Onyx Bridge Wealth Group LLC Acquires New Shares in Union Pacific Corporation $UNP

Onyx Bridge Wealth Group LLC bought a new stake in shares of Union Pacific Corporation (NYSE:UNP) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,410 shares of the railroad operator’s stock, valued at approximately $570,000.

Several other large investors also recently made changes to their positions in UNP. Howard Hughes Medical Institute acquired a new position in Union Pacific in the 2nd quarter valued at $30,000. Total Investment Management Inc. bought a new stake in Union Pacific during the second quarter valued at about $31,000. Financial Gravity Companies Inc. acquired a new stake in shares of Union Pacific in the second quarter valued at about $31,000. Access Investment Management LLC bought a new position in shares of Union Pacific in the second quarter worth about $32,000. Finally, Sagard Holdings Management Inc. bought a new stake in Union Pacific during the 2nd quarter valued at approximately $33,000. Institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

NYSE UNP opened at $261.51 on Friday. The company has a quick ratio of 0.60, a current ratio of 0.91 and a debt-to-equity ratio of 1.64. The firm’s 50 day moving average is $235.94 and its 200-day moving average is $228.37. The company has a market capitalization of $155.18 billion, a PE ratio of 21.85, a price-to-earnings-growth ratio of 2.86 and a beta of 0.98. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $265.37.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.92 by ($0.06). Union Pacific had a return on equity of 40.89% and a net margin of 29.12%.The firm had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.15 billion. During the same period last year, the company posted $2.91 earnings per share. The business’s revenue was down .6% compared to the same quarter last year. Equities research analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th will be issued a $1.38 dividend. This represents a $5.52 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Friday, February 27th. Union Pacific’s dividend payout ratio (DPR) is currently 46.12%.

Analyst Upgrades and Downgrades

UNP has been the subject of a number of research analyst reports. Barclays reaffirmed an “overweight” rating and set a $285.00 price objective (up previously from $270.00) on shares of Union Pacific in a research report on Tuesday, December 16th. Citigroup restated a “buy” rating and set a $270.00 price target (up from $265.00) on shares of Union Pacific in a research report on Wednesday, January 28th. TD Cowen reduced their target price on shares of Union Pacific from $257.00 to $255.00 and set a “buy” rating on the stock in a research report on Wednesday, January 28th. Royal Bank Of Canada set a $280.00 price target on shares of Union Pacific in a report on Thursday, December 18th. Finally, Weiss Ratings upgraded Union Pacific from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, Union Pacific currently has an average rating of “Moderate Buy” and a consensus target price of $258.32.

Union Pacific Company Profile

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.