Union Pacific Co. (NYSE:UNP) Shares Purchased by Moss Adams Wealth Advisors LLC

Moss Adams Wealth Advisors LLC boosted its position in Union Pacific Co. (NYSE:UNP) by 32.8% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,949 shares of the railroad operator’s stock after purchasing an additional 481 shares during the quarter. Moss Adams Wealth Advisors LLC’s holdings in Union Pacific were worth $460,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in UNP. Norges Bank acquired a new position in Union Pacific in the 4th quarter valued at $1,927,377,000. Raymond James Financial Inc. acquired a new position in Union Pacific in the 4th quarter valued at $1,035,905,000. GAMMA Investing LLC raised its stake in Union Pacific by 27,502.8% in the 1st quarter. GAMMA Investing LLC now owns 2,491,151 shares of the railroad operator’s stock valued at $588,510,000 after purchasing an additional 2,482,126 shares during the last quarter. Geode Capital Management LLC raised its stake in Union Pacific by 12.6% in the 4th quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator’s stock valued at $3,282,305,000 after purchasing an additional 1,616,895 shares during the last quarter. Finally, Capital Research Global Investors raised its stake in Union Pacific by 14.3% in the 4th quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator’s stock valued at $2,370,559,000 after purchasing an additional 1,298,178 shares during the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Price Performance

UNP stock opened at $223.39 on Monday. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. The firm has a market capitalization of $133.47 billion, a P/E ratio of 20.14, a P/E/G ratio of 2.15 and a beta of 1.05. The business’s 50-day moving average is $220.25 and its two-hundred day moving average is $232.17. Union Pacific Co. has a 1 year low of $204.66 and a 1 year high of $258.07.

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

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be given a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a dividend yield of 2.40%. The ex-dividend date is Friday, May 30th. Union Pacific’s dividend payout ratio (DPR) is presently 48.29%.

Analyst Ratings Changes

UNP has been the subject of several analyst reports. UBS Group dropped their target price on Union Pacific from $255.00 to $245.00 and set a “neutral” rating for the company in a report on Wednesday, April 2nd. Wells Fargo & Company dropped their target price on Union Pacific from $265.00 to $260.00 and set an “overweight” rating for the company in a report on Thursday, March 27th. Argus upgraded Union Pacific to a “strong-buy” rating in a report on Friday, May 16th. Barclays dropped their target price on Union Pacific from $285.00 to $260.00 and set an “overweight” rating for the company in a report on Friday, April 25th. Finally, Jefferies Financial Group dropped their target price on Union Pacific from $255.00 to $230.00 and set a “hold” rating for the company in a report on Wednesday, April 9th. One analyst has rated the stock with a sell rating, seven have given a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $257.74.

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.