Tritonpoint Wealth LLC Raises Holdings in Union Pacific Co. (NYSE:UNP)

Tritonpoint Wealth LLC raised its stake in shares of Union Pacific Co. (NYSE:UNP) by 4.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,050 shares of the railroad operator’s stock after buying an additional 422 shares during the quarter. Tritonpoint Wealth LLC’s holdings in Union Pacific were worth $2,611,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. EnRich Financial Partners LLC acquired a new stake in shares of Union Pacific during the fourth quarter worth $31,000. Strategic Investment Solutions Inc. IL raised its position in Union Pacific by 38.8% in the fourth quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator’s stock valued at $39,000 after purchasing an additional 45 shares during the period. Stonebridge Financial Group LLC purchased a new stake in shares of Union Pacific during the fourth quarter worth about $45,000. Centricity Wealth Management LLC purchased a new stake in shares of Union Pacific during the fourth quarter worth about $51,000. Finally, Midwest Capital Advisors LLC acquired a new position in Union Pacific in the fourth quarter worth about $54,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on UNP. Deutsche Bank Aktiengesellschaft began coverage on Union Pacific in a research note on Friday, March 7th. They issued a “buy” rating and a $295.00 target price for the company. Stifel Nicolaus dropped their price target on Union Pacific from $270.00 to $248.00 and set a “buy” rating on the stock in a report on Monday, April 14th. Argus raised Union Pacific to a “strong-buy” rating in a report on Friday, May 16th. Bank of America lifted their price objective on shares of Union Pacific from $256.00 to $262.00 and gave the stock a “buy” rating in a research report on Friday, May 16th. Finally, The Goldman Sachs Group reiterated a “neutral” rating and set a $263.00 price objective on shares of Union Pacific in a research report on Monday, June 2nd. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $257.74.

Union Pacific Trading Down 1.0%

Shares of NYSE:UNP opened at $223.17 on Friday. The stock has a market capitalization of $133.34 billion, a PE ratio of 20.12, a P/E/G ratio of 2.15 and a beta of 1.05. Union Pacific Co. has a 1 year low of $204.66 and a 1 year high of $258.07. The firm has a fifty day moving average price of $220.90 and a 200 day moving average price of $231.64. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.73 by ($0.03). The business had revenue of $6.03 billion during the quarter, compared to the consensus estimate of $6.11 billion. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. The company’s revenue for the quarter was down .1% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.69 earnings per share. Analysts expect that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, May 30th will be issued a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a yield of 2.40%. The ex-dividend date of this dividend is Friday, May 30th. Union Pacific’s dividend payout ratio is presently 48.29%.

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.