1900 Wealth Management LLC Acquires 165 Shares of Union Pacific Co. (NYSE:UNP)

1900 Wealth Management LLC grew its holdings in shares of Union Pacific Co. (NYSE:UNP) by 6.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,585 shares of the railroad operator’s stock after purchasing an additional 165 shares during the quarter. 1900 Wealth Management LLC’s holdings in Union Pacific were worth $635,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in UNP. BluePath Capital Management LLC bought a new position in shares of Union Pacific in the third quarter valued at approximately $25,000. Valued Wealth Advisors LLC bought a new position in shares of Union Pacific in the fourth quarter valued at approximately $28,000. Fortitude Family Office LLC bought a new position in shares of Union Pacific in the fourth quarter valued at approximately $44,000. Hexagon Capital Partners LLC boosted its position in shares of Union Pacific by 48.6% in the third quarter. Hexagon Capital Partners LLC now owns 309 shares of the railroad operator’s stock valued at $63,000 after acquiring an additional 101 shares during the period. Finally, Legacy Financial Group LLC bought a new position in shares of Union Pacific in the third quarter valued at approximately $83,000. Institutional investors own 80.38% of the company’s stock.

Insider Buying and Selling

In related news, President Elizabeth F. Whited sold 3,750 shares of the stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $250.00, for a total value of $937,500.00. Following the completion of the sale, the president now directly owns 56,682 shares of the company’s stock, valued at approximately $14,170,500. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.26% of the stock is currently owned by insiders.

Union Pacific Stock Performance

Shares of NYSE UNP traded up $2.11 during midday trading on Tuesday, hitting $236.58. 522,723 shares of the company’s stock traded hands, compared to its average volume of 2,286,591. Union Pacific Co. has a 1 year low of $190.37 and a 1 year high of $258.66. The stock has a market capitalization of $144.34 billion, a price-to-earnings ratio of 22.42, a price-to-earnings-growth ratio of 2.51 and a beta of 1.07. The company has a debt-to-equity ratio of 2.11, a quick ratio of 0.67 and a current ratio of 0.81. The firm has a fifty day moving average of $245.03 and a 200 day moving average of $234.40.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, January 25th. The railroad operator reported $2.71 EPS for the quarter, beating the consensus estimate of $2.56 by $0.15. Union Pacific had a net margin of 26.45% and a return on equity of 46.87%. The firm had revenue of $6.16 billion during the quarter, compared to analyst estimates of $6.05 billion. During the same quarter in the prior year, the firm earned $2.67 EPS. The business’s revenue for the quarter was down .3% compared to the same quarter last year. On average, analysts forecast that Union Pacific Co. will post 11.01 earnings per share for the current year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Thursday, February 29th were issued a $1.30 dividend. This represents a $5.20 annualized dividend and a yield of 2.20%. The ex-dividend date was Wednesday, February 28th. Union Pacific’s dividend payout ratio is 49.71%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on UNP. UBS Group raised their target price on shares of Union Pacific from $235.00 to $248.00 and gave the company a “neutral” rating in a research note on Friday, January 26th. TD Cowen raised their target price on shares of Union Pacific from $228.00 to $251.00 and gave the company an “outperform” rating in a research note on Friday, January 26th. Stifel Nicolaus raised their target price on shares of Union Pacific from $231.00 to $248.00 and gave the company a “hold” rating in a research note on Friday, April 12th. Susquehanna raised their target price on shares of Union Pacific from $245.00 to $255.00 and gave the company a “neutral” rating in a research note on Thursday, March 28th. Finally, Sanford C. Bernstein raised shares of Union Pacific from a “market perform” rating to an “outperform” rating and set a $280.00 price target on the stock in a research note on Monday, January 22nd. Seven analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $255.00.

Union Pacific Company 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.