade represents a 19.79 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 of the company's stock, valued at $16,240,000. This trade represents a 10.35 % 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 Stock Down 0.4 %

NYSE:UNP traded down $1.00 during mid-day trading on Friday, hitting $233.79. The company had a trading volume of 4,167,677 shares, compared to its average volume of 2,302,073. The business has a fifty day simple moving average of $242.68 and a 200-day simple moving average of $240.16. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.07. The firm has a market capitalization of $141.28 billion, a price-to-earnings ratio of 21.08, a PEG ratio of 2.15 and a beta of 1.05.

Union Pacific (NYSE:UNP - Get Free Report) last released its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, beating 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 last year, the firm earned $2.71 EPS. Equities analysts forecast 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, March 31st. Stockholders of record on Friday, February 28th will be paid a dividend of $1.34 per share. The ex-dividend date is Friday, February 28th. This represents a $5.36 annualized dividend and a dividend yield of 2.29%. Union Pacific's dividend payout ratio is presently 48.33%.

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.