Kolinsky Wealth Management LLC Increases Stock Position in Union Pacific Co. (NYSE:UNP)

Kolinsky Wealth Management LLC increased its holdings in Union Pacific Co. (NYSE:UNP) by 2.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,930 shares of the railroad operator’s stock after acquiring an additional 64 shares during the quarter. Kolinsky Wealth Management LLC’s holdings in Union Pacific were worth $668,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of UNP. Geode Capital Management LLC raised its holdings in Union Pacific by 12.6% in the fourth quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator’s stock valued at $3,282,305,000 after acquiring an additional 1,616,895 shares in the last quarter. Capital Research Global Investors grew its stake in Union Pacific by 14.3% in the fourth quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator’s stock worth $2,370,559,000 after purchasing an additional 1,298,178 shares in the last quarter. Norges Bank bought a new stake in Union Pacific in the fourth quarter valued at about $1,927,377,000. Franklin Resources Inc. raised its stake in Union Pacific by 5.0% during the fourth quarter. Franklin Resources Inc. now owns 7,686,387 shares of the railroad operator’s stock valued at $1,752,804,000 after buying an additional 363,937 shares in the last quarter. Finally, Northern Trust Corp lifted its holdings in Union Pacific by 15.2% during the 4th quarter. Northern Trust Corp now owns 6,962,650 shares of the railroad operator’s stock worth $1,587,763,000 after buying an additional 920,414 shares during the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Trading Down 0.5%

Shares of NYSE UNP opened at $228.35 on Wednesday. The stock has a market cap of $136.43 billion, a price-to-earnings ratio of 20.59, a PEG ratio of 2.15 and a beta of 1.07. The business has a 50 day simple moving average of $223.88 and a 200 day simple moving average of $233.63. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. Union Pacific Co. has a 52 week low of $204.66 and a 52 week high of $258.07.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing the consensus estimate of $2.73 by ($0.03). The business had revenue of $6.03 billion for the quarter, compared to analyst estimates of $6.11 billion. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. The business’s revenue for the quarter was down .1% compared to the same quarter last year. During the same quarter last year, the company earned $2.69 EPS. On average, research analysts predict that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be issued a dividend of $1.34 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.35%. Union Pacific’s dividend payout ratio (DPR) is presently 48.29%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Loop Capital downgraded Union Pacific from a “hold” rating to a “sell” rating and lowered their price target for the company from $265.00 to $200.00 in a report on Monday, February 3rd. Deutsche Bank Aktiengesellschaft started coverage on shares of Union Pacific in a research report on Friday, March 7th. They issued a “buy” rating and a $295.00 price target on the stock. Citigroup upgraded Union Pacific from a “neutral” rating to a “buy” rating and dropped their price target for the stock from $260.00 to $244.00 in a research report on Tuesday, April 8th. Guggenheim raised their target price on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Finally, Benchmark increased their price target on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $257.50.

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.