Michael Brady & Co. LLC Invests $551,000 in Union Pacific Corporation $UNP

Michael Brady & Co. LLC purchased a new position in shares of Union Pacific Corporation (NYSE:UNP) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 2,380 shares of the railroad operator’s stock, valued at approximately $551,000. Union Pacific accounts for 0.5% of Michael Brady & Co. LLC’s investment portfolio, making the stock its 23rd largest position.

A number of other institutional investors and hedge funds have also made changes to their positions in UNP. Caitlin John LLC acquired a new position in shares of Union Pacific during the 3rd quarter worth $27,000. Saranac Partners Ltd purchased a new stake in shares of Union Pacific in the 3rd quarter worth about $27,000. Stephens Consulting LLC boosted its position in shares of Union Pacific by 48.4% in the 4th quarter. Stephens Consulting LLC now owns 135 shares of the railroad operator’s stock worth $31,000 after buying an additional 44 shares in the last quarter. Beacon Financial Strategies CORP purchased a new stake in shares of Union Pacific in the 4th quarter worth about $33,000. Finally, Paladin Advisory Group LLC purchased a new stake in shares of Union Pacific in the 4th quarter worth about $33,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on UNP shares. Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a research report on Wednesday, April 15th. Evercore upgraded shares of Union Pacific from an “in-line” rating to an “outperform” rating and set a $262.00 price objective on the stock in a research report on Thursday, March 19th. TD Cowen decreased their price objective on shares of Union Pacific from $257.00 to $255.00 and set a “buy” rating on the stock in a research report on Wednesday, January 28th. JPMorgan Chase & Co. reduced their target price on shares of Union Pacific from $270.00 to $265.00 and set a “neutral” rating on the stock in a report on Wednesday, January 28th. Finally, BMO Capital Markets restated a “market perform” rating and issued a $295.00 target price on shares of Union Pacific in a report on Thursday, February 19th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $267.48.

Insider Buying and Selling at Union Pacific

In other news, EVP Eric J. Gehringer sold 1,999 shares of the stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $234.93, for a total transaction of $469,625.07. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.22% of the stock is currently owned by insiders.

Union Pacific Price Performance

NYSE:UNP opened at $251.99 on Tuesday. The firm has a market cap of $149.53 billion, a price-to-earnings ratio of 21.05, a price-to-earnings-growth ratio of 2.78 and a beta of 0.96. The company has a current ratio of 0.91, a quick ratio of 0.75 and a debt-to-equity ratio of 1.64. The company’s 50-day moving average is $251.86 and its two-hundred day moving average is $237.65. Union Pacific Corporation has a 12-month low of $206.63 and a 12-month high of $268.14.

Union Pacific (NYSE:UNP) last released 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 firm had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.15 billion. Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. Union Pacific’s revenue for the quarter was down .6% on a year-over-year basis. During the same quarter last year, the company posted $2.91 earnings per share. Research analysts expect that Union Pacific Corporation will post 12.42 EPS for the current year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th were issued a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Friday, February 27th. Union Pacific’s dividend payout ratio is presently 46.12%.

Union Pacific 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.