Transcend Wealth Collective LLC Raises Stake in Union Pacific Co. (NYSE:UNP)

Transcend Wealth Collective LLC boosted its position in Union Pacific Co. (NYSE:UNP) by 3.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,180 shares of the railroad operator’s stock after buying an additional 63 shares during the period. Transcend Wealth Collective LLC’s holdings in Union Pacific were worth $479,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Red Cedar Capital LLC acquired a new position in Union Pacific in the first quarter valued at approximately $26,000. Better Money Decisions LLC acquired a new position in Union Pacific in the first quarter valued at approximately $28,000. Vantage Consulting Group Inc acquired a new position in Union Pacific in the fourth quarter valued at approximately $30,000. Wealthcare Capital Management LLC acquired a new position in Union Pacific in the first quarter valued at approximately $33,000. Finally, Total Clarity Wealth Management Inc. acquired a new position in Union Pacific in the first quarter valued at approximately $33,000. Hedge funds and other institutional investors own 77.84% of the company’s stock.

UNP opened at $219.59 on Friday. The business’s 50-day moving average price is $223.55. Union Pacific Co. has a 12-month low of $161.41 and a 12-month high of $231.26. The company has a current ratio of 0.76, a quick ratio of 0.63 and a debt-to-equity ratio of 1.55. The firm has a market cap of $145.87 billion, a price-to-earnings ratio of 28.41, a price-to-earnings-growth ratio of 2.34 and a beta of 1.14.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Wednesday, April 21st. The railroad operator reported $2.00 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.06 by ($0.06). The company had revenue of $5 billion during the quarter, compared to analyst estimates of $5.07 billion. Union Pacific had a net margin of 27.02% and a return on equity of 32.45%. Union Pacific’s revenue for the quarter was down 4.4% on a year-over-year basis. During the same period in the prior year, the business earned $2.15 EPS. On average, research analysts anticipate that Union Pacific Co. will post 9.55 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 30th. Shareholders of record on Friday, May 28th will be given a $1.07 dividend. The ex-dividend date is Thursday, May 27th. This represents a $4.28 dividend on an annualized basis and a yield of 1.95%. This is a positive change from Union Pacific’s previous quarterly dividend of $0.97. Union Pacific’s dividend payout ratio (DPR) is currently 52.26%.

A number of research analysts have issued reports on the company. Vertical Research assumed coverage on Union Pacific in a report on Friday, March 26th. They issued a “buy” rating for the company. Raymond James upped their target price on Union Pacific from $255.00 to $260.00 and gave the stock a “strong-buy” rating in a research note on Wednesday, May 5th. Morgan Stanley upped their target price on Union Pacific from $190.00 to $195.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 5th. TD Securities upped their target price on Union Pacific from $240.00 to $245.00 and gave the stock a “hold” rating in a research note on Friday, April 23rd. Finally, Royal Bank of Canada upped their target price on Union Pacific from $232.00 to $244.00 and gave the stock an “outperform” rating in a research note on Friday, April 23rd. Five research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $226.32.

About Union Pacific

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages 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, and other agricultural users; coal and sand, petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.

Read More: Resistance Level

Want to see what other hedge funds are holding UNP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Union Pacific Co. (NYSE:UNP).

Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

Receive News & Ratings for Union Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific and related companies with MarketBeat.com's FREE daily email newsletter.