McMill Wealth Management Purchases Shares of 4,220 Union Pacific Co. (NYSE:UNP)

McMill Wealth Management purchased a new stake in shares of Union Pacific Co. (NYSE:UNP) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 4,220 shares of the railroad operator’s stock, valued at approximately $962,000. Union Pacific comprises approximately 0.4% of McMill Wealth Management’s investment portfolio, making the stock its 29th largest holding.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Compass Financial Services Inc bought a new position in shares of Union Pacific in the 4th quarter worth approximately $25,000. Synergy Asset Management LLC bought a new position in shares of Union Pacific in the 4th quarter worth approximately $29,000. EnRich Financial Partners LLC bought a new position in shares of Union Pacific in the 4th quarter worth approximately $31,000. PrairieView Partners LLC bought a new position in shares of Union Pacific in the 4th quarter worth approximately $34,000. Finally, Strategic Investment Solutions Inc. IL raised its position in shares of Union Pacific by 38.8% in the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator’s stock worth $39,000 after acquiring an additional 45 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on UNP. Wells Fargo & Company decreased their target price on Union Pacific from $265.00 to $260.00 and set an “overweight” rating for the company in a research report on Thursday, March 27th. UBS Group decreased their target price on Union Pacific from $255.00 to $245.00 and set a “neutral” rating for the company in a research report on Wednesday, April 2nd. Loop Capital lowered Union Pacific from a “hold” rating to a “sell” rating and decreased their target price for the stock from $265.00 to $200.00 in a research report on Monday, February 3rd. Argus raised Union Pacific to a “strong-buy” rating in a research report on Friday, May 16th. Finally, Susquehanna reduced their price objective on Union Pacific from $255.00 to $245.00 and set a “neutral” rating for the company in a research report on Friday, April 25th. One research analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $257.50.

Union Pacific Stock Performance

Shares of UNP opened at $222.93 on Friday. The business’s fifty day simple moving average is $223.29 and its two-hundred day simple moving average is $233.51. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76. Union Pacific Co. has a 12 month low of $204.66 and a 12 month high of $258.07. The company has a market cap of $133.19 billion, a price-to-earnings ratio of 20.10, a P/E/G ratio of 2.15 and a beta of 1.07.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing the consensus estimate of $2.73 by ($0.03). Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The business had revenue of $6.03 billion for the quarter, compared to analysts’ expectations of $6.11 billion. During the same quarter in the prior year, the business posted $2.69 earnings per share. The business’s revenue for the quarter was down .1% on a year-over-year basis. Research analysts anticipate that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, May 30th will be paid a dividend of $1.34 per share. The ex-dividend date is Friday, May 30th. This represents a $5.36 annualized dividend and a yield of 2.40%. Union Pacific’s dividend payout ratio is 48.29%.

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.