Union Pacific Co. (NYSE:UNP) Shares Bought by Marks Group Wealth Management Inc

Marks Group Wealth Management Inc lifted its holdings in Union Pacific Co. (NYSE:UNP) by 0.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,808 shares of the railroad operator’s stock after purchasing an additional 159 shares during the period. Marks Group Wealth Management Inc’s holdings in Union Pacific were worth $7,321,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Personal CFO Solutions LLC increased its holdings in shares of Union Pacific by 39.3% in the third quarter. Personal CFO Solutions LLC now owns 1,407 shares of the railroad operator’s stock valued at $287,000 after buying an additional 397 shares in the last quarter. Nordea Investment Management AB lifted its holdings in shares of Union Pacific by 46.9% during the fourth quarter. Nordea Investment Management AB now owns 87,905 shares of the railroad operator’s stock valued at $21,596,000 after purchasing an additional 28,052 shares during the last quarter. Procyon Advisors LLC lifted its holdings in shares of Union Pacific by 48.3% during the fourth quarter. Procyon Advisors LLC now owns 18,512 shares of the railroad operator’s stock valued at $4,547,000 after purchasing an additional 6,031 shares during the last quarter. Advisor Resource Council acquired a new position in shares of Union Pacific in the 4th quarter valued at $606,000. Finally, Factory Mutual Insurance Co. increased its stake in Union Pacific by 11.9% in the 4th quarter. Factory Mutual Insurance Co. now owns 184,700 shares of the railroad operator’s stock worth $45,366,000 after purchasing an additional 19,600 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, President Elizabeth F. Whited sold 3,750 shares of the firm’s stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $250.00, for a total value of $937,500.00. Following the sale, the president now directly owns 56,682 shares of the company’s stock, valued at $14,170,500. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 0.26% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on UNP shares. JPMorgan Chase & Co. boosted their price target on shares of Union Pacific from $237.00 to $243.00 and gave the company a “neutral” rating in a report on Tuesday, April 9th. BMO Capital Markets upped their price target on Union Pacific from $270.00 to $275.00 and gave the company an “outperform” rating in a research report on Friday, January 26th. UBS Group increased their price objective on Union Pacific from $235.00 to $248.00 and gave the stock a “neutral” rating in a research note on Friday, January 26th. Raymond James lifted their target price on Union Pacific from $240.00 to $275.00 and gave the company a “strong-buy” rating in a research note on Tuesday, January 16th. Finally, Susquehanna increased their price target on shares of Union Pacific from $245.00 to $255.00 and gave the stock a “neutral” rating in a research report on Thursday, March 28th. Seven investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $255.00.

Union Pacific Stock Up 1.0 %

Shares of NYSE:UNP traded up $2.40 on Monday, reaching $234.48. The company had a trading volume of 2,200,023 shares, compared to its average volume of 2,310,622. The stock has a market capitalization of $143.06 billion, a P/E ratio of 22.42, a P/E/G ratio of 2.51 and a beta of 1.07. The stock has a 50-day moving average price of $245.03 and a 200 day moving average price of $234.40. Union Pacific Co. has a twelve month low of $190.37 and a twelve month high of $258.66. The company has a quick ratio of 0.67, a current ratio of 0.81 and a debt-to-equity ratio of 2.11.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, January 25th. The railroad operator reported $2.71 earnings per share for the quarter, beating analysts’ consensus estimates of $2.56 by $0.15. The business had revenue of $6.16 billion for the quarter, compared to the consensus estimate of $6.05 billion. Union Pacific had a return on equity of 46.87% and a net margin of 26.45%. During the same period last year, the business earned $2.67 EPS. The firm’s revenue was down .3% compared to the same quarter last year. On average, equities analysts expect that Union Pacific Co. will post 11.01 EPS for the current year.

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Thursday, February 29th were paid a $1.30 dividend. The ex-dividend date was Wednesday, February 28th. This represents a $5.20 dividend on an annualized basis and a yield of 2.22%. Union Pacific’s payout ratio is presently 49.71%.

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.