Union Pacific Co. (NYSE:UNP) Position Boosted by Legacy Capital Wealth Partners LLC

Legacy Capital Wealth Partners LLC boosted its holdings in Union Pacific Co. (NYSE:UNP) by 7.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,837 shares of the railroad operator’s stock after acquiring an additional 276 shares during the period. Legacy Capital Wealth Partners LLC’s holdings in Union Pacific were worth $942,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of UNP. BluePath Capital Management LLC bought a new position in Union Pacific in the third quarter worth about $25,000. Valued Wealth Advisors LLC acquired a new stake in shares of Union Pacific in the fourth quarter valued at approximately $28,000. Stuart Chaussee & Associates Inc. acquired a new stake in shares of Union Pacific in the fourth quarter valued at approximately $36,000. Fortitude Family Office LLC acquired a new stake in shares of Union Pacific in the fourth quarter valued at approximately $44,000. Finally, Hexagon Capital Partners LLC increased its stake in shares of Union Pacific by 48.6% in the third quarter. Hexagon Capital Partners LLC now owns 309 shares of the railroad operator’s stock valued at $63,000 after purchasing an additional 101 shares during the period. Institutional investors own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on UNP shares. Evercore ISI raised their price target on shares of Union Pacific from $271.00 to $273.00 and gave the company an “outperform” rating in a research note on Friday. Raymond James restated a “strong-buy” rating and issued a $280.00 price target (up previously from $275.00) on shares of Union Pacific in a research note on Friday. Stifel Nicolaus raised their price objective on shares of Union Pacific from $231.00 to $248.00 and gave the company a “hold” rating in a research note on Friday, April 12th. BMO Capital Markets raised their price objective on shares of Union Pacific from $270.00 to $275.00 and gave the company an “outperform” rating in a research note on Friday, January 26th. Finally, Royal Bank of Canada lowered their price objective on shares of Union Pacific from $282.00 to $272.00 and set an “outperform” rating on the stock in a research note on Friday, January 26th. Seven research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $258.78.

Insider Buying and Selling

In other Union Pacific news, President Elizabeth F. Whited sold 3,750 shares of Union Pacific stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $250.00, for a total transaction of $937,500.00. Following the completion of the sale, the president now owns 56,682 shares of the company’s stock, valued at approximately $14,170,500. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.28% of the company’s stock.

Union Pacific Trading Down 0.3 %

Union Pacific stock traded down $0.76 during midday trading on Friday, reaching $242.79. The stock had a trading volume of 2,255,458 shares, compared to its average volume of 2,120,671. The firm’s fifty day simple moving average is $244.27 and its two-hundred day simple moving average is $235.15. Union Pacific Co. has a twelve month low of $190.45 and a twelve month high of $258.66. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.93 and a quick ratio of 0.67. The firm has a market cap of $148.13 billion, a price-to-earnings ratio of 23.17, a PEG ratio of 2.62 and a beta of 1.07.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 EPS for the quarter, topping analysts’ consensus estimates of $2.50 by $0.19. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The firm had revenue of $6.03 billion during the quarter, compared to analyst estimates of $5.97 billion. During the same quarter last year, the business posted $2.67 EPS. The company’s revenue was down .4% on a year-over-year basis. Equities analysts anticipate that Union Pacific Co. will post 11.08 EPS for the current fiscal year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Thursday, February 29th were paid a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a yield of 2.14%. The ex-dividend date of this dividend was Wednesday, February 28th. Union Pacific’s dividend payout ratio is 49.62%.

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.