Union Pacific Co. (NYSE:UNP) Shares Acquired by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. grew its holdings in Union Pacific Co. (NYSE:UNP) by 1.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 36,966 shares of the railroad operator’s stock after buying an additional 429 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Union Pacific were worth $9,080,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of UNP. Exchange Traded Concepts LLC raised its holdings in Union Pacific by 21,063.6% during the third quarter. Exchange Traded Concepts LLC now owns 9,312 shares of the railroad operator’s stock worth $1,896,000 after purchasing an additional 9,268 shares during the last quarter. Strategic Blueprint LLC raised its holdings in Union Pacific by 2.9% during the third quarter. Strategic Blueprint LLC now owns 3,896 shares of the railroad operator’s stock worth $793,000 after purchasing an additional 109 shares during the last quarter. Advisory Alpha LLC raised its holdings in Union Pacific by 29.1% during the third quarter. Advisory Alpha LLC now owns 1,879 shares of the railroad operator’s stock worth $383,000 after purchasing an additional 423 shares during the last quarter. Secure Asset Management LLC increased its position in Union Pacific by 8.4% during the third quarter. Secure Asset Management LLC now owns 1,434 shares of the railroad operator’s stock worth $292,000 after buying an additional 111 shares in the last quarter. Finally, Fiduciary Alliance LLC increased its position in Union Pacific by 25.8% during the third quarter. Fiduciary Alliance LLC now owns 996 shares of the railroad operator’s stock worth $203,000 after buying an additional 204 shares in the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on UNP. Jefferies Financial Group began coverage on Union Pacific in a research report on Monday, April 8th. They set a “hold” rating and a $250.00 price target for the company. Stifel Nicolaus raised their price target on Union Pacific from $231.00 to $248.00 and gave the stock a “hold” rating in a research report on Friday, April 12th. TD Cowen raised their price target on Union Pacific from $252.00 to $258.00 and gave the stock a “buy” rating in a research report on Friday. StockNews.com downgraded Union Pacific from a “buy” rating to a “hold” rating in a research report on Monday, March 18th. Finally, Raymond James raised their price target on Union Pacific from $240.00 to $275.00 and gave the stock a “strong-buy” rating in a research report on Tuesday, January 16th. Seven equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $255.32.

Insider Activity at Union Pacific

In related news, President Elizabeth F. Whited sold 3,750 shares of the business’s stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $250.00, for a total value of $937,500.00. Following the completion of the sale, the president now directly owns 56,682 shares of the company’s stock, valued at $14,170,500. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.28% of the stock is owned by corporate insiders.

Union Pacific Trading Up 5.0 %

NYSE:UNP opened at $243.55 on Friday. The company has a debt-to-equity ratio of 2.11, a quick ratio of 0.67 and a current ratio of 0.81. The stock has a market cap of $148.59 billion, a price-to-earnings ratio of 23.28, a price-to-earnings-growth ratio of 2.51 and a beta of 1.07. Union Pacific Co. has a one year low of $190.37 and a one year high of $258.66. The business’s 50-day simple moving average is $244.34 and its 200 day simple moving average is $234.68.

Union Pacific (NYSE:UNP) 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 firm 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 46.87% and a net margin of 26.45%. Union Pacific’s quarterly revenue was down .4% on a year-over-year basis. During the same period in the previous year, the company earned $2.67 earnings per share. As a group, sell-side analysts predict that Union Pacific Co. will post 11.01 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Thursday, February 29th were issued a $1.30 dividend. This represents a $5.20 annualized dividend and a yield of 2.14%. The ex-dividend date of this dividend was Wednesday, February 28th. Union Pacific’s dividend payout ratio is currently 49.71%.

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.