Investor s Fiduciary Advisor Network LLC acquired a new stake in shares of Union Pacific Corporation (NYSE:UNP – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,894 shares of the railroad operator’s stock, valued at approximately $787,000.
Other large investors also recently bought and sold shares of the company. Rachor Investment Advisory Services LLC bought a new stake in Union Pacific during the 4th quarter valued at $25,000. Tucker Asset Management LLC purchased a new position in shares of Union Pacific in the 4th quarter valued at $25,000. SWAN Capital LLC raised its position in shares of Union Pacific by 2,575.0% in the 4th quarter. SWAN Capital LLC now owns 107 shares of the railroad operator’s stock worth $25,000 after acquiring an additional 103 shares in the last quarter. High Point Wealth Management LLC bought a new position in shares of Union Pacific in the 4th quarter worth $26,000. Finally, Cornerstone Financial Management LLC purchased a new stake in shares of Union Pacific during the 4th quarter worth $27,000. Institutional investors own 80.38% of the company’s stock.
Analysts Set New Price Targets
A number of equities research analysts recently weighed in on the company. Wells Fargo & Company reaffirmed an “overweight” rating and set a $335.00 price objective (up from $315.00) on shares of Union Pacific in a research report on Friday, July 24th. BMO Capital Markets reiterated a “market perform” rating and issued a $320.00 target price (up from $285.00) on shares of Union Pacific in a report on Friday, July 24th. Citigroup increased their price target on shares of Union Pacific from $326.00 to $349.00 and gave the company a “buy” rating in a research report on Friday, July 24th. Stephens upgraded shares of Union Pacific to a “strong-buy” rating in a report on Wednesday, July 8th. Finally, Weiss Ratings upgraded shares of Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 24th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $320.89.
Union Pacific Stock Performance
Shares of UNP stock opened at $307.97 on Monday. Union Pacific Corporation has a 12-month low of $210.84 and a 12-month high of $315.99. The business’s fifty day simple moving average is $286.30 and its 200-day simple moving average is $267.83. The company has a current ratio of 0.99, a quick ratio of 0.82 and a debt-to-equity ratio of 1.40. The company has a market cap of $182.96 billion, a PE ratio of 24.94, a PEG ratio of 3.14 and a beta of 0.96.
Union Pacific (NYSE:UNP – Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The railroad operator reported $3.41 earnings per share for the quarter, topping analysts’ consensus estimates of $3.26 by $0.15. Union Pacific had a return on equity of 38.46% and a net margin of 28.85%.The firm had revenue of $6.86 billion during the quarter, compared to analysts’ expectations of $6.72 billion. During the same quarter last year, the firm earned $3.03 EPS. The business’s quarterly revenue was up 11.5% on a year-over-year basis. Analysts expect that Union Pacific Corporation will post 12.93 earnings per share for the current fiscal year.
Union Pacific Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, August 31st will be paid a $1.42 dividend. This represents a $5.68 dividend on an annualized basis and a yield of 1.8%. This is a boost from Union Pacific’s previous quarterly dividend of $1.38. The ex-dividend date is Monday, August 31st. Union Pacific’s dividend payout ratio (DPR) is 44.70%.
Insiders Place Their Bets
In other Union Pacific news, EVP Eric J. Gehringer sold 2,991 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $263.96, for a total value of $789,504.36. Following the completion of the sale, the executive vice president owned 43,012 shares of the company’s stock, valued at approximately $11,353,447.52. This trade represents a 6.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.22% of the company’s stock.
About Union Pacific
Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.
Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.
Recommended Stories
- Five stocks we like better than Union Pacific
- VIG, VYM, and VYMI: Which Vanguard Dividend ETF Is Right for You?
- 3 Closed-End Funds to Maximize Dividend Payments
- Rocket Lab’s Sell-Off Is Fading—Is It Finally Safe to Buy?
- $27 Billion in Buybacks: 3 Stocks Betting Their Strong Runs Aren’t Over
Receive News & Ratings for Union Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific and related companies with MarketBeat.com's FREE daily email newsletter.
