Overbrook Management Corp Makes New $213,000 Investment in Union Pacific Co. (NYSE:UNP)

Overbrook Management Corp acquired a new position in Union Pacific Co. (NYSE:UNP) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 866 shares of the railroad operator’s stock, valued at approximately $213,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. BluePath Capital Management LLC purchased a new stake in Union Pacific in the third quarter worth about $25,000. Valued Wealth Advisors LLC purchased a new stake in Union Pacific in the fourth quarter worth about $28,000. Fortitude Family Office LLC purchased a new stake in Union Pacific in the fourth quarter worth about $44,000. Hexagon Capital Partners LLC increased its position in shares of Union Pacific by 48.6% during the third quarter. Hexagon Capital Partners LLC now owns 309 shares of the railroad operator’s stock valued at $63,000 after acquiring an additional 101 shares in the last quarter. Finally, Legacy Financial Group LLC purchased a new position in Union Pacific in the 3rd quarter worth approximately $83,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

NYSE UNP opened at $242.84 on Friday. The company has a market capitalization of $148.16 billion, a PE ratio of 23.17, a price-to-earnings-growth ratio of 2.63 and a beta of 1.07. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.67 and a current ratio of 0.93. The business’s fifty day moving average is $244.27 and its 200 day moving average is $234.95. Union Pacific Co. has a fifty-two week low of $190.45 and a fifty-two week high of $258.66.

Union Pacific (NYSE:UNP) last released its earnings results 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 company had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $5.97 billion. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. Union Pacific’s quarterly revenue was down .4% compared to the same quarter last year. During the same period in the previous year, the business earned $2.67 earnings per share. Sell-side analysts predict that Union Pacific Co. will post 11.01 earnings per share for the current year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Thursday, February 29th were issued a dividend of $1.30 per share. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $5.20 dividend on an annualized basis and a yield of 2.14%. Union Pacific’s dividend payout ratio is presently 49.62%.

Wall Street Analyst Weigh In

Several brokerages have commented on UNP. JPMorgan Chase & Co. increased their target price on Union Pacific from $237.00 to $243.00 and gave the company a “neutral” rating in a research note on Tuesday, April 9th. Sanford C. Bernstein upgraded Union Pacific from a “market perform” rating to an “outperform” rating and set a $280.00 target price on the stock in a research note on Monday, January 22nd. Benchmark increased their target price on Union Pacific from $260.00 to $266.00 and gave the company a “buy” rating in a research note on Wednesday, April 10th. Morgan Stanley increased their target price on Union Pacific from $198.00 to $210.00 and gave the company an “equal weight” rating in a research note on Friday. Finally, Stifel Nicolaus increased their target price on Union Pacific from $231.00 to $248.00 and gave the company a “hold” rating in a research note on Friday, April 12th. Seven investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $258.78.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,750 shares of the firm’s stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $250.00, for a total transaction of $937,500.00. Following the sale, the president now directly owns 56,682 shares of the company’s stock, valued at $14,170,500. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.28% of the company’s stock.

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.