Simplicity Wealth LLC Has $595,000 Stock Position in Union Pacific Co. (NYSE:UNP)

Simplicity Wealth LLC lessened its stake in Union Pacific Co. (NYSE:UNP - Free Report) by 58.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,610 shares of the railroad operator's stock after selling 3,720 shares during the period. Simplicity Wealth LLC's holdings in Union Pacific were worth $595,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the stock. State Street Corp lifted its stake in shares of Union Pacific by 0.9% in the third quarter. State Street Corp now owns 24,788,337 shares of the railroad operator's stock valued at $6,109,829,000 after buying an additional 217,780 shares during the period. Geode Capital Management LLC lifted its stake in Union Pacific by 1.4% during the third quarter. Geode Capital Management LLC now owns 12,813,686 shares of the railroad operator's stock worth $3,146,451,000 after purchasing an additional 182,620 shares during the period. Franklin Resources Inc. lifted its stake in Union Pacific by 9.3% during the third quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator's stock worth $1,795,993,000 after purchasing an additional 625,492 shares during the period. Fisher Asset Management LLC lifted its stake in Union Pacific by 0.3% during the fourth quarter. Fisher Asset Management LLC now owns 6,305,684 shares of the railroad operator's stock worth $1,437,948,000 after purchasing an additional 20,099 shares during the period. Finally, FMR LLC lifted its stake in Union Pacific by 0.6% during the third quarter. FMR LLC now owns 5,020,107 shares of the railroad operator's stock worth $1,237,356,000 after purchasing an additional 31,899 shares during the period. Institutional investors own 80.38% of the company's stock.

Remove Ads

Wall Street Analyst Weigh In

UNP has been the subject of a number of analyst reports. BMO Capital Markets raised their price target on shares of Union Pacific from $275.00 to $277.00 and gave the stock an "outperform" rating in a research note on Friday, January 24th. Stifel Nicolaus raised their price target on shares of Union Pacific from $253.00 to $270.00 and gave the company a "buy" rating in a report on Friday, January 24th. Wells Fargo & Company lowered their target price on shares of Union Pacific from $267.00 to $265.00 and set an "overweight" rating for the company in a report on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft began coverage on shares of Union Pacific in a research report on Friday. They set a "buy" rating and a $295.00 price target on the stock. Finally, Barclays boosted their price objective on shares of Union Pacific from $275.00 to $285.00 and gave the company an "overweight" rating in a research report on Wednesday, November 13th. One analyst has rated the stock with a sell rating, seven have given a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $263.00.

Union Pacific Stock Performance

Shares of NYSE:UNP traded down $10.57 on Tuesday, reaching $237.72. 3,357,916 shares of the company's stock were exchanged, compared to its average volume of 2,309,751. The company has a fifty day moving average of $241.44 and a 200-day moving average of $240.98. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.07. The company has a market capitalization of $143.65 billion, a price-to-earnings ratio of 21.44, a PEG ratio of 2.15 and a beta of 1.05. 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 (NYSE:UNP - Get Free Report) last issued its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, topping analysts' consensus estimates of $2.76 by $0.15. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. During the same quarter in the prior year, the firm posted $2.71 earnings per share. On average, research analysts predict that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be paid a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.25%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific's payout ratio is 48.33%.

Insider Activity at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 7,500 shares of the company's stock in a transaction that occurred on Friday, January 24th. The shares were 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 directly owns 64,960 shares in the company, valued at approximately $16,240,000. This represents a 10.35 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Craig V. Richardson sold 6,495 shares of the business's stock in a transaction on Monday, January 27th. The shares were sold at an average price of $252.00, for a total transaction of $1,636,740.00. Following the completion of the transaction, the executive vice president now owns 26,319 shares in the company, valued at approximately $6,632,388. The trade was a 19.79 % decrease in their position. The disclosure for this sale can be found here. 0.26% of the stock is owned by insiders.

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.