Baker Tilly Wealth Management LLC Purchases 664 Shares of Union Pacific Co. (NYSE:UNP)

Baker Tilly Wealth Management LLC lifted its position in Union Pacific Co. (NYSE:UNP) by 18.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,205 shares of the railroad operator’s stock after acquiring an additional 664 shares during the quarter. Baker Tilly Wealth Management LLC’s holdings in Union Pacific were worth $959,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Acadian Asset Management LLC boosted its position in Union Pacific by 116.3% in the 2nd quarter. Acadian Asset Management LLC now owns 19,552 shares of the railroad operator’s stock valued at $4,421,000 after buying an additional 10,511 shares during the period. AGF Management Ltd. grew its stake in Union Pacific by 77.2% in the second quarter. AGF Management Ltd. now owns 44,558 shares of the railroad operator’s stock worth $10,082,000 after purchasing an additional 19,411 shares in the last quarter. LPL Financial LLC increased its holdings in Union Pacific by 6.5% during the 2nd quarter. LPL Financial LLC now owns 1,023,156 shares of the railroad operator’s stock worth $231,499,000 after purchasing an additional 62,607 shares during the period. American Century Companies Inc. increased its stake in shares of Union Pacific by 6.4% during the second quarter. American Century Companies Inc. now owns 1,186,777 shares of the railroad operator’s stock valued at $268,520,000 after buying an additional 71,019 shares during the period. Finally, Qsemble Capital Management LP raised its holdings in shares of Union Pacific by 169.8% in the second quarter. Qsemble Capital Management LP now owns 22,009 shares of the railroad operator’s stock valued at $4,980,000 after acquiring an additional 13,852 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Analyst Ratings Changes

UNP has been the subject of a number of analyst reports. Raymond James upped their target price on Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a report on Monday, October 14th. Citigroup raised their price target on shares of Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a report on Tuesday, November 12th. StockNews.com cut Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. JPMorgan Chase & Co. cut their price target on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Finally, Bank of America reduced their target price on Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a research note on Tuesday, September 24th. Nine investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and a consensus price target of $260.30.

Union Pacific Trading Down 1.9 %

Union Pacific stock traded down $4.34 during midday trading on Friday, reaching $227.48. 452,462 shares of the stock traded hands, compared to its average volume of 2,188,402. The company has a 50-day simple moving average of $234.80 and a two-hundred day simple moving average of $238.63. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.66. The firm has a market cap of $137.91 billion, a PE ratio of 20.89, a price-to-earnings-growth ratio of 2.33 and a beta of 1.06.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). The firm had revenue of $6.09 billion for the quarter, compared to analysts’ expectations of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The firm’s quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.51 earnings per share. Research analysts expect that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The business also recently disclosed 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 annualized dividend and a dividend yield of 2.36%. Union Pacific’s dividend payout ratio is presently 49.22%.

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.