Crowley Wealth Management Inc. Invests $86,000 in Union Pacific Co. (NYSE:UNP)

Crowley Wealth Management Inc. bought a new stake in Union Pacific Co. (NYSE:UNP) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 375 shares of the railroad operator’s stock, valued at approximately $86,000.

Several other hedge funds have also bought and sold shares of UNP. LPL Financial LLC lifted its position in shares of Union Pacific by 4.8% in the fourth quarter. LPL Financial LLC now owns 1,121,998 shares of the railroad operator’s stock valued at $255,961,000 after buying an additional 51,289 shares during the last quarter. Richwood Investment Advisors LLC lifted its holdings in Union Pacific by 10.5% during the 4th quarter. Richwood Investment Advisors LLC now owns 2,135 shares of the railroad operator’s stock valued at $487,000 after purchasing an additional 202 shares during the last quarter. Banco de Sabadell S.A lifted its holdings in Union Pacific by 1.1% during the 4th quarter. Banco de Sabadell S.A now owns 8,230 shares of the railroad operator’s stock valued at $1,877,000 after purchasing an additional 93 shares during the last quarter. Guardian Partners Inc. acquired a new stake in Union Pacific during the 4th quarter valued at $243,000. Finally, KLP Kapitalforvaltning AS acquired a new stake in Union Pacific during the 4th quarter valued at $46,786,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Guggenheim raised their target price on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Benchmark raised 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. Citigroup raised their price objective on shares of Union Pacific from $254.00 to $260.00 and gave the stock a “neutral” rating in a research report on Friday, January 24th. BMO Capital Markets lifted their price target on Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. Finally, Deutsche Bank Aktiengesellschaft started coverage on Union Pacific in a report on Friday, March 7th. They set a “buy” rating and a $295.00 price target for the company. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and an average target price of $263.00.

Insider Buying and Selling

In other news, EVP Craig V. Richardson sold 6,495 shares of the company’s stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $252.00, for a total value of $1,636,740.00. Following the completion of the transaction, the executive vice president now owns 26,319 shares of the company’s stock, valued at $6,632,388. This represents a 19.79 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the president now owns 64,960 shares of the company’s stock, valued at approximately $16,240,000. This trade represents a 10.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.28% of the stock is owned by corporate insiders.

Union Pacific Stock Down 0.4 %

Shares of UNP opened at $233.79 on Monday. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.07. The company has a market cap of $141.28 billion, a P/E ratio of 21.08, a P/E/G ratio of 2.15 and a beta of 1.05. The firm has a 50 day simple moving average of $242.68 and a two-hundred day simple moving average of $239.94.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, topping analysts’ consensus estimates of $2.76 by $0.15. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. During the same quarter in the previous year, the company posted $2.71 earnings per share. Research analysts forecast that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be given a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a yield of 2.29%. The ex-dividend date is Friday, February 28th. Union Pacific’s dividend payout ratio is 48.33%.

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.