HB Wealth Management LLC Purchases 1,290 Shares of Union Pacific Co. (NYSE:UNP)

HB Wealth Management LLC boosted its stake in shares of Union Pacific Co. (NYSE:UNP) by 3.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 45,007 shares of the railroad operator’s stock after buying an additional 1,290 shares during the period. HB Wealth Management LLC’s holdings in Union Pacific were worth $10,263,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in UNP. Strategic Investment Solutions Inc. IL bought a new position in shares of Union Pacific in the 2nd quarter valued at about $28,000. Catalyst Capital Advisors LLC bought a new position in Union Pacific in the third quarter valued at about $30,000. Fairscale Capital LLC bought a new stake in Union Pacific during the 2nd quarter worth $31,000. Jamison Private Wealth Management Inc. boosted its holdings in Union Pacific by 265.7% in the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after acquiring an additional 93 shares during the last quarter. Finally, Peterson Financial Group Inc. bought a new stake in Union Pacific in the third quarter worth approximately $32,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. BMO Capital Markets decreased their price target on Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a research report on Friday, September 20th. Royal Bank of Canada cut their target price on Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. Citigroup increased their target price on Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a report on Tuesday, November 12th. Bank of America dropped their price objective on Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a report on Tuesday, September 24th. Finally, StockNews.com downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Nine investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $259.35.

Union Pacific Stock Performance

Shares of NYSE UNP traded down $0.90 during trading hours on Friday, hitting $233.99. 3,643,704 shares of the company’s stock were exchanged, compared to its average volume of 2,141,562. Union Pacific Co. has a 1-year low of $218.55 and a 1-year high of $258.66. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. The stock has a market capitalization of $141.86 billion, a price-to-earnings ratio of 21.49, a PEG ratio of 2.02 and a beta of 1.06. The company’s 50-day moving average price is $233.98 and its 200-day moving average price is $238.79.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). The firm had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The company’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter last year, the business earned $2.51 EPS. On average, sell-side analysts expect that Union Pacific Co. will post 10.95 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were given a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.29%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific’s dividend payout ratio is presently 49.22%.

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.