5,847 Shares in Union Pacific Co. (NYSE:UNP) Acquired by JPL Wealth Management LLC

JPL Wealth Management LLC purchased a new stake in Union Pacific Co. (NYSE:UNP - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 5,847 shares of the railroad operator's stock, valued at approximately $1,436,000.

A number of other hedge funds also recently made changes to their positions in the business. WealthPlan Investment Management LLC raised its holdings in Union Pacific by 1,788.3% in the 3rd quarter. WealthPlan Investment Management LLC now owns 15,635 shares of the railroad operator's stock valued at $3,184,000 after acquiring an additional 14,807 shares in the last quarter. Advisor OS LLC bought a new position in shares of Union Pacific in the 3rd quarter valued at $281,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its stake in shares of Union Pacific by 32.9% in the 3rd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 6,312 shares of the railroad operator's stock valued at $1,285,000 after purchasing an additional 1,561 shares during the last quarter. Main Street Financial Solutions LLC increased its stake in shares of Union Pacific by 5.1% in the 3rd quarter. Main Street Financial Solutions LLC now owns 3,455 shares of the railroad operator's stock valued at $703,000 after purchasing an additional 168 shares during the last quarter. Finally, Certuity LLC increased its stake in shares of Union Pacific by 29.4% in the 3rd quarter. Certuity LLC now owns 1,494 shares of the railroad operator's stock valued at $304,000 after purchasing an additional 339 shares during the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Trading Down 0.1 %

Shares of NYSE:UNP traded down $0.20 during midday trading on Wednesday, reaching $234.76. The company's stock had a trading volume of 2,633,946 shares, compared to its average volume of 2,236,909. The firm has a market capitalization of $143.23 billion, a price-to-earnings ratio of 22.43, a PEG ratio of 2.58 and a beta of 1.06. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.76 and a current ratio of 0.93. The firm has a 50 day moving average price of $241.01 and a two-hundred day moving average price of $239.46. Union Pacific Co. has a fifty-two week low of $190.71 and a fifty-two week high of $258.66.

Union Pacific (NYSE:UNP - Get Free Report) last announced its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 earnings per share (EPS) for the quarter, beating 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 company had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $5.97 billion. During the same period in the previous year, the business earned $2.67 EPS. The firm's revenue was down .4% compared to the same quarter last year. As a group, analysts forecast that Union Pacific Co. will post 11.25 earnings per share for the current year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, May 31st will be paid a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a yield of 2.22%. The ex-dividend date is Friday, May 31st. Union Pacific's dividend payout ratio (DPR) is currently 49.62%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on UNP shares. Benchmark lifted their price target on Union Pacific from $260.00 to $266.00 and gave the company a "buy" rating in a research note on Wednesday, April 10th. Jefferies Financial Group initiated coverage on Union Pacific in a research note on Monday, April 8th. They issued a "hold" rating and a $250.00 price target on the stock. BMO Capital Markets boosted their price objective on Union Pacific from $270.00 to $275.00 and gave the stock an "outperform" rating in a research report on Friday, January 26th. Royal Bank of Canada reduced their price objective on Union Pacific from $282.00 to $272.00 and set an "outperform" rating on the stock in a research report on Friday, January 26th. Finally, Stifel Nicolaus upgraded Union Pacific from a "hold" rating to a "buy" rating and boosted their price objective for the stock from $248.00 to $267.00 in a research report on Friday, May 3rd. Six analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Union Pacific presently has a consensus rating of "Moderate Buy" and an average price target of $259.61.

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.