Daymark Wealth Partners LLC Has $6.35 Million Holdings in Union Pacific Co. (NYSE:UNP)

Daymark Wealth Partners LLC trimmed its holdings in shares of Union Pacific Co. (NYSE:UNP) by 0.7% during the third quarter, Holdings Channel.com reports. The institutional investor owned 25,748 shares of the railroad operator’s stock after selling 193 shares during the quarter. Daymark Wealth Partners LLC’s holdings in Union Pacific were worth $6,346,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Personal CFO Solutions LLC boosted its position in shares of Union Pacific by 15.6% during the 4th quarter. Personal CFO Solutions LLC now owns 1,627 shares of the railroad operator’s stock worth $400,000 after purchasing an additional 220 shares in the last quarter. Unigestion Holding SA boosted its holdings in Union Pacific by 370.8% in the fourth quarter. Unigestion Holding SA now owns 9,045 shares of the railroad operator’s stock worth $2,222,000 after acquiring an additional 7,124 shares in the last quarter. MGO One Seven LLC grew its stake in Union Pacific by 5.0% in the fourth quarter. MGO One Seven LLC now owns 12,459 shares of the railroad operator’s stock valued at $3,060,000 after acquiring an additional 588 shares during the period. Icon Wealth Advisors LLC acquired a new position in shares of Union Pacific during the fourth quarter worth approximately $675,000. Finally, Ethic Inc. lifted its holdings in shares of Union Pacific by 26.8% in the 4th quarter. Ethic Inc. now owns 25,474 shares of the railroad operator’s stock worth $6,257,000 after purchasing an additional 5,379 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. TD Cowen dropped their price objective on shares of Union Pacific from $259.00 to $255.00 and set a “buy” rating on the stock in a research note on Friday, July 26th. StockNews.com cut shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Stifel Nicolaus decreased their price objective on Union Pacific from $267.00 to $265.00 and set a “buy” rating for the company in a report on Wednesday, July 17th. Sanford C. Bernstein lowered their price objective on Union Pacific from $290.00 to $273.00 and set an “outperform” rating for the company in a research note on Monday, July 8th. Finally, Daiwa America cut Union Pacific from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 4th. Nine equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Union Pacific has an average rating of “Moderate Buy” and an average target price of $259.55.

Union Pacific Stock Down 0.2 %

Shares of NYSE:UNP traded down $0.53 during trading on Wednesday, reaching $237.03. The stock had a trading volume of 510,719 shares, compared to its average volume of 2,273,500. The company has a current ratio of 1.05, a quick ratio of 0.86 and a debt-to-equity ratio of 1.89. The company has a market capitalization of $144.40 billion, a P/E ratio of 22.67, a PEG ratio of 2.20 and a beta of 1.05. The firm’s 50-day simple moving average is $245.92 and its 200 day simple moving average is $238.62. Union Pacific Co. has a one year low of $199.97 and a one year high of $258.66.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, July 25th. The railroad operator reported $2.74 earnings per share for the quarter, topping the consensus estimate of $2.71 by $0.03. The business had revenue of $6.01 billion during the quarter, compared to the consensus estimate of $6.05 billion. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The company’s quarterly revenue was up .7% on a year-over-year basis. During the same quarter last year, the company earned $2.57 earnings per share. As a group, research analysts expect that Union Pacific Co. will post 11.1 EPS for the current fiscal year.

Union Pacific Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, August 30th were issued a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.26%. This is a positive change from Union Pacific’s previous quarterly dividend of $1.30. The ex-dividend date was Friday, August 30th. Union Pacific’s dividend payout ratio is presently 51.15%.

Insiders Place Their Bets

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the company’s stock in a transaction that occurred on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total value of $875,887.68. Following the sale, the president now owns 64,945 shares in the company, valued at approximately $16,014,787.55. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 0.28% of the stock is owned by insiders.

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.