Keudell Morrison Wealth Management Invests $620,000 in Union Pacific Corporation $UNP

Keudell Morrison Wealth Management acquired a new position in Union Pacific Corporation (NYSE:UNP) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 2,679 shares of the railroad operator’s stock, valued at approximately $620,000.

Several other large investors have also bought and sold shares of UNP. Capital World Investors increased its stake in shares of Union Pacific by 193.3% in the third quarter. Capital World Investors now owns 10,481,043 shares of the railroad operator’s stock valued at $2,477,404,000 after buying an additional 6,908,016 shares during the period. Capital Research Global Investors lifted its stake in shares of Union Pacific by 95.0% in the third quarter. Capital Research Global Investors now owns 8,713,196 shares of the railroad operator’s stock worth $2,059,538,000 after acquiring an additional 4,244,226 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Union Pacific by 72.7% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,177,002 shares of the railroad operator’s stock valued at $2,169,168,000 after acquiring an additional 3,861,636 shares during the last quarter. EdgePoint Investment Group Inc. bought a new stake in Union Pacific in the third quarter valued at approximately $408,592,000. Finally, Baupost Group LLC MA acquired a new stake in Union Pacific during the 3rd quarter valued at approximately $353,658,000. 80.38% of the stock is owned by institutional investors.

Insider Transactions at Union Pacific

In other news, EVP Eric J. Gehringer sold 1,999 shares of the firm’s stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $234.93, for a total value of $469,625.07. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Jennifer L. Hamann sold 2,000 shares of the business’s stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $274.70, for a total value of $549,400.00. Following the completion of the sale, the chief financial officer directly owned 114,642 shares of the company’s stock, valued at $31,492,157.40. The trade was a 1.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 31,386 shares of company stock valued at $8,461,716 in the last 90 days. 0.22% of the stock is currently owned by corporate insiders.

Union Pacific Price Performance

Union Pacific stock opened at $265.60 on Friday. The stock has a market capitalization of $157.69 billion, a price-to-earnings ratio of 21.88, a PEG ratio of 2.82 and a beta of 0.99. Union Pacific Corporation has a 52-week low of $210.84 and a 52-week high of $276.40. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.73 and a current ratio of 0.92. The stock’s 50 day moving average price is $253.50 and its two-hundred day moving average price is $243.67.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.86 by $0.07. The company had revenue of $6.22 billion for the quarter, compared to the consensus estimate of $6.12 billion. Union Pacific had a net margin of 29.20% and a return on equity of 39.58%. Union Pacific’s quarterly revenue was up 3.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.70 EPS. On average, equities analysts predict that Union Pacific Corporation will post 12.53 earnings per share for the current year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, May 29th will be given a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, May 29th. Union Pacific’s dividend payout ratio is 45.47%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Barclays restated an “overweight” rating and issued a $315.00 price target (up from $285.00) on shares of Union Pacific in a research report on Friday, April 24th. JPMorgan Chase & Co. upped their price objective on shares of Union Pacific from $267.00 to $275.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Robert W. Baird set a $311.00 target price on shares of Union Pacific and gave the stock an “outperform” rating in a research note on Friday, March 6th. UBS Group restated a “neutral” rating and issued a $274.00 target price (up from $253.00) on shares of Union Pacific in a report on Friday, April 24th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and set a $267.00 price target on shares of Union Pacific in a research report on Tuesday, January 27th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $280.47.

Union Pacific Profile

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.