850 Shares in Union Pacific Co. (NYSE:UNP) Acquired by Capital Wealth Management LLC

Capital Wealth Management LLC acquired a new position in shares of Union Pacific Co. (NYSE:UNP) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 850 shares of the railroad operator’s stock, valued at approximately $209,000.

Other institutional investors also recently bought and sold shares of the company. Norges Bank purchased a new stake in Union Pacific in the 4th quarter valued at approximately $1,832,127,000. Wellington Management Group LLP lifted its position in shares of Union Pacific by 0.3% in the third quarter. Wellington Management Group LLP now owns 7,261,449 shares of the railroad operator’s stock valued at $1,478,649,000 after acquiring an additional 19,145 shares in the last quarter. Capital Research Global Investors increased its position in Union Pacific by 23.1% during the 4th quarter. Capital Research Global Investors now owns 6,851,767 shares of the railroad operator’s stock worth $1,682,931,000 after purchasing an additional 1,285,144 shares in the last quarter. Fisher Asset Management LLC raised its stake in Union Pacific by 2.2% in the 4th quarter. Fisher Asset Management LLC now owns 5,867,842 shares of the railroad operator’s stock valued at $1,441,260,000 after purchasing an additional 125,522 shares during the last quarter. Finally, Franklin Resources Inc. lifted its holdings in Union Pacific by 7.1% in the 4th quarter. Franklin Resources Inc. now owns 5,504,181 shares of the railroad operator’s stock valued at $1,351,937,000 after purchasing an additional 364,029 shares in the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on UNP. TD Cowen lifted their price target on shares of Union Pacific from $252.00 to $258.00 and gave the stock a “buy” rating in a report on Friday, April 26th. Jefferies Financial Group initiated coverage on Union Pacific in a research note on Monday, April 8th. They set a “hold” rating and a $250.00 price target on the stock. Susquehanna decreased their price objective on Union Pacific from $270.00 to $250.00 and set a “neutral” rating on the stock in a report on Tuesday, June 25th. Evercore ISI increased their target price on Union Pacific from $271.00 to $273.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. Finally, The Goldman Sachs Group lifted their price target on Union Pacific from $248.00 to $274.00 and gave the company a “buy” rating in a report on Thursday, April 11th. Eight analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Union Pacific has a consensus rating of “Moderate Buy” and an average target price of $258.92.

Union Pacific Stock Up 0.0 %

UNP traded up $0.07 on Thursday, reaching $225.57. The company’s stock had a trading volume of 1,219,762 shares, compared to its average volume of 2,259,866. Union Pacific Co. has a 1 year low of $199.33 and a 1 year high of $258.66. The business’s 50 day moving average is $232.77 and its 200 day moving average is $239.98. 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 stock has a market cap of $137.63 billion, a price-to-earnings ratio of 21.52, a price-to-earnings-growth ratio of 1.92 and a beta of 1.07.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, April 25th. The railroad operator reported $2.69 EPS for the quarter, beating the consensus estimate of $2.50 by $0.19. The company had revenue of $6.03 billion during the quarter, compared to analysts’ expectations of $5.97 billion. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The business’s revenue was down .4% on a year-over-year basis. During the same period in the prior year, the business posted $2.67 EPS. As a group, research analysts forecast that Union Pacific Co. will post 11.22 EPS for the current fiscal year.

Union Pacific Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, May 31st were paid a $1.30 dividend. The ex-dividend date of this dividend was Friday, May 31st. This represents a $5.20 dividend on an annualized basis and a yield of 2.31%. Union Pacific’s dividend payout ratio (DPR) is 49.62%.

About Union Pacific

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.