PFG Investments LLC Buys 5,460 Shares of Union Pacific Co. (NYSE:UNP)

PFG Investments LLC lifted its stake in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 127.1% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 9,755 shares of the railroad operator's stock after acquiring an additional 5,460 shares during the quarter. PFG Investments LLC's holdings in Union Pacific were worth $2,399,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in UNP. BluePath Capital Management LLC acquired a new stake in shares of Union Pacific in the third quarter valued at about $25,000. OLD Point Trust & Financial Services N A acquired a new stake in Union Pacific in the 4th quarter valued at approximately $25,000. Richardson Capital Management LLC bought a new position in Union Pacific in the 1st quarter worth approximately $26,000. Raleigh Capital Management Inc. boosted its position in shares of Union Pacific by 211.4% in the fourth quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator's stock valued at $27,000 after acquiring an additional 74 shares during the period. Finally, Valued Wealth Advisors LLC acquired a new stake in shares of Union Pacific in the fourth quarter worth $28,000. Institutional investors and hedge funds own 80.38% of the company's stock.

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 completion of the transaction, the president now owns 56,682 shares in the company, valued at approximately $14,170,500. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.28% of the stock is currently owned by corporate insiders.

Union Pacific Trading Down 0.3 %

Shares of UNP traded down $0.76 during trading hours 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 has a 50-day moving average of $244.27 and a 200 day moving average of $235.33. The company has a quick ratio of 0.67, a current ratio of 0.93 and a debt-to-equity ratio of 1.99. The company has a market cap of $148.13 billion, a P/E ratio of 23.17, a P/E/G ratio of 2.62 and a beta of 1.07. Union Pacific Co. has a 52 week low of $190.45 and a 52 week high of $258.66.

Union Pacific (NYSE:UNP - Get Free Report) last posted its earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.50 by $0.19. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The business had revenue of $6.03 billion during the quarter, compared to analysts' expectations of $5.97 billion. During the same period in the prior year, the business earned $2.67 EPS. Union Pacific's revenue for the quarter was down .4% compared to the same quarter last year. On average, sell-side analysts expect that Union Pacific Co. will post 11.08 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

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

Analyst Upgrades and Downgrades

UNP has been the topic of a number of recent research reports. Evercore ISI boosted their price target on Union Pacific from $271.00 to $273.00 and gave the company an "outperform" rating in a research note on Friday. Stifel Nicolaus upped their target price on Union Pacific from $231.00 to $248.00 and gave the company a "hold" rating in a research note on Friday, April 12th. UBS Group raised their target price on Union Pacific from $235.00 to $248.00 and gave the stock a "neutral" rating in a research report on Friday, January 26th. Royal Bank of Canada lowered their price target on shares of Union Pacific from $282.00 to $272.00 and set an "outperform" rating on the stock in a report on Friday, January 26th. Finally, Susquehanna lifted their target price on shares of Union Pacific from $255.00 to $270.00 and gave the company a "neutral" rating in a research report on Friday. Seven investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Union Pacific currently has an average rating of "Moderate Buy" and a consensus price target of $258.78.

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.

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