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

TD Private Client Wealth LLC raised its holdings in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 13.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,344 shares of the railroad operator's stock after acquiring 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 filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new position in shares of Union Pacific during the fourth quarter worth about $1,035,905,000. Vontobel Holding Ltd. raised its holdings in shares of 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 in the last quarter. Franklin Resources Inc. raised its stake in shares of 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 acquiring an additional 625,492 shares in the last quarter. Proficio Capital Partners LLC grew its holdings in shares of 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 purchasing an additional 502,745 shares during the last quarter. Finally, Assenagon Asset Management S.A. raised its position in Union Pacific by 35.8% in the 4th quarter. Assenagon Asset Management S.A. now owns 1,226,100 shares of the railroad operator's stock worth $279,600,000 after purchasing an additional 323,525 shares during the period. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

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Insider Buying and Selling at Union Pacific

In related news, EVP Craig V. Richardson sold 6,495 shares of the business'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 sale, the executive vice president now directly owns 26,319 shares in the company, valued at approximately $6,632,388. The trade was a 19.79 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of the 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 transaction, the president now owns 64,960 shares of the company's stock, 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. Insiders own 0.28% of the company's stock.

Union Pacific Stock Performance

NYSE UNP traded up $0.70 during trading hours on Tuesday, hitting $235.90. 1,849,031 shares of the company's stock traded hands, compared to its average volume of 2,306,823. The business's fifty day moving average price is $242.85 and its two-hundred day moving average price is $239.83. The firm has a market capitalization of $142.55 billion, a P/E ratio of 21.27, a P/E/G ratio of 2.15 and a beta of 1.05. Union Pacific Co. has a 52 week low of $218.55 and a 52 week high of $258.07. 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 released its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share 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 quarter in the prior year, the firm earned $2.71 EPS. Equities research analysts predict that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be issued a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.27%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific's dividend payout ratio is currently 48.33%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. BMO Capital Markets increased their target price on Union Pacific from $275.00 to $277.00 and gave the company an "outperform" rating in a report on Friday, January 24th. Stifel Nicolaus lifted their target price on shares of Union Pacific from $253.00 to $270.00 and gave the stock a "buy" rating in a research note on Friday, January 24th. TD Cowen raised their price target on shares of Union Pacific from $245.00 to $258.00 and gave the stock a "buy" rating in a report on Friday, January 24th. Citigroup upped their price objective on shares of Union Pacific from $254.00 to $260.00 and gave the company a "neutral" rating in a research note on Friday, January 24th. Finally, Raymond James restated a "strong-buy" rating and set a $285.00 price target (up previously from $265.00) on shares of Union Pacific in a report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Union Pacific presently has an average rating of "Moderate Buy" and a consensus target price of $263.00.

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.