Prestige Wealth Management Group LLC Purchases 162 Shares of Union Pacific Co. (NYSE:UNP)

Prestige Wealth Management Group LLC grew its position in Union Pacific Co. (NYSE:UNP) by 5.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,015 shares of the railroad operator’s stock after buying an additional 162 shares during the quarter. Prestige Wealth Management Group LLC’s holdings in Union Pacific were worth $687,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Compass Financial Services Inc purchased a new position in Union Pacific during the 4th quarter valued at about $25,000. Synergy Asset Management LLC purchased a new position in Union Pacific during the fourth quarter valued at approximately $29,000. Dunhill Financial LLC increased its holdings in Union Pacific by 111.5% during the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after buying an additional 68 shares during the period. PrairieView Partners LLC bought a new position in Union Pacific in the fourth quarter worth approximately $34,000. Finally, Kentucky Trust Co bought a new stake in Union Pacific during the 4th quarter valued at $40,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on UNP. TD Cowen boosted their price target on Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Stifel Nicolaus raised their price target on shares of Union Pacific from $253.00 to $270.00 and gave the company a “buy” rating in a report on Friday, January 24th. Raymond James reiterated a “strong-buy” rating and set a $285.00 price objective (up previously from $265.00) on shares of Union Pacific in a research note on Friday, January 24th. Citigroup raised their target price on shares of Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research note on Friday, January 24th. Finally, BMO Capital Markets upped their price target on Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $263.00.

Insiders Place Their Bets

In related news, President Elizabeth F. Whited sold 7,500 shares of the business’s stock in a transaction that occurred on Friday, January 24th. The stock was sold at an average price of $250.00, for a total transaction of $1,875,000.00. Following the completion of the sale, the president now directly owns 64,960 shares in the company, valued at approximately $16,240,000. The trade was a 10.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Craig V. Richardson sold 6,495 shares of the firm’s stock in a transaction on Monday, January 27th. The shares were sold at an average price of $252.00, for a total value of $1,636,740.00. Following the completion of the transaction, the executive vice president now owns 26,319 shares in the company, valued at $6,632,388. The trade was a 19.79 % decrease in their position. The disclosure for this sale can be found here. 0.28% of the stock is owned by company insiders.

Union Pacific Price Performance

NYSE:UNP opened at $235.20 on Tuesday. The firm has a market cap of $142.13 billion, a price-to-earnings ratio of 21.21, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. The company has a 50 day moving average price of $242.85 and a 200-day moving average price of $239.83. Union Pacific Co. has a 1-year low of $218.55 and a 1-year high of $258.07.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.76 by $0.15. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. During the same quarter last year, the company posted $2.71 EPS. Equities research analysts forecast that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be paid a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a yield of 2.28%. The ex-dividend date is Friday, February 28th. Union Pacific’s dividend payout ratio is presently 48.33%.

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.