Signal Advisors Wealth LLC Purchases 4,225 Shares of Union Pacific Corporation $UNP

Signal Advisors Wealth LLC lifted its position in Union Pacific Corporation (NYSE:UNP) by 88.8% in the first quarter, HoldingsChannel.com reports. The firm owned 8,981 shares of the railroad operator’s stock after purchasing an additional 4,225 shares during the quarter. Signal Advisors Wealth LLC’s holdings in Union Pacific were worth $2,179,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of UNP. Capital World Investors lifted its stake in shares of Union Pacific by 92.1% during the 4th quarter. Capital World Investors now owns 20,136,349 shares of the railroad operator’s stock valued at $4,658,142,000 after buying an additional 9,655,306 shares in the last quarter. Norges Bank purchased a new stake in Union Pacific in the 4th quarter worth $1,779,907,000. Capital Research Global Investors increased its stake in Union Pacific by 95.0% in the 3rd quarter. Capital Research Global Investors now owns 8,713,196 shares of the railroad operator’s stock worth $2,059,538,000 after buying an additional 4,244,226 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Union Pacific by 72.7% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,177,002 shares of the railroad operator’s stock valued at $2,169,168,000 after acquiring an additional 3,861,636 shares during the period. Finally, EdgePoint Investment Group Inc. bought a new stake in Union Pacific during the third quarter valued at about $408,592,000. 80.38% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, EVP Kenyatta G. Rocker sold 27,387 shares of the stock in a transaction that occurred on Friday, April 24th. The stock was sold at an average price of $271.76, for a total transaction of $7,442,691.12. Following the completion of the transaction, the executive vice president directly owned 61,102 shares of the company’s stock, valued at approximately $16,605,079.52. This represents a 30.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Eric J. Gehringer sold 2,991 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total value of $789,504.36. Following the transaction, the executive vice president directly owned 43,012 shares of the company’s stock, valued at approximately $11,353,447.52. The trade was a 6.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 32,378 shares of company stock worth $8,781,595. Corporate insiders own 0.22% of the company’s stock.

Union Pacific Stock Up 1.2%

Shares of UNP stock opened at $260.01 on Tuesday. The stock has a market cap of $154.37 billion, a P/E ratio of 21.42, a PEG ratio of 2.72 and a beta of 0.97. Union Pacific Corporation has a 52 week low of $210.84 and a 52 week high of $279.70. The company has a quick ratio of 0.73, a current ratio of 0.92 and a debt-to-equity ratio of 1.53. The company’s fifty day simple moving average is $263.97 and its two-hundred day simple moving average is $250.12.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, April 23rd. The railroad operator reported $2.93 EPS for the quarter, beating the consensus estimate of $2.86 by $0.07. The business had revenue of $6.22 billion during the quarter, compared to the consensus estimate of $6.12 billion. Union Pacific had a net margin of 29.20% and a return on equity of 39.58%. The business’s revenue was up 3.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.70 EPS. Analysts predict that Union Pacific Corporation will post 12.55 EPS for the current fiscal year.

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, May 29th will be given a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date is Friday, May 29th. Union Pacific’s payout ratio is currently 45.47%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $300.00 price objective (up from $260.00) on shares of Union Pacific in a research note on Friday, April 24th. Raymond James Financial set a $310.00 target price on Union Pacific in a research note on Friday, April 24th. Evercore reissued an “outperform” rating and set a $277.00 target price on shares of Union Pacific in a research note on Friday, April 24th. Citigroup reissued a “buy” rating and issued a $307.00 price target (up from $285.00) on shares of Union Pacific in a report on Friday, April 24th. Finally, Robert W. Baird set a $311.00 price target on Union Pacific and gave the stock an “outperform” rating in a research note on Friday, March 6th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $282.21.

About Union Pacific

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.