Diversify Wealth Management LLC Raises Stake in Union Pacific Co. (NYSE:UNP)

Diversify Wealth Management LLC increased its position in Union Pacific Co. (NYSE:UNP) by 67.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,451 shares of the railroad operator’s stock after buying an additional 4,201 shares during the period. Diversify Wealth Management LLC’s holdings in Union Pacific were worth $2,354,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of UNP. Ellsworth Advisors LLC increased its stake in Union Pacific by 9.6% in the fourth quarter. Ellsworth Advisors LLC now owns 5,654 shares of the railroad operator’s stock valued at $1,289,000 after purchasing an additional 493 shares during the last quarter. Client 1ST Advisory Group LLC acquired a new position in shares of Union Pacific during the 4th quarter valued at about $319,000. Grove Bank & Trust lifted its holdings in shares of Union Pacific by 30.5% during the 4th quarter. Grove Bank & Trust now owns 4,515 shares of the railroad operator’s stock worth $1,030,000 after acquiring an additional 1,056 shares during the period. Artemis Investment Management LLP boosted its position in shares of Union Pacific by 80.8% in the fourth quarter. Artemis Investment Management LLP now owns 18,913 shares of the railroad operator’s stock worth $4,313,000 after acquiring an additional 8,452 shares during the last quarter. Finally, Kelly Financial Services LLC purchased a new stake in Union Pacific in the fourth quarter valued at approximately $3,813,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of Union Pacific stock opened at $233.99 on Tuesday. The firm has a market cap of $141.86 billion, a PE ratio of 21.49, a price-to-earnings-growth ratio of 2.02 and a beta of 1.06. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.66. The firm’s 50-day simple moving average is $233.83 and its 200-day simple moving average is $239.04. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The firm had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. During the same period in the prior year, the business earned $2.51 EPS. The company’s quarterly revenue was up 2.5% on a year-over-year basis. Equities analysts forecast that Union Pacific Co. will post 10.95 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were issued a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a yield of 2.29%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific’s dividend payout ratio is presently 49.22%.

Analyst Ratings Changes

A number of research firms have weighed in on UNP. Raymond James increased their price target on shares of Union Pacific from $260.00 to $265.00 and gave the stock a “strong-buy” rating in a research note on Friday, January 10th. Wells Fargo & Company lowered their price target on Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a research report on Tuesday, January 7th. Royal Bank of Canada cut their price objective on Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. TD Cowen reduced their price objective on Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. Finally, Robert W. Baird dropped their target price on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Nine investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $259.35.

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.