Envestnet Portfolio Solutions Inc. Reduces Position in Union Pacific Co. (NYSE:UNP)

Envestnet Portfolio Solutions Inc. decreased its holdings in Union Pacific Co. (NYSE:UNP) by 15.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 105,606 shares of the railroad operator’s stock after selling 18,685 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Union Pacific were worth $24,082,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Roble Belko & Company Inc lifted its position in shares of Union Pacific by 26.8% during the fourth quarter. Roble Belko & Company Inc now owns 213 shares of the railroad operator’s stock valued at $49,000 after buying an additional 45 shares during the last quarter. Pflug Koory LLC raised its stake in shares of Union Pacific by 0.5% during the 4th quarter. Pflug Koory LLC now owns 8,569 shares of the railroad operator’s stock worth $1,954,000 after acquiring an additional 45 shares in the last quarter. Baron Wealth Management LLC lifted its position in Union Pacific by 3.3% during the fourth quarter. Baron Wealth Management LLC now owns 1,409 shares of the railroad operator’s stock valued at $321,000 after acquiring an additional 45 shares during the last quarter. Regatta Capital Group LLC boosted its stake in Union Pacific by 2.8% in the fourth 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. Finally, Ironwood Investment Counsel LLC grew its holdings in Union Pacific by 1.3% in the fourth quarter. Ironwood Investment Counsel LLC now owns 3,458 shares of the railroad operator’s stock worth $789,000 after purchasing an additional 46 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

UNP opened at $237.71 on Friday. The firm has a fifty day moving average price of $242.05 and a 200 day moving average price of $240.71. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.07. The stock has a market cap of $143.65 billion, a P/E ratio of 21.43, a P/E/G ratio of 2.15 and a beta of 1.05. 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 (NYSE:UNP) last issued its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, topping analysts’ consensus estimates of $2.76 by $0.15. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. During the same period in the prior year, the company earned $2.71 earnings per share. Equities research analysts anticipate that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be issued a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.25%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific’s payout ratio is currently 48.33%.

Insider Activity

In other news, EVP Craig V. Richardson sold 6,495 shares of Union Pacific stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $252.00, for a total value of $1,636,740.00. Following the sale, the executive vice president now owns 26,319 shares in the company, valued at $6,632,388. This trade represents a 19.79 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, President Elizabeth F. Whited sold 7,500 shares of the business’s stock in a transaction dated Friday, January 24th. The stock was sold at an average price of $250.00, for a total transaction of $1,875,000.00. Following the sale, the president now directly owns 64,960 shares of the company’s stock, valued at $16,240,000. This represents a 10.35 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.26% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on UNP. Benchmark raised their price objective on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Loop Capital lowered Union Pacific from a “hold” rating to a “sell” rating and dropped their price target for the stock from $265.00 to $200.00 in a research note on Monday, February 3rd. Robert W. Baird increased their price objective on shares of Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Citigroup boosted their target price 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. Finally, Guggenheim raised their price target on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, January 24th. One 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 stock. According to data from MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and a consensus target price of $263.00.

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.