Golden State Wealth Management LLC Purchases 3,593 Shares of Union Pacific Corporation (NYSE:UNP)

Golden State Wealth Management LLC increased its position in Union Pacific Corporation (NYSE:UNP) by 224.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,195 shares of the railroad operator’s stock after purchasing an additional 3,593 shares during the quarter. Golden State Wealth Management LLC’s holdings in Union Pacific were worth $1,228,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Highline Wealth Partners LLC lifted its stake in Union Pacific by 103.5% during the first quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator’s stock worth $27,000 after purchasing an additional 59 shares during the period. EnRich Financial Partners LLC bought a new position in shares of Union Pacific during the 4th quarter worth approximately $31,000. Strategic Investment Solutions Inc. IL lifted 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 worth $39,000 after buying an additional 45 shares during the period. Meeder Asset Management Inc. boosted its stake in Union Pacific by 223.2% in the 4th quarter. Meeder Asset Management Inc. now owns 307 shares of the railroad operator’s stock valued at $70,000 after buying an additional 212 shares in the last quarter. Finally, Transce3nd LLC bought a new stake in Union Pacific in the fourth quarter valued at $72,000. 80.38% of the stock is owned by institutional investors.

Union Pacific Stock Performance

Shares of NYSE:UNP opened at $226.90 on Thursday. The company has a current ratio of 0.73, a quick ratio of 0.61 and a debt-to-equity ratio of 1.91. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $258.07. The stock has a market capitalization of $135.57 billion, a P/E ratio of 20.44, a P/E/G ratio of 2.29 and a beta of 1.05. The business has a 50-day moving average price of $221.70 and a two-hundred day moving average price of $230.78.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share for the quarter, missing analysts’ consensus estimates of $2.73 by ($0.03). Union Pacific had a return on equity of 40.80% and a net margin of 27.76%. The business had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $6.11 billion. During the same period last year, the firm earned $2.69 earnings per share. The company’s quarterly revenue was down .1% on a year-over-year basis. Equities analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be given a $1.34 dividend. The ex-dividend date is Friday, May 30th. This represents a $5.36 annualized dividend and a dividend yield of 2.36%. Union Pacific’s dividend payout ratio is currently 48.29%.

Analysts Set New Price Targets

UNP has been the subject of a number of analyst reports. Jefferies Financial Group cut their price objective on Union Pacific from $255.00 to $230.00 and set a “hold” rating for the company in a report on Wednesday, April 9th. Stephens cut their price target on shares of Union Pacific from $275.00 to $255.00 and set an “overweight” rating for the company in a report on Monday, April 28th. UBS Group reduced their price target on shares of Union Pacific from $255.00 to $245.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 2nd. Stifel Nicolaus dropped their price objective on shares of Union Pacific from $270.00 to $248.00 and set a “buy” rating for the company in a report on Monday, April 14th. Finally, 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. One analyst has rated the stock with a sell rating, six have issued a hold rating, sixteen have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $258.39.

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.