Outlook Wealth Advisors LLC Raises Stake in Union Pacific Co. (NYSE:UNP)

Outlook Wealth Advisors LLC raised its stake in shares of Union Pacific Co. (NYSE:UNP) by 17.6% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,616 shares of the railroad operator’s stock after buying an additional 242 shares during the quarter. Outlook Wealth Advisors LLC’s holdings in Union Pacific were worth $397,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. BluePath Capital Management LLC bought a new stake in Union Pacific during the 3rd quarter worth approximately $25,000. OLD Point Trust & Financial Services N A purchased a new position in shares of Union Pacific during the 4th quarter valued at $25,000. Richardson Capital Management LLC bought a new position in shares of Union Pacific in the first quarter worth $26,000. Raleigh Capital Management Inc. raised its position in shares of Union Pacific by 211.4% in the fourth quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator’s stock worth $27,000 after buying an additional 74 shares in the last quarter. Finally, Valued Wealth Advisors LLC purchased a new stake in shares of Union Pacific in the fourth quarter worth $28,000. 80.38% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

UNP has been the topic of a number of research analyst reports. JPMorgan Chase & Co. upped their target price on Union Pacific from $237.00 to $243.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 9th. StockNews.com upgraded shares of Union Pacific from a “hold” rating to a “buy” rating in a research report on Friday. Stifel Nicolaus lifted their target price on shares of Union Pacific from $231.00 to $248.00 and gave the company a “hold” rating in a research report on Friday, April 12th. Sanford C. Bernstein raised shares of Union Pacific from a “market perform” rating to an “outperform” rating and set a $280.00 price target for the company in a research note on Monday, January 22nd. Finally, TD Cowen raised their price objective on shares of Union Pacific from $252.00 to $258.00 and gave the company a “buy” rating in a research report on Friday. Seven research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $258.78.

Union Pacific Trading Down 0.3 %

Shares of NYSE UNP traded down $0.76 during mid-day trading on Friday, hitting $242.79. The stock had a trading volume of 2,255,458 shares, compared to its average volume of 2,120,671. The business has a 50 day moving average price of $244.27 and a two-hundred day moving average price of $234.95. Union Pacific Co. has a 1 year low of $190.45 and a 1 year high of $258.66. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.67 and a current ratio of 0.93. The firm has a market cap of $148.13 billion, a P/E ratio of 23.17, a price-to-earnings-growth ratio of 2.63 and a beta of 1.07.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.50 by $0.19. The firm had revenue of $6.03 billion for the quarter, compared to analysts’ expectations of $5.97 billion. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The company’s revenue for the quarter was down .4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.67 earnings per share. On average, equities analysts anticipate that Union Pacific Co. will post 11.01 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Thursday, February 29th were given a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a yield of 2.14%. The ex-dividend date of this dividend was Wednesday, February 28th. Union Pacific’s payout ratio is 49.62%.

Insiders Place Their Bets

In other news, President Elizabeth F. Whited sold 3,750 shares of the business’s 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 transaction, the president now directly owns 56,682 shares of the company’s stock, valued at $14,170,500. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.28% of the company’s stock.

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.