Cornerstone Wealth Management LLC Boosts Stock Position in Union Pacific Co. (NYSE:UNP)

Cornerstone Wealth Management LLC grew its stake in Union Pacific Co. (NYSE:UNP) by 75.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,356 shares of the railroad operator’s stock after purchasing an additional 2,296 shares during the period. Cornerstone Wealth Management LLC’s holdings in Union Pacific were worth $1,221,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in UNP. Strategic Investment Solutions Inc. IL purchased a new position in Union Pacific in the second quarter worth approximately $28,000. Catalyst Capital Advisors LLC purchased a new position in Union Pacific in the third quarter worth approximately $30,000. Jamison Private Wealth Management Inc. grew its position in Union Pacific by 265.7% in the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after acquiring an additional 93 shares during the period. Dunhill Financial LLC grew its position in Union Pacific by 111.5% in the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after acquiring an additional 68 shares during the period. Finally, Peterson Financial Group Inc. purchased a new position in Union Pacific in the third quarter worth approximately $32,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Price Performance

Shares of NYSE:UNP opened at $248.94 on Friday. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The company has a market cap of $150.92 billion, a P/E ratio of 22.86, a PEG ratio of 2.12 and a beta of 1.06. Union Pacific Co. has a 52 week low of $218.55 and a 52 week high of $258.66. The company has a 50-day moving average price of $233.78 and a 200 day moving average price of $239.22.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.76 by $0.15. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. During the same quarter in the prior year, the business posted $2.71 earnings per share. Research analysts predict that Union Pacific Co. will post 10.96 earnings per share for the current year.

Union Pacific Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were given a dividend of $1.34 per share. The ex-dividend date of this dividend was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.15%. Union Pacific’s payout ratio is 49.22%.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Stifel Nicolaus increased their price objective on Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday. Raymond James restated a “strong-buy” rating and set a $285.00 price target (up from $265.00) on shares of Union Pacific in a research note on Friday. TD Cowen increased their price objective on Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a research note on Friday. Barclays raised their price target on Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a research note on Wednesday, November 13th. Finally, Guggenheim raised their price target on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research note on Friday. Nine equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $262.57.

Union Pacific Company 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.