Axxcess Wealth Management LLC Has $4.23 Million Stock Position in Union Pacific Co. (NYSE:UNP)

Axxcess Wealth Management LLC raised its holdings in Union Pacific Co. (NYSE:UNP) by 6.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,553 shares of the railroad operator’s stock after buying an additional 1,086 shares during the period. Axxcess Wealth Management LLC’s holdings in Union Pacific were worth $4,231,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Howard Capital Management Group LLC raised its position in shares of Union Pacific by 16.4% in the third quarter. Howard Capital Management Group LLC now owns 2,860 shares of the railroad operator’s stock valued at $705,000 after purchasing an additional 403 shares during the period. Claro Advisors LLC raised its holdings in Union Pacific by 87.1% in the 3rd quarter. Claro Advisors LLC now owns 2,161 shares of the railroad operator’s stock valued at $533,000 after acquiring an additional 1,006 shares during the period. New England Asset Management Inc. bought a new position in Union Pacific in the 3rd quarter valued at about $4,387,000. Baron Wealth Management LLC lifted its position in Union Pacific by 4.6% during the third quarter. Baron Wealth Management LLC now owns 1,364 shares of the railroad operator’s stock worth $336,000 after acquiring an additional 60 shares during the last quarter. Finally, Lindenwold Advisors INC boosted its holdings in shares of Union Pacific by 0.8% during the third quarter. Lindenwold Advisors INC now owns 12,853 shares of the railroad operator’s stock worth $3,168,000 after acquiring an additional 97 shares during the period. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Price Performance

Shares of UNP opened at $236.84 on Wednesday. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. The stock has a market cap of $143.12 billion, a PE ratio of 21.36, a PEG ratio of 2.15 and a beta of 1.05. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.07. The business has a 50-day simple moving average of $242.35 and a two-hundred day simple moving average of $240.38.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.76 by $0.15. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. During the same period in the prior year, the company earned $2.71 earnings per share. Analysts anticipate that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be paid a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a dividend yield of 2.26%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific’s payout ratio is currently 48.33%.

Insider Transactions at Union Pacific

In related news, President Elizabeth F. Whited sold 7,500 shares of the firm’s 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 of the company’s stock, valued at $16,240,000. This trade represents a 10.35 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Craig V. Richardson sold 6,495 shares of the company’s stock in a transaction dated 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 completion of the sale, the executive vice president now owns 26,319 shares in the company, valued at $6,632,388. This trade represents a 19.79 % decrease in their position. The disclosure for this sale can be found here. 0.28% of the stock is owned by company insiders.

Analysts Set New Price Targets

UNP has been the topic of a number of recent research reports. Stifel Nicolaus increased their target price on Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. TD Cowen lifted their target price on Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Benchmark upped their price target on shares of Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Union Pacific in a research note on Friday, March 7th. They issued a “buy” rating and a $295.00 price objective for the company. Finally, Citigroup upped their target price on Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research report on Friday, January 24th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $263.00.

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.