Journey Strategic Wealth LLC Acquires 921 Shares of Union Pacific Co. (NYSE:UNP)

Journey Strategic Wealth LLC boosted its stake in shares of Union Pacific Co. (NYSE:UNPFree Report) by 66.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,307 shares of the railroad operator’s stock after acquiring an additional 921 shares during the period. Journey Strategic Wealth LLC’s holdings in Union Pacific were worth $470,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in UNP. MAS Advisors LLC bought a new position in Union Pacific in the first quarter valued at approximately $233,000. Roundview Capital LLC boosted its position in Union Pacific by 3.8% in the first quarter. Roundview Capital LLC now owns 16,608 shares of the railroad operator’s stock valued at $4,537,000 after buying an additional 614 shares in the last quarter. Dakota Wealth Management acquired a new stake in Union Pacific in the first quarter valued at approximately $569,000. Candriam Luxembourg S.C.A. boosted its position in Union Pacific by 3.7% in the first quarter. Candriam Luxembourg S.C.A. now owns 47,144 shares of the railroad operator’s stock valued at $12,880,000 after buying an additional 1,664 shares in the last quarter. Finally, Mather Group LLC. boosted its position in Union Pacific by 10.1% in the first quarter. Mather Group LLC. now owns 1,745 shares of the railroad operator’s stock valued at $477,000 after buying an additional 160 shares in the last quarter. 77.36% of the stock is owned by institutional investors.

Insider Activity at Union Pacific

In other news, CEO Vincenzo J. Vena purchased 4,500 shares of the company’s stock in a transaction on Tuesday, November 21st. The stock was acquired at an average price of $222.00 per share, with a total value of $999,000.00. Following the transaction, the chief executive officer now directly owns 5,106 shares of the company’s stock, valued at approximately $1,133,532. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other news, CEO Vincenzo J. Vena purchased 4,500 shares of the company’s stock in a transaction that occurred on Tuesday, November 21st. The shares were bought at an average cost of $222.00 per share, for a total transaction of $999,000.00. Following the completion of the transaction, the chief executive officer now directly owns 5,106 shares of the company’s stock, valued at approximately $1,133,532. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Jennifer L. Hamann sold 1,000 shares of the business’s stock in a transaction on Wednesday, December 13th. The stock was sold at an average price of $235.00, for a total value of $235,000.00. Following the completion of the transaction, the chief financial officer now owns 98,297 shares of the company’s stock, valued at approximately $23,099,795. The disclosure for this sale can be found here. 0.30% of the stock is currently owned by company insiders.

Union Pacific Price Performance

Union Pacific stock traded down $0.75 during midday trading on Monday, reaching $247.58. 641,967 shares of the stock were exchanged, compared to its average volume of 2,402,390. The company has a debt-to-equity ratio of 2.11, a quick ratio of 0.57 and a current ratio of 0.81. Union Pacific Co. has a 52 week low of $183.69 and a 52 week high of $249.74. The firm has a market cap of $150.92 billion, a PE ratio of 23.74, a PEG ratio of 2.70 and a beta of 1.08. The company’s fifty day moving average is $238.66 and its 200-day moving average is $223.93.

Union Pacific (NYSE:UNPGet Free Report) last issued its quarterly earnings results on Thursday, January 25th. The railroad operator reported $2.71 EPS for the quarter, topping analysts’ consensus estimates of $2.56 by $0.15. The firm had revenue of $6.16 billion for the quarter, compared to analyst estimates of $6.05 billion. Union Pacific had a net margin of 26.45% and a return on equity of 46.87%. The business’s revenue for the quarter was down .3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.67 EPS. On average, sell-side analysts forecast that Union Pacific Co. will post 10.93 EPS for the current year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 28th. Stockholders of record on Friday, December 8th were paid a dividend of $1.30 per share. The ex-dividend date of this dividend was Thursday, December 7th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.10%. Union Pacific’s dividend payout ratio (DPR) is currently 49.71%.

Analyst Ratings Changes

UNP has been the topic of a number of research analyst reports. BMO Capital Markets raised their target price on shares of Union Pacific from $270.00 to $275.00 and gave the company an “outperform” rating in a research report on Friday, January 26th. Raymond James upped their price objective on shares of Union Pacific from $240.00 to $275.00 and gave the company a “strong-buy” rating in a research note on Tuesday, January 16th. Royal Bank of Canada cut their price target on shares of Union Pacific from $282.00 to $272.00 and set an “outperform” rating on the stock in a research report on Friday, January 26th. Benchmark restated a “buy” rating and set a $260.00 target price on shares of Union Pacific in a research report on Friday, January 26th. Finally, Sanford C. Bernstein raised 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 equities research analysts have rated the stock with a hold rating, twelve 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 a consensus price target of $249.67.

Read Our Latest Research Report on Union Pacific

Union Pacific Profile

(Free Report)

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, and other agricultural users; petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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