Sagespring Wealth Partners LLC Buys 1,424 Shares of Union Pacific Co. (NYSE:UNP)

Sagespring Wealth Partners LLC raised its stake in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 12.7% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 12,649 shares of the railroad operator's stock after purchasing an additional 1,424 shares during the period. Sagespring Wealth Partners LLC's holdings in Union Pacific were worth $2,988,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of UNP. EnRich Financial Partners LLC purchased a new position in Union Pacific during the 4th quarter valued at approximately $31,000. Strategic Investment Solutions Inc. IL grew its holdings in Union Pacific by 38.8% during the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator's stock valued at $39,000 after buying an additional 45 shares in the last quarter. Centricity Wealth Management LLC purchased a new position in Union Pacific during the 4th quarter valued at approximately $51,000. Midwest Capital Advisors LLC purchased a new position in Union Pacific during the 4th quarter valued at approximately $54,000. Finally, VisionPoint Advisory Group LLC purchased a new position in Union Pacific during the 4th quarter valued at approximately $64,000. Institutional investors own 80.38% of the company's stock.

Union Pacific Trading Down 1.0%

Shares of NYSE:UNP opened at $223.17 on Monday. Union Pacific Co. has a 12-month low of $204.66 and a 12-month high of $258.07. The business's fifty day simple moving average is $220.90 and its 200-day simple moving average is $231.45. The company has a market capitalization of $133.34 billion, a PE ratio of 20.12, a P/E/G ratio of 2.15 and a beta of 1.05. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76.

Union Pacific (NYSE:UNP - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.73 by ($0.03). Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The company had revenue of $6.03 billion during the quarter, compared to analysts' expectations of $6.11 billion. During the same quarter in the prior year, the business posted $2.69 earnings per share. The company's revenue was down .1% compared to the same quarter last year. As a group, equities research analysts predict that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be issued a $1.34 dividend. The ex-dividend date is Friday, May 30th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.40%. Union Pacific's dividend payout ratio is presently 48.29%.

Analyst Ratings Changes

Several research firms have recently issued reports on UNP. Argus raised Union Pacific to a "strong-buy" rating in a research note on Friday, May 16th. UBS Group lowered their price objective on Union Pacific from $255.00 to $245.00 and set a "neutral" rating for the company in a research note on Wednesday, April 2nd. Redburn Atlantic raised Union Pacific from a "neutral" rating to a "buy" rating and set a $259.00 price objective for the company in a research note on Wednesday, April 16th. Raymond James reaffirmed a "strong-buy" rating on shares of Union Pacific in a research note on Friday, April 25th. Finally, Stifel Nicolaus decreased their price target on Union Pacific from $270.00 to $248.00 and set a "buy" rating for the company in a research note on Monday, April 14th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $257.74.

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.

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