Marks Group Wealth Management Inc Has $7.32 Million Holdings in Union Pacific Co. (NYSE:UNP)

Marks Group Wealth Management Inc increased its position in shares of Union Pacific Co. (NYSE:UNP) by 0.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 29,808 shares of the railroad operator’s stock after buying an additional 159 shares during the period. Marks Group Wealth Management Inc’s holdings in Union Pacific were worth $7,321,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BluePath Capital Management LLC bought a new stake in shares of Union Pacific in the 3rd quarter valued at about $25,000. Valued Wealth Advisors LLC bought a new stake in Union Pacific in the fourth quarter valued at approximately $28,000. Fortitude Family Office LLC bought a new position in shares of Union Pacific during the 4th quarter worth approximately $44,000. Hexagon Capital Partners LLC increased its holdings in shares of Union Pacific by 48.6% during the 3rd quarter. Hexagon Capital Partners LLC now owns 309 shares of the railroad operator’s stock worth $63,000 after acquiring an additional 101 shares during the last quarter. Finally, Legacy Financial Group LLC acquired a new position in shares of Union Pacific during the 3rd quarter worth approximately $83,000. 80.38% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have commented on UNP. TD Cowen upped their price objective on shares of Union Pacific from $228.00 to $251.00 and gave the company an “outperform” rating in a report on Friday, January 26th. Royal Bank of Canada decreased their price target on shares of Union Pacific from $282.00 to $272.00 and set an “outperform” rating on the stock in a research note on Friday, January 26th. Stifel Nicolaus raised their price objective on shares of Union Pacific from $231.00 to $248.00 and gave the stock a “hold” rating in a research report on Friday, April 12th. BMO Capital Markets upped their target price on Union Pacific from $270.00 to $275.00 and gave the company an “outperform” rating in a research report on Friday, January 26th. Finally, Benchmark increased their target price on Union Pacific from $260.00 to $266.00 and gave the stock a “buy” rating in a research note on Wednesday, April 10th. Seven analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and a consensus price target of $255.00.

Union Pacific Price Performance

UNP stock traded up $2.40 during mid-day trading on Monday, hitting $234.48. The stock had a trading volume of 2,200,023 shares, compared to its average volume of 2,310,622. The firm has a fifty day simple moving average of $245.03 and a 200 day simple moving average of $234.40. The firm has a market capitalization of $143.06 billion, a P/E ratio of 22.42, a P/E/G ratio of 2.51 and a beta of 1.07. The company has a current ratio of 0.81, a quick ratio of 0.67 and a debt-to-equity ratio of 2.11. Union Pacific Co. has a 52 week low of $190.37 and a 52 week high of $258.66.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, January 25th. The railroad operator reported $2.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.56 by $0.15. Union Pacific had a net margin of 26.45% and a return on equity of 46.87%. The business had revenue of $6.16 billion for the quarter, compared to analysts’ expectations of $6.05 billion. During the same period last year, the firm posted $2.67 earnings per share. The firm’s quarterly revenue was down .3% compared to the same quarter last year. As a group, research analysts forecast that Union Pacific Co. will post 11.01 EPS for the current year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, February 29th were issued a dividend of $1.30 per share. The ex-dividend date was Wednesday, February 28th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.22%. Union Pacific’s dividend payout ratio (DPR) is currently 49.71%.

Insider Buying and Selling

In other Union Pacific news, President Elizabeth F. Whited sold 3,750 shares of Union Pacific stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $250.00, for a total value of $937,500.00. Following the transaction, the president now owns 56,682 shares in the company, valued at $14,170,500. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.26% of the stock is owned by corporate 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.