Leo Wealth LLC Acquires 2,468 Shares of Union Pacific Co. (NYSE:UNP)

Leo Wealth LLC increased its holdings in shares of Union Pacific Co. (NYSE:UNP) by 190.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,765 shares of the railroad operator’s stock after purchasing an additional 2,468 shares during the period. Leo Wealth LLC’s holdings in Union Pacific were worth $859,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of UNP. Brookstone Capital Management raised its position in shares of Union Pacific by 1.0% in the 3rd quarter. Brookstone Capital Management now owns 19,239 shares of the railroad operator’s stock worth $4,742,000 after acquiring an additional 196 shares in the last quarter. Marcum Wealth LLC grew its stake in Union Pacific by 4.4% in the third quarter. Marcum Wealth LLC now owns 2,795 shares of the railroad operator’s stock valued at $689,000 after purchasing an additional 118 shares during the last quarter. Wedmont Private Capital raised its holdings in Union Pacific by 10.8% in the third quarter. Wedmont Private Capital now owns 4,743 shares of the railroad operator’s stock worth $1,123,000 after purchasing an additional 462 shares in the last quarter. Sanibel Captiva Trust Company Inc. lifted its position in shares of Union Pacific by 1.8% during the third quarter. Sanibel Captiva Trust Company Inc. now owns 5,602 shares of the railroad operator’s stock valued at $1,381,000 after buying an additional 100 shares during the last quarter. Finally, Hoese & Co LLP boosted its holdings in shares of Union Pacific by 3,076.9% in the 3rd quarter. Hoese & Co LLP now owns 413 shares of the railroad operator’s stock valued at $102,000 after buying an additional 400 shares in the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Stock Performance

NYSE UNP opened at $242.12 on Friday. The firm has a market capitalization of $146.79 billion, a P/E ratio of 21.83, a PEG ratio of 2.15 and a beta of 1.06. The stock has a 50-day simple moving average of $235.20 and a two-hundred day simple moving average of $240.17. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.63 and a current ratio of 0.77. Union Pacific Co. has a fifty-two week low of $218.55 and a fifty-two week high of $258.66.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, topping analysts’ consensus estimates of $2.76 by $0.15. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. During the same period in the prior year, the company earned $2.71 earnings per share. On average, equities analysts forecast that Union Pacific Co. will post 12.03 earnings per share for the current year.

Union Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be issued a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.21%. The ex-dividend date is Friday, February 28th. Union Pacific’s payout ratio is currently 48.33%.

Insider Activity

In related news, President Elizabeth F. Whited sold 7,500 shares of Union Pacific stock in a transaction on Friday, January 24th. The shares were sold at an average price of $250.00, for a total value of $1,875,000.00. Following the sale, the president now owns 64,960 shares of the company’s stock, valued at approximately $16,240,000. This trade represents a 10.35 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Craig V. Richardson sold 6,495 shares of the company’s stock in a transaction on Monday, January 27th. The stock was sold at an average price of $252.00, for a total transaction of $1,636,740.00. Following the transaction, the executive vice president now owns 26,319 shares of the company’s stock, valued at $6,632,388. This represents a 19.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.26% of the company’s stock.

Wall Street Analyst Weigh In

UNP has been the subject of several recent analyst reports. Citigroup boosted their price objective on shares of Union Pacific from $254.00 to $260.00 and gave the stock a “neutral” rating in a research note on Friday, January 24th. Barclays upped their price target on Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 13th. TD Cowen raised their price objective on Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Robert W. Baird upped their target price on Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Finally, Guggenheim raised their price target on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, January 24th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $261.40.

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.