Kingswood Wealth Advisors LLC Sells 3,809 Shares of Union Pacific Co. (NYSE:UNP)

Kingswood Wealth Advisors LLC lessened its holdings in shares of Union Pacific Co. (NYSE:UNP) by 47.5% during the 4th quarter, HoldingsChannel reports. The firm owned 4,215 shares of the railroad operator’s stock after selling 3,809 shares during the period. Kingswood Wealth Advisors LLC’s holdings in Union Pacific were worth $961,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in Union Pacific by 11.4% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 4,147 shares of the railroad operator’s stock valued at $946,000 after acquiring an additional 425 shares in the last quarter. Regatta Capital Group LLC lifted its stake in Union Pacific by 2.8% in the 4th quarter. Regatta Capital Group LLC now owns 1,672 shares of the railroad operator’s stock valued at $381,000 after acquiring an additional 46 shares in the last quarter. Novare Capital Management LLC bought a new stake in Union Pacific in the 4th quarter valued at approximately $279,000. Crescent Grove Advisors LLC bought a new stake in Union Pacific in the 4th quarter valued at approximately $553,000. Finally, Patton Albertson Miller Group LLC lifted its stake in Union Pacific by 7.8% in the 4th quarter. Patton Albertson Miller Group LLC now owns 31,059 shares of the railroad operator’s stock valued at $7,083,000 after acquiring an additional 2,259 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of NYSE UNP opened at $249.45 on Wednesday. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. The stock’s fifty day moving average price is $234.45 and its two-hundred day moving average price is $239.81. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.66. The firm has a market cap of $151.23 billion, a price-to-earnings ratio of 22.91, a P/E/G ratio of 2.12 and a beta of 1.06.

Union Pacific (NYSE:UNP) last issued 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 return on equity of 41.79% and a net margin of 27.33%. During the same period last year, the business posted $2.71 EPS. On average, equities analysts forecast that Union Pacific Co. will post 10.96 EPS for the current year.

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were given a dividend of $1.34 per share. The ex-dividend date was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.15%. Union Pacific’s payout ratio is 49.22%.

Insider Activity

In related news, EVP Craig V. Richardson sold 6,495 shares of the company’s 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 completion of the sale, the executive vice president now directly owns 26,319 shares in the company, valued at $6,632,388. This represents a 19.79 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, President Elizabeth F. Whited sold 7,500 shares of the company’s stock in a transaction on 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 sale, the president now owns 64,960 shares of the company’s stock, valued at approximately $16,240,000. This represents a 10.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.28% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on UNP. Sanford C. Bernstein cut their target price on Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 9th. Susquehanna dropped their price objective on Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. BMO Capital Markets upped their price objective on Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. Wells Fargo & Company dropped their price objective on Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 7th. Finally, Guggenheim upped their price objective on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Eight research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and an average target price of $263.30.

Union Pacific 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.