Union Pacific Co. (NYSE:UNP) is Wedgewood Investors Inc. PA’s 3rd Largest Position

Wedgewood Investors Inc. PA cut its holdings in shares of Union Pacific Co. (NYSE:UNP) by 19.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,544 shares of the railroad operator’s stock after selling 2,504 shares during the quarter. Union Pacific makes up about 3.2% of Wedgewood Investors Inc. PA’s investment portfolio, making the stock its 3rd biggest position. Wedgewood Investors Inc. PA’s holdings in Union Pacific were worth $2,590,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in UNP. Bridgewater Advisors Inc. boosted its stake in Union Pacific by 1.7% during the fourth quarter. Bridgewater Advisors Inc. now owns 10,564 shares of the railroad operator’s stock valued at $2,595,000 after buying an additional 175 shares during the last quarter. MONECO Advisors LLC increased its position in Union Pacific by 63.6% during the fourth quarter. MONECO Advisors LLC now owns 5,236 shares of the railroad operator’s stock valued at $1,286,000 after acquiring an additional 2,035 shares during the last quarter. Brighton Jones LLC increased its position in Union Pacific by 3.2% during the fourth quarter. Brighton Jones LLC now owns 10,360 shares of the railroad operator’s stock valued at $2,545,000 after acquiring an additional 325 shares during the last quarter. Mission Wealth Management LP raised its stake in shares of Union Pacific by 0.5% in the fourth quarter. Mission Wealth Management LP now owns 7,838 shares of the railroad operator’s stock valued at $1,925,000 after acquiring an additional 42 shares during the period. Finally, Auxano Advisors LLC bought a new stake in shares of Union Pacific in the 4th quarter worth about $771,000. Institutional investors own 80.38% of the company’s stock.

Insider Buying and Selling

In other Union Pacific news, President Elizabeth F. Whited sold 3,750 shares of the firm’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $250.00, for a total value of $937,500.00. Following the transaction, the president now directly owns 56,682 shares of the company’s stock, valued at approximately $14,170,500. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.26% of the company’s stock.

Union Pacific Stock Performance

Shares of NYSE UNP traded down $1.13 during midday trading on Wednesday, reaching $236.03. 326,940 shares of the stock were exchanged, compared to its average volume of 2,294,524. The company has a quick ratio of 0.76, a current ratio of 0.93 and a debt-to-equity ratio of 1.99. The firm has a market cap of $144.01 billion, a price-to-earnings ratio of 22.50, a PEG ratio of 2.57 and a beta of 1.07. The firm has a 50-day simple moving average of $243.95 and a two-hundred day simple moving average of $235.77. Union Pacific Co. has a twelve month low of $190.71 and a twelve month high of $258.66.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, beating analysts’ consensus estimates of $2.50 by $0.19. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The company had revenue of $6.03 billion during the quarter, compared to analysts’ expectations of $5.97 billion. During the same quarter in the previous year, the company earned $2.67 earnings per share. The firm’s revenue for the quarter was down .4% on a year-over-year basis. As a group, analysts anticipate that Union Pacific Co. will post 11.17 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Thursday, February 29th were paid a $1.30 dividend. The ex-dividend date was Wednesday, February 28th. This represents a $5.20 dividend on an annualized basis and a yield of 2.20%. Union Pacific’s dividend payout ratio is currently 49.62%.

Analyst Ratings Changes

A number of research analysts have recently commented on UNP shares. Benchmark upped their target price on Union Pacific from $260.00 to $266.00 and gave the company a “buy” rating in a research note on Wednesday, April 10th. Evercore ISI lifted their target price on Union Pacific from $271.00 to $273.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. Susquehanna raised their price target on shares of Union Pacific from $255.00 to $270.00 and gave the stock a “neutral” rating in a research note on Friday, April 26th. JPMorgan Chase & Co. raised their target price on shares of Union Pacific from $237.00 to $243.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 9th. Finally, Royal Bank of Canada reduced their price objective on Union Pacific from $282.00 to $272.00 and set an “outperform” rating on the stock in a report on Friday, January 26th. Seven analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $258.78.

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.