Union Pacific Co. (NYSE:UNP) Position Reduced by Baystate Wealth Management LLC

Baystate Wealth Management LLC trimmed its holdings in shares of Union Pacific Co. (NYSE:UNP) by 1.7% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,394 shares of the railroad operator’s stock after selling 129 shares during the period. Baystate Wealth Management LLC’s holdings in Union Pacific were worth $1,308,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of UNP. BlackRock Inc. boosted its position in shares of Union Pacific by 2.2% during the 4th quarter. BlackRock Inc. now owns 48,020,051 shares of the railroad operator’s stock valued at $6,637,811,000 after acquiring an additional 1,029,260 shares during the last quarter. Oregon Public Employees Retirement Fund increased its stake in Union Pacific by 18,524.9% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 32,738,808 shares of the railroad operator’s stock worth $237,000 after purchasing an additional 32,563,028 shares during the period. Geode Capital Management LLC increased its stake in Union Pacific by 7.7% in the 4th quarter. Geode Capital Management LLC now owns 9,640,019 shares of the railroad operator’s stock worth $1,330,401,000 after purchasing an additional 688,775 shares during the period. Northern Trust Corp increased its stake in Union Pacific by 3.4% in the 4th quarter. Northern Trust Corp now owns 8,284,737 shares of the railroad operator’s stock worth $1,145,199,000 after purchasing an additional 270,547 shares during the period. Finally, Norges Bank purchased a new position in Union Pacific in the 4th quarter worth approximately $1,036,317,000. Hedge funds and other institutional investors own 79.12% of the company’s stock.

Union Pacific stock traded down $1.38 during mid-day trading on Tuesday, hitting $171.01. The company had a trading volume of 1,965,152 shares, compared to its average volume of 3,753,412. The company has a current ratio of 0.75, a quick ratio of 0.60 and a debt-to-equity ratio of 1.32. Union Pacific Co. has a 12 month low of $128.08 and a 12 month high of $180.02. The company has a market capitalization of $121.73 billion, a price-to-earnings ratio of 21.62, a price-to-earnings-growth ratio of 1.90 and a beta of 1.09.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, April 18th. The railroad operator reported $1.93 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.89 by $0.04. The business had revenue of $5.38 billion for the quarter, compared to the consensus estimate of $5.51 billion. Union Pacific had a return on equity of 30.73% and a net margin of 26.59%. The company’s revenue for the quarter was down 1.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.68 earnings per share. On average, equities research analysts predict that Union Pacific Co. will post 9.07 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, May 31st will be given a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 2.06%. The ex-dividend date of this dividend is Thursday, May 30th. Union Pacific’s payout ratio is 44.50%.

In other Union Pacific news, EVP Rhonda S. Ferguson sold 11,485 shares of the company’s stock in a transaction dated Thursday, April 18th. The stock was sold at an average price of $175.00, for a total value of $2,009,875.00. Following the completion of the sale, the executive vice president now owns 53,858 shares in the company, valued at $9,425,150. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Robert M. Knight, Jr. sold 1,380 shares of the company’s stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $180.01, for a total value of $248,413.80. Following the completion of the sale, the executive vice president now owns 94,943 shares of the company’s stock, valued at approximately $17,090,689.43. The disclosure for this sale can be found here. In the last 90 days, insiders sold 31,667 shares of company stock valued at $5,454,729. Company insiders own 9.96% of the company’s stock.

A number of equities analysts have commented on the company. Loop Capital cut Union Pacific from a “buy” rating to a “hold” rating and decreased their price target for the stock from $193.00 to $182.00 in a research note on Tuesday, March 19th. Citigroup upped their price target on Union Pacific from $180.00 to $195.00 and gave the stock a “buy” rating in a research note on Thursday, April 4th. BMO Capital Markets upped their price target on Union Pacific to $190.00 and gave the stock an “outperform” rating in a research note on Monday, April 22nd. Deutsche Bank set a $200.00 price target on Union Pacific and gave the stock a “buy” rating in a research note on Monday, April 22nd. Finally, TD Securities upped their price target on Union Pacific from $170.00 to $180.00 and gave the stock a “hold” rating in a research note on Monday, April 22nd. One research analyst has rated the stock with a sell rating, six have given a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the stock. Union Pacific has a consensus rating of “Buy” and an average price target of $176.42.

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Union Pacific Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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