Prestige Wealth Management Group LLC Raises Stock Position in Union Pacific Co. (NYSE:UNP)

Prestige Wealth Management Group LLC grew its position in Union Pacific Co. (NYSE:UNP) by 5.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,015 shares of the railroad operator’s stock after buying an additional 162 shares during the period. Prestige Wealth Management Group LLC’s holdings in Union Pacific were worth $687,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in UNP. Palogic Value Management L.P. boosted its holdings in Union Pacific by 1.5% in the 4th quarter. Palogic Value Management L.P. now owns 2,823 shares of the railroad operator’s stock valued at $644,000 after purchasing an additional 42 shares in the last quarter. Roble Belko & Company Inc boosted its stake in shares of Union Pacific by 26.8% in the fourth quarter. Roble Belko & Company Inc now owns 213 shares of the railroad operator’s stock valued at $49,000 after buying an additional 45 shares in the last quarter. Pflug Koory LLC raised its position in Union Pacific by 0.5% in the fourth quarter. Pflug Koory LLC now owns 8,569 shares of the railroad operator’s stock worth $1,954,000 after acquiring an additional 45 shares in the last quarter. Baron Wealth Management LLC lifted its holdings in Union Pacific by 3.3% in the fourth quarter. Baron Wealth Management LLC now owns 1,409 shares of the railroad operator’s stock valued at $321,000 after acquiring an additional 45 shares during the period. Finally, Mystic Asset Management Inc. lifted its holdings in Union Pacific by 2.0% in the fourth quarter. Mystic Asset Management Inc. now owns 2,309 shares of the railroad operator’s stock valued at $527,000 after acquiring an additional 45 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

Union Pacific stock opened at $235.20 on Tuesday. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.07. The company has a market cap of $142.13 billion, a price-to-earnings ratio of 21.21, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05. The stock’s 50-day moving average is $242.85 and its 200-day moving average is $239.83.

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, topping the consensus estimate of $2.76 by $0.15. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. During the same period last year, the company earned $2.71 earnings per share. Equities analysts anticipate that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be given a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.28%. The ex-dividend date is Friday, February 28th. Union Pacific’s payout ratio is 48.33%.

Insider Activity

In other Union Pacific news, President Elizabeth F. Whited sold 7,500 shares of the stock in a transaction that occurred on Friday, January 24th. The shares were sold at an average price of $250.00, for a total value of $1,875,000.00. Following the completion of the sale, the president now owns 64,960 shares of the company’s stock, valued at $16,240,000. This trade represents a 10.35 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Craig V. Richardson sold 6,495 shares of the business’s stock in a transaction on Monday, January 27th. The stock was sold at an average price of $252.00, for a total transaction of $1,636,740.00. Following the transaction, the executive vice president now directly owns 26,319 shares in the company, valued at approximately $6,632,388. The trade was a 19.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.28% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on UNP. Guggenheim increased their price target on shares of Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a report on Friday, January 24th. Raymond James reiterated a “strong-buy” rating and set a $285.00 price target (up from $265.00) on shares of Union Pacific in a research report on Friday, January 24th. Robert W. Baird boosted their price target on Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. Stifel Nicolaus raised their price objective on Union Pacific from $253.00 to $270.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on Union Pacific in a report on Friday, March 7th. They issued a “buy” rating and a $295.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus target price 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.