DeDora Capital Inc. Acquires 1,269 Shares of Union Pacific Co. (NYSE:UNP)

DeDora Capital Inc. raised its stake in Union Pacific Co. (NYSE:UNP) by 16.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,932 shares of the railroad operator’s stock after acquiring an additional 1,269 shares during the quarter. DeDora Capital Inc.’s holdings in Union Pacific were worth $2,197,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of UNP. Norges Bank acquired a new position in Union Pacific during the 4th quarter worth $1,832,127,000. Wellington Management Group LLP lifted its stake in shares of Union Pacific by 0.3% during the third quarter. Wellington Management Group LLP now owns 7,261,449 shares of the railroad operator’s stock valued at $1,478,649,000 after acquiring an additional 19,145 shares during the period. Capital Research Global Investors lifted its stake in shares of Union Pacific by 23.1% during the fourth quarter. Capital Research Global Investors now owns 6,851,767 shares of the railroad operator’s stock valued at $1,682,931,000 after acquiring an additional 1,285,144 shares during the period. Northern Trust Corp increased its position in Union Pacific by 4.4% in the third quarter. Northern Trust Corp now owns 6,803,796 shares of the railroad operator’s stock worth $1,385,457,000 after purchasing an additional 285,988 shares during the period. Finally, Fisher Asset Management LLC increased its position in Union Pacific by 2.2% in the fourth quarter. Fisher Asset Management LLC now owns 5,867,842 shares of the railroad operator’s stock worth $1,441,260,000 after purchasing an additional 125,522 shares during the period. 80.38% of the stock is owned by institutional investors.

Union Pacific Stock Up 1.1 %

Union Pacific stock traded up $2.67 during midday trading on Friday, reaching $240.36. The stock had a trading volume of 2,174,714 shares, compared to its average volume of 2,177,795. Union Pacific Co. has a 1-year low of $190.71 and a 1-year high of $258.66. 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’s fifty day simple moving average is $242.95 and its 200-day simple moving average is $235.98. The stock has a market capitalization of $146.65 billion, a P/E ratio of 22.94, a price-to-earnings-growth ratio of 2.52 and a beta of 1.06.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 EPS for the quarter, topping analysts’ consensus estimates of $2.50 by $0.19. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The business had revenue of $6.03 billion for the quarter, compared to analyst estimates of $5.97 billion. During the same quarter in the previous year, the firm posted $2.67 earnings per share. The firm’s revenue for the quarter was down .4% on a year-over-year basis. As a group, analysts expect that Union Pacific Co. will post 11.21 EPS for the current fiscal year.

Union Pacific Announces Dividend

The business 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. This represents a $5.20 annualized dividend and a dividend yield of 2.16%. The ex-dividend date was Wednesday, February 28th. Union Pacific’s payout ratio is 49.62%.

Insider Activity at Union Pacific

In related news, President Elizabeth F. Whited sold 3,750 shares of the stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $250.00, for a total transaction of $937,500.00. Following the completion of the transaction, the president now directly owns 56,682 shares of the company’s stock, valued at $14,170,500. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.28% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on UNP shares. Benchmark raised their target price on shares of Union Pacific from $260.00 to $266.00 and gave the company a “buy” rating in a research note on Wednesday, April 10th. JPMorgan Chase & Co. upped their target price on shares of Union Pacific from $237.00 to $243.00 and gave the company a “neutral” rating in a research report on Tuesday, April 9th. Evercore ISI boosted their target price on Union Pacific from $271.00 to $273.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. UBS Group increased their price target on shares of Union Pacific from $235.00 to $248.00 and gave the company a “neutral” rating in a research report on Friday, January 26th. Finally, TD Cowen boosted their price objective on shares of Union Pacific from $252.00 to $258.00 and gave the company a “buy” rating in a report on Friday, April 26th. Six equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $259.61.

Union Pacific Company 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.