FSA Wealth Management LLC Takes Position in Union Pacific Co. (NYSE:UNP)

FSA Wealth Management LLC acquired a new position in shares of Union Pacific Co. (NYSE:UNP) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 1,122 shares of the railroad operator’s stock, valued at approximately $277,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Cultivar Capital Inc. acquired a new position in shares of Union Pacific during the second quarter valued at $27,000. Strategic Investment Solutions Inc. IL bought a new stake in Union Pacific in the 2nd quarter valued at about $28,000. Financial Gravity Asset Management Inc. boosted its stake in Union Pacific by 3,250.0% during the 2nd quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock valued at $30,000 after purchasing an additional 130 shares during the period. Catalyst Capital Advisors LLC bought a new position in Union Pacific in the 3rd quarter worth about $30,000. Finally, Fairscale Capital LLC acquired a new stake in shares of Union Pacific in the second quarter valued at approximately $31,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Price Performance

NYSE UNP opened at $244.66 on Friday. The stock has a market capitalization of $148.33 billion, a P/E ratio of 22.47, a P/E/G ratio of 2.42 and a beta of 1.06. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. The business’s fifty day moving average is $240.12 and its two-hundred day moving average is $238.51. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.66.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing the consensus estimate of $2.78 by ($0.03). The company had revenue of $6.09 billion for the quarter, compared to analysts’ expectations of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The company’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same period in the prior year, the company earned $2.51 earnings per share. On average, research analysts forecast that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Monday, December 9th will be given a $1.34 dividend. The ex-dividend date of this dividend is Monday, December 9th. This represents a $5.36 annualized dividend and a dividend yield of 2.19%. Union Pacific’s dividend payout ratio (DPR) is presently 49.22%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. reduced their price objective on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Raymond James lifted their target price on Union Pacific from $265.00 to $275.00 and gave the company a “strong-buy” rating in a research note on Monday, October 14th. StockNews.com cut Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Citigroup lifted their price objective on shares of Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a research note on Tuesday, November 12th. Finally, Royal Bank of Canada reduced their price objective on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Nine research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $259.80.

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.