Wynn Capital LLC lifted its stake in Union Pacific Co. (NYSE:UNP – Free Report) by 26.9% in the 1st quarter, Holdings Channel reports. The firm owned 1,226 shares of the railroad operator’s stock after purchasing an additional 260 shares during the quarter. Wynn Capital LLC’s holdings in Union Pacific were worth $290,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Compass Financial Services Inc acquired a new stake in shares of Union Pacific in the fourth quarter valued at about $25,000. EnRich Financial Partners LLC purchased a new position in Union Pacific during the 4th quarter valued at about $31,000. PrairieView Partners LLC purchased a new position in Union Pacific during the 4th quarter valued at about $34,000. Strategic Investment Solutions Inc. IL increased its holdings in Union Pacific by 38.8% during the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator’s stock valued at $39,000 after acquiring an additional 45 shares in the last quarter. Finally, Kentucky Trust Co purchased a new position in Union Pacific during the 4th quarter valued at about $40,000. Institutional investors and hedge funds own 80.38% of the company’s stock.
Analysts Set New Price Targets
Several research firms have weighed in on UNP. Argus upgraded shares of Union Pacific to a “strong-buy” rating in a report on Friday, May 16th. Redburn Atlantic upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating and set a $259.00 target price for the company in a report on Wednesday, April 16th. Raymond James restated a “strong-buy” rating on shares of Union Pacific in a report on Friday, April 25th. Jefferies Financial Group dropped their target price on shares of Union Pacific from $255.00 to $230.00 and set a “hold” rating for the company in a report on Wednesday, April 9th. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of Union Pacific in a report on Friday, March 7th. They set a “buy” rating and a $295.00 price target for the company. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $257.74.
Union Pacific Price Performance
Union Pacific stock opened at $223.39 on Friday. Union Pacific Co. has a 1 year low of $204.66 and a 1 year high of $258.07. The firm has a 50 day moving average price of $220.25 and a 200 day moving average price of $232.22. The company has a market cap of $133.47 billion, a price-to-earnings ratio of 20.14, a PEG ratio of 2.15 and a beta of 1.05. 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 (NYSE:UNP – Get Free Report) last released its earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.73 by ($0.03). Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The company had revenue of $6.03 billion during the quarter, compared to analysts’ expectations of $6.11 billion. During the same quarter in the previous year, the firm posted $2.69 earnings per share. Union Pacific’s revenue for the quarter was down .1% compared to the same quarter last year. Sell-side analysts predict that Union Pacific Co. will post 11.99 earnings per share for the current year.
Union Pacific Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, May 30th will be given 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 yield of 2.40%. Union Pacific’s dividend payout ratio (DPR) is 48.29%.
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.
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