Azzad Asset Management Inc. ADV Acquires 3,774 Shares of Union Pacific Corporation $UNP

Azzad Asset Management Inc. ADV increased its holdings in Union Pacific Corporation (NYSE:UNP) by 38.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,657 shares of the railroad operator’s stock after purchasing an additional 3,774 shares during the quarter. Azzad Asset Management Inc. ADV’s holdings in Union Pacific were worth $3,159,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the business. South Shore Capital Advisors bought a new stake in shares of Union Pacific in the fourth quarter worth about $922,000. Rydar Equities Inc. boosted its position in Union Pacific by 2.9% during the 4th quarter. Rydar Equities Inc. now owns 6,059 shares of the railroad operator’s stock valued at $1,402,000 after acquiring an additional 169 shares in the last quarter. Forbes J M & Co. LLP boosted its position in Union Pacific by 0.7% during the 4th quarter. Forbes J M & Co. LLP now owns 55,903 shares of the railroad operator’s stock valued at $12,931,000 after acquiring an additional 393 shares in the last quarter. KFG Wealth Management LLC boosted its position in Union Pacific by 5.4% during the 4th quarter. KFG Wealth Management LLC now owns 956 shares of the railroad operator’s stock valued at $221,000 after acquiring an additional 49 shares in the last quarter. Finally, Persium Advisors LLC bought a new stake in Union Pacific during the 4th quarter valued at approximately $690,000. 80.38% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, EVP Eric J. Gehringer sold 1,999 shares of the business’s stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $234.93, for a total value of $469,625.07. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.28% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have weighed in on UNP. Robert W. Baird set a $311.00 price objective on Union Pacific and gave the company an “outperform” rating in a research report on Friday, March 6th. Royal Bank Of Canada set a $280.00 price objective on Union Pacific in a research report on Thursday, December 18th. Deutsche Bank Aktiengesellschaft set a $245.00 price objective on Union Pacific in a research report on Thursday, December 11th. Citigroup reaffirmed a “buy” rating and set a $270.00 price objective (up from $265.00) on shares of Union Pacific in a research report on Wednesday, January 28th. Finally, Evercore raised Union Pacific from an “in-line” rating to an “outperform” rating and set a $262.00 price objective on the stock in a research report on Thursday, March 19th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $265.18.

Union Pacific Stock Performance

Shares of UNP opened at $245.37 on Tuesday. The company has a quick ratio of 0.75, a current ratio of 0.91 and a debt-to-equity ratio of 1.64. The business’s 50 day moving average price is $250.08 and its 200-day moving average price is $236.31. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $268.14. The stock has a market cap of $145.60 billion, a P/E ratio of 20.50, a P/E/G ratio of 2.70 and a beta of 0.96.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Tuesday, January 27th. The railroad operator reported $2.86 EPS for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.06). Union Pacific had a return on equity of 40.89% and a net margin of 29.12%.The company had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.15 billion. During the same period in the prior year, the firm earned $2.91 earnings per share. The business’s revenue for the quarter was down .6% compared to the same quarter last year. Equities research analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, February 27th were issued a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date was Friday, February 27th. Union Pacific’s payout ratio is presently 46.12%.

Union Pacific Profile

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.