Arkadios Wealth Advisors Has $7.47 Million Stock Holdings in Union Pacific Corporation $UNP

Arkadios Wealth Advisors grew its position in Union Pacific Corporation (NYSE:UNP) by 436.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 31,590 shares of the railroad operator’s stock after purchasing an additional 25,701 shares during the quarter. Arkadios Wealth Advisors’ holdings in Union Pacific were worth $7,467,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Norges Bank bought a new position in shares of Union Pacific during the second quarter worth approximately $1,856,340,000. Fisher Asset Management LLC raised its stake in Union Pacific by 0.7% in the second quarter. Fisher Asset Management LLC now owns 6,398,715 shares of the railroad operator’s stock valued at $1,472,217,000 after purchasing an additional 46,436 shares in the last quarter. Amundi raised its position in Union Pacific by 35.6% during the second quarter. Amundi now owns 4,782,577 shares of the railroad operator’s stock valued at $1,134,236,000 after purchasing an additional 1,255,231 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of Union Pacific by 32.8% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 3,152,042 shares of the railroad operator’s stock worth $725,222,000 after buying an additional 778,411 shares in the last quarter. Finally, Laurel Wealth Advisors LLC grew its holdings in shares of Union Pacific by 22,618.2% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,624,636 shares of the railroad operator’s stock valued at $603,876,000 after purchasing an additional 2,613,083 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Price Performance

Union Pacific stock opened at $221.72 on Wednesday. The business’s 50 day simple moving average is $230.78 and its 200 day simple moving average is $226.93. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $256.84. The company has a market cap of $131.52 billion, a price-to-earnings ratio of 18.84, a PEG ratio of 2.65 and a beta of 0.99. The company has a current ratio of 0.75, a quick ratio of 0.60 and a debt-to-equity ratio of 1.75.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, October 23rd. The railroad operator reported $3.08 EPS for the quarter, beating the consensus estimate of $2.99 by $0.09. The business had revenue of $6.24 billion for the quarter, compared to the consensus estimate of $6.24 billion. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The company’s revenue was up 2.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.75 earnings per share. Sell-side analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Friday, December 5th were issued a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend was Friday, December 5th. Union Pacific’s dividend payout ratio is presently 46.90%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on UNP shares. BMO Capital Markets set a $255.00 price objective on shares of Union Pacific in a report on Wednesday, January 7th. Susquehanna reiterated a “buy” rating on shares of Union Pacific in a report on Monday. Citigroup set a $264.00 price objective on shares of Union Pacific and gave the company a “buy” rating in a report on Thursday, January 8th. Deutsche Bank Aktiengesellschaft set a $245.00 price objective on shares of Union Pacific in a research report on Thursday, December 11th. Finally, Barclays reaffirmed an “overweight” rating and issued a $285.00 target price (up from $270.00) on shares of Union Pacific in a research report on Tuesday, December 16th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and a consensus target price of $259.58.

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.