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% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,344 shares of the railroad operator’s stock after purchasing an additional 2,702 shares during the period. TD Private Client Wealth LLC’s holdings in Union Pacific were worth $5,095,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new position in shares of Union Pacific in the 4th quarter valued at approximately $1,035,905,000. Vontobel Holding Ltd. raised its position in shares of Union Pacific by 74.7% in 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 position in shares of Union Pacific by 9.3% in 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 in the last quarter. Proficio Capital Partners LLC raised its position in shares of Union Pacific by 33,228.4% in 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 in the last quarter. Finally, Assenagon Asset Management S.A. raised its position in shares of 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 valued at $279,600,000 after buying an additional 323,525 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Insider Buying and Selling

In related news, President Elizabeth F. Whited sold 7,500 shares of the stock in a transaction on Friday, January 24th. The shares were sold at an average price of $250.00, for a total transaction of $1,875,000.00. Following the transaction, the president now directly 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Craig V. Richardson sold 6,495 shares of the stock in a transaction on 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 transaction, the executive vice president now directly owns 26,319 shares in the company, valued at approximately $6,632,388. This represents a 19.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.28% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on UNP. 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 target price for the company. BMO Capital Markets upped their price objective on shares of Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Robert W. Baird upped their price objective on shares of Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Loop Capital cut shares of Union Pacific from a “hold” rating to a “sell” rating and lowered their price objective for the stock from $265.00 to $200.00 in a research report on Monday, February 3rd. Finally, Benchmark upped their price objective on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Union Pacific currently has an average rating of “Moderate Buy” and a consensus target price of $263.00.

Union Pacific Trading Down 0.7 %

NYSE:UNP opened at $234.67 on Friday. The firm’s fifty day moving average is $242.51 and its 200-day moving average is $240.31. 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. The firm has a market cap of $141.81 billion, a P/E ratio of 21.16, a P/E/G ratio of 2.15 and a beta of 1.05.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, beating 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 period last year, the company posted $2.71 EPS. Equities analysts expect that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

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

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.