BCS Wealth Management raised its stake in Union Pacific Corporation (NYSE:UNP – Free Report) by 99.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,830 shares of the railroad operator’s stock after buying an additional 2,412 shares during the quarter. BCS Wealth Management’s holdings in Union Pacific were worth $1,117,000 at the end of the most recent reporting period.
Other institutional investors have also recently bought and sold shares of the company. Caitlin John LLC acquired a new stake in shares of Union Pacific in the third quarter valued at approximately $27,000. Saranac Partners Ltd acquired a new stake in shares of Union Pacific in the third quarter valued at approximately $27,000. Stephens Consulting LLC raised its holdings in shares of Union Pacific by 48.4% in the fourth quarter. Stephens Consulting LLC now owns 135 shares of the railroad operator’s stock valued at $31,000 after purchasing an additional 44 shares during the last quarter. Beacon Financial Strategies CORP acquired a new stake in shares of Union Pacific in the fourth quarter valued at approximately $33,000. Finally, Paladin Advisory Group LLC acquired a new stake in shares of Union Pacific in the fourth quarter valued at approximately $33,000. Institutional investors own 80.38% of the company’s stock.
Analyst Upgrades and Downgrades
UNP has been the topic of a number of recent research reports. TD Cowen lowered their price objective on shares of Union Pacific from $257.00 to $255.00 and set a “buy” rating on the stock in a report on Wednesday, January 28th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $267.00 price objective on shares of Union Pacific in a report on Tuesday, January 27th. Weiss Ratings upgraded shares of Union Pacific from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, February 6th. Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a report on Wednesday. Finally, Citigroup lifted their price objective on shares of Union Pacific from $270.00 to $285.00 and gave the company a “buy” rating in a report on Tuesday, April 7th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $267.10.
Insider Activity
In other news, EVP Eric J. Gehringer sold 1,999 shares of the business’s stock in a transaction dated 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 legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.22% of the company’s stock.
Union Pacific Trading Down 1.5%
UNP stock opened at $248.33 on Thursday. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.91 and a quick ratio of 0.75. The company has a fifty day moving average price of $251.94 and a two-hundred day moving average price of $237.30. Union Pacific Corporation has a one year low of $206.63 and a one year high of $268.14. The stock has a market cap of $147.36 billion, a price-to-earnings ratio of 20.75, a price-to-earnings-growth ratio of 2.78 and a beta of 0.96.
Union Pacific (NYSE:UNP – Get Free Report) last announced its earnings results on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.06). The business had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.15 billion. Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. The company’s revenue was down .6% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.91 EPS. Equities analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current year.
Union Pacific Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th were given a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Friday, February 27th. Union Pacific’s payout ratio is presently 46.12%.
Union Pacific Company 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.
Further Reading
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