White Knight Strategic Wealth Advisors LLC Takes Position in Union Pacific Co. (NYSE:UNP)

White Knight Strategic Wealth Advisors LLC bought a new position in Union Pacific Co. (NYSE:UNP - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 1,354 shares of the railroad operator's stock, valued at approximately $309,000.

Several other institutional investors have also recently made changes to their positions in the company. Geode Capital Management LLC increased its position in Union Pacific by 12.6% during the 4th quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator's stock valued at $3,282,305,000 after buying an additional 1,616,895 shares in the last quarter. Capital Research Global Investors increased its position in Union Pacific by 14.3% during the 4th quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator's stock valued at $2,370,559,000 after buying an additional 1,298,178 shares in the last quarter. Norges Bank bought a new position in Union Pacific during the 4th quarter valued at approximately $1,927,377,000. Franklin Resources Inc. increased its position in Union Pacific by 5.0% during the 4th quarter. Franklin Resources Inc. now owns 7,686,387 shares of the railroad operator's stock valued at $1,752,804,000 after buying an additional 363,937 shares in the last quarter. Finally, Northern Trust Corp increased its position in Union Pacific by 15.2% during the 4th quarter. Northern Trust Corp now owns 6,962,650 shares of the railroad operator's stock valued at $1,587,763,000 after buying an additional 920,414 shares in the last quarter. Institutional investors own 80.38% of the company's stock.

Analysts Set New Price Targets

UNP has been the subject of a number of analyst reports. Stifel Nicolaus reduced their price objective on Union Pacific from $270.00 to $248.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Benchmark raised their price objective on Union Pacific from $266.00 to $275.00 and gave the company a "buy" rating in a research report on Friday, January 24th. Stephens reduced their price objective on Union Pacific from $275.00 to $255.00 and set an "overweight" rating for the company in a research report on Monday, April 28th. Jefferies Financial Group reduced their target price on Union Pacific from $255.00 to $230.00 and set a "hold" rating for the company in a report on Wednesday, April 9th. Finally, BMO Capital Markets lifted their target price on Union Pacific from $275.00 to $277.00 and gave the stock an "outperform" rating in a report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $257.50.

Union Pacific Stock Performance

Shares of UNP stock traded down $0.69 on Friday, reaching $222.18. The stock had a trading volume of 3,227,925 shares, compared to its average volume of 2,646,463. The stock has a market cap of $132.75 billion, a P/E ratio of 20.03, a price-to-earnings-growth ratio of 2.15 and a beta of 1.07. Union Pacific Co. has a 1 year low of $204.66 and a 1 year high of $258.07. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. The company has a 50 day simple moving average of $223.00 and a 200 day simple moving average of $233.43.

Union Pacific (NYSE:UNP - Get Free Report) last released 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). The firm had revenue of $6.03 billion during the quarter, compared to analysts' expectations of $6.11 billion. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. The business's quarterly revenue was down .1% on a year-over-year basis. During the same quarter last year, the business earned $2.69 earnings per share. Equities research analysts expect that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be paid 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 2.41%. Union Pacific's dividend payout ratio (DPR) is currently 48.29%.

Union Pacific Company 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.