Genesis Wealth Advisors LLC Takes $206,000 Position in Union Pacific Co. (NYSE:UNP)

Genesis Wealth Advisors LLC purchased a new stake in shares of Union Pacific Co. (NYSE:UNP) during the 4th quarter, Holdings Channel.com reports. The fund purchased 903 shares of the railroad operator’s stock, valued at approximately $206,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of UNP. World Investment Advisors LLC raised its holdings in Union Pacific by 103.1% in the 3rd quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock worth $8,770,000 after purchasing an additional 18,060 shares during the period. abrdn plc raised its holdings in Union Pacific by 9.3% in the 4th quarter. abrdn plc now owns 415,874 shares of the railroad operator’s stock worth $94,588,000 after purchasing an additional 35,414 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in Union Pacific by 2.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator’s stock worth $44,348,000 after purchasing an additional 4,939 shares during the period. Border to Coast Pensions Partnership Ltd raised its holdings in Union Pacific by 24.2% in the 4th quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator’s stock worth $63,185,000 after purchasing an additional 53,946 shares during the period. Finally, Pensionfund Sabic raised its holdings in Union Pacific by 61.5% in the 4th quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator’s stock worth $2,394,000 after purchasing an additional 4,000 shares during the period. 80.38% of the stock is owned by institutional investors.

Union Pacific Stock Performance

Union Pacific stock opened at $245.43 on Monday. The company has a 50 day moving average price of $237.68 and a 200-day moving average price of $240.73. 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 Co. has a fifty-two week low of $218.55 and a fifty-two week high of $258.66. The company has a market capitalization of $148.31 billion, a PE ratio of 22.13, a P/E/G ratio of 2.15 and a beta of 1.06.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, beating the consensus estimate 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 quarter in the prior year, the firm earned $2.71 earnings per share. As a group, equities analysts forecast that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be issued a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a yield of 2.18%. The ex-dividend date is Friday, February 28th. Union Pacific’s payout ratio is 48.33%.

Insider Activity at Union Pacific

In other Union Pacific news, EVP Craig V. Richardson sold 6,495 shares of Union Pacific stock in a transaction on Monday, January 27th. The shares were sold at an average price of $252.00, for a total value of $1,636,740.00. Following the transaction, the executive vice president now directly owns 26,319 shares of the company’s stock, valued at approximately $6,632,388. The trade was a 19.79 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President Elizabeth F. Whited sold 7,500 shares of Union Pacific stock in a transaction on Friday, January 24th. The stock was sold at an average price of $250.00, for a total transaction of $1,875,000.00. Following the completion of the transaction, the president now directly owns 64,960 shares in the company, valued at $16,240,000. This represents a 10.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on UNP shares. Loop Capital lowered Union Pacific from a “hold” rating to a “sell” rating and cut their price target for the stock from $265.00 to $200.00 in a research note on Monday, February 3rd. Barclays increased their price target on Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 13th. Robert W. Baird increased their price target on Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. Raymond James reiterated a “strong-buy” rating and issued a $285.00 price target (up previously from $265.00) on shares of Union Pacific in a research note on Friday, January 24th. Finally, BMO Capital Markets increased their price target on Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average 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.