White Knight Strategic Wealth Advisors LLC Makes New $309,000 Investment in Union Pacific Co. (NYSE:UNP)

White Knight Strategic Wealth Advisors LLC purchased a new position in Union Pacific Co. (NYSE:UNP) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 1,354 shares of the railroad operator’s stock, valued at approximately $309,000.

Several other institutional investors and hedge funds have also recently modified their holdings of UNP. Compass Financial Services Inc bought a new stake in shares of Union Pacific during the 4th quarter valued at $25,000. Synergy Asset Management LLC bought a new stake in shares of Union Pacific during the 4th quarter valued at $29,000. EnRich Financial Partners LLC bought a new stake in shares of Union Pacific during the 4th quarter valued at $31,000. PrairieView Partners LLC bought a new stake in shares of Union Pacific during the 4th quarter valued at $34,000. Finally, Strategic Investment Solutions Inc. IL raised its position in shares of Union Pacific by 38.8% during the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator’s stock valued at $39,000 after purchasing an additional 45 shares during the period. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Price Performance

UNP stock opened at $228.35 on Wednesday. Union Pacific Co. has a 12 month low of $204.66 and a 12 month high of $258.07. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76. The company has a 50-day moving average price of $223.88 and a 200 day moving average price of $233.63. The stock has a market cap of $136.43 billion, a PE ratio of 20.59, a P/E/G ratio of 2.15 and a beta of 1.07.

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

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors 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 dividend on an annualized basis and a dividend yield of 2.35%. Union Pacific’s dividend payout ratio is presently 48.29%.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Union Pacific in a research report on Friday, March 7th. They set a “buy” rating and a $295.00 price objective on the stock. Susquehanna cut their target price on shares of Union Pacific from $255.00 to $245.00 and set a “neutral” rating for the company in a research note on Friday, April 25th. Barclays cut their target price on shares of Union Pacific from $285.00 to $260.00 and set an “overweight” rating for the company in a research note on Friday, April 25th. Stephens cut their target price on shares of Union Pacific from $275.00 to $255.00 and set an “overweight” rating for the company in a research note on Monday, April 28th. Finally, Stifel Nicolaus cut their target price on shares of Union Pacific from $270.00 to $248.00 and set a “buy” rating for the company in a research note on Monday, April 14th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $257.50.

Union Pacific 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.