Octavia Wealth Advisors LLC acquired a new position in shares of Union Pacific Co. (NYSE:UNP – Get Rating) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 862 shares of the railroad operator’s stock, valued at approximately $236,000.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. West Branch Capital LLC boosted its position in shares of Union Pacific by 0.7% in the fourth quarter. West Branch Capital LLC now owns 5,527 shares of the railroad operator’s stock worth $1,392,000 after buying an additional 41 shares during the period. Waddell & Associates LLC boosted its position in shares of Union Pacific by 2.2% in the fourth quarter. Waddell & Associates LLC now owns 1,915 shares of the railroad operator’s stock worth $482,000 after buying an additional 41 shares during the period. Ford Financial Group LLC boosted its position in shares of Union Pacific by 2.5% in the first quarter. Ford Financial Group LLC now owns 1,704 shares of the railroad operator’s stock worth $465,000 after buying an additional 41 shares during the period. Koshinski Asset Management Inc. boosted its position in shares of Union Pacific by 0.5% in the first quarter. Koshinski Asset Management Inc. now owns 8,007 shares of the railroad operator’s stock worth $2,188,000 after buying an additional 41 shares during the period. Finally, Clear Creek Financial Management LLC boosted its position in shares of Union Pacific by 4.2% in the fourth quarter. Clear Creek Financial Management LLC now owns 1,091 shares of the railroad operator’s stock worth $275,000 after buying an additional 44 shares during the period. 80.26% of the stock is owned by institutional investors and hedge funds.
UNP stock opened at $215.26 on Friday. Union Pacific Co. has a twelve month low of $195.68 and a twelve month high of $278.94. The company has a market cap of $135.19 billion, a PE ratio of 20.46, a price-to-earnings-growth ratio of 1.86 and a beta of 1.22. The business’s 50-day simple moving average is $221.18 and its 200-day simple moving average is $240.39. The company has a quick ratio of 0.58, a current ratio of 0.71 and a debt-to-equity ratio of 2.58.
Union Pacific (NYSE:UNP – Get Rating) last released its earnings results on Thursday, April 21st. The railroad operator reported $2.57 earnings per share for the quarter, topping analysts’ consensus estimates of $2.55 by $0.02. The business had revenue of $5.86 billion for the quarter, compared to the consensus estimate of $5.76 billion. Union Pacific had a return on equity of 50.20% and a net margin of 30.06%. The firm’s revenue for the quarter was up 17.2% compared to the same quarter last year. During the same period last year, the business earned $2.00 earnings per share. On average, equities research analysts anticipate that Union Pacific Co. will post 11.61 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Thursday, June 30th. Stockholders of record on Tuesday, May 31st were paid a $1.30 dividend. The ex-dividend date was Friday, May 27th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.42%. This is a boost from Union Pacific’s previous quarterly dividend of $1.18. Union Pacific’s payout ratio is 49.43%.
In other news, EVP Kenyatta G. Rocker sold 4,018 shares of Union Pacific stock in a transaction that occurred on Thursday, April 21st. The shares were sold at an average price of $250.00, for a total value of $1,004,500.00. Following the completion of the transaction, the executive vice president now owns 41,177 shares in the company, valued at $10,294,250. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.28% of the company’s stock.
Several brokerages recently issued reports on UNP. Raymond James increased their price objective on Union Pacific from $280.00 to $285.00 and gave the stock a “strong-buy” rating in a report on Friday, April 22nd. Barclays cut their price objective on Union Pacific from $290.00 to $255.00 and set an “overweight” rating for the company in a report on Tuesday, June 21st. TD Securities increased their price objective on Union Pacific from $265.00 to $275.00 and gave the stock a “hold” rating in a report on Friday, April 22nd. Credit Suisse Group began coverage on Union Pacific in a report on Monday, June 27th. They set an “outperform” rating and a $255.00 price objective for the company. Finally, The Goldman Sachs Group increased their price objective on Union Pacific from $271.00 to $276.00 in a report on Thursday, April 21st. Eight investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $263.82.
Union Pacific Profile: (Get Rating)
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, and other agricultural users; petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.
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