Union Pacific Co. (NYSE:UNP) Shares Purchased by Thrive Wealth Management LLC

Thrive Wealth Management LLC increased its stake in shares of Union Pacific Co. (NYSE:UNPFree Report) by 4.7% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 4,192 shares of the railroad operator’s stock after acquiring an additional 190 shares during the period. Thrive Wealth Management LLC’s holdings in Union Pacific were worth $1,031,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. OLD Point Trust & Financial Services N A acquired a new position in Union Pacific during the 4th quarter worth approximately $25,000. Raleigh Capital Management Inc. lifted its position in Union Pacific by 211.4% during the 4th quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator’s stock worth $27,000 after acquiring an additional 74 shares in the last quarter. Valued Wealth Advisors LLC purchased a new stake in Union Pacific during the 4th quarter worth approximately $28,000. Scarborough Advisors LLC purchased a new stake in Union Pacific during the 4th quarter worth approximately $29,000. Finally, Transcendent Capital Group LLC purchased a new stake in Union Pacific during the 4th quarter worth approximately $34,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have issued reports on UNP. Stifel Nicolaus upgraded Union Pacific from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $248.00 to $267.00 in a report on Friday, May 3rd. Evercore ISI lifted their price objective on Union Pacific from $271.00 to $273.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. Loop Capital downgraded Union Pacific from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $276.00 to $238.00 in a report on Monday, June 17th. StockNews.com downgraded Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, June 18th. Finally, The Goldman Sachs Group lifted their price objective on Union Pacific from $248.00 to $274.00 and gave the stock a “buy” rating in a report on Thursday, April 11th. Eight investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $258.92.

Read Our Latest Stock Report on UNP

Union Pacific Price Performance

Shares of Union Pacific stock traded up $2.60 during trading on Friday, hitting $226.07. The stock had a trading volume of 151,615 shares, compared to its average volume of 2,288,302. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.93 and a quick ratio of 0.76. The firm has a market cap of $137.93 billion, a P/E ratio of 21.32, a PEG ratio of 1.82 and a beta of 1.05. The business has a fifty day moving average of $233.55 and a two-hundred day moving average of $240.40. Union Pacific Co. has a fifty-two week low of $199.33 and a fifty-two week high of $258.66.

Union Pacific (NYSE:UNPGet Free Report) last announced its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, beating the consensus estimate of $2.50 by $0.19. The business had revenue of $6.03 billion during the quarter, compared to analyst estimates of $5.97 billion. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The company’s revenue was down .4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.67 earnings per share. On average, sell-side analysts expect that Union Pacific Co. will post 11.25 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, May 31st will be issued a $1.30 dividend. The ex-dividend date is Friday, May 31st. This represents a $5.20 annualized dividend and a dividend yield of 2.30%. Union Pacific’s dividend payout ratio (DPR) is 49.62%.

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

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