Kolinsky Wealth Management LLC Acquires 81 Shares of Union Pacific Co. (NYSE:UNP)

Kolinsky Wealth Management LLC grew its holdings in Union Pacific Co. (NYSE:UNP) by 2.9% during the third quarter, Holdings Channel.com reports. The firm owned 2,866 shares of the railroad operator’s stock after acquiring an additional 81 shares during the period. Kolinsky Wealth Management LLC’s holdings in Union Pacific were worth $706,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in UNP. PGGM Investments acquired a new stake in shares of Union Pacific in the first quarter valued at approximately $164,000. EverSource Wealth Advisors LLC increased its position in Union Pacific by 73.2% in the first quarter. EverSource Wealth Advisors LLC now owns 4,064 shares of the railroad operator’s stock worth $964,000 after purchasing an additional 1,718 shares during the period. Armstrong Henry H Associates Inc. lifted its position in Union Pacific by 0.6% during the 2nd quarter. Armstrong Henry H Associates Inc. now owns 64,602 shares of the railroad operator’s stock valued at $14,617,000 after purchasing an additional 398 shares during the period. GAMMA Investing LLC boosted its stake in shares of Union Pacific by 53.7% in the 2nd quarter. GAMMA Investing LLC now owns 7,222 shares of the railroad operator’s stock valued at $1,634,000 after purchasing an additional 2,524 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV grew its position in shares of Union Pacific by 1.8% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 43,494 shares of the railroad operator’s stock worth $9,841,000 after buying an additional 760 shares during the period. Institutional investors own 80.38% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on UNP. Barclays raised their price objective on shares of Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a research note on Wednesday, November 13th. StockNews.com lowered Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Evercore ISI downgraded Union Pacific from an “outperform” rating to an “inline” rating and dropped their price objective for the company from $254.00 to $247.00 in a report on Wednesday, September 25th. Royal Bank of Canada reduced their target price on Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Finally, Susquehanna cut their price target on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $259.80.

Union Pacific Stock Down 0.1 %

UNP stock opened at $244.87 on Friday. The business has a 50-day moving average of $240.12 and a 200-day moving average of $238.55. Union Pacific Co. has a fifty-two week low of $218.55 and a fifty-two week high of $258.66. The stock has a market capitalization of $148.45 billion, a P/E ratio of 22.49, a P/E/G ratio of 2.43 and a beta of 1.06. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The business had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. During the same quarter last year, the business earned $2.51 earnings per share. Union Pacific’s revenue for the quarter was up 2.5% on a year-over-year basis. On average, sell-side analysts anticipate that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Monday, December 9th will be given a dividend of $1.34 per share. The ex-dividend date is Monday, December 9th. This represents a $5.36 annualized dividend and a yield of 2.19%. Union Pacific’s dividend payout ratio (DPR) is presently 49.22%.

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.