Genesis Wealth Advisors LLC purchased a new stake in Union Pacific Co. (NYSE:UNP – Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 903 shares of the railroad operator’s stock, valued at approximately $206,000.
Several other hedge funds also recently made changes to their positions in UNP. Compass Financial Services Inc purchased a new position in Union Pacific during the fourth quarter worth about $25,000. Synergy Asset Management LLC purchased a new position in Union Pacific during the fourth quarter worth about $29,000. Catalyst Capital Advisors LLC purchased a new position in Union Pacific during the third quarter worth about $30,000. Peterson Financial Group Inc. purchased a new position in Union Pacific during the third quarter worth about $32,000. Finally, Dunhill Financial LLC grew its position in Union Pacific by 111.5% during the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after buying an additional 68 shares in the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several equities research analysts have issued reports on the company. Raymond James reaffirmed a “strong-buy” rating and set a $285.00 price target (up previously from $265.00) on shares of Union Pacific in a research note on Friday, January 24th. Wells Fargo & Company dropped their price target on Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a research note on Tuesday, January 7th. Guggenheim lifted their price target on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. BMO Capital Markets lifted their price target on Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. Finally, Citigroup lifted their price target on Union Pacific from $254.00 to $260.00 and gave the stock a “neutral” rating in a research note on Friday, January 24th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $261.40.
Insider Buying and Selling
In related news, EVP Craig V. Richardson sold 6,495 shares of the company’s stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $252.00, for a total value of $1,636,740.00. Following the transaction, the executive vice president now directly owns 26,319 shares of the company’s stock, valued at approximately $6,632,388. This represents a 19.79 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of the company’s stock in a transaction that occurred on Friday, January 24th. The shares were sold at an average price of $250.00, for a total value of $1,875,000.00. Following the completion of the transaction, the president now directly owns 64,960 shares in the company, valued at $16,240,000. This trade represents a 10.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by company insiders.
Union Pacific Stock Performance
Union Pacific stock opened at $245.43 on Monday. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. The company has a market capitalization of $148.31 billion, a P/E ratio of 22.13, a PEG ratio of 2.15 and a beta of 1.06. The stock’s 50 day moving average is $237.68 and its 200 day moving average is $240.73. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.66.
Union Pacific (NYSE:UNP – Get Free Report) last posted its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, topping the consensus estimate of $2.76 by $0.15. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. During the same period in the prior year, the company posted $2.71 EPS. On average, equities research analysts predict that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.
Union Pacific Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be paid a $1.34 dividend. The ex-dividend date is Friday, February 28th. This represents a $5.36 annualized dividend and a dividend yield of 2.18%. Union Pacific’s payout ratio is currently 48.33%.
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.
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